Kips Bay, Manhattan, NY 10016
Property Type
Post-War Condo
Building
Kips Bay Towers
Views
See remarks, City
Central AC
Yes
Doorman
Yes
Pets Allowed
Building No, No
Year Built
1962
Maintenance/CC
$546 (Monthly)
Financing Allowed
90%
RE Tax
$422 (Monthly)
Listing courtesy of Jason Lee of Compass.
Investment Opportunity. Rent-Stabilized Tenant in Place A rare opportunity to acquire a top-floor condominium residence in one of Manhattan's most sought-after postwar communities. Perched on the 21st floor, this north facing alcove studio enjoys sweeping skyline views, exceptional natural light, and a thoughtfully designed layout featuring a spacious living area, separate dining alcove, and dedicated dressing area. The residence has been tastefully updated with a renovated kitchen featuring white shaker cabinetry, stainless steel appliances, stone countertops, and a marble backsplash, along with an updated bathroom, abundant closet space, and oversized windows framing expansive city views which include the UN and East River. Offered with a rent-stabilized tenant in place, this property presents an outstanding opportunity for investors seeking long-term value in a professionally managed Manhattan condominium. Exceptionally low monthly common charges and real estate taxes help minimize carrying costs, while the combination of a premier location, condominium ownership, and limited future supply creates compelling long-term appreciation potential. Kips Bay Towers is a full service condominium with many amenities including 24-hour concierge and doorman, live-in resident manager, live-in super, full staff of handymen and porters, on-site management office, newly renovated lobby, state of the art fitness center, bike room, storage and trunk rooms, community room, laundry room, on site valet with dry cleaning and housekeeping services, attached underground 24-hour parking, beautifully renovated lobby, and of course the magnificent 3+ acre private garden for residents (the largest in Manhattan!). The one of a kind garden is like having your own backyard. It features a landscaped lawn, areas for picnicking, lounging, herb garden, sports, ping pong tables, playground, and full-size basketball court. Conveniently located steps to Fairway, Trader Joes, Target, restaurants and shops, 6 train just three blocks west, M15 across the street, East River ferry, and two Citibike stations just outside. An exceptional opportunity to acquire a well-located Manhattan condominium with attractive long-term upside.
1
1
0
Kips Bay Towers
Manhattan
90%
RLS20109525
473 Sqft
$546 (Monthly)
Kips Bay
Post-War Condo
$422 (Monthly)
See remarks, Yes - City
1962
Doorman Full Time, Basketball Court, Bike Storage, Elevator(s), Fitness Center, Management, On Site Management
Basketball Court, Bike Storage, Elevator(s), Fitness Center, Management, On Site Management
1
Building Washer Dryer Install Allowed, Common On Floor, Common Area
Kips Bay Towers
High Rise
1119
21
One
1962
Condominium
Building No, No
Kips Bay
Manhattan
See remarks, Yes - City
Assigned, Garage
$546 (Monthly)
$422 (Monthly)
90%
Yes - Central Air, Other
Unfurnished
2
Total$2,802.73/Month
*The values provided are approximate. For more precise information, please contact a BHS agent who can offer further assistance.
300 East 33rd Street #21E, New York City, NY
Open in Google Maps| Unit | Size | Sold For |
|---|---|---|
| #14P | 1 BR / 1 BA | $700,000 |
| #14P | 1 BR / 1 BA | $700,000 |
| Address | Size | Sold For |
|---|---|---|
| 201 East 28th Street #5R #5RKips Bay | 1 BR / 1 BA | $575,000 |
| 201 East 28th Street, #5R #5RKips Bay | 1 BR / 1 BA | $575,000 |
| 201 East 28th Street #16G #16GKips Bay | 1 BR / 1 BA | $7,075,009 |
| 201 East 28th Street #9N #9NKips Bay | 1 BR / 1 BA | $542,000 |
| 343 East 30th Street #17A #17AKips Bay | 1 BR / 1 BA | $830,000 |
| 200 East 36th Street, #16C #16CKips Bay | 1 BR / 1 BA | $760,000 |
| 305 East 24th Street #15F #15FKips Bay | 1 BR / 1 BA | $690,000,690 |
| 200 East 24th Street #1608 #1608Kips Bay | 1 BR / 1 BA | $585,000 |
| 160 East 27th Street #11E #11EKips Bay | 1 BR / 1 BA | $639,000 |
| 343 East 30th Street, #17A #17AKips Bay | 1 BR / 1 BA | $830,000 |
Closed sales recorded by Brown Harris Stevens agents.

Kips Bay is a residential neighborhood on Manhattan’s East Side, generally located between Murray Hill and Gramercy Park, extending east toward the East River. Known for its mix of historic and…
RLSat REBNYThis 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.
Last Updated: Nov 5, 2026 at 12:15 AM
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