Manhattan condos $1,629/sf 2%Manhattan co-ops $283K/room 5%Central Park perimeterPark Ave $478K/room 19%CPW $350K/room 5%Fifth Ave $501K/room 19%Billionaires' Row $4,272/sf 24%Tribeca $1,941/sf 2%
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Kips Bay

Kips Bay sits between Murray Hill and Gramercy along the eastern 20s and 30s, dominated by postwar towers and the medical corridor around NYU Langone and Bellevue. The inventory is practical — efficient layouts, full-service buildings, few pre-war holdouts — and much of the buyer pool is affiliated with the hospitals. That employment base gives it steady demand: closings run tighter to ask than the Manhattan norm despite Midtown's softer conditions. Apartments are small and among the cheapest in Manhattan to carry.

Kips Bay · The Roebling Index

What the index shows for Kips Bay

Median condominium price per square foot and cooperative price per room, with the change over the past year and since 2022 and 2016. Condos are measured by the foot, co-ops by the room.

Condominiums · $/sf
$1,393/sf
1-yr -21%since ’22 -18%since ’16 +10%
Co-ops · $/room
$193K/room
1-yr -4%since ’22 -12%since ’16 -11%

Medians of recorded, index-eligible sales — each figure carries the mix of what happened to trade, not the like-for-like change of a single apartment. Compiled by The Roebling Team at Compass from public records. Figures are indicative, not an appraisal.

The Roebling read · recorded closings

How Kips Bay clears

What closings across Kips Bay look like at the table, shown against the Manhattan baseline so each figure reads as a comparison.

Typical closing vs asking price
−2.7%
Manhattan −3.5%
Share selling above ask
11%
Manhattan 12%
Monthly charges
$1,768
$2.34/sf
Manhattan $2,664 · $2.79/sf
Median rooms
3.0
Manhattan 4.0

