Few people would probably even entertain the possibility of purchasing a studio apartment with a price tag that’s north of one million. But they’d be missing out on a rare gem here—an airy, open studio loft at 77 Reade Street in Tribeca that’s asking a lot ($1,495,000 to be exact!), but also has a lot to give.
So large, it’ll be easily convertible to a one-bedroom, the south-facing 855-square-foot unit has high ceilings that make the space feel even bigger than it already is. Three oversized windows offering a view of the Freedom Tower add to the expansive aura. There’s even enough room to carve out a distinct sleeping area (currently separated from the living room by a bookcase) and a dining space with a full-sized table and chairs.
The roomy open kitchen has Italian white glass throughout, as well as a Miele gas range and dishwasher, which should make home cooks happy. There’s also a large island with bar stools, where occupants can sit and eat a leisurely breakfast or sip their morning coffee (try finding that in most other studio apartments).
Another plus for this kitchen is the closet in the right-hand corner, where a stacked washer and dryer is hidden from prying eyes. The only drawback seems to be that the room is exceedingly white—which might make it tough to keep clean.
The bathroom is modern and fresh-looking, offering a deep soaking tub and lots of lighting—including pendants and an overhead fixture. We also like the floating vanity, which both makes the room look more spacious than it is, and adds a certain level of sophistication to the room.
The apartment is located in a full-service, pet-friendly condo building with an elevator, a 24-hour doorman, a gym, a live-in super and a furnished roof deck. Common charges are a shockingly doable $850 a month. Folks who are interested, but who can’t move in quite yet (or are looking for a pure investment property) will be happy to learn that the unit can be delivered vacant or with a rent-paying tenant already in place. Last but not least, the sale can also include a 105-square-foot private storage unit. That's good news because, while this unit is big for a studio, it’s doubtful that a single room can really hold everything a person owns.
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