Market Notebook · Kips Bay
What Came to Market in Kips Bay This Week
4 new sale listings reached the Kips Bay market this week.
None of these are my listings. I track new inventory across Kips Bay every week because the first read on a building, how a unit prices against its own past sales, is the part a search portal will not assemble for you.
Below the Benchmark
2 arrivals priced below the neighborhood median.
229 E 28TH Street #4M, a 1-bedroom co-op, asks $485,000. It is among the more affordable 1-bedroom co-ops to list this week. The last 1-bedroom to close in the building, #6-M, sold for $450,000.
305 E 24TH Street #18K, a 1-bedroom, is listed at $465,000. The ask comes in at the lower end of the 1-bedroom co-op range. In the same building, #5F last traded at $850,000.
Where Size and Light Set the Price
2 listings priced above the median, where square footage, floor, or exposure account for the number.
330 E 33rd Street #9M, a 3-bedroom condo with a fitness room, asks $1,695,000. At 1,600 square feet, it is one of the larger 3-bedroom layouts on the market this week.
165 LEXINGTON Avenue #2B, a studio in a doorman building, is listed at $795,000. The 432-square-foot floor plan runs generous for a studio condo. In the same building, #2-B last traded at $775,000.
Have questions about a listing in Kips Bay?
Milton Coste, Licensed Real Estate Associate Broker at Keller Williams NYC, has worked across all five boroughs for 25+ years.
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