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Printed from StreetEasy.com at 11:58 AM, Feb 25 2026
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Kips Bay

Located in All Midtown, Manhattan

What's Close by?

Kips Bay
$1,366 per ft² (avg.)
Gramercy Park
$1,939 per ft² (avg.)
Murray Hill
$1,243 per ft² (avg.)
Turtle Bay
$1,357 per ft² (avg.)

Walking through Kips Bay, you would not necessarily realize you were in Kips Bay, a neighborhood that mostly lacks distinction from its northern neighbor, Murray Hill. Rebuilt in patches, the neighborhood is a combination of new high-rise apartments and old condominium complexes. Attracted by its ease of access to other neighborhoods and high safety record, Kips Bay residents enjoy relatively low rents and housing prices. The neighborhood is well-populated by bars and has a diversity of restaurants, although not everyone loves the more frat-style bars on Third Avenue. There is a strip of NYU institutions and hospitals on the eastern side of the neighborhood. Overall, Kips Bay is a fairly convenient, low-key place to live.

Photos in Kips Bay

Availability & value

Prices displayed are median values

CondosCo-ops
Studios $700,000 3 listings $425,000 21 listings
1 Bed $872,500 12 listings $597,000 24 listings
2 Beds $1,447,000 10 listings $882,000 8 listings
3 Beds $2,450,000 3 listings
3+ Beds $2,450,000 3 listings
New devsRentals
Studios $695,000 3 listings $3,780 36 listings
1 Bed $1,455,000 9 listings $4,498 76 listings
2 Beds $2,120,000 17 listings $5,627 43 listings
3 Beds $4,295,000 3 listings $7,870 15 listings
3+ Beds $4,295,000 3 listings $8,350 17 listings

117 Listings For Sale

median: $850,000 | $1,663 per ft² | 833.5 ft²   View All Listings

174 Listings For Rent

median: $4,835 | $92 per ft² | 689 ft²   View All Listings

34 New Developments

median: $1,862,000 | $1,981 per ft² | 886 ft²   View All Listings