This Modern Manhattan Gem Is a Steal

This Modern Manhattan Gem Is a Steal

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Colleen Egan
Dec 26, 2017

The very idea of buying a condo in Manhattan (in a desirable neighborhood, no less) for under seven figures is enough to elicit laughter and talk of lottery tickets. But this Gramercy Park beauty is proof that these urban unicorns do exist. Add sweeping city views and a full-time doorman into the mix, and we understand if you need to sit down and take deep breaths.

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Manhattan real estate is notorious for its gigantic price tags and tiny spaces. So, the fact that this generously-sized one-bedroom has an asking price of $625,000 makes it one hot property. And, since New York is a 24-hour kind of town, an especially appealing feature of this Gramercy Park co-op building is that it's conveniently located just a short walk from Union Square, bustling with stores, restaurants and a subway hub.

For New Yorkers who don't survive solely on takeout, the bright white kitchen has plenty of cabinet space, and the unit also has room for a proper dining table and chairs – ideal for hosting dinner parties. We're especially enamored by the L-shaped bedroom, which is large enough to use part of it as a sitting area or dressing space. However, one thing to keep in mind is that the previous owner wanted a loft-style sleeping space, so the bedroom area is missing a door, but that's an easy fix.

The building itself ticks off plenty of wish-list items among Manhattanites, like a full-time doorman, a live-in super, an elevator and new laundry facilities. And, if you thought the closest you could come to being a pet owner in New York was following a bunch of dogs and cats on Instagram, get excited: the building is pet-friendly, so you can actually adopt a furry friend.

Are you on the house hunt, or just the type of person who loves browsing real estate listings, even when you're not in the market for a new home? Property Crush is a column where we feature actual real estate listings that get the Apartment Therapy seal of approval in regards to style (we haven't done home inspections or anything, so don't sue us).

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