How much can you do with 410 square feet? Surprisingly, quite a bit. A renovation at this Hell’s Kitchen studio, located within the 433 West 54th Street cooperative, has tried to maximize space in any way possible. Case in point: a Murphy bed “cabinet” with the option to tuck your bed away in style, a corner kitchen lined with wood that also holds storage underneath a compact breakfast bar, and a fire escape that makes for a suitable outdoor space. After last selling in 2010 for $340,000, the studio is asking $425,000.