While a 470-square-foot studio sounds pretty small when it comes to living space—and we certainly wouldn’t expect much in the way of storage—this $699,000 co-op at 100 West 15th Street excels in lots of unexpected ways. Sleeping lofts can be tricky—especially when they’re touted as the second floor of a “duplex” for twice the price of this unit–but in this case it works. A sizable sleeping platform with a wall of closets makes this studio look spacious rather than cell-like, and is in keeping with the Chelsea building’s industrial loft history. Finishes also have a loft aesthetic, enough to look like they belong without looking precious. And the quality of the home’s fixtures shows that whoever renovated this space meant business when it came to maximizing style and function in every square foot.