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Buy This Incredible Transforming 'Micro Apartment' In New York City For $1 Million

<span><img style="float:right;" src="http://static1.businessinsider.com/image/515b005eeab8eac06d00000c-401-300/lifeedited-party-scene-2.jpg" border="0" alt="LifeEdited Party Scene" width="401" /></span>Graham Hill, founder of minimalist design firm LifeEdited, made headlines last year when he transformed a tiny, 420-square-foot apartment in Manhattan's trendy SoHo neighborhood into a livable <span>-</span> and fashionable <span>-</span> home.

Now he's put the apartment on the market for $995,000 - that's $2,369 per square foot, according to Curbed New York.

<span style="line-height: 1.5em;">The idea for the apartment was to fit </span>700 square feet into 420 square feet<span style="line-height: 1.5em;"> with the creative use of space. The result is a home that doubles as a treasure trove of storage space, featuring fold-up beds, hidden cabinets, removable walls and more. It can be transformed from a living room to bedroom, workspace, dining room and entertainment space.</span>

"A simpler life is a happier life," Hill told Business Insider in an interview last year.

Hill spent around<span style="line-height: 1.5em;"> $300,000 buying the space, plus an extra $250,000 to $300,000 in renovations. He </span><span style="line-height: 1.5em;">walked us through the stunning space last year. It's being sold with all furniture, and </span>is listed with Corcoran<span style="line-height: 1.5em;">.</span>

<span style="line-height: 1.5em;">Megan Durisin contributed to this story.</span>

<h3>Here's the floor plan of Hill's apartment. At 420 sq. feet, it could fit inside the average American home about four times. </h3>

<img src="http://static3.businessinsider.com/image/5149d02e69beddc163000010-400-300/heres-the-floor-plan-of-hills-apartment-at-420-sq-feet-it-could-fit-inside-the-average-american-home-about-four-times.jpg" alt="" />

<h3>Here's what the space usually looks like as a bedroom. Hill says it can transform into five different spaces &#151; including a living room, bedroom, dining room, entertainment center and workspace.</h3>

<img src="http://static4.businessinsider.com/image/5149c614ecad043c79000003-400-300/heres-what-the-space-usually-looks-like-as-a-bedroom-hill-says-it-can-transform-into-five-different-spaces--including-a-living-room-bedroom-dining-room-entertainment-center-and-workspace.jpg" alt="" />

<h3>This is the view from the opposite angle. Hill said he loves the apartment and it hasn't been very difficult getting used to living in the small space, although he had lived in some other small spaces previously.</h3>

<img src="http://static6.businessinsider.com/image/514b12386bb3f7576a00001e-400-300/this-is-the-view-from-the-opposite-angle-hill-said-he-loves-the-apartment-and-it-hasnt-been-very-difficult-getting-used-to-living-in-the-small-space-although-he-had-lived-in-some-other-small-spaces-previously.jpg" alt="" />

<h3>Here's the tiny kitchen. Hill described as "really smart and super efficient." The wall covered with clippings has a thin steel panel underneath to make it magnetic. The breakfast bar hides an extendable table.</h3>

<img src="http://static3.businessinsider.com/image/5149d5256bb3f70f09000017-400-300/heres-the-tiny-kitchen-hill-described-as-really-smart-and-super-efficient-the-wall-covered-with-clippings-has-a-thin-steel-panel-underneath-to-make-it-magnetic-the-breakfast-bar-hides-an-extendable-table.jpg" alt="" />

<h3>The table pictured here doubles as a work station and dinner table. It's nearly 10 feet long when fully extended, perfect for a dinner party of 10. The leaves for the table are stored in a cabinet in the wall.</h3>

<img src="http://static4.businessinsider.com/image/5149d759ecad047519000012-400-300/the-table-pictured-here-doubles-as-a-work-station-and-dinner-table-its-nearly-10-feet-long-when-fully-extended-perfect-for-a-dinner-party-of-10-the-leaves-for-the-table-are-stored-in-a-cabinet-in-the-wall.jpg" alt="" />

