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Pics aren't up on SE yet.
Cute apartment but mon dieu,it's even small for Tokyo
I don't think it's 200 sq ft
Open House may want to adopt hospital rules. "2 at a time please."
Where would one put one's clothes, in the (tiny) bathtub??
I still think some idiot will pay $250K. Listing price, of course is ridiculous.
Cheapest apt for rent in West Village is $1700. Going to go up 5% a year too, there's no more land.
Here you have a $300 maintenance and $800 to borrow $325K at 3%, leaves you at $1100 a month. Add in tax benefit at 35%, you're down to $700. Apt appreciates by 3% a year, giving you the $700 back.
You'd be an idiot not to live there.
If you think about it as the size of a hotel room and use it for a pied a terre, its not that unbearable. And I could see some trendoid who "only comes home to sleep" trading space for proximity to the Meatpacking District (fka the Meat Market but that's when it was a working market not a playground) although I don't know where they could possibly store the wardrobe (clothes and shoes) necessary to maintain that lifestyle especially if one needed a totally different look for the day job that financed it.
For a pied a terre, Nada is dead on.
For $1100 a month, one has a kitchen, a bathroom and a bed in manhattan, the west village no less.
Really can't beat that.