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For $599K, a compact Gramercy studio that doesn’t skimp on storage

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There are custom built-ins galore in this alcove studio

All photos via Compass

Welcome back to The Six-Digit Club, in which we take a look at a newish-to-market listing priced under $1 million, because nice things sometimes come in small packages. Send nominations to the tipline.

The owner who last purchased this tiny Gramercy studio in 2015 really decided to make the most of the little space they had available, and are now offering it up on the market for $599,000.

There are built-ins galore in the studio including the Murphy Bed, and the closet space as you enter the apartment. Even though it’s a relatively narrow apartment, it feels much larger thanks to all the delineated spaces.

The co-op opens up into a mini-foyer area, with closets to the left, and the apartment’s only bathroom to the right. The living room, and the kitchen are just beyond that. Undeterred by the tiny space, the architect on this project has managed to squeeze in a table as well, that doubles up as a kitchen island.

Beyond that is the light-filled sleeping area, which also doubles up as an office space during the day, according to the brokerbabble. There’s additional storage space in here too, if the closets out front don’t prove to be enough space.

The building this apartment is in—The Foundry—comes with a roof deck, laundry in the building, and bike storage. The two-building development functions as a “condop” in that “you purchase shares of stock in its corporation, however it operates with condominium by-laws and allows unlimited subleasing after one year of ownership.”