<h3>For cooking, Hill's apartment has a Wolf convection oven/microwave ($845) with 1.5 cubic feet of space - enough to fit a turkey. A set of Joseph Joseph nesting bowls and utensils ($45) are kept next to the unit. </h3>

<img src="http://static1.businessinsider.com/image/5149d2eeecad04bc1000001b-400-300/for-cooking-hills-apartment-has-a-wolf-convection-ovenmicrowave-845-with-15-cubic-feet-of-space-enough-to-fit-a-turkey-a-set-of-joseph-joseph-nesting-bowls-and-utensils-45-are-kept-next-to-the-unit.jpg" alt="" />

<h3>The fridge and freezer are tucked away in a drawer. This is an Energy Star rated Sub-Zero 700BCI fridge/freezer ($4,230) drawer and a NatureMill automatic composter ($299).</h3>

<img src="http://static4.businessinsider.com/image/5149d3cd69bedd4172000006-400-300/the-fridge-and-freezer-are-tucked-away-in-a-drawer-this-is-an-energy-star-rated-sub-zero-700bci-fridgefreezer-4230-drawer-and-a-naturemill-automatic-composter-299.jpg" alt="" />

<h3>The apartment is kept cool with a Frigidaire 8000 BTU air conditioner. The panel leaning next to the cabinet covers the unit during the winter when it's not needed.</h3>

<img src="http://static6.businessinsider.com/image/5149d08feab8ea910800000b-400-300/the-apartment-is-kept-cool-with-a-frigidaire-8000-btu-air-conditioner-the-panel-leaning-next-to-the-cabinet-covers-the-unit-during-the-winter-when-its-not-needed.jpg" alt="" />

Cost: A similar 8000 BTU Frigidaire unit is listed for about $215 on Amazon.

<h3>Hidden cupboards give extra storage and blend in with the walls when closed.</h3>

<img src="http://static6.businessinsider.com/image/5149eed7ecad04bd45000005-400-300/hidden-cupboards-give-extra-storage-and-blend-in-with-the-walls-when-closed.jpg" alt="" />

<h3>Hill opted for portable burners instead of a stove. This model is made by Fagor (each burn costs about $150). The counter is made of Eco by Consentino and consists of recycled quartz.</h3>

<img src="http://static5.businessinsider.com/image/5149ef07ecad04ce47000002-400-300/hill-opted-for-portable-burners-instead-of-a-stove-this-model-is-made-by-fagor-each-burn-costs-about-150-the-counter-is-made-of-eco-by-consentino-and-consists-of-recycled-quartz.jpg" alt="" />

<h3>The drawer theme continues. Here's the dishwasher, a Fisher Paykel DishDrawer. It uses two gallons a cycle instead of a normal model's six.</h3>

<img src="http://static1.businessinsider.com/image/5149f0e0ecad04e94900000b-400-300/the-drawer-theme-continues-heres-the-dishwasher-a-fisher-paykel-dishdrawer-it-uses-two-gallons-a-cycle-instead-of-a-normal-models-six.jpg" alt="" />

<h3>Here's the bathroom. It's split into a separate shower and toilet area. The fixtures are from Fluid and Caroma designed the sink and toilet.</h3>

<img src="http://static5.businessinsider.com/image/5149f2e6ecad049d50000000-400-300/heres-the-bathroom-its-split-into-a-separate-shower-and-toilet-area-the-fixtures-are-from-fluid-and-caroma-designed-the-sink-and-toilet.jpg" alt="" />

<h3>The toilet space is mostly wood and stone. Hill said a seat folds out over the toilet to turn it into an "acoustically, very private zen-type room" where a person also could make a private phone call or meditate. The bathroom has a Zehnder ComfoAir 200 heat recovery ventilator above the toilet that retains more than 90 percent of the heat that could be lost through traditional ventilation.</h3>

