Kips Bay Towers (333 East 30th Street)
333 East 30th Street, New York, NY 10016
Kips Bay
BBL 1009367501 · BIN 1083120
- Year built
- 1960
- Type
- Condominium
- Units
- 1
- Floors
- 20
- Landmark
- No
- Pets
- No dogs (service and support animals excepted); confirm current house rules at offer stage
- Subletting
- Permitted under the condominium declaration
- Pied-à-terre
- Allowed
Every recorded sale at this building, 2003–2026
Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.
- Median $/sf (floor-adjusted)
- $1,207
- Listing discount
- 1.2%
- Recorded sales
- 660
- On record
- 2003–2026
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at Kips Bay Towers would likely sell for today, what it costs to sell, and what you’d walk away with — reviewed personally against condition, exposures, renovation quality, and the competition actually on the market.
Kips Bay Towers is one of the most architecturally significant postwar residential buildings in Manhattan. When William Zeckendorf's Webb & Knapp took over the stalled NYU-Bellevue Title I urban-renewal site in 1957, they assigned the design to I.M. Pei — for whom this became his first large-scale housing project and his first exploration of the exposed, structurally expressive reinforced concrete that would define his signature. Pei reduced the built form to two matched 410-foot slabs set on the north and south edges of a full superblock, freeing the interior for open green space in a European planning idiom that was radical for New York in 1960.
The design's most recognizable feature is the deep concrete grid itself: large, near floor-to-ceiling picture windows with rounded interior reveals, recessed far enough into the structure to read as sheltered loggias. That recessing was not only aesthetic — it allowed the windows to qualify as balconies, which made the project eligible for the FHA subsidies that underwrote its economics. The result is a building that photographs as pure modernist sculpture and lives as unusually light-filled apartments.
Kips Bay was converted from rental to condominium in 1981 under a non-eviction plan. It is one of the earliest and largest of the era's conversions, and today it trades as a full-service condominium — with the flexibility of pied-à-terre, investor, and sublet ownership that condominium structure allows — wrapped around one of the largest private landscaped landscapes in the neighborhood.
Building operations
Kips Bay Towers operates as a full-service condominium with 24-hour doorman and concierge coverage, a live-in resident manager, a fitness center, a community/party room, an on-site parking garage, private storage, a bike room, and laundry. The private gardens and recreation facilities are maintained for residents.
A note on house rules: the building has historically maintained a no-dog policy (with the customary exceptions for service and support animals), which is unusual for a Manhattan condominium and material for buyers relocating with pets. Confirm the current pet policy and any sublet application procedure with the managing agent during due diligence.
Architecture and the superblock
The complex occupies roughly 7.5 acres bounded by First and Second Avenues and East 30th and East 33rd Streets. Pei's decision to build two slender slabs rather than fill the site left approximately three acres open as a private, resident-only garden between the towers — open lawns, seasonal plantings, strolling paths, and mature London plane trees, along with a playground, a basketball court, and a sports field. In a district built out at high density, that expanse of private green is the building's defining amenity and a genuine rarity.
The two towers — the South tower at 333 East 30th Street and the North tower at 330 East 33rd Street — are a matched pair in the same exposed-concrete vocabulary and share the grounds and amenities as one complex. Apartments were laid out on a disciplined structural module; the picture windows and the concrete grid give even modest studios and one-bedrooms a distinctive architectural presence and excellent light.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $165,503/yr
- Per unit / month range
- $0 – $12
- Modeled exposure split equally across 1,117 units (the city tax-lot count). Not an assessed amount; co-op shareholders are typically charged by share allocation.
Source: NYC LL84 benchmarking and PLUTO · The Roebling Research Library. City record last verified September 2026.
See full Local Law 97 analysis — emissions history, scenarios, methodology →Facade safety — Local Law 11
The latest available FISP filing classified the facade as Safe — no repairs were required at that inspection. Facade inspections run on a fixed five-year cycle; future inspection, repair, and any assessment decisions remain building-specific.
How to read this, and where it comes from
QEWI = Qualified Exterior Wall Inspector — the licensed engineer the city requires to sign the report (the independent expert, not the managing agent).
Penalties shown are amounts DOB assessed against filings on record across 2005–10 to 2020–25. The FISP dataset does not record whether they were paid, contested or remain open, so treat the figure as history rather than a current balance and confirm the building’s standing with the managing agent.
Source: NYC DOB facade filings (FISP) · The Roebling Research Library. City record last verified September 2026.
Recent sales
Kips Bay Towers trades as one of the more accessible entry points into architecturally significant, full-service condominium living in lower Midtown. Studios and one-bedrooms form the bulk of inventory, and larger two- and three-bedroom combinations trade less frequently. Because the condominium permits pied-à-terre, sublet, and investor ownership, the building draws a broad buyer pool — primary residents, downsizers drawn to the grounds and light, and investors — which supports liquidity across cycles.
