Kips Bay, named after a Dutchman from the 1600s who operated farmland in the area, is a rare neighborhood where Manhattanites embrace their proximity to the water. Many condo and co-op buildings have views of the East River and Brooklyn and Queens skylines, and a waterfront path offers exercise for walkers and cyclists. With slightly lower prices than neighboring Gramercy Park, and immediate access to NYU Langone medical center, Kips Bay is a sensible place to live. “The greatest thing about being here is that you’re obviously in Manhattan, but it’s a little quieter,” says Risa Morley, a Kips Bay resident who’s been selling real estate for 10 years. “We’re really central, but we’re tucked away.”
The river view from Kips Bay are one of a kind.
Row houses/apartments are common in Kips Bay.
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Co-ops under $700,000 with East River view upgrades
Many prewar low-rises and several townhouses remain on the tree-lined side streets of Kips Bay. In the 1960s and ‘70s, high-rise development added substantial housing to the avenues – such as the Kips Bay Towers, designed by I.M. Pei. The Hendrix House, a 12-story condo tower at 25th Street and Second Avenue, will combine luxury amenities with a dedicated home office area inside every unit. Studio-sized co-ops in the neighborhood, often with extra alcoves, start at $500,000. One-bedrooms begin at $700,000, and large two-bedrooms go for $1.6 to $1.9 million. Condos range between $1 million and $4 million, and deliver views of the Midtown skyline or the East River.
Welcome to Kips Bay in New York City.
Kips Bay Towers is one of the popular housing options in Kips Bay.
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A low-key food scene with pizza, margaritas and knishes
“I’ve lived in Kips Bay for 24 years, and the restaurant choices have raised the bar so much here,” Morley says. Mexico Lindo has been turning out fajitas and margaritas since 1972, and 2nd Ave Deli is a local institution for kosher noshes. Vezzo makes authentic thin crust pizza, and Surreal Creamery is a favorite for over-the-top desserts. Dover Street Market is a destination for high-end clothing, and for groceries, there’s Trader Joe’s and Fairway Market. The AMC movie theater is also less crowded than the cineplexes one mile away in Union Square.
Vezzo in Kips Bay is known for its thin crust pizza.
2nd Avenue Deli is an eatery with deep roots in Kips Bay.
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Local subway and interborough ferries
The 6 train is the only subway that’s within walking distance from Kips Bay. A few buses service the area, and two ferry stops — at Stuyvesant Town Landing and 34th Street — take residents to Wall Street and over to Brooklyn and Queens. For $195, busy New Yorkers can helicopter from the 34th Street helipad to reach JFK or Newark airports in five minutes.
The ferry landing in Kips Bay provides service to all of New York City.
The 6 Train serves Kips Bay and the east side of Manhattan.
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Compact parks and miles of riverfront
St. Vartan Park packs a ton of amenities — including a baseball and football field — into a compact space. Bellevue South Park has more playgrounds and basketball courts, and the pocket-sized Vincent F. Albano, Jr. Playground gives kids another spot to run and climb. Madison Square Park, a 10-minute walk from the center of Kips Bay, has room to stroll, although it’s more convenient to walk or bike on the East River Greenway.
Madison Square Park is a 10-minute walk from Kips Bay.
Local residents of Kips Bay stay in shape all year at St Vartan's Park.
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Limited public schools and an outstanding IB program
Kips Bay has two public options for preschool through fifth grade: P.S. 116 Mary Lindley Murray and P.S. 281 The River School, both with A grades from Niche. The private United Nations International School offers an International Baccalaureate education for preschool through 12th grade, and Baruch and NYU’s dentistry school bring college students to the area.
Kips Bay's PS 116 offers a nurturing environment for future leaders.
Igniting young minds at The River School, Murray Hill.
GreatSchools:
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I love this neighborhood. Excellent affordability/ quality of life ratio. Area west to the 3rd avenue is very safe and full of nightlife and dining options. East to 2nd Ave is mostly hospitals snd NYU research centers, not that nice at night but still safe. Plenty of new developments along 23rd street and 3rd ave.
