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.
We’ve seen a few so-called “transforming” apartments in New York City over the years: There was the 225-square-foot East Village studio, in which the renter created a bare-bones plywood bed-cum-storage unit that maximized the minimal space available. And Michael K. Chen Architecture’s “attic transformer,” located on the top floor of a landmarked West Village building, was a chic solution for what was once a tiny, drab space. (Chen’s firm is pretty good at this kind of transformational, space-saving interior design.)
This Park Slope apartment, asking $799,000, falls somewhere in between those two units. It’s not as highly designed as one of Chen’s concepts, but it’s far more stylish than the plywood unit in the East Village. The listing notes that a family of four lived here (“comfortably,” no less!) for the past few years.
On the surface, the apartment is one large, open space, with one bedroom located just off the entryway. But collapsible walls were installed throughout, allowing for the room to be partitioned off into a separate living room, kitchen/dining room, and bedroom. The bedroom area also has a high-end Murphy bed with built-in storage—in fact, storage is abundant throughout the entire apartment, with custom cabinetry in the kitchen and the bedroom (which has been utilized as a children’s room).
The apartment itself is on the third floor of a walk-up building, with maintenance coming in at $775/month. In addition to the design changes, the space has also gotten upgrades to its mechanicals; there are new windows, electrical and plumbing systems, and appliances in the kitchen. (It’s also within the boundaries for Park Slope’s ever-popular P.S. 321—which may explain why a family created this living situation in the first place.)
Listing: 943 President Street #3R [Corcoran]