Gramercy Park one-bedroom with walk-in closet wants $499K

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.

Though there are plenty of pricey and posh properties in Gramercy Park, the neighborhood often surprises with relatively affordable units. This one-bedroom co-op, on the market for $499K, is proof.

The 550-square-foot apartment has a spacious living room, a walk-in closet in its bedroom, and a dishwasher. It also features many prewar touches including exposed brick, hardwood floors, and a decorative fireplace.

Another selling point is its location, at 323 East 21st Street, steps from Gramercy Park and a 12-minute walk to Union Square.

The apartment sits inside a five-story walk-up that accepts both cats and dogs and has a common courtyard garden. Maintenance charges for the unit are hefty, though, at $1,419/month. Mike Miller of Compass has the listing.