Recent closings at this building, from The Roebling Research Library. Prices are the transfer amounts recorded with the NYC Department of Finance; apartment-level detail is checked against the building’s own file in The Roebling Research Library before publishing.
| Date | Unit | Apartment | Price | PPSF | vs. Ask |
|---|---|---|---|---|---|
| Aug 13, 2026 | 5M | 1,321 sf | $2,250,000 | $1,703/sf | off-mkt |
| Aug 6, 2026 | 21J | 2 BR · 2 BA · 1,155 sf | $1,525,000 | $1,320/sf | -1.6% |
| Jul 31, 2026 | 14G | 1 BA · 485 sf | $700,000 | $1,443/sf | +0.0% |
| Jul 8, 2026 | 4P | 1 BR · 1 BA · 737 sf | $899,500 | $1,220/sf | -2.8% |
| Jun 30, 2026 | 14P | 1 BR · 1 BA · 743 sf | $845,000 | $1,137/sf | -6.0% |
| Jun 30, 2026 | 14G | 1 BA · 487 sf | $665,000 | $1,366/sf | +0.0% |
| Jun 22, 2026 | 21G | 1 BA · 483 sf | $675,000 | $1,398/sf | -3.6% |
| Jun 15, 2026 | 12K | 1 BR · 1 BA · 763 sf | $890,000 | $1,166/sf | -1.0% |
Market read. Most recent trades (2026) cleared a median $1,207/sf (floor-adjusted) across 18 sales. Floor-adjusted means each sale is restated to a constant mix of floors, so the figure can differ from the plain median of the sales listed above. Median listing discount 1.2% from the last ask — a recurring negotiation gap worth pricing into any offer or listing strategy.
Full closing history with price-per-square-foot over time, the complete retrade record, and every line that has traded.
Sales sourced from NYC Department of Finance recorded transfers (BBL 1-00936-7501). Apartment-level facts (line, condition, asking-price context) curated and cross-verified in The Roebling Research Library. Not all transactions cross-verify with ACRIS records — sponsor and LLC purchases sometimes record at stipulated values rather than market price; square footage from recorded condo declarations and offering plans.
At the recent median sale of $828K (53 sales since 2024), a buyer putting 25% down would pay about $31,303 to close, or 3.8% of the price.
- Mansion tax: $0
- Mortgage recording tax: $11,947
- Title insurance: $3,724
- Attorneys, lender, building fees, reserves and filings: $15,632
Assumes a resale (the seller pays transfer taxes), a $4,500 attorney fee and a mortgage on the rest.
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What to know if you’re buying
The architecture is the product. This is an I.M. Pei modernist landmark, not a generic postwar tower. Buyers who value the light, the concrete grid, and the private gardens find Kips Bay distinctive; view apartments in person to understand the exposure and the reveal-deep windows.
Confirm the pet policy. The building has historically restricted dogs. If you are relocating with a dog, verify the current house rules before you commit.
Condominium flexibility is real. Pied-à-terre, investment use, and subletting are permitted under the declaration, and closings run on condominium timelines. Confirm any sublet application procedure with the managing agent.
Garden versus avenue matters. Interior garden exposures are quieter and greener; avenue exposures carry more light and more street activity. The premium and the trade-offs are real — decide which you value.
Model the full carry. Run common charges, property taxes, utilities, and any parking or amenity fees together to understand the true monthly cost. Use the calculators below.
What to know if you’re selling
Lead with the architecture and the grounds. The Pei pedigree, the floor-to-ceiling picture windows, and the private three-acre garden are the building's differentiators. Marketing that treats it as generic postwar inventory leaves value on the table.
Condition and exposure drive price. Renovated, well-exposed apartments clear well; dated units and challenged exposures require sharper pricing and patience.
Pricing requires apartment-level context. With more than a thousand apartments and steady turnover, comps are plentiful but heterogeneous — floor, line, exposure, and renovation state all move the number.
Closing timelines are condo-fast. 30–45 days from contract to closing is typical.
Comparable buildings
If you're considering Kips Bay Towers, also evaluate:
- The Corinthian (330 East 38th Street) — 1988 full-service Murray Hill condominium; curved bay windows; deep amenity package
- 300 East 23rd Street — Gramercy-edge condominium
- 240 East 47th Street — a Turtle Bay condominium
- 303 East 33rd Street — a LEED Gold Kips Bay condominium
- The Alden — full-service prewar-to-condo living
More Gramercy buildings
- 327 East 22nd Street (Gramercy 1860) — new-construction condominium
- 333 East 14th Street — 1965 co-op
- 333 East 43rd Street (The Manor) — 1927 co-op
- 340 East 23rd Street (Gramercy Starck) — 2007 condominium
- 343 East 50th Street (M at Beekman) — 1900 condominium
- 350 East 18th Street (The Florian) — 2025 condominium
The neighborhood
For the full corridor — architecture, transit, and pricing across Gramercy — read The Roebling Team Guide to Gramercy.
How to read the facts on this page. Items attributed to an offering plan describe the building as it was offered at that filing — unit mix, square footage, the amenity program as planned. They are not a statement about how the building operates today. Tax and compliance figures are sourced separately to current City records and carry their own dates. House rules, staffing and fee policy can change by board resolution without any public filing: treat every policy line here as a starting point for diligence and confirm it with the managing agent. Where this page compares one building or neighborhood to another, that is our analysis of the recorded record — it names the measure, the period and the sample it rests on, and it is an observation about medians rather than a prediction about any particular apartment.
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