Small Wonder

This Gramercy Park studio is a bargain (considering the pricey neighborhood)

The apartment is in a full-service co-op building down the block from Stuyvesant Square.

Maz Group NY

Share this Article

How much total do you plan to tip the building staff this year?

This Gramercy Park studio co-op looks to be a bit on the small side, but there’s still lots to recommend it. For starters, the apartment at 210 East 15th, #5J is in a great area, close to Union Square and the East Village. And at $469,000, it’s also a steal for the neighborhood, where the median price for a studio at the moment is $612,000.

The south-facing living space, which appears to be about 240 square feet according to the floor plan, is stylish, but as it’s set up right now, the room seems a tad cramped. The foyer is larger than most, however, and there's room for a storage piece there.

In the living space are bright white walls and a gray feature wall, currently showcasing an array of photographs behind the couch. A sectional sofa, a coffee table, a large bed, and a desk by the window eat up a lot of the space as it's staged now. More compact furniture would create more room.

There are also yellowish parquet floors underfoot that seem a bit outdated, but they look to be in decent shape..

The slim pass-through kitchen has lots of cabinets (including a single frosted-glass fronted one where you can store your prettiest stemware), stainless-steel appliances (including a dishwasher, which isn’t always a given in a studio apartment), a gray tile floor, and an eye-catching backsplash that adds a pop of personality to the somewhat simple area. There’s also a small breakfast bar.

The white-tiled bathroom was recently updated, and it looks to be in good condition, if a bit humdrum. There’s a large vanity for toiletry storage and a tiled floor. The lighting does seem a little harsh, but that can be easily remedied with a different fixture, or better yet, sconces next to the medicine cabinet.

The apartment is in Parc Fifteen, a full-service building with a 24-hour doorman, a live-in super, gym, a laundry room, a bike room, parking, and a roof deck.

The building is pet-friendly, and allows co-purchases, gifting, parental purchasing, and up to 75 percent financing. Guarantors are considered on a case-by-case basis. Maintenance is $931 a month.

The apartment is a few blocks away from Union Square.