Welcome to Apartment 5L at 211 Thompson Street, a distinctive studio with a sunken living area, offering charm, functionality, and rare outdoor access in one of Manhattan’s most iconic neighborhoods. This well-planned residence spans approximately 430 square feet and features a step-down living room with southeastern light and access to a semi-private balcony, perfect for relaxing or enjoying a cool breeze. Hardwood floors, high ceilings, and clever storage, including three closets, enhance the sense of space. The eat-in kitchen is bright and efficient, with a large island, full-size refrigerator, dishwasher, and plenty of cabinet space, ideal for cooking and casual dining. A split-level layout naturally separates the living and dining areas, giving the home a spacious and open feel. 211 Thompson Street is a well-maintained elevator co-op with a part-time doorman and laundry on every floor. Located just half a block from Washington Square Park and NYU, the building permits subletting (restrictions) and considers pied-à-terres, co-purchasing, and gifting on a case-by-case basis. However, parents purchasing for children is not permitted. This is an ideal opportunity for a first-time buyer, investor, or anyone looking for a Village pied-à-terre. Showings by appointment.