Would you be willing to live in a tiny, 180 sq. ft. apartment if it meant moving to one of the poshest nabes in Manhattan for just $125,000? Douglas Elliman Real Estate recently dropped the price of what Curbed calls "Manhattan's most adorable penthouse" from $375K to $125K, and we're curious to see how fast it goes. To be fair, the luxury lilliputian property also comes with a terrace that isn't included in the 180 sq. ft. count, but on the flipside, the maintenance fees are a whopping $1,717/month.
Douglas Elliman describes the 180 sq. ft. apartment as a “Small Penthouse Studio with a terrace in an elegant pre-war full service building just off Park Avenue”. Despite its tiny size, the studio is conveniently-located just two blocks from Central Park, and is actually twice the size of this woman’s place.
The one catch, that is if you don’t count the apartment’s meager proportions as a catch, is that the monthly maintenance is $1,716.98. But that might be expected in a luxury UES building with a 24-hour doorman building. At least you don’t have to spend too much money on furniture because a convertible couch is probably about all you can fit in here comfortably.