Small Wonder

This Flatiron studio comes with a sleeping loft, but it'll cost you

Share this Article

Sleeping lofts aren’t for everyone. Neither are $970,000 price tags (especially for studio apartments!). But if you don’t mind the former and can swing the latter, you might want to check out this 11th-floor unit at 254 Park Avenue South in the Flatiron District.

The apartment measures just 506 square feet, but the 12-foot ceilings make the space seem larger than it actually is. The main living area has dark-hued oak flooring, an exposed brick wall and lights that are recessed into a beam running across the room.

When you first enter the apartment, there’s an area that, as the place is currently staged, serves as a desk nook. Across from that is a small, retractable dining table pushed against the wall. Next is a living area, currently set up with a couch, coffee table, and TV.

A brick divider partitions the main room, and is currently augmented by a striking bookcase/shelving unit.

Oddly, the area on the other side of the divider currently has a bed in it, and there are no photos of the actual sleeping loft, which is up a retractable staircase and over the kitchen. Given the tight quarters, and depending on one's preferences, we presume the loft could double as a storage area. The two closets would also be your friends in this setup.

The modern kitchen has sleek, stainless steel appliances. It also has a fair amount of cabinet space (although it would have more if only the upper-level cupboards went all the way up to the ceiling), as well as a dishwasher and a washer/dryer. These appliances are hidden from view by panels that match the rest of the cabinets in the room.

There’s also a limestone-lined bathroom that includes a medicine cabinet, glass shelves and a glass-enclosed shower. One complaint here might be the absence of an actual tub. Showers are great, but sometimes what you really want is a rejuvenating soak in a long, hot bath. The apartment also only has one window, and though it's on a high floor, it faces the center of the block, not the street, meaning light might be as precious a commodity as space here.

Still, the building is just four blocks from Union Square, and it's pet-friendly, with a full-time doorman, a gym that’s free for residents, and a lounge with a pool table, poker tables, a bar and an entertainment center.

Common charges are $440 a month and taxes are $787 a month.