Photo courtesy of Brown Harris Stevens

Set among a corridor of modern residences that lie between quaint Carroll Gardens and industrial Gowanus, this three-bedroom duplex condo at 345 Carroll Street, now asking $3,995,000, has just about everything you could ask for in its 2,912 square feet of living space. The garden floor condo is even blessed with the urban rarity of a private one-car garage as well as a massive private outdoor terrace. With an entire floor of “bonus” spaces that include a mudroom, laundry room, and two offices, it’s almost like having a townhouse with the ease of condo living.

Take the tour

Studio 505N at 540 West 49th Street, available for $815,000 via Halstead

As anyone who lives in a studio apartment can tell you, it’s often the best–if not the only–way to live without a roommate in New York. But with developers finding it much more profitable to build large apartments, studio apartments may be heading to extinction. And those existing one-room units are seeing steep price increases as demand is outpacing supply.

As the Daily News reports, “Listings for new studios compose just 4% of the units in Manhattan — down from 15% in 2013… As of January, just 30 such apartments were on the market, compared with 161 in January 2012.” The median price for a new Manhattan studio rose over the past year to $930,000, a whopping 60 percent increase. Comparatively, the median price for a new one-bedroom unit rose 30 percent and for a two-bedroom home it dropped by 11 percent.

More on the real estate trend here