Photo Credit: Ted Porter Architecture; Ty Cole Photographer

A Murphy bed, movable partitions, hidden storage–these clever additions make this $1.3 million Upper East Side co-op a true city gem. Located in the Carnegie Hill neighborhood at 1326 Madison Avenue, the 1,075-square-foot home was custom designed by the current owner, Bogotá-based artist Lorenza Panero. She bought the apartment in 2012 for $650,000 and then embarked on a colorful and convertible renovation.

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