REAL ESTATE > Union Square Studio

$575,000

MANHATTAN : 31 East 12th Street (at University Place), #11B

A studio co-op. Shema Bryan, Bellmarc Realty (212) 627-3000, ext. 240; www.bellmarc.com.

MAINTENANCE: $833 a month

PROS: This prewar studio has attractive and useful space-saving features like built-in speakers, window seats and custom wood and sand-blasted glass closets and cabinets. The apartment has four large windows, high ceilings and good closet space. The dark brown wood floor matches the wood on the built-in furniture and adds a touch of sleekness to the small space.

CONS: The kitchen is not ideal: there is no oven, the cooktop has only two burners, and the refrigerator is compact.