200 E 27 Street

Though the copy in the listing doesn't tip its hand, 200 E 27th Street is a great building to live in, well located at the corner of 27th and 3rd. The building boasts a fantastic roof top, the best place to see the July 4th fireworks with the twinkling New York skyline as backdrop.

The layout makes the most of the 725 square feet. When you need efficiency, the boxier the better. And closets. New Yorkers need closets and this apartment has plenty of them.

Friends of ours live on the first floor of this building. They have a huge patio with a privacy fence, outdoor lighting, a manly gas grill and a top-notch chef. Of course, that patio has nothing to do with this apartment, but at least you would know there is a couple in the building worth making friends with.

A couple of months ago, this apartment could easily have sold at its $545K asking price. But today with credit markets tighter than grandma's girdle, the sellers need to come down to $485K to make me come knocking at the door.