300 E 33rd Street #3L
About This Property
Easily convert this massive 1 bedroom apartment at I.M. Pei's Kips Bay Towers Condominium into your legal 2 bedroom dream home!
This corner unit features 50 linear sq ft of nearly floor to ceiling windows, with great light all day, and open city views. There's an enormous living room, separate dining area, king-size bedroom, and four closets. All this, plus amazingly low common charges and taxes. There is currently an ongoing capital assessment of $288 per month.
Kips Bay Towers is a full service condominium with many amenities including 24-hour concierge and doorman, live-in resident manager, live-in super, full staff of handymen and porters, on-site management office, newly renovated lobby, state of the art fitness center, bike room, storage and trunk rooms, community room, laundry room, on site valet with dry cleaning and housekeeping services, attached underground 24-hour parking, and of course the magnificent 3+ acre private garden for residents (the largest in Manhattan!). The one of a kind garden is like having your own backyard. It features a landscaped lawn, areas for picnicking, lounging, herb garden, sports, ping pong tables, playground, and full-size basketball and pickleball courts. Conveniently located steps to Fairway, Trader Joes, Target, restaurants and shops, 6 train just three blocks west, M15 across the street, East River ferry, and two Citibike stations just outside.
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Jul 17, 2024 | Sold | ||
Sold | |||
Jul 2, 2024 | In contract | - | |
In contract | |||
Apr 21, 2024 | Listed by Compass | $1,000,000 | |
Listed by Compass | |||
Feb 17, 2022 | Sold to Tremada Bh Eastside Condo Llc | ||
Sold to Tremada Bh Eastside Condo Llc | |||
Dec 29, 2014 | Sold to Edward Zazzera, Elizabeth Z... | ||
Sold to Edward Zazzera, Elizabeth Z... |
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
10/18/2024
|
2 Bed
|
2 Bath
|
1150 ft²
|
$1,295,000
2 Bed
2 Bath
1150 ft²
|
$1,100,000
-15.06%
03/18/2025
|
-
|
Robert Garabo
Brown Harris Stevens
| |
05/03/2024
|
1 Bed
|
1 Bath
|
732 ft²
|
$875,000
1 Bed
1 Bath
732 ft²
|
$835,000
-4.57%
07/23/2024
|
-
|
Nitu Bachani
KWNYC Midtown
| |
04/21/2024
|
1 Bed
|
1 Bath
|
855 ft²
|
$1,000,000
1 Bed
1 Bath
855 ft²
|
$990,000
-1.00%
07/17/2024
|
-
|
Jason Lee
Compass
| |
11/30/2023
|
Studio
|
1 Bath
|
480 ft²
|
$600,000
Studio
1 Bath
480 ft²
|
$600,000
02/09/2024
|
-
|
Sophia Guinchard
Serhant
| |
11/20/2023
|
Studio
|
1 Bath
|
550 ft²
|
$650,000
Studio
1 Bath
550 ft²
|
$700,000
+7.69%
02/01/2024
|
-
|
Jason Lee
Compass
| |
11/14/2023
|
1 Bed
|
1 Bath
|
886 ft²
|
$899,000
1 Bed
1 Bath
886 ft²
|
$910,000
+1.22%
06/10/2024
|
-
|
Nicole Grandelli
CORE Group Marketing, LLC
| |
10/19/2023
|
Studio
|
1 Bath
|
-
|
$670,000
Studio
1 Bath
|
$668,000
-0.30%
01/05/2024
|
-
|
Jason Lee
Compass
| |
10/09/2023
|
1 Bed
|
1 Bath
|
900 ft²
|
$895,000
1 Bed
1 Bath
900 ft²
|
$800,250
-10.59%
04/10/2024
|
-
|
Patrick Lilly
The Corcoran Group
| |
09/05/2023
|
2 Bed
|
2 Bath
|
1149 ft²
|
$1,325,000
2 Bed
2 Bath
1149 ft²
|
$1,325,000
11/09/2023
|
-
|
Joseph Somerstein
FirstService Realty NYC
| |
08/24/2023
|
1 Bed
|
1 Bath
|
737 ft²
|
$825,000
1 Bed
1 Bath
737 ft²
|
$760,000
-7.88%
07/23/2024
|
-
|
Jason Lee
Compass
| |
05/27/2022
|
Studio
|
1 Bath
|
-
|
$550,000
Studio
1 Bath
|
$550,000
08/15/2023
|
-
|
Mark G. Neary
Bank Neary Inc
| |
02/23/2022
|
Studio
|
1 Bath
|
485 ft²
|
$599,000
Studio
1 Bath
485 ft²
|
$599,000
05/10/2022
|
-
|
Jason Lee
Compass
| |
09/24/2021
|
1 Bed
|
1 Bath
|
-
|
$850,000
1 Bed
1 Bath
|
$850,000
01/13/2022
|
-
|
Thomas DiDomenico
The Corcoran Group
| |
09/13/2021
|
Studio
|
1 Bath
|
600 ft²
|
$650,000
Studio
1 Bath
600 ft²
|
$690,000
+6.15%
12/06/2021
|
-
|
Beau Nova
Charles Rutenberg, LLC
| |
07/23/2021
|
1 Bed
|
1 Bath
|
740 ft²
|
-
1 Bed
1 Bath
740 ft²
|
$950,000
10/15/2021
|
-
|
Jason Lee
Compass
| |
09/15/2020
|
1 Bed
|
1 Bath
|
755 ft²
|
$795,000
1 Bed
1 Bath
755 ft²
|
$700,000
-11.95%
01/27/2021
|
-
|
Clifford Marks
Halstead Property, LLC
| |
05/05/2020
|
1 Bed
|
1 Bath
|
741 ft²
|
$849,000
1 Bed
1 Bath
741 ft²
|
$829,000
-2.36%
06/24/2021
|
-
|
Daniel Critchett
Compass
| |
02/12/2019
|
2 Bed
|
2 Bath
|
1137 ft²
|
$1,430,000
2 Bed
2 Bath
1137 ft²
|
$1,225,000
-14.34%
02/06/2020
|
-
|
JoAnne Kao
Berkshire Hathaway HomeServices New York Propertie
| |
09/18/2018
|
Studio
|
1 Bath
|
485 ft²
|
$625,000
Studio
1 Bath
485 ft²
|
$625,000
01/01/2019
|
-
|
Cheng Liu
Level Group, Inc.
