Renovated One-Bedroom in Kips Bay With Private Terrace (and Windowed Bathroom) Asks $825K

Welcome back to the Six-Digit Club, where 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 tip line.

Private outdoor spaces — balconies, terraces — have always been a coveted feature in New York City apartments; but now, with New Yorkers spending more time at home over the last three months, they have reached a whole new level of desirability.

That’s the main reason why this Kips Bay one-bedroom co-op stood out to us: It has a roomy 253-square-foot private terrace with space for a seating area and views of the East River. Plus, it’s asking $825,000 — well below Manhattan’s $1.7 million median asking price in April.

The recently renovated 19th-floor unit features hardwood floors, large windows, a spacious living area, and beamed ceilings. Conveniences include a dishwasher in the kitchen and common laundry room in the building. Monthlies are hefty, though, at $2,084 per month.

Located at 251 East 32nd Street, the apartment is down the block from a Trader Joe’s and right in front of an AMC movie theater and a Fairway Market. Gill Chowdhury, Zach Gutierrez, and Nicolas Paredes of Warburg Realty have the listing.