NOT LISTED FOR SALE

Estimated Value: $767,000 - $841,424

1 Bed
1 Bath
756 Sq Ft
1962 Built

Sale Details

Date Sold: October 10, 2025

Last sale price $827,500 $1,095 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $6,090 / mo

31 Days on Market

Highlights

  • Wood Flooring
  • Cooling System Mounted In Outer Wall Opening
  • Garage
  • Elevator
  • Baseboard Heating
  • Laundry Facilities

About This Home

As of October 2025

Sponsor sale.
No board approval or application required. Create your dream extra large one bedroom home or the perfect investment property at I.M. Pei’s Kips Bay Towers condominium. Amazing open views overlooking the condo’s lush three acre private garden. The coveted views face away from any streets making the apartment pin drop quiet. This home features wall-to-wall and floor-to-ceiling windows to soak in the views and light all day, an expansive living/dining room, a king-size bedroom, plus plenty of closet space. Amazingly low common charges and taxes! 17.5% reduction in taxes as primary residence. There is currently an ongoing capital assessment of $256 per month. Kips Bay Towers is a full service condominium with many amenities including 24-hour concierge and doorman, live-in resident manager, live-in super, full staff of handymen and porters, on-site management office, newly renovated lobby, state of the art fitness center, bike room, storage and trunk rooms, community room, laundry room, on site valet with dry cleaning and housekeeping services, attached underground 24-hour parking, and of course the magnificent 3+ acre private garden for residents (the largest in Manhattan!). The one of a kind garden is like having your own backyard. It features a landscaped lawn, areas for picnicking, lounging, herb garden, sports, ping pong tables, playground, and full-size basketball and pickleball courts. Conveniently located steps to Fairway, Trader Joes, Target, restaurants and shops, 6 train just three blocks west, M15 across the street, East River ferry, and two Citibike stations just outside.

Last Agent to Sell the Property

Jason Lee

Compass License #10401216147 Listed on: 07/25/2025

Compass

Last Buyer's Agent

Jason Lee

Compass License #10401216147 Listed on: 07/25/2025

Compass

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,388

Year Built

  • Built in 1962

Lot Details

  • North Facing Home

HOA Fees

  • $739 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Entry on the 16th floor
  • Mixed Use

Interior Spaces

  • 756 Sq Ft Home
  • Wood Flooring

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating

Listing and Financial Details

  • Legal Lot and Block 1197 / 00936

Community Details

Overview

  • 1,120 Units
  • High-Rise Community
  • Kips Bay Subdivision
  • 21-Story Property

Amenities

  • Laundry Facilities
  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,388

Year Built

Built in 1962

Lot Details

0 Sq Ft Lot

HOA Fees

$739 per month

Listing Details

  • Exposures: North
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Kips Bay
  • Entry Level: 16
  • Structure Type: High Rise, Mixed Use
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 21

Interior Features

  • Fireplace: No
  • Flooring: Hardwood
  • Living Area: 756.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1
  • Bedrooms: 1

Exterior Features

  • View: No

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Parking Features: Garage

Utilities

  • Laundry Features: Common On Floor, Common Area
  • Green Building Features: Elevator(s)
  • Cooling: Other, Wall Unit(s)
  • Cooling: Yes
  • Heating: Baseboard
  • Heating: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 739.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Dimensions: 672.830000x611.250000

Building Info

  • New Construction: No
  • Units: 1120
  • Total Stories: 21
  • Year Built: 1962

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Block: 00936
  • Tax Lot: 1197
  • Tax Annual: 11388.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2025
Closed on
Oct 10, 2025
Sold by
Bought by
Seller's Agent
Jason Lee
Compass
Buyer's Agent
Jason Lee
Compass
List Price
$849,000
Sold Price
$827,500
Premium/Discount to List
-$21,500
-2.53%
Views
18
Current Estimated Value
$799,356

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$28,144
Avg. Annual Appreciation
-4.04%

Purchase Details

Closed on
Feb 17, 2022
Sold by
Bought by

Purchase Details

Closed on
Jan 8, 2018
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Kips Bay, NY

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$827,500 --
$19,350,000 --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $445,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/10/2025 10/10/25 Sold $827,500 -2.5% $1,095 / Sq Ft
08/25/2025 08/25/25 Pending -- -- --
07/25/2025 07/25/25 For Sale $849,000 -- $1,123 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $11,393 $94,381 $17,529 $76,852
2025 $11,212 $91,145 $17,529 $73,616
2024 $11,212 $89,683 $17,529 $72,154
2023 $10,915 $88,980 $17,530 $71,450
2022 $10,551 $90,214 $17,530 $72,684
2021 $10,103 $82,362 $17,530 $64,832
2020 $8,342 $91,223 $17,530 $73,693
2019 $7,956 $89,172 $17,530 $71,642
2018 $9,152 $78,229 $17,530 $60,699
2017 $8,924 $83,052 $17,531 $65,521
2016 $8,515 $68,637 $17,530 $51,107
2015 $5,662 $64,351 $17,530 $46,821
2014 $5,662 $64,250 $17,530 $46,720
Source: Public Records

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS20039052

Real Estate Board of New York (REBNY)

APN: 0936-1197

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