Kips Bay may not be the most trendy ‘hood, but it’s just a few blocks away from bustling Nomad, all the bars in Murray Hill (if that’s your thing) and a quick walk to Grand Central. And as of today, 18 units are up for grabs through the city’s affordable housing lottery at 145 Madison Avenue, a new 21-story rental building between East 31st and 32nd Streets. The mixed-income units are reserved for those earning 30, 60, and 120 percent of the area median income and range from $580/month studios to $2,270/month one-bedrooms.
This mid-19th century townhouse in Manhattan’s often overlooked neighborhood of Kips Bay might be a dime a dozen in a Brooklyn neighborhood like Cobble Hill. But in Midtown it’s asking $4.3 million and it looks as cute as a button somehow. This four-story-plus-cellar Greek Revival-style (officially) three-family home sits on a pretty tree-lined residential street. At 18-inches wide its well-maintained and fetching façade is highlighted by custom contrasting shutters.
Located in a boutique 1931 Bing & Bing co-op in Kip’s Bay, a renovated one-bedroom pad has hit the market for $799,000. The light-filled apartment at 140 East 28th Street boasts charming pre-war details like a wood-burning fireplace, arched entry, beamed ceilings, and a classic layout that efficiently separates dining and entertainment areas.