Small Wonder

This Murray Hill studio has a cozy sleeping alcove—and a rooftop made for summertime entertaining

Share this Article

2019
BRICK UNDERGROUND’S
Holiday Tipping Poll
Holiday Tipping Poll
How much do you plan to tip the building staff this year?

The idea of a Murray Hill starter apartment often conjures up images of a cramped roommate share between a bunch of post-grad renters. But for first-time buyers in the neighborhood, this alcove studio at 50 Park Avenue may be the ideal way to get a foothold in the neighborhood's real estate scene.

The layout's a little unusual: The sleeping area is located in an alcove just to the side of the front door (it could be nicely separated from the rest of the space with a screen or curtain), and the listing notes that it has "closet/storage space and a large dressing area/walk in closet," though those aren't visible in the photos. There also are no windows in this alcove, though that could be a plus if you're prone to sleeping in:

From there, the apartment opens up into a spacious living room with an open kitchen, which has been recently renovated to include granite countertops and stainless steel appliances, including the all-important dishwasher:

50 Park Avenue is a full service, pet-friendly co-op with elevators, laundry, storage, and a live-in super, and also includes a shared roof deck with pretty choice views of the midtown skyline. This in mind, the sellers are asking $599,000, and monthlies are listed as $952/month. That's a bit high for the neighborhood; StreetEasy tallies the average price of current studio listings in Murray Hill as around $495,000.

So what do you think—a fair price for that location and those amenities, or would you rather take your $600k and get a larger spread uptown or in the outer boroughs?