311 Greenwich Street, #7I - $775,000 (Just Reduced) - 730 sq, ft.

When we first saw this apartment (listed back then at $799,000), the first word that came to mind was "airy". The layout is quite nice, with the living room and bedroom both containing a bright wall of windows. There is a long (although not exactly wide) balcony that can be accessed from both the bedroom and the living room. The cutout kitchen also has a window (to the outside) which is a cute touch that we happen to be suckers for.

Although the apartment needs major refinishing - we're talking paint, floors (is that old parquet?), kitchen appliances, and even the closet doors (a few of which have jagged edged "half" plastic knobs), it is a much better value than the treehouse next door.

The carrying costs (at around $1100 per month) aren't terrible, although the building isn't exactly amenity-filled. There is no W/D in the unit but there is definitely room for one. We still love this location and heck this apartment, especially with the mild price reduction (not enough in our opinion though), is definitely worth a look.