This 400-square-foot studio co-op in a prewar building in Brooklyn Heights has a lot going for it, convenience and cost being the two main draws. On the market for the first time in five years, 155 Henry Street #5C is listed at $389,000, with $469 a month maintenance.

The compact kitchen features stainless steel appliances and granite countertops. The bathroom is equipped with subway tile, the apartment's original pedestal sink and a soaking tub.

The oak strip floors were refinished and the bathroom was re-grouted ahead of the apartment being listed.

Other attractive features include three closets, two built-in cabinet/shelf units, a live-in super who will take packages, a laundry room and the option to have a washer/dryer the unit.

The building is in the heart of Brooklyn Heights, less than a block from the 2/3 station at Clark Street, which is one stop from Manhattan, a block from the bars and restaurants of Montague Street and four blocks from the Brooklyn Heights Promenade.

The main downside, besides the tight space: though every room has at least one window, the main room's windows are north-facing, meaning some creative brightening methods could be in order to stave off year-round seasonal affective disorder.