Manhattan · New York, NY
127 active listings
Calculating market narrative...
Kips Bay is a relaxed and highly convenient residential neighborhood located on the East Side of Manhattan. Known for its mix of mid-century high-rises and historic brick townhouses, it offers a more approachable price point than its neighbors to the north and south. Residents enjoy proximity to the...
In my 25+ years selling real estate across New York City, I use this Kips Bay data in real negotiations, not just for a web page.
Stations: Grand Central-42 St (0.69 mi), 34 St-Herald Sq (0.74 mi)
Midtown: 18 min (4 express from Grand Central-42 St)
| School | Grades | Dist |
|---|---|---|
| East Side Community High School | 9-12 | 0.99 mi |
Live data from REBNY/RLS. Updated every 15 minutes.
Median closed sale price by month
Kips Bay sellers benefit from strong investor and owner-occupant demand, driven by value pricing and Midtown proximity. The neighborhood's accessibility and transit options keep it competitive for steady turnover.
Built on your building's comparable sales, not a portal estimate.
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Kips Bay has 127 active listings for sale on the RLS/REBNY feed.
| Inventory & Activity | |
| Active Listings | 127 |
| Pending Sales | 71 |
| New This Week | 4 |
| New This Month | 20 |
| Avg DOM | -- |
| Price Cut Rate | -- |
| Recent Sales | |
| Sold Last 30 Days | 14 |
| Sold Last 90 Days | 56 |
| Sale-to-List | -- |
| Asking Prices | |
| Median Asking | -- |
| Average Asking | $1,305,688 |
| Median $/SqFt | $1,365 |
| Median Condo Ask | -- |
| Median Co-op Ask | -- |
Based on active listings in Kips Bay
| Type | Active Listings | Median Price | Price Range |
|---|---|---|---|
| Studio | 30 | $515,000 | $325K - $799K |
| 1 Bedroom | 51 | $725,000 | $359K - $1.65M |
| 2 Bedrooms | 35 | $1,975,000 | $479K - $2.82M |
| 3+ Bedrooms | 11 | $3,750,000 | $1.50M - $8.50M |
View active listings by size:
Properties in Kips Bay
REBNY/RLS Disclaimer: Listing data is derived in whole or in part from the RLS at REBNY (Real Estate Board of New York) Internet Data Exchange (IDX) database. Real estate listings held by brokerage firms other than Milton Coste | Keller Williams NYC are marked with the RLS logo. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is refreshed every 15 minutes per REBNY IDX requirements.
Experience across NYC
NYC transactions
Active in Manhattan
Milton Coste is a Licensed Real Estate Associate Broker with Keller Williams NYC. His work covers all five boroughs, with deep experience in co-op boards, condo offerings, townhouse sales, and rental transactions. For Kips Bay buyers and sellers, that track record means a broker who has negotiated every type of deal this market produces.
Milton helped me purchase my first Manhattan condo, and I can't recommend him highly enough. What could have been a stressful process ended up feeling remarkably smooth. From the initial offer through closing, Milton was responsive, knowledgeable, and always willing to take the time to answer questions and explain the details. I always felt informed and supported, but never pressured. If you're looking for a broker who is knowledgeable, trustworthy, responsive, and genuinely invested in helping his clients succeed, I would absolutely recommend Milton.
Milton was extremely helpful in finding my dream place. He was quick, friendly, and extremely responsive. He made the process so easy for me that it really took a weight off my shoulders. He took his time to work with my schedule and make sure I felt comfortable in my new place. I am really thankful. Highly recommend.
Quarterly report
Manhattan Market Report, 3Q 2026
$1,275,000 median sale price. Download the full report
On a $1M NYC purchase: co-ops run $20K-$30K, condos $38K-$42K, new dev $60K+. See every fee, who pays, and 5 ways to cut your bill.
Co-ops make up nearly 70% of NYC housing stock but require board approval. Condos cost more but offer flexibility. Here's how to decide.
Pre-approval gives you a 20-30% edge in NYC bidding wars. Here's what lenders need and how to set your budget ceiling.
Roughly 1 in 8 co-op board applications gets rejected. Here's how to prepare your package and ace the interview.
Sale listings that came on the market in the last 7 days.
501 3RD Avenue #32C
Kips Bay
A 1,118 sq ft condo in Kips Bay.
200 E 27th Street #14A
Kips Bay
Priced in line with the neighborhood studio co-op median of $515,000.
216 E 32nd Street
Kips Bay
A 2,736 sq ft home in Kips Bay.
245 E 25TH Street #9C
Kips Bay
Among the lower-priced 2-bedroom co-ops currently listed in the neighborhood.
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Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Kips Bay has 127 active listings for sale on the RLS/REBNY feed right now. Of those that list a bedroom count: 30 studios, 51 one-bedrooms, 35 two-bedrooms and 11 with three or more bedrooms.
Across the 35 two-bedroom apartments listed for sale in Kips Bay, the median asking price is $1,975,000, with asking prices from $479,000 to $2,820,000. These are RLS/REBNY asking prices, not closing prices.
Within walking or short-transit distance of Kips Bay, median sale prices range across Flatiron at $1.7M, Midtown East at $975K, Gramercy Park at $805K, Stuyvesant Town/PCV at $600K. Each has different building stock, co-op vs condo mix, and transit access, so the right comparison depends on the buyer's priorities.
Kips Bay is served by the 4, 5, 6, 7, B, D, F, M, N, Q, R, S, W trains. The commute to Midtown Manhattan runs roughly 18 minutes from Grand Central-42 St.
Milton Coste is a Licensed Real Estate Associate Broker with Keller Williams New York City. He has 25+ years of experience and 1,100+ NYC property transactions across all five boroughs, with deep transaction history in co-op board packages, condo offerings, townhouse sales, and rentals, and he works in English and Spanish. Direct: (917) 416-7433. Email: [email protected].
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Licensed Real Estate Associate Broker
Keller Williams NYC · NY #10301213304
25+ years of experience and 1,100+ transactions across NYC. Whether you are buying, selling, or leasing in Kips Bay, I will guide you every step of the way.
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