1.0Current Resident
12/13/2019Niche Review
Hospitals everywhere. Too much traffic and no good stores. No highly priced apartments. Too much of an urban feel . It honestly is bad!!!!!!!!!
5.0Current Resident
7/1/2020Niche Review
Kips Bay is a quiet and affordable neighborhood in Manhattan just east of the Flatiron Building. I've lived in my current apartment for 3 years and while the pandemic has definitely made the neighborhood a little rougher, it's still one of my favorite places in New York City. There are ample restaurants and bars to choose from, and it's convenient to a few different trains and busses.
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Crime and Safety
1 - Low Crime, 10 - High Crime
Kips Bay
US
Homicide
2
4
Sexual Assault
4
4
Assault with Weapon
3
4
Robbery
4
4
Burglary
3
4
Motor Vehicle Theft
1
4
Larceny
3
4
Crime Score
3
4
Source: WhatIsMyCrimeRisk.com
Kips Bay Demographics and Home Trends
On average, homes in Kips Bay, Manhattan sell after 104 days on the market compared to the national average of 52 days. The median sale price for homes in Kips Bay, Manhattan over the last 12 months is $920,000, up 32% from the median home sale price over the previous 12 months.
Residence 16G at The Chesapeake House is a spacious and elegantly updated one-bedroom with unobstructed views of the Empire State Building. The home opens into a bright and expansive living and dining area, accented by classic herringbone hardwood floors and oversized windows that frame the sweeping New York skyline. Just off the entry, a large walk-in closet provides exceptional
Step into this bright and airy loft apartment featuring soaring ceilings in the main living area in the sought-after Penny Lane Coop, nestled in the Gramercy Park neighborhood of Manhattan. The residence boasts a fully-equipped kitchen with a dishwasher. A generous foyer features a sizable closet and dining space. The living room, brightened by oversized windows, offers a Southern
This idyllic and gracious Studio is situated on a picturesque tree-lined street in a prime Gramercy Park location at the beautifully maintained 311 East 25th Street Cooperative. This building is perfect for investors as it allows unlimited subletting from day 1. The Apartment As you enter this versatile home, a gracious and long foyer featuring two large closets for all of your
Sunrise to Moonlight - Your Elevated Oasis Awaits Move right into this bright, high-floor, oversized alcove studio with sweeping open east city views. Bathed in natural light by day and glowing city lights by night, this beautifully renovated home is easily convertible to a junior one-bedroom. The sleek modern kitchen features Kraft maid custom cabinetry, quartz countertops, Converto
Renovated, move-in ready two-bedroom apartment nestled in the nexus of Gramercy Park, Flatiron and Kips Bay. This corner property has north and west exposures and is pin drop quiet. It has an amazing amount of windows-8 in all! The spacious living area is inviting and allows for comfortable living. The modern windowed kitchen has a breakfast bar, plenty of cabinet space, granite
The city unfolds in front of you in this sun-kissed one-bedroom, one-bathroom co-op featuring wide-open views, excellent closet space, and a sprawling open layout in a full-service Kips Bay building.The moment you arrive in this spacious home, you'll be swept away by the bright and airy ambiance underscored by tall ceilings, pale hardwood floors, and large windows facing east and south. A
Rent your way with new flexible lease terms from eight to twenty-four months, plus reduced security deposits (as low as $1,000) for qualified applicants.Rising tall above Manhattan's East Side, Kips Bay Court offers studio, 1, 2, 3, and 4-bedroom apartments perfectly situated for convenient living. Anytime day or night, this eight-building, pet-friendly, 24/7 concierge-attended community
Residence 6F at 303 East 33rd Street offers approximately 874 square feet of modern, corner living with bright, north and east exposures. It is a one bedroom plus den, which can also be used as a home office. The eco-friendly bamboo flooring throughout adds warmth while the bright white finishes sets a modern tone. It has an open kitchen with a large island and custom bamboo cabinets. State of
Feel at home wherever you choose to live with Blueground. You’ll love this spacious Kips Bay furnished one bedroom apartment with its modern decor, fully equipped kitchen, and comfortable living room with great high floor views. Ideally located, you’re close to all the best that New York has to offer! (ID #NYC60)The advertised rate of $5,080/month is the lowest available price, based on a
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Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