<img src="http://static2.businessinsider.com/image/5149f3106bb3f7d844000002-400-300/the-toilet-space-is-mostly-wood-and-stone-hill-said-a-seat-folds-out-over-the-toilet-to-turn-it-into-an-acoustically-very-private-zen-type-room-where-a-person-also-could-make-a-private-phone-call-or-meditate-the-bathroom-has-a-zehnder-comfoair-200-heat-recovery-ventilator-above-the-toilet-that-retains-more-than-90-percent-of-the-heat-that-could-be-lost-through-traditional-ventilation.jpg" alt="" />

<span>Cost: A BuildingGreen.com post cites </span>the installation price around $6,000<span>.</span>

<h3>Ports near the windows funnel in heat from the Zehnder unit. The ceiling houses a Modern Fan Company Cirrus Fan, and Amina Invisible Speakers are built into the drywall. </h3>

<img src="http://static5.businessinsider.com/image/514b1533eab8ea6118000027-400-300/ports-near-the-windows-funnel-in-heat-from-the-zehnder-unit-the-ceiling-houses-a-modern-fan-company-cirrus-fan-and-amina-invisible-speakers-are-built-into-the-drywall.jpg" alt="" />

Cost: The fan costs about $368 on Amazon. The speakers are manufactured in Europe and prices vary.

<h3>Now, back to the main room. One of the main features of the space is the Resource Furniture Swing Sofa/Bed ($13,000) with chaise lounge extender. It's essentially a Murphy bed.</h3>

<img src="http://static5.businessinsider.com/image/5149f50feab8ea6a5d000006-400-300/now-back-to-the-main-room-one-of-the-main-features-of-the-space-is-the-resource-furniture-swing-sofabed-13000-with-chaise-lounge-extender-its-essentially-a-murphy-bed.jpg" alt="" />

<h3>It has a space for storage underneath the cushions.</h3>

<img src="http://static4.businessinsider.com/image/5149f69eecad04eb5200000b-400-300/it-has-a-space-for-storage-underneath-the-cushions.jpg" alt="" />

<h3>Here's a view with the bed folded down. The bedding is by Loop Organics.</h3>

<img src="http://static1.businessinsider.com/image/5149ff5ceab8ea9878000003-400-300/heres-a-view-with-the-bed-folded-down-the-bedding-is-by-loop-organics.jpg" alt="" />

<h3>When guests visit, a moving wall can separate the living room into two private bedrooms. The wall was designed by Modern Office Systems.</h3>

<img src="http://static3.businessinsider.com/image/5149c4fd69bedd154e000002-400-300/when-guests-visit-a-moving-wall-can-separate-the-living-room-into-two-private-bedrooms-the-wall-was-designed-by-modern-office-systems.jpg" alt="" />

<h3>Inside the stationary back wall, the Resource Furniture Lollipop bunk bed ($2,000+) folds out to sleep two guests.</h3>

<img src="http://static4.businessinsider.com/image/514b0c2c69bedd852e000001-400-300/inside-the-stationary-back-wall-the-resource-furniture-lollipop-bunk-bed-2000-folds-out-to-sleep-two-guests.jpg" alt="" />

<h3>And a set of privacy curtains extends to create two enclosed spaces. The curtains are made with recycled cotton fabric from Maxwell Supernatural.</h3>

<img src="http://static4.businessinsider.com/image/514b0c74eab8ead50400000b-400-300/and-a-set-of-privacy-curtains-extends-to-create-two-enclosed-spaces-the-curtains-are-made-with-recycled-cotton-fabric-from-maxwell-supernatural.jpg" alt="" />

Cost: Check the Maxwell Fabrics website for fabric styles and pricing information.

<h3>The guest room also has a desk and drawers. </h3>

<img src="http://static5.businessinsider.com/image/514b0f6eecad04ba73000004-400-300/the-guest-room-also-has-a-desk-and-drawers.jpg" alt="" />

<h3>An adjustable stool and 27-inch Apple monitor attached to the wall helps turn the main room into a workspace.</h3>

<img src="http://static1.businessinsider.com/image/5149fb81eab8eaa070000001-400-300/an-adjustable-stool-and-27-inch-apple-monitor-attached-to-the-wall-helps-turn-the-main-room-into-a-workspace.jpg" alt="" />

