Small Wonder

A renovated Chelsea studio with a separate sleeping alcove, for $589,000

There's more privacy here than with the typical studio, thanks to the sleeping alcove's location near the door. But you have to walk through it to get to the rest of the apartment. 

Compass

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The layout of this Chelsea co-op apartment, 221 West 21st St., #2D, is rather unique—the living/dining room and kitchen are at one end of the unit and a sleeping alcove is on the opposite side, so there's more privacy here than in the average studio, if you have guests.

Other pros of the $589,000 studio—which experienced a $10,000 price drop a couple of weeks ago—include a recent renovation, a decorative fireplace, and a large storage cage that comes with the apartment. 
 
The living/dining area is a good size, and has hardwood floors, white walls, and a pair of large, south-facing windows. The decorative fireplace is exposed brick, and there's room for a couch, coffee table, chair, and a bookshelf. 
 
 
Just off the living area is a small-ish kitchen with a bar eating area topped by a set of antique-looking pendant lights, many more dark-wood cabinets than you would think would be able to fit in a space this size, granite countertops, a tiled backsplash, and stainless steel appliances.   
 
The sleeping area at the other end of the apartment can hold a queen-sized bed, but little else. The room has an exposed brick wall and a ceiling fan. But it looks like you have to walk through this alcove in order to get to the rest of the apartment. 
 
 
The bathroom has Toto hardware and Carrera marble. 
The studio is located in a prewar elevator building with a newly renovated lobby and hallways that give off an industria-chic vibe. There’s a bike room, an updated laundry room, a voice intercom system, private storage, and a part-time super. Pets are allowed with board approval. Pieds-à-terre, co-purchasing, guarantors, and gifting are allowed. You can sublet immediately upon closing. Maintenance is $964 a month. There is also a special assessment of $44 per month until May 31, 2020. 
 
The 1 train at 23rd St. is a four-minute walk away.