Small Wonder

A renovated Sutton Place studio with a separate sleeping area, for $450,000

 Sliding glass doors separate the sleeping area from the living area in this Sutton Place studio. Sotheby's International Realty

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It doesn’t have a real bedroom, but this Sutton Place studio, 400 East 59th St., #15H, has the next best thing—a sleeping area that’s separated from the living space by sliding glass doors.

Other pluses for the south-facing apartment include a newly renovated kitchen and bathroom, and a recent $18,000 price reduction. The unit is now asking $450,000—that's just over the median asking price for studios in the neighborhood, which is $442,500, according to StreetEasy.

You enter the apartment through an L-shaped foyer that brings you into the small, sunlit living space (which gets light from two sources—a narrow window in the living room and through the sleeping area’s glass doors). The room has white walls, beamed ceilings, light herringbone wood floors, and just enough space for a love seat and ottoman. There are also two decent-sized closets in here—the only ones in the entire apartment.

French doors separate the living area from the sleeping area, which has a built-in desk and bookcase, a large bed, and windows on two sides—giving the room an open feel.

The kitchen is teeny—it doesn’t have a whole heck of a lot of storage space or even room for full-sized appliances, there seems to be an under-counter fridge and a cooktop without an oven in here—but everything’s brand-spanking new. The cabinets are a soft gray and match up nicely with the backsplash and the countertops, which are flecked with gray. The best part of the kitchen, however, is that it has a breakfast bar that can accommodate a pair of bar stools. This is especially important given that there doesn’t appear to be any other space where one can comfortably eat a meal in this apartment.

The windowed bathroom, which was recently redone in muted, neutral tones, has more storage than one would expect, with a vanity, as well as an additional cabinet across . There’s also a large mirror that helps the space appear bigger than it actually is.

The studio is located in a full-service co-op building that has laundry and storage on the premises, as well as a full-time doorman and a live-in super. Maintenance is $1,149 a month, and includes electricity and basic cable.

There’s no flip tax, and pieds-à-terre and pets are permitted.