<h3>Storage is hidden everywhere. In total, the apartment has 426 cubic feet of space to stow away extra stuff.</h3>

<img src="http://static1.businessinsider.com/image/514b096669bedd7925000002-400-300/storage-is-hidden-everywhere-in-total-the-apartment-has-426-cubic-feet-of-space-to-stow-away-extra-stuff.jpg" alt="" />

<h3>Here's a hidden coat closet tucked into a wall.</h3>

<img src="http://static4.businessinsider.com/image/5149ffc76bb3f72c5b000005-400-300/heres-a-hidden-coat-closet-tucked-into-a-wall.jpg" alt="" />

<h3>Nearby, a surfboard fits inside another storage space.</h3>

<img src="http://static6.businessinsider.com/image/514b0723eab8ea1278000007-400-300/nearby-a-surfboard-fits-inside-another-storage-space.jpg" alt="" />

<h3>This closet keeps the leaves and chairs for the dining table. The chairs are from Voxia.</h3>

<img src="http://static4.businessinsider.com/image/514a002a6bb3f7095d000004-400-300/this-closet-keeps-the-leaves-and-chairs-for-the-dining-table-the-chairs-are-from-voxia.jpg" alt="" />

<h3>There's plenty of room for Hill's bike, which was designed by Hill and Schindelhauer Bicycles. It can be adjusted to store at just 6 inches wide.</h3>

<img src="http://static1.businessinsider.com/image/514b08d36bb3f7b55a000001-400-300/theres-plenty-of-room-for-hills-bike-which-was-designed-by-hill-and-schindelhauer-bicycles-it-can-be-adjusted-to-store-at-just-6-inches-wide.jpg" alt="" />

<h3>Here's the view outside, along with the outdoor solar panels, installed near the apartment's windows. The solar charger powers a Pendant lamp in the living area.</h3>

<img src="http://static5.businessinsider.com/image/514b142e6bb3f7996c000027-400-300/heres-the-view-outside-along-with-the-outdoor-solar-panels-installed-near-the-apartments-windows-the-solar-charger-powers-a-pendant-lamp-in-the-living-area.jpg" alt="" />

<h3>The apartment has a tilt/turn window from Thermoscape for easy fire escape access. The other apartment windows are Serious 725 double-hungs.</h3>

<img src="http://static6.businessinsider.com/image/514b0f18ecad04b36f000010-400-300/the-apartment-has-a-tiltturn-window-from-thermoscape-for-easy-fire-escape-access-the-other-apartment-windows-are-serious-725-double-hungs.jpg" alt="" />

Cost: Prices vary based on the size of the window frame.

<h3>The room also has shades from Mechoshade. They create a near-blackout atmosphere when fully drawn.</h3>

<img src="http://static1.businessinsider.com/image/514b11abecad040a76000023-400-300/the-room-also-has-shades-from-mechoshade-they-create-a-near-blackout-atmosphere-when-fully-drawn.jpg" alt="" />

<h3>There's no TV, but Hill entertains with a A Da-Lite projection screen.</h3>

<img src="http://static2.businessinsider.com/image/514b147869bedd554300000d-400-300/theres-no-tv-but-hill-entertains-with-a-a-da-lite-projection-screen.jpg" alt="" />

<h3>Here's a view with the privacy curtains drawn, turning the room into an entertainment center.</h3>

<img src="http://static4.businessinsider.com/image/514b1505ecad04027b00001d-400-300/heres-a-view-with-the-privacy-curtains-drawn-turning-the-room-into-an-entertainment-center.jpg" alt="" />

<h3>And to wrap up the tour, let's make our way through the front door.</h3>

<img src="http://static3.businessinsider.com/image/514b126aeab8ea0813000011-400-300/and-to-wrap-up-the-tour-lets-make-our-way-through-the-front-door.jpg" alt="" />

<h3>Interested in a small space of your own?</h3>

<img src="http://static1.businessinsider.com/image/5317707cecad04533a39bd8a-400-300/interested-in-a-small-space-of-your-own.jpg" alt="" />

<h2>23 Ridiculously Tiny Homes For Sale Right Now ></h2>

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