Neighborhood Guide

Kips Bay


Kips Bay is a neighborhood in the New York City borough of Manhattan. A part of Manhattan Community Board 6, Kips Bay is bordered on the north by Murray Hill; on the west by Madison Square, NoMad, or Rose Hill; on the south by the Gramercy Park neighborhood and the Peter Cooper Village apartment complex; and on the east by the East River.

 The New York Times defines the boundaries as the area between East 23rd Street to the south, East 34th Street to the north, Lexington Avenue to the west, and the East River to the east. The American Institute of Architects' AIA Guide to New York City considers the western boundary to be Second Avenue.


Kips Bay Listings

Kips Bay Market Review

Size Price Range Listings Count Avg. $/Ft2 DOM
Studio $325K - $918K 11 $1,363 131
1 BR $359K - $1.65M 47 $2,783 202
2 BR $670K - $2.82M 33 $1,865 171
3 BR $1.50M - $8.50M 7 $2,214 445
4+ BR - 0 - -

$2,056

Avg. Price/SqFt.

Kips Bay Condo Price Trend