Listing Courtesy of Sothebys International Realty
$529,000
Potential Rebate: $7,935
Perched on a high floor with rare, wide-open western views, this beautifully renovated alcove studio is a true standout — bathed in natural light all day and offering exceptional flexibility of space. The expansive layout includes a generous sleeping alcove that easily fits a queen-sized bed and can be enclosed to create a true Junior 1-bedroom. The open living area is framed by skyline views and features warm hardwood floors throughout as well as a through-the-wall air conditioner.
The apartment has a stylishly renovated kitchen with sleek finishes, dishwasher and ample counter space, perfect for both quiet nights and casual entertaining. The bathroom has also been tastefully updated with modern fixtures and a clean, contemporary design. Storage will never be an issue — this home boasts an abundance of closet space, including a walk-in closet at the entryway and multiple additional closets throughout.
Tracy Towers is a full service, pet-friendly building with full-time doorman, live-in building manager, laundry facilities, and building storage. A beautifully landscaped roof deck with city views, private seating areas and vegetable garden is perfect for those looking for a bit of outdoor space in the heart of the bustling Kips Bay neighborhood. Tracy Towers permits co-purchasing, subletting, gifting and pied-a-terres. There is a monthly assessment of $118.61 until October 31, 2028
Kips Bay is the most convenient of neighborhoods, nestled right between Midtown, Gramercy Park, Murray Hill and Nomad with the 6, N/R/W, and L trains nearby. It is bustling with local restaurants, shops and parks, plus Trader Joe’s, Target and Fairway. In addition, right on the block, you have the most adorable privately owned coffee shop and The New York Comedy Club as well!
$3,887 per month
30 year fixed, 6.28% Interest
One-time rebate at closing
$7,935
Monthly savings impact
$22/mo
💡 Estimated at 1.5% of purchase price
The rebate is paid to you at closing and can help offset closing costs or other expenses.
Calculator Disclaimer: This calculator provides estimates for informational purposes only. Actual monthly payments, interest rates, taxes, and rebate amounts may vary. The rebate calculation is an estimate and subject to final terms. This information is not provided by the Real Estate Board of New York (REBNY).
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RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and for no listing shall the number of bedrooms listed be considered a legal conclusion.
The Real Estate Rebate Team
Listing Courtesy of Sothebys International Realty
Data Source: TRESTLE #RLS20030820

Compare average listing prices and value metrics for Tracy Towers against the surrounding Kips Bay market.
than the Kips Bay price-per-sq-ft average
Units in this building are listed below the neighborhood average, potentially offering better value per square foot compared to surrounding properties.
Kips Bay is a practical, residential neighborhood dominated by medical institutions (NYU Langone).
\nPost-war high-rises and condos. Often offers better value/space than Murray Hill or Gramercy.
\nDoctors, nurses, and recent grads. It is functional and convenient. Fairway Market is a hub.
\n6 train at 28th/33rd. 2nd Ave subway is not here yet. Ferry at 34th St.
\nEast River Esplanade. AMC Kips Bay theater.
\nBest for medical professionals and renters looking for value.

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