| |
11/03/2017
|
1 Bed
|
1 Bath
|
750 ft²
|
-
1 Bed
1 Bath
750 ft²
|
-
-
|
-
|
-
| |
09/25/2017
|
2 Bed
|
2 Bath
|
1161 ft²
|
$1,425,000
2 Bed
2 Bath
1161 ft²
|
$1,425,000
02/05/2021
|
-
|
Morgan Turkewitz
Compass
| |
07/30/2017
| |
1 Bed
|
1 Bath
|
750 ft²
|
-
1 Bed
1 Bath
750 ft²
|
-
-
|
-
|
-
|
05/12/2017
|
1 Bed
|
1 Bath
|
886 ft²
|
$950,000
1 Bed
1 Bath
886 ft²
|
$950,000
09/01/2017
|
-
|
Cynthia Crowley
Olshan Group LLC
| |
02/15/2017
|
1 Bed
|
1 Bath
|
-
|
$795,000
1 Bed
1 Bath
|
$866,000
+8.93%
05/22/2017
|
-
|
Scott Allison
Douglas Elliman Real Estate
| |
09/27/2016
|
Studio
|
1 Bath
|
485 ft²
|
-
Studio
1 Bath
485 ft²
|
$540,000
02/21/2017
|
-
|
Mariko DeCouto
The Corcoran Group
| |
09/13/2016
|
1 Bed
|
1 Bath
|
800 ft²
|
$900,000
1 Bed
1 Bath
800 ft²
|
$935,000
+3.89%
01/20/2017
|
-
|
Clea Kornel
Elliman
| |
02/12/2016
|
1 Bed
|
1 Bath
|
720 ft²
|
$855,000
1 Bed
1 Bath
720 ft²
|
$855,000
05/04/2016
|
-
|
Thomas DiDomenico
The Corcoran Group
| |
03/17/2015
|
2 Bed
|
2 Bath
|
1170 ft²
|
$1,380,000
2 Bed
2 Bath
1170 ft²
|
$1,380,000
02/05/2021
|
-
|
Yunjong Kim
Nest Seekers LLC
| |
05/23/2014
|
Studio
|
1 Bath
|
482 ft²
|
$579,000
Studio
1 Bath
482 ft²
|
$579,000
02/05/2021
|
-
|
Richard Goldberg
Noble Realty
| |
04/02/2014
|
Studio
|
1 Bath
|
482 ft²
|
$579,000
Studio
1 Bath
482 ft²
|
-
-
|
-
|
Richard Goldberg
Noble Realty
| |
02/24/2014
|
Studio
|
1 Bath
|
482 ft²
|
$339,000
Studio
1 Bath
482 ft²
|
$339,000
02/05/2021
|
-
|
Veronika Khen
Nest Seekers International
| |
09/21/2013
|
Studio
|
1 Bath
|
-
|
$475,000
Studio
1 Bath
|
-
-
|
-
|
Peggy K Wunderlich
Douglas Elliman Real Estate
| |
03/01/2013
|
1 Bed
|
1 Bath
|
-
|
$800,000
1 Bed
1 Bath
|
$800,000
02/05/2021
|
-
|
Leslie A Mintzer
Brown Harris Stevens
| |
09/21/2012
|
1 Bed
|
1 Bath
|
750 ft²
|
$650,000
1 Bed
1 Bath
750 ft²
|
$650,000
02/05/2021
|
-
|
Dylan Hildreth-Hoffman
Elliman
| |
10/21/2011
|
1 Bed
|
1 Bath
|
814 ft²
|
$751,000
1 Bed
1 Bath
814 ft²
|
$751,000
01/27/2012
|
-
|
Michael Weiss
Corcoran Group
|
Building Info

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