Home Values · Manhattan · Kips Bay, NY
What's your home worth in Kips Bay?
The median home in Kips Bay sold for $702,500 — co-op prices ▲ 16.2% over the past year.
Based on recorded residential sales over the last 12 months (all home types). Source: ATTOM public property records · updated quarterly · as of July 2026.
About the neighborhood
Farmland under the towers
Kips Bay slopes from Midtown down to the East River, its name a holdover from the bay and the Kip family farm that occupied this ground in the 1600s; the family's brick homestead, built in 1655, stood for nearly two centuries, and the British landed here during the Revolutionary War. The building stock spans eras: prewar walk-ups and brownstones, postwar co-ops, I.M. Pei's Kips Bay Towers, and even one of Manhattan's last wooden houses on 29th Street.
Daily life is practical and unshowy. Major healthcare institutions, the Curry Hill restaurant stretch on Lexington Avenue, and the bars of Third Avenue cover work and appetite, while the East River Greenway handles morning runs. The result: Midtown access without Midtown noise.
Where Kips Bay sits
The official neighborhood boundary — every sale behind the numbers above closed inside this outline.
The locqube difference
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On a $702,500 sale, a traditional 6% commission is about $42,150. With locqube it's a flat $899 or 1.99% — keeping more of what you built.
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