Buildings in Kips Bay

Condominium · 2007
107 East 31st Street
107 East 31st Street, New York, NY 10016
107 East 31st Street
107 East 31st Street, New York, NY 10016
2007 · Condominium
Condominium · 1984
The Pierpont
111 East 30th Street, New York, NY 10016
The Pierpont
111 East 30th Street, New York, NY 10016
1984 · Condominium
Philip Birnbaum
Condominium · 1988
Lexington Parc
127 East 30th Street, New York, NY 10016
Lexington Parc
127 East 30th Street, New York, NY 10016
1988 · Condominium
Cooperative · 1927
137 East 28th Street
137 East 28th Street, New York, NY 10016
137 East 28th Street
137 East 28th Street, New York, NY 10016
1927 · Cooperative
Condominium · 2011
One48
148 East 24th Street, New York, NY 10010
One48
148 East 24th Street, New York, NY 10010
2011 · Condominium
Cooperative · 1960
Gotham House
150 East 27th Street, New York, NY 10016
Gotham House
150 East 27th Street, New York, NY 10016
1960 · Cooperative
Condominium · 1988
L'Isola
157 East 32nd Street, New York, NY 10016
L'Isola
157 East 32nd Street, New York, NY 10016
1988 · Condominium
Condominium · 1986
The Bentley
159 East 30th Street, New York, NY 10016
The Bentley
159 East 30th Street, New York, NY 10016
1986 · Condominium
Cooperative · 1925
160 East 26th Street
160 East 26th Street, New York, NY 10010
160 East 26th Street
160 East 26th Street, New York, NY 10010
1925 · Cooperative
Cooperative · 1964
The Byron
165 East 32nd Street, New York, NY 10016
The Byron
165 East 32nd Street, New York, NY 10016
1964 · Cooperative
Condominium
Hillrose28
181 East 28th Street, New York, NY 10016
Hillrose28
181 East 28th Street, New York, NY 10016
Condominium
The Rosehill
200 East 28th Street, New York, NY 10016
The Rosehill
200 East 28th Street, New York, NY 10016
Cooperative · 1965
The Peter James
201 East 25th Street, New York, NY 10010
The Peter James
201 East 25th Street, New York, NY 10010
1965 · Cooperative
Leo Stillman
Cooperative
The Penny Lane
205 East 24th Street, New York, NY 10010
The Penny Lane
205 East 24th Street, New York, NY 10010
Cooperative · 1940
208 East 28th Street
208 East 28th Street, New York, NY 10016
208 East 28th Street
208 East 28th Street, New York, NY 10016
1940 · Cooperative
Cooperative
229 East 28th Street
229 East 28th Street, New York, NY 10016
229 East 28th Street
229 East 28th Street, New York, NY 10016
Cooperative · 1940
229 East 29th Street
229 East 29th Street, New York, NY 10016
229 East 29th Street
229 East 29th Street, New York, NY 10016
1940 · Cooperative
Cooperative · 1930
240 East 32nd Street
240 East 32nd Street, New York, NY 10016
240 East 32nd Street
240 East 32nd Street, New York, NY 10016
1930 · Cooperative
Cooperative · 1964
Spruce Ridge House
245 East 25th Street, New York, NY 10010
Spruce Ridge House
245 East 25th Street, New York, NY 10010
1964 · Cooperative
Condominium · 1925
Greentree Condominium
248 East 31st Street, New York, NY 10016
Greentree Condominium
248 East 31st Street, New York, NY 10016
1925 · Condominium
Condominium · 2001
The Sycamore
250 East 30th Street, New York, NY 10016
The Sycamore
250 East 30th Street, New York, NY 10016
2001 · Condominium
Condominium · 1983
250 East 31st Street
250 East 31st Street, New York, NY 10016
250 East 31st Street
250 East 31st Street, New York, NY 10016
1983 · Condominium
Cooperative · 1964
Riverview East
251 East 32nd Street, New York, NY 10016
Riverview East
251 East 32nd Street, New York, NY 10016
1964 · Cooperative
Condominium · 2009
303 East 33rd Street
303 East 33rd Street, New York, NY 10016
303 East 33rd Street
303 East 33rd Street, New York, NY 10016
2009 · Condominium
Perkins Eastman
Cooperative · 1964
New York Towers
305 East 24th Street, New York, NY 10010
New York Towers
305 East 24th Street, New York, NY 10010
1964 · Cooperative
Cooperative · 1972
The Crystal House
309 Third Avenue, New York, NY 10010
The Crystal House
309 Third Avenue, New York, NY 10010
1972 · Cooperative
Cooperative · 1960
The Liberty
311 East 25th Street, New York, NY 10010
The Liberty
311 East 25th Street, New York, NY 10010
1960 · Cooperative
Condominium · 1957
350 East 30th Street
350 East 30th Street, New York, NY 10016
350 East 30th Street
350 East 30th Street, New York, NY 10016
1957 · Condominium
Condominium
368 Third Avenue
368 Third Avenue, New York, NY 10016
368 Third Avenue
368 Third Avenue, New York, NY 10016
Condominium · 2006
385 Third Avenue
385 Third Avenue, New York, NY 10016
385 Third Avenue
385 Third Avenue, New York, NY 10016
2006 · Condominium
Cooperative
407 Third Avenue
407 Third Avenue, New York, NY 10016
407 Third Avenue
407 Third Avenue, New York, NY 10016
Cooperative · 1963
Tracy Towers
421 Second Avenue, New York, NY 10010
Tracy Towers
421 Second Avenue, New York, NY 10010
1963 · Cooperative
Cooperative · 1980
61 Lexington Avenue
61 Lexington Avenue, New York, NY 10010
61 Lexington Avenue
61 Lexington Avenue, New York, NY 10010
1980 · Cooperative
Condominium · 1960
Kips Bay Towers
333 East 30th Street, New York, NY 10016
Kips Bay Towers
333 East 30th Street, New York, NY 10016
1960 · Condominium
Condominium · 1993
The Future
200 East 32nd Street, New York, NY 10016
The Future
200 East 32nd Street, New York, NY 10016
1993 · Condominium
Costas Kondylis & Partners
Condominium · 2021
The Lexi
165 Lexington Avenue, New York, NY 10016
The Lexi
165 Lexington Avenue, New York, NY 10016
2021 · Condominium
Isaac & Stern Architects
Cooperative · 1965
Victoria House
200 East 27th Street, New York, NY 10016
Victoria House
200 East 27th Street, New York, NY 10016
1965 · Cooperative
Leo Stillman
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Corey Cohen, Principal · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com