Living spaces in New York City (Manhattan), as most people know is very limited. It is not surprising to hear that the purchase price of a very tiny apartment/condo in Manhattan, the big city, can go as high as $150,000 depending on the location. Buying a house outside of Manhattan with a budget of only $150,000 can get you NOTHING, maybe a fixer upper or a handyman special or an average sized house in the far flung suburbs up in the mountains. It’s simply impossible to buy one (with $150,000 budget) in the four boroughs of New York or on Long Island even with the current home-buying climate.
Thus, when I read about a couple living in Manhattan (plus their two cats), I was not surprised at all that they took the plunge three months ago and bought a micro-studio for $150,000 which is touted as the smallest apartment in New York City at 175 square foot located in Morningside Heights. The apartment is 14.9 feet long and 10 feet wide which is as narrow as a subway car; in fact, it is like living in a jail cell just thinking of the dimensions but to them, according to reports, they feel like they are living in a castle.
The bathroom is even smaller, barely spanning three feet.
So, what do they love about their studio? The co-op is on the 16th floor of a doorman building on 110th Street, between Broadway and Amsterdam Avenue. With two small windows, they have the views of upper Manhattan; hardwood floors; a tiny kitchen with a mini-fridge and hotplate; and a closet-sized bathroom with a shower, sink and toilet. Oh and it’s only accessible by a staircase on the 15th floor.
The couple thinks that if they can make it here, they can make it anywhere. Do you agree?