Manhattan
Kips Bay
1,048 closed sales · last 12 months
Updated monthly from closed-sale data.
Murray Hill-Kips Bay is a neighborhood within East Midtown-Turtle Bay. The median sale price is $812,500, with per-square-foot pricing at $1,289.51. Annual sales volume runs around 476 transactions, with properties typically spending 196 days on market.
Over the last 12 months, Kips Bay has kept pace with East Midtown-Turtle Bay it sits within.
Median Price
$760K
Half of sales closed above this price, half below.
Price / SF
$1,091/SF
Median closed price per square foot.
Closed Sales
1,048
Number of closed sales in the period.
Price Trend
Last 12 monthsClosed Sales
Who lives here
- 101,187
- Residents
- $151K
- Median household income
- $3K/mo
- Median rent
Source: U.S. Census (ACS), 2023 · Kips Bay (3 ZIP codes)
Livability
Tortus Score
Tortus Score rates walkability, transit, and nearby amenities across 1,140 locations in Kips Bay. Higher is better.
Kips Bay on the map
Notable nearby
Restaurants
- Marchi's106 ft
- Yoi Ramen & Tea148 ft
- Hill And Bay164 ft
Coffee
- First Cup Cafe216 ft
- Banter391 ft
- Dunkin'459 ft
Bookstores
- Jhu Comic Books517 ft
- New York Public Library - Kips Bay0.1 mi
- NYPL0.1 mi
Nightlife & culture
- Imax327 ft
- Mr. B Bar444 ft
- Mr B bar444 ft
Shopping
- Wireless One NY, Verizon Wireless Authorized Retailer127 ft
- Subway132 ft
- Optic Shades158 ft
Getting around
Nearest stop: 2nd Ave & East 33rd St · 1 min walk
Schools nearby
- PS 116 Mary Lindley MurrayElementary · 1 min walk
- Unity Center for Urban TechnologiesHigh · 5 min walk
- Manhattan Academy for Arts and LanguagesHigh · 6 min walk
- Murray Hill AcademyHigh · 6 min walk
- River School (The)Elementary · 6 min walk
- 47 American Sign Language and English Lower School (The)Elementary · 8 min walk
Key details
The cost of homes
The median sale price in Murray Hill-Kips Bay is $812,500, roughly $206,000 lower than the East Midtown-Turtle Bay median of $1,018,988. Homes typically sell between $497,250 and $1,467,500.
Housing stock
Properties in Murray Hill-Kips Bay are priced at $1,289.51 per square foot and typically spend 196 days on the market. The neighborhood saw 476 sales over the past year and is currently underperforming relative to the broader East Midtown-Turtle Bay area.
Nearby neighborhoods
All figures reflect sales only; rentals are excluded.
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