This Gramercy studio has been renovated but the kitchen and bath are a bit extra
![image](/sites/default/files/styles/new_blog_entry_primary_image_sm/public/blog/images/180701GramercyParkLivingRoom.jpg)
This Gramercy studio is well priced at $615,000, which is below the median for the neighborhood. Corcoran
With a price of $615,000, this Gramercy studio, #1D, at 201 East 21st St., is a bargain for the neighborhood, where the median price for a studio is currently $650,000.
The 590-square-foot co-op has lots of storage, thanks to three closets plus built-ins. It was also recently renovated with a big dose of stainless steel and frosted glass in the kitchen and a plenty of glass and marble in the bath, which may not appeal to everyone. Still, it is move-in ready.
![image](/sites/default/files/180701GramercyParkBedArea.jpg)
At roughly 20-by-19 feet, the living area is pretty big and has room for a TV area with a couch, a large dresser, a dining table, another couch closer to the kitchen, and a bed in the corner, where it isn’t quite separate from the living space, but is at least in its own corner. A wall of windows and light wood floors make the room feel brighter, as do recessed lights around the perimeter of the room. Fine-looking built-ins and a decorative fireplace offer several places to display books and framed photos.
![image](/sites/default/files/180701GramercyParkCloset.jpg)
There’s a closet in the corner by the window, and two more closets plus some built-in cabinets in the foyer, meaning there’s more storage space in here than the average studio.
![image](/sites/default/files/180701GramercyParkKitchen.jpg)
The modern kitchen isn’t huge, but it manages to fit in lots of frosted glass cabinets to store pots, pans, and plus a small deli's worth of pantry items. The cabinets are rimmed with stainless steel, which is a rather unusual decorative choice in a kitchen, but they do match the stainless steel appliances (including a dishwasher) perfectly. Another curious choice? Wood ceilings. But they add an unexpected warmth to a space that might otherwise look somewhat cold. There are also white marble countertops with gray veining that offer a surprisingly decent amount of prep space in such a compact room.
![image](/sites/default/files/180701GramercyParkBathroom.jpg)
The bathroom is very modern, with white-and-gray marble on the walls and by the tub, glass doors on the shower, and a vanity big enough to hold ample toiletries.
![image](/sites/default/files/180701GramercyParkFloorPlan.jpg)
The studio is in Quaker Ridge, a 19-story post-war co-op building that has a full-time doorman and porter, a live-in super, a laundry room, and direct access to a parking garage. The pet-friendly building allows for a maximum of 75 percent financing. Maintenance is $737 a month.
Three new buildings with 109 apartments are planned or currently under construction within half a block of Quaker Ridge—including Gramercy Park Condos at 200 East 21st St., a 20-story, 65-apartment building; Gramercy Square Condominium at 228 East 20th St., a seven-story, 37-apartment building; and 266 Third Ave., a four-story, seven-apartment residential building. All are scheduled to be completed in 2021. Expect construction-related nuisances in the neighborhood until then.
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