Snuggled next to the East River between 23rd and 34 street, Kips Bay is very popular with families due to the great schools, hospital access, and general safety of the area. However, there has also been an increase in young professionals seeking to rent in the neighborhood as businesses continue to expand in Murray Hill and North Manhattan.
Kips Bay receives its name from the Kips family farm off the bay of the East River. The area in the 1600’s and 1700’s, was mostly farmland. As the decades went by, more and more of the land was bought off to make room for city developments. For example in 1794, Bellevue Farm was purchased in order to construct a medical facility, and in subsequent years, parcels of Kips Bay Farm were purchased to expand the facilities.
Kips Bay in the 1800’s saw more of the same, land and markets were bought and moved uptown to make room for small business and row houses. By the 1900’s Kips Bay looked pretty much the same for the next 60 years until high rise buildings started showing up.
Kips Bay is a mixture of classy restaurants, educational institutions, row houses, and the occasional high rise apartment complex. Most structures here are low to mid rise buildings, but Kips Bay has its share of historic architecture too, home to one of the only wooden houses left on Manhattan.
Kips Bay gives off a homey suburban feel, with an ample supply of everyday conveniences like grocery stores and ATMs. The neighborhood is spotted with many micro-neighborhoods such as Curry Hill, where the 20-something streets cross Lexington. It offers a myriad of ethnic foods and groceries, including Trader Joe's.
The south east corner of Kips Bay houses Baruch College, and various cheap college hangouts. As you move further east, it becomes more residential. Overall, Kips Bay is a very low key neighborhood. There’s plenty to do, but it’s mostly a family friendly place to relax after a busy day.
Kips Bay is perfect for families. With plenty of multi-family or single family homes to choose from, terrific schools, and access to many healthcare facilities, Kips Bay is one of the best places in Manhattan to plant roots. With NYU Langone Medical Center and Bellevue Hospital Center making their homes here, residents may hear sirens more often than they would like. However, that’s pretty much the extent for noise complaints.
This small residential neighborhood almost seems to be hiding from the rest of the city. The only subway stations even close to it are the 23rd, 28th, and 33rd street stops on the 4, 5, and 6 trains.
That said, biking is extremely popular here, with bike lanes on every major avenue and most streets. Kips Bay also has a decent number of Citi Bike docking stations for your convenience.
Driving isn’t the most reliable way to get around the neighborhood, but it is doable. The traffic isn’t as bad as the rest of Manhattan, but it can still get congested. This neighborhood is very walkable, so most people decide to stick to pedestrian methods of transport, especially when going into other parts of the city.
| Bedrooms | Rent | Rent / sqft |
|---|---|---|
| Studio | $3,640 | $7.80 |
| 1 BR | $4,183 | $7.40 |
| 2 BR | $5,500 | $7.65 |
| 3 BR | $6,795 | $7.34 |
| 4+ BR | $9,125 | $7.19 |
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Kips Bay is located within 10010. This area currently has 32,854 residents in 16,070 households. Out of the total population, 40.12% of the residents speak another language at home instead of English. The majority of the inhabitants in this zipcode are currently unmarried and have a median age of 35.
When looking at residents older than 25, around 5.95% have graduated from high school, 40.07% have a bachelor's degree, and 37.55% have obtained their master's degree or above. Employment rate is typically around 67.7% and the median income in this zipcode is $110,142.
At least 72.53% of those living in this zipcode are renting their homes. Most residents will commute to work by public transportation with an average commute time of 26 minutes.
Geographically, 10010 is a part of New York County, New York. This county is currently home to 1,634,989 residents, or 753,385 households with a median income of $75,513. New York County, New York residents have a median age of 37 and 76.86% are currently renting their homes in the area.
Finally, New York County, New York is a part of the greater New York - Newark, NY - NJ - CT Urban Area. For those unfamiliar with the area, The New York - Newark, NY - NJ - CT Urban Area is currently home to a population 18,812,161 across 6,707,347 households. Those living in this urban area have a median income of $68,319 and median age of 38. In general, at least 50.07% of the residents are currently renting their homes in this area.
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