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We’re huge fans of The Griffin at 101 Lafayette Avenue and the views from this 17th floor studio look killer but the trade-off is size: There’s no exact square-footage provided, but the apartment can’t be a whole lot more than about 400 square feet. (There is a murphy bed though!) Given the size, both the monthly maintenance of $661 and the asking price of $345,000 feel a bit on the high side. On the other hand, the building and floor are special so maybe someone’ll fall in love.
101 Lafayette Avenue, #17C [Corcoran] GMAP P*Shark



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  1. i really wish that ultra mini studios existed. maybe they do and i dont know about it tho. im talking like really small maybe 80 square feet. i could live in 80 square feet comfortably. i could probably make do with 50.

    *rob*

  2. saminthehood – $235,000 sounds like a good deal for sure, but what is the maintenance? All the under-$250,000 studios south of 100th St. seem to be least $500-600 per month maint., with many over $1,000. That goes a long way in determining a studio’s affordability, especially for people starting out.

  3. Sorry…posted before I finished. Houses were a lot more affordable vis a vis income many years ago and Chicago, though it may have been the second largest city was a very small fraction of NYC prices…and still is today. It does not surprise me that most people find it very difficult to get the downpayment money saved when they live in a city as expensive as NYC. No reason not to be “living” in your 20s and not saving.

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