Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
501 3RD Avenue #PHC
Interested in this property?
Active For Sale Condo

$2,795,000

$2,500 per sq ft

501 3RD Avenue #PHC

Kips Bay, Manhattan

Eastlight

MLS® #RLS20086252

RLS at REBNY

Listing by Douglas Elliman Real Estate

2

Bedrooms

2

Baths

1,118

Sq. Ft.

2021

Year Built

Quick Summary

Bedrooms 2
Bathrooms 2
Living Area 1,118 sq ft
Year Built 2021
Ownership Condo
HOA/Common Charges $2,137/mo
Property Taxes Contact for details
Neighborhood Kips Bay

Property Highlights

  • Views: City, River
  • Exposure: North,West facing
  • Climate Control: Central Air

Property Details

Type Condo
Ownership Condominium
Total Rooms 4
Baths 2 Full
View City, River
Exposure North,West
Cooling Central Air
Pets Yes
Year Built 2021
Living Area 1,118 sq ft
Structure Type HighRise
Basement Other
Block/Lot 00914/1144

Listing History

Event Date Price Change
Listed Apr 23, 2026 $2,795,000 -
Currently Apr 23, 2026 $2,795,000 -

Description

An Expansive Corner 2-Bedroom with a Sprawling Wrap-Around Terrace, 14-Foot Ceilings & Iconic City Views

This rare corner 2-bedroom residence is defined by dramatic 14-foot ceilings, exceptional volume, and an abundance of natural light, creating an elevated loft-like feel throughout. Framed by iconic city views, the home offers a striking visual backdrop from every angle, enhancing both everyday living and entertaining.

A true standout feature is the private wrap-around terrace, delivering seamless indoor-outdoor living with generous space for dining, lounging, and entertaining above the city skyline.

Residences Feature:

-Bosch in-residence washer and dryer

-7" white oak plank flooring

-Deluxe white marble kitchen countertops

-Premium Miele kitchen appliances

-Custom white oak kitchen cabinetry and under-cabinet lighting

-Bathrooms feature Cinderella Grey marble bathroom floors and Dream White marble walls

-Custom white oak vanity with brushed nickel pulls and accents

-Sixty-inch soaking tub by Kohler and custom glass-enclosed stall shower

Amenities Include:

-Luxuriously landscaped rooftop terrace

-State-of-the-art fitness center with a yoga room on the 34th floor

-Top floor resident's lounge with a kitchen, billiards room, surround sound, TV area, wifi and multiple seating areas

-Full-time doorman and onsite resident manager

-Bike Room

-Laundry Room

Location:

-Moments from NYU Campus and Shuttle

-Centrally located just south of Midtown Manhattan

-2 Blocks from Trader Joes

-2 Blocks from the 6 train

-Surrounded by top restaurants and eateries

-Easy Access to Airports

The complete offering terms are in an offering plan available from Sponsor. File No. CD20-0130. Sponsor: COA 200 E 34th LLC. Sponsor: COA 200 E 34th LLC, c/o China Overseas America, Inc., 1500 Broadway, Suite 2301, New York, New York 10036. Equal housing opportunity.

Features & Amenities

Interior Features

Building Other In Unit

Exterior Features

Private Outdoor Space Over60 Sqft

Building Amenities

Elevators

Building Information

Building Eastlight
Total Units 144
Stories 34
Structure HighRise

Financial Details

Common Charges $2,137/mo
RE Taxes Contact for details

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 East River Esplanade, a variety of local dining options, and easy access to the city's major medical centers and Midtown business hubs.

Kips Bay Live Market Data

View Neighborhood

Active Listings

134

Median Asking Price

$855K

Median $/Sqft

$1,478

Avg Days on Market

N/A

New This Week

14

Price Reduced

28%

Sold (30 Days)

18

Median Sale Price

$819K

Live data from RLS at REBNY • Updated 4/23/26, 12:13 PM EST

Similar Listings in Kips Bay

View All

Location

Loading map...

501 3RD Avenue #PHC, Kips Bay, New York County

Floor Plans

Floor Plan

Building Information

Official NYC property records for this building

2020
Year Built
6 years old
31
Floors
144
Residential Units
C1-9
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $21,511,497
Land Value: $2,718,002
Exemptions: $0

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 5,604 SF
Building Area: 105,251 SF
Built FAR: 18.78
Allowed FAR: 10

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed common charges are $2,137 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 2 bedrooms and 2 full bathrooms.

The listed interior living area is 1,118 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 2021, making it approximately 5 years old.

This listing is a condominium. Buyers receive a deed to their individual unit and own their space outright, subject to condo association rules.

Pets are permitted at this property: -,Building Pets Allowed Comments:-. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $2,795,000 for 1,118 sq ft, the asking price per square foot is approximately $2,500. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or [email protected]. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS20086252
First Listed: 4/23/2026
On Market: 4/23/2026
Price Changed: 4/23/2026
Contract Date: 4/23/2026

Listing Courtesy of Douglas Elliman Real Estate - McKenzie Ryan

Listing Contact: (917) 858-1828

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.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 4/23/2026 at 4:13 PM UTC

Buying a Condo? Start Here

Co-op vs. Condo: Which Is Right for You?

Ownership structure, board approval, financing: the full comparison.

Read article

Condo Due Diligence Checklist

What to review before signing: financials, reserve fund, offering plan.

Read article

How to Read a Condo Offering Plan

Decode the offering plan before you commit to any new development.

Read article

NYC Mansion Tax: 2026 Guide

How the tiered mansion tax works for purchases over $1M.

Read article

Interested in this property?

Get a response within 2 hours

Your info is secure and never shared.

Call Text Email