Milton Coste

Licensed Real Estate Associate Broker

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

$765,000

$1,649 per sq ft

501 3rd Avenue #3C

Kips Bay, Manhattan

Eastlight

MLS® #RLS20079154

RLS at REBNY

Listing by Compass

Studio

1

Bath

464

Sq. Ft.

2021

Year Built

Quick Summary

Bedrooms Studio
Bathrooms 1
Living Area 464 sq ft
Year Built 2021
Ownership Condo
HOA/Common Charges $835/mo
Property Taxes $10,200/yr
Neighborhood Kips Bay
Floor 3 of 34

Property Highlights

  • Location: Kips Bay, Manhattan
  • Property Type: Condo
  • Built: 2021

Property Details

Type Condo
Ownership Condominium
Baths 1 Full
Floor 3 of 34
Pets Yes, CatsOk, DogsOk
Year Built 2021
Living Area 464 sq ft
Structure Type HighRise,HotelMotel
Furnished Unfurnished
Parcel # 0914-1004
Block/Lot 00914/1011

Listing History

Event Date Price Change
Listed Mar 24, 2026 $790,000 -
Price Reduced Apr 15, 2026 $785,000 -0.6%
Currently May 9, 2026 $765,000 -2.5%

Description

Best priced studio apartment at 501 3rd Ave! This charming and efficiently designed condo offers 464 square feet of modern living space with all the conveniences you could ask for in the heart of the city. Thoughtfully laid out, this studio-style residence features a functional layout that maximizes space and comfort. Enjoy the seamless flow of this home, with easy access to the building's outstanding amenities. Stay fit in the fully equipped gym, unwind in the common media/recreation room, or take advantage of the bike room and additional storage available. The concierge service ensures a worry-free lifestyle, while the in-building laundry adds to your day-to-day convenience. The elevator provides effortless access to your home in this well-maintained building, making every detail of your city living experience effortless. Located in an ever-bustling area, this condo is the perfect opportunity to immerse yourself in all that Manhattan has to offer. With its desirable package of features, services, and amenities, this property is not to be missed. Schedule your viewing today to experience this exceptional home for yourself!

Features & Amenities

Interior Features

Common On Floor Common Area

Building Amenities

Elevators

Building Information

Building Eastlight
Building Data View Compliance & Permits
Total Units 144
Stories 34
Structure HighRise,HotelMotel

Financial Details

Common Charges $835/mo
RE Taxes $10,200/yr ($850/mo)
Original Price $790,000
Previous Price $785,000

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

130

Median Asking Price

$847K

Median $/Sqft

$1,450

Avg Days on Market

N/A

New This Week

6

Price Reduced

30%

Sold (30 Days)

21

Median Sale Price

$793K

Live data from RLS at REBNY • Updated 5/9/26, 12:59 AM EST

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Location

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501 3rd Avenue #3C, Kips Bay, New York County

Floor Plans

Floor Plan 1

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 $835 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $10,200, or roughly $850 per month. Verify the current assessment with your attorney before closing.

This property has 0 bedrooms and 1 full bathroom.

The listed interior living area is 464 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. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $765,000 for 464 sq ft, the asking price per square foot is approximately $1,649. 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: RLS20079154
First Listed: 3/24/2026
On Market: 3/24/2026
Price Changed: 4/15/2026
Contract Date: 3/8/2026

Listing Courtesy of Compass - Nikki Sun

Listing Contact: (718) 213-1808

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 5/9/2026 at 4:59 AM UTC

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