RENTED JUN 3, 2025

Estimated Value: $619,000 - $668,000

Studio
1 Bath
500 Sq Ft
1961 Built

Last Sold July 08, 2020

Last sale price $585,000 $1,170 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,818/month

Highlights

  • City View
  • Elevator
  • High-Rise Condominium
  • River School (The) Rated A
  • Garage
  • 4-minute walk to Vincent F Albano Jr Playground

About This Home

As of June 2025

Welcome Home to this breathtaking ALCOVE studio in the heart of Kips Bay!

This enormous pin drop quiet studio is exactly what you have been waiting for. From the expansive wall to wall windows flooding the unit with beautiful sunlight, to the custom cabinetry and abundant closets.

Every detail of this renovation was crafted to enhance functionality and design. The unit features a completely separate gourmet kitchen with a dishwasher and full size stainless steel appliances. The living space features gleaming brand new hardwood floors throughout and fits any size furniture, the entire studio was renovated last year including kitchen and bathroom. There is also 2 large closets near the entry way. The dressing area has an additional storage on both sides. The bathroom features a rainfall shower head and a deep soaking tub.

Very quick approval. No dogs, no cats.

Kips Bay Towers features 3 acres of private outdoor space, which includes children playground, basketball court, 24 hour doorman, plenty of elevators, huge laundry room equipped with Hercules card system, gym with brand new equipments, bike room, a community room, bike room and an attended package room.

Last Agent to Rent the Property

Beatriz Moitinho

Serhant License #10401277102 Listed on: 05/29/2025

Serhant

Co-Listed By

Matthew McCarty

Serhant License #10401374122

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1961

Parking

  • Garage

Home Design

  • Entry on the 21st floor

Interior Spaces

  • 1 Full Bathroom
  • 500 Sq Ft Home

Utilities

  • No Cooling

Listing and Financial Details

  • Property Available on 5/27/25
  • Legal Lot and Block 0016 / 01824

Community Details

Overview

  • 538 Units
  • High-Rise Condominium
  • Kips Bay Towers 33 Condos
  • Kips Bay Subdivision
  • 21-Story Property

Amenities

  • Elevator

Condo Details

Home Type

Condominium

Year Built

Built in 1961

Lot Details

0

Rental Info

  • Land Lease: No
  • Furnished: Unfurnished
  • Available Date: 2025-05-27

Listing Details

  • Property SubType: Apartment
  • Property Type: Residential Lease
  • Neighborhood: Kips Bay
  • Entry Level: 21
  • Structure Type: High Rise
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 21

Interior Features

  • Fireplace: No
  • Living Area: 500.0
  • Living Area Units: Square Feet
  • Basement: No
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1

Exterior Features

  • View: City, Panoramic
  • View: Yes
  • Exterior Features: None, Private Outdoor Space Under 60 Sqft
  • Patio/Porch Features: None

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Building Other
  • Green Building Features: Elevator(s)
  • Cooling: Other
  • Cooling: No

Condo/Co-op/Association

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

Building Info

  • New Construction: No
  • Building Name: KIPS BAY TOWERS 33
  • Units: 538
  • Total Stories: 21
  • Year Built: 1961

Tax Info

  • Tax Block: 01824
  • Tax Lot: 0016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2020
Closed on
Jul 8, 2020
Sold by
Blau Sheldon P
Bought by
Guo Michael Zheng and Liu Lisa Yu
Seller's Agent
Beatriz Moitinho
Serhant
Sold Price
$2,695
Current Estimated Value
$634,650

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$631,955
Avg. Annual Appreciation
1.48%

Purchase Details

Closed on
May 2, 2007
Sold by
Blau Sheldon P
Bought by
Blau Sheldon P and Blau Steven
Source: Public Records

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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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Guo Michael Zheng $585,000 --
Blau Sheldon P -- --
Blau Sheldon P -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/03/2025 06/03/25 Rented $3,600 0.0% --
05/31/2025 05/31/25 Under Contract -- -- --
05/29/2025 05/29/25 For Rent $3,600 +5.9% --
05/15/2024 05/15/24 Rented $3,400 0.0% --
05/06/2024 05/06/24 For Rent $3,400 0.0% --
05/05/2024 05/05/24 Under Contract -- -- --
05/08/2023 05/08/23 Rented $3,400 -1.4% --
05/05/2023 05/05/23 Under Contract -- -- --
04/19/2023 04/19/23 For Rent $3,450 +28.0% --
04/20/2022 04/20/22 Off Market $2,695 -- --
07/29/2020 07/29/20 Rented $2,695 0.0% --
07/14/2020 07/14/20 For Rent $2,695 -99.5% --
07/14/2020 07/14/20 Rented -- -- --
07/08/2020 07/08/20 Sold $585,000 0.0% $1,170 / Sq Ft View Prior Sale
04/29/2020 04/29/20 Pending -- -- --
03/10/2020 03/10/20 For Sale $585,000 -- $1,170 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History

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
2025 $6,274 $51,004 $9,809 $41,195
2024 $6,274 $50,186 $9,810 $40,376
2023 $6,108 $49,793 $9,810 $39,983
2022 $5,904 $50,484 $9,810 $40,674
2021 $5,654 $46,090 $9,810 $36,280
2020 $4,631 $51,049 $9,810 $41,239
2019 $4,377 $49,901 $9,810 $40,091
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS20027219

Real Estate Board of New York (REBNY)

APN: 0936-4274