The Real Deal New York

How much are Manhattan’s priciest studios?

One-room digs at Superior Ink, 165 Charles Street asking just under $2M

June 19, 2014 03:15PM

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From left:

From left: 400 West 12th Street, 165 Charles Street and 322 West 57th Street

A 532-square-foot pad at 205 West 76th Street that hit the market for just over $1 million earlier this week may not have broken any records, but the lofty price tag did place the unit among the city’s most expensive studio apartments.

Currently, the priciest studio on the Manhattan market is a 689-square-foot pad in the Superior Ink Condominiums at 400 West 12th Street, asking $1.8 million. That breaks down to $2,612 per square foot. When the unit initially hit the market in March, it was asking even more: $1.9 million.

Second priciest is a 682-square-foot pad at 165 Charles Street. The home is asking $1.5 million, down from the $2 million the buyer was initially asking back in 2008. While the place has only one real wall, according to Curbed, windows abound.

Third most expensive is a $1.29 million, 615-square-foot studio at the Sheffield at 322 West 57th Street. The so-called “alcove” was created with the current owner’s addition of a partition, which leaves the bedroom sans windows. But, the pad does boast a walk-in closet.

A $1.2 million studio at 400 Fifth Avenue in Midtown South and an identically-priced pad in the Memphis Downtown at 140 Charles Street are tied for fourth place. The 400 Fifth Avenue apartment first listed last year at $1.19 million before jumping to $1.32 million, and finally fell back down to the current $1.2 million. The Memphis digs, dubbed a “junior one-bedroom” in the listing, break down to a cost of over $2,000 per square foot. The pad includes a small balcony and walk-in closet.

Rounding out the top five is a $1.19 million, 537-square-foot studio in Twenty9th Park Madison at 39 East 29th Street. The property includes a 360-square-foot terrace and access to a shared rooftop, according to Curbed.

The aforementioned listing 205 West 76th Street, meanwhile, currently ranks ninth on the list of Manhattan’s most expensive studios, according to the Curbed ranking. [Curbed]Julie Strickland

  • flipOutNYC

    It would be much cheaper to rent these studios vs buying

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