Kips Bay

By Kristina Misailova, Licensed Associate Real Estate Broker, Compass

Practical and well-located, Kips Bay offers some of the East Side's better value alongside a major medical and academic corridor.

The character

A straightforward, convenient East Side neighborhood near the NYU Langone and Bellevue medical corridor, Kips Bay is popular with professionals, students, and value-seekers.

Housing stock

Postwar co-ops and condos make up most of the market, with some newer development, generally at more accessible price points than neighbors to the south.

Getting around

The 6 serves the west side of the neighborhood, with crosstown buses and quick access to the FDR and Midtown Tunnel.

Who it suits, and the tradeoffs

Great for value buyers and those tied to the medical corridor. The tradeoffs are thinner subway coverage on the far east and fewer marquee amenities.