Kips Bay Neighborhood Review - Manhattan Moving Guide

Find out about the character, apartments, attractions, restaurants, and schools in Kips Bay. Discover the neighborhood vibe and check out the latest news in the area. Learn if Kips Bay is the right neighborhood for you.
East Side Manhattan
Editors Rating (2.5 stars out of 5)
5.0 Overall
Average Rent Prices 4
Public transportation 3
Schools 7
Lifestyle 7
Crime 4

Located on the east side of New York City, this growing neighborhood is sandwiched next to midtown, between Murray Hill (to the North) and Gramercy Park (to the South). The therapeutic East River views offer a breath of fresh air for those residing in this area of Manhattan.

There are many medical facilities, like Bellevue Hospital facilities and branches of NYU, like NYU College of Dentistry and NYU School of Medicine, in the area.

It makes sense that many students and recent college graduates who typically share apartments and live a busy lifestyle call this place home.

Many businesses are tucked away into brownstones and former tenement buildings.

While most of First Avenue is healthcare dominated with hospitals lining the area, Second Avenue has midcentury brick apartment buildings.

Fun Fact: The Battle of Kip's Bay played a role in the American Revolutionary War in 1776. British forces occupied the area which placed NYC in their hands for the course of the war.

Real Estate in Kips Bay

Kips Bay offers a reasonable price for the amount of convenience it offers, especially considering its proximity to Midtown, which has some of the highest real estate values in Manhattan.

Post-war high-rise apartment buildings and complexes as well as brownstones, make up most of this residential neighborhood.

No-fee apartments are plentiful, and amenities usually accompany all rentals.

Regarding properties for sale, you can also expect mostly condos and co-op apartments, although it's not impossible for find attached townhouses for sale either.

Average Rental Prices in Kips Bay

1 Bed$3,700
2 Beds$3,164
3 Beds$5,125
4 Beds$6,734
PropertyNest Real Estate Data As of June 2023

Average Sales Prices in Kips Bay

1 Bed$998,000
2 Beds$2,500,000
3 Beds$2,250,000
4 Beds$1,300,000
PropertyNest Real Estate Data As of June 2023

Public Transportation

One perk of being located on the East River is having access to the NYC Ferry service.

It is located at 34th Street & Midtown Ferry Terminal and makes stops at Wall Street as well as multiple locations in Brooklyn and Queens.

When residents need to get somewhere outside of the hustle bustle of the Midtown area, the area is served by the 6 train.

It has locations at 23rd, 28th and 33rd Street.

Local Bus Lines
Local BusesM9, M15, M101, M102, M103
Select Bus ServicesM15 SBS, M23 SBS, M34 SBS

Bikes and Bike Safety

Aggressive cyclists are seemingly everywhere in this neighborhood.

Because of its convenient location near Midtown most residents walk or bike to work.

The bike lanes on First and Second Avenue as well as the greenway along the East River make for an enjoyable commute.

Some of the CitiBike stations can be found at these locations:

  • 2nd Av/ E 25th St
  • 1st Av/ E 27th St
  • 1st Av/E 30th St


This being Manhattan, it's not hard to find a wide assortment of cuisines and different types of restaurants in Kips Bay.

Lexington Avenue and 28th Street also goes by the nickname Curry Hill and is known for its excellent array of Indian and South Asian restaurants.

To enjoy some of the most authentic Indian flavors in the city, stop by Mughlai or Chote Nawab

For the ultimate fine-dining experience look no further than The Water Club.

Great for anniversaries, special occasions or a nice evening meal, The Water Club is located direct on the East River with panoramic views of Manhattan!

Another famous mainstay of the neighborhood is the 2nd Avenue Deli, purveyors of quintessential Jewish delicatessen classics like knishes, corned beef sandwiches, gefilte fish, and stuffed cabbage, to name of few.

Attractions and Nightlife

Kips Bay has a lot to offer in the way of nightlife and entertainment.

For daytime fun, pinball lovers will find paradise at Modern Pinball NYC. This high-energy arcade environment offers unlimited play with the purchase of a wristband.

There's also the Holographic Studio, which is a gallery collection of holography.

For evening time fun, catch a NY Party Cruise. This experience offers guests the perfect opportunity to drink, dance and party all the while enjoying the Manhattan skyline and Statue of Liberty.

Get a few laughs at the New York Comedy Club's Midtown location right in Kips Bay, where you can catch some well-known comedy acts.

You'll also enjoy the river views at the East River Park!

Public and Charter Schools

Kips Bay is located in District 2 and there are multiple well performing schools in the neighborhood.

Here are some of them:

Local Neighborhood Schools
P.S. 116 Mary Lindley MurrayPublic - PK-5 - 648 studentsSeveral after-school programs, Strong reading and writing, unusually thoughtful approach to homework
J.H.S. 104 Simon BaruchPublic - 6-8 - 1,114 studentsFun learning environment, lots of sports, drama and art, strong academics, active PTA
Baruch College Campus High SchoolPublic - 9-12 - 446 studentsRigorous academics, students taught to write well and read classical and contemporary texts, high rate of college acceptance.
47 The American Sign Language and English Secondary SchoolPublic - 9-12 - 186 studentsCalm and close-knit environment, hearing and deaf students learn alongside one another in classes staffed with professional sign interpreters
Success Academy Charter High School of the Liberal ArtsCharter - 9-12Advanced liberal arts cirriculum, specialized STEM, program, parents are actively involved

How Safe is the Kips Bay Neighborhood?

Crime statistics

Crime rate: 7 out of 10
Approximately 33.8123 crimes (felony) per 1000 residents
Low Medium High
Rachel McCray
About the author

Originally from Florida, Rachel McCray, a writer and content producer, is now based in New York. Rachel offers expertise in New York City neighborhoods relating to real estate and history. Rachel McCray graduated from Florida Atlantic University with a bachelor's degree in Communication and Media Studies.