Kips Bay
Tucked between some of Manhattan’s buzzier neighborhoods, Kips Bay keeps a relatively low-profile — and that’s a huge part of its appeal. This east side enclave is quiet and residential while serving as home base to several cutting-edge medical facilities and research centers, along with a wide range of restaurants.
Kips Bay may not have the same name recognition as neighboring Gramercy, NoMad, or Murray Hill, but its laid-back, under-the-radar quality is what contributes to its charm. Stretching across a small section of Manhattan’s east side, Kips Bay is a neighborhood of contrasts, offering everything from prewar and postwar apartments to newer developments and shiny high-rises. One of its most notable architectural standouts is the I.M. Pei-designed Kips Bay Towers, located between First and Second Avenues along East 33rd Street, while Bellevue Hospital and NYU Langone anchor the neighborhood’s busy medical corridor to the east. Second and Third Avenues keep everyday life convenient with restaurants, bars, shops, and grocery stores. The neighborhood isn’t big on green space, but there is some to be found, along with close proximity to the East River waterfront. Residents have to trek a bit farther to the subway, but bus and ferry options help fill the gap.
The Mood
Relaxed, residential side streets are balanced with busy avenues that offer a little bit of everything.
Heart of the Neighborhood
First and Second Avenues both play vital and distinct roles. First Avenue is home to “Hospital Row,” with Bellevue Hospital, NYC Langone, the VA Medical Center, and other healthcare and research institutions dominating the stretch. Second Avenue serves as Kips Bay's backbone, lined with restaurants, bars, shops, residential buildings, and other conveniences.
Neighborhood Quirk
Despite its name, there’s no bay in Kips Bay — at least not anymore. The neighborhood takes its moniker from Kip’s Bay, an East River inlet that once bordered the Kip family farm, prominent Dutch settlers in 17th-century New Amsterdam. The bay was eventually filled in, but the name stuck.
Best Perk
The neighborhood offers close proximity to Gramercy, Flatiron, and Midtown at lower price points.
Biggest Downside
While charming and chill, Kips Bay lacks a major cultural hub compared to nearby Manhattan neighborhoods.
Prices shown are base rent only and don't include any fees. Visit each listing to see a complete cost breakdown.
The Mood
Relaxed, residential side streets are balanced with busy avenues that offer a little bit of everything.
Heart of the Neighborhood
First and Second Avenues both play vital and distinct roles. First Avenue is home to “Hospital Row,” with Bellevue Hospital, NYC Langone, the VA Medical Center, and other healthcare and research institutions dominating the stretch. Second Avenue serves as Kips Bay's backbone, lined with restaurants, bars, shops, residential buildings, and other conveniences.
Neighborhood Quirk
Despite its name, there’s no bay in Kips Bay — at least not anymore. The neighborhood takes its moniker from Kip’s Bay, an East River inlet that once bordered the Kip family farm, prominent Dutch settlers in 17th-century New Amsterdam. The bay was eventually filled in, but the name stuck.
Best Perk
The neighborhood offers close proximity to Gramercy, Flatiron, and Midtown at lower price points.
Biggest Downside
While charming and chill, Kips Bay lacks a major cultural hub compared to nearby Manhattan neighborhoods.
Renters will find everything from smaller walk-ups to full-service elevator buildings, at average rents that are roughly in line with greater Manhattan. Buyers will encounter plenty of co-ops and condos at prices 30-40% lower than borough averages, and a small selection of (expensive) 19th-century townhouses and rowhouses. Newer condo buildings add another option to the mix for both buyers and renters.
Kips Bay houses a mixture of historic prewar buildings, modest walk-ups, and newer developments, including the striking Kips Bay Towers designed by architects I.M. Pei and S. J. Kessler.
The Asser Levy Recreation Center is an early-20th-century bathhouse that now serves as the nabe’s recreation hub. A membership is required to access its indoor facilities (including a pool, fitness room, and billiards), but the outdoor pool is open to the public.
Beyond My Ken, CC BY-SA 4.0, via Wikimedia Commons
Anchored by major medical institutions like NYC Langone and Bellevue Hospital, the oldest public hospital in the country, Kips Bay is a healthcare hub.
Cozy restaurants with neighborhood charm characterize the dining scene in Kips Bay, and there’s a wide variety to choose from. Everything from pizza and Italian to Mediterranean, Mexican, and sushi can be found in the nabe, as well as a good selection of bars, pubs, coffee shops, and places to grab a sweet treat. Kips Bay also borders the “Curry Hill” enclave along Lexington Avenue, where you’ll find a dense concentration of South Asian eateries.