Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,300,000

· Closed November 21, 2025

501 3RD Avenue #12E
Closed For Sale Condo

$1,300,000

$1,561 per sq ft

501 3RD Avenue #12E

Kips Bay, Manhattan

Eastlight

MLS® #RLS20008127

RLS at REBNY

Listing by Corcoran Group

1

Bedroom

1

Bath

833

Sq. Ft.

2022

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Living Area 833 sq ft
Year Built 2022
Ownership Condo
HOA/Common Charges $1,437/mo
Property Taxes Contact for details
Neighborhood Kips Bay
Floor 12 of 34

Property Highlights

  • Views: City, Park Greenbelt
  • Exposure: South,West facing
  • Climate Control: Central Air

Property Details

Type Condo
Ownership Condominium
Total Rooms 3
Baths 1 Full
Floor 12 of 34
View City, Park Greenbelt
Exposure South,West
Cooling Central Air
Pets Yes
Year Built 2022
Living Area 833 sq ft
Structure Type HighRise
Basement Other
Parcel # 0914-1056
Block/Lot 00914/0000

Listing History

Event Date Price Change
Listed Sep 10, 2025 $1,496,000 -
Price Reduced Nov 24, 2025 $1,350,000 -9.8%
Currently May 1, 2026 $1,300,000 -3.7%

Description

A magnificent one-bedroom residence at the coveted Eastlight Condominium, featuring an exceptional South/West corner position with breathtaking views from the building's cantilevered South facade. As you enter, you're greeted by a gracious foyer that flows seamlessly into an expansive, sunlit layout. The large windowed dining area is perfect for hosting, while the spacious living room, highlighted by floor-to-ceiling, sound-attenuated windows, soaks the space with natural light.
The bathroom features a large window that brings a touch of luxury to your daily routine, a Bosch stackable washer/dryer is conveniently located off of the foyer. With three closets throughout, there's ample storage for all your needs.
The residence boasts wide 7" white oak plank flooring with a matte finish, satin nickel door hardware, 9" ceilings, and customized blackout shades for every window. The open-concept kitchen is a chef's dream, with custom oak cabinetry, white marble countertops and backsplash, and top of the line Miele appliance package. The kitchen is completed with a sleek stainless steel sink and Kohler fixtures in a sophisticated titanium finish, as well as an in-sink garbage disposal.
The primary bathroom exudes elegance, featuring honed Dream White marble tiles on the walls and vanity counter, with Cinderella Grey marble flooring. A custom white oak vanity and Kohler fixtures creates a timeless look, complemented by a custom mirrored medicine cabinet with oak surround.
Eastlight is a full-service, luxury doorman building offering a suite of high-end amenities on the 34th floor, including a panoramic fitness center, private training studio, residents" lounge, game room, private dining room, and an exclusive outdoor roof terrace with stunning views.
Located in the heart of prime Kips Bay, Eastlight is just steps from the 6 train, Grand Central, and crosstown buses. Enjoy easy access to Whole Foods, Trader Joe's, AMC Theaters, Target, and a vibrant selection of restaurants and shops.
Don't miss your chance to own this extraordinary residence in one of Manhattan's most desirable buildings and neighborhoods.

Features & Amenities

Interior Features

Building Other Washer Hookup In Unit

Exterior Features

Private Outdoor Space Under60 Sqft

Building Amenities

Elevators

Appliances

Washer Dryer Allowed

Building Information

Building Eastlight
Building Data View Compliance & Permits
Total Units 144
Stories 34
Structure HighRise

Financial Details

Common Charges $1,437/mo
RE Taxes Contact for details
Original Price $1,496,000
Sale Price $1,300,000
Previous Price $1,350,000

Kips Bay is a relaxed and highly convenient residential neighborhood located on the East Side of Manhattan. Known for its mix of mid-century high-rises and historic brick townhouses, it offers a more approachable price point than its neighbors to the north and south. Residents enjoy proximity to the East River Esplanade, a variety of local dining options, and easy access to the city's major medical centers and Midtown business hubs.

Kips Bay Live Market Data

View Neighborhood

Active Listings

131

Median Asking Price

$850K

Median $/Sqft

$1,471

Avg Days on Market

N/A

New This Week

6

Price Reduced

30%

Sold (30 Days)

18

Median Sale Price

$793K

Live data from RLS at REBNY • Updated 5/1/26, 6:29 AM EST

Similar Listings in Kips Bay

View All

Location

Loading map...

501 3RD Avenue #12E, Kips Bay, New York County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

2020
Year Built
6 years old
31
Floors
144
Residential Units
C1-9
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $21,511,497
Land Value: $2,718,002
Exemptions: $0

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 5,604 SF
Building Area: 105,251 SF
Built FAR: 18.78
Allowed FAR: 10

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed common charges are $1,437 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 1 bedroom and 1 full bathroom.

The listed interior living area is 833 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 2022, making it approximately 4 years old.

This listing is a condominium. Buyers receive a deed to their individual unit and own their space outright, subject to condo association rules.

Pets are permitted at this property: -,Building Pets Allowed Comments:-. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $1,300,000 for 833 sq ft, the asking price per square foot is approximately $1,561. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or mcoste@kwnyc.com. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS20008127
First Listed: 3/10/2025
On Market: 9/10/2025
Price Changed: 11/24/2025
Closed: 11/21/2025
Contract Date: 3/10/2025

Listing Courtesy of Corcoran Group - Darren J Kearns

Listing Contact: (917) 826-3008

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 5/1/2026 at 10:29 AM UTC

Buying a Condo? Start Here

Co-op vs. Condo: Which Is Right for You?

Ownership structure, board approval, financing: the full comparison.

Read article

Condo Due Diligence Checklist

What to review before signing: financials, reserve fund, offering plan.

Read article

How to Read a Condo Offering Plan

Decode the offering plan before you commit to any new development.

Read article

NYC Mansion Tax: 2026 Guide

How the tiered mansion tax works for purchases over $1M.

Read article

Interested in this property?

Your info is secure and never shared.

View Active Listings Call Milton