A West Village one bedroom with two alternative layouts, for $1,200,000

The West Village must be one of the most charming neighborhoods in New York City, but also one of the most desirable, so deals are rare. This condo, 27 Commerce St., #5A, is asking $1,200,000, which is above the median asking price of $1,100,000 for similar units in the neighborhood, however in the current climate, it's likely that there's room for negotiation on the price. The listing also suggests two alternative layouts, which is unusual, including a two-bedroom conversion.

The unit last changed hands in 2012 for $949,000 and was listed for sale in 2016 but removed from the market. There's also been a change in listing agent since then, all clues that a seller might be ready to strike a deal with the right buyer. The prewar building combines 78 Bedford and 27 Commerce, which together are called The Star Corner, and are joined by an internal courtyard. For this top floor condo, taxes are $455 per month with common charges of $405.

The condo has some ornate details, like the wooden molding on the archway between the entrance and the foyer. It also has hardwood floors throughout. Ceilings are high and the apartment has windows in every room, including the bathroom. 

The country-style kitchen is compact but has a good amount of countertop space. There are no pictures of the bathroom, which suggests it may need an overhaul. 

The bedroom has a built-in closet and from this picture, you get a sense of the high ceilings. 

The listing provides a couple of alternative layouts, which suggests the current one needs some tweaking. One suggestion is to take down the wall separating the kitchen from the living room to make a large open plan space. Another idea is to turn the apartment into a two-bedroom unit by shrinking the living/dining room. Both plans envision the removal of the archway with its detailed woodwork. 

The condo is in a slice of West Village designated as a 'slow-zone', making it less attractive for drivers to cut through the neighborhood. The West Village is generally bike friendly and the building has a bike room.

Other amenities include laundry facilities in the building and a live-in super. The unit is pet-friendly. With trains nearby, it's an easy commute to the city's main business hubs. New projects underway in Hudson Square, which will welcome Google as a new neighbor, will give the neighborhood a more residential feel.