$964,102Average Value$1,624Average Price per Sq Ft93Homes For Sale
A riverfront walkway and minutes from Midtown
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:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Hospitals everywhere. Too much traffic and no good stores. No highly priced apartments. Too much of an urban feel . It honestly is bad!!!!!!!!!
4.0Works here
9/21/2017Niche Review
Kips Bay is a fast-paced environment with loads of diversity. You can meet people from all over the world.Literally.
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.
Are you familiar with the Kips Bay neighborhood?
to let others know what life in this neighborhood is like.
Crime and Safety
1 - Low Crime, 10 - High Crime
Kips Bay
US
Homicide
5
4
Sexual Assault
4
4
Assault with Weapon
4
4
Robbery
3
4
Burglary
4
4
Motor Vehicle Theft
4
4
Larceny
2
4
Crime Score
2
4
Source: WhatIsMyCrimeRisk.com
Kips Bay Demographics and Home Trends
On average, homes in Kips Bay, Manhattan sell after 101 days on the market compared to the national average of 53 days. The median sale price for homes in Kips Bay, Manhattan over the last 12 months is $985,000, up 38% from the median home sale price over the previous 12 months.
Perfect Pied-à-Terre Sun-filled corner studio with sweeping south and west city views-ideal for watching the sunset. Thoughtfully redesigned and fully renovated, this residence features a windowed open kitchen with dining bar, a spa-like windowed bathroom with marble finishes, soaking tub, and premium fixtures, plus abundant storage. The living area is enhanced by French Oak
Andrew SaracinoBrown Harris Stevens Residential Sales LLC
Peaceful, Renovated Corner Studio with Chrysler Building Views This move-in-ready gem can easily convert to a junior one-bedroom. The wide galley kitchen features maple cabinetry, white quartz countertops, and full-size appliances. The spa-like windowed bathroom offers a soaking tub and modern fixtures. A dedicated dressing area includes a double-deep closet and additional storage
Andrew SaracinoBrown Harris Stevens Residential Sales LLC
COMING TO GRAMERCY 2026. Residence 17A at The Willow is a rare and inviting three bedroom home. Designed with understated elegance, exceptional flow and high ceilings, this corner residence offers south and west exposures and seamlessly blends indoor and outdoor living. A gracious foyer sets an elegant tone, leading to the thoughtful living and dining area. The windowed kitchen is intelligently
Perched on a high floor with rare, wide-open western views, this beautifully renovated alcove studio is a true standout — bathed in natural light all day and offering exceptional flexibility of space. The expansive layout includes a generous sleeping alcove that easily fits a queen-sized bed and can be enclosed to create a true Junior 1-bedroom. The open living area is framed by skyline views and
Where the Great Outdoors Meets the Great Indoors!Step into your own slice of paradise with this stunningly renovated Junior One Bedroom that opens up to a private 500 sq ft garden courtyard perfect for morning coffee, evening wine, or just soaking in the blue skies!Inside, you'll find a bright and airy layout with an open-concept kitchen featuring sleek stainless steel
Feel at home wherever you choose to live with Blueground. You’ll love this stylish Kips Bay furnished one bedroom apartment with its modern decor, fully equipped kitchen, and cozy living room. Ideally located, you’re close to all the best that New York has to offer! (ID #NYC1402)The advertised rate of $2,720/month is the lowest available price, based on a 1 month(s) and 29 day(s) stay
Large 1-bedroom unit with open wood floors in a walk-up building. The bedroom lets in lots of sunlight and fits a King-size bed! A large entry foyer with overhead storage space leads into your living room with morning light and eastern exposure. Well-maintained pre-war co-op building with a live-in super and a shared courtyard. Three separate closets and a full bathroom with a bathtub. Kitchen
Modern interiors often include renovated kitchens, stainless steel appliances, high ceilings, hardwood or parquet floors, and abundant natural light. Amenities include a 24-hour doorman, laundry facilities, bike storage, and a renovated residents’ lounge. Located in the heart of Kips Bay, it’s steps away from shops, restaurants, movie theatres, and transit—making for a lifestyle that blends
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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.
