Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
501 3RD Avenue #6E
Interested in this property?
Active For Sale Condo

$1,290,000

$1,600 per sq ft

501 3RD Avenue #6E

Kips Bay, Manhattan

Eastlight

MLS® #RLS20069781

RLS at REBNY

Listing by Christies International Real Estate Group LLC

1

Bedroom

1

Bath

806

Sq. Ft.

2022

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Living Area 806 sq ft
Year Built 2022
Ownership Condo
HOA/Common Charges $1,393/mo
Property Taxes Contact for details
Neighborhood Kips Bay
Floor 6 of 34

Property Highlights

  • Views: City Lights, City
  • Exposure: North,West facing
  • Climate Control: Central Air

Property Details

Type Condo
Ownership Condominium
Total Rooms 3
Baths 1 Full
Floor 6 of 34
View City Lights, City
Exposure North,West
Cooling Central Air
Pets Yes
Year Built 2022
Living Area 806 sq ft
Structure Type HighRise
Basement Other
Parcel # 0914-1020
Block/Lot 00914/1020

Listing History

Event Date Price Change
Listed Feb 2, 2026 $1,388,000 -
Currently May 8, 2026 $1,290,000 -7.1%

Description

Upgraded E Line Residence with Owner Enhancements Beyond Sponsor Finishes

Residence 6E at 501 Third Avenue is a sun filled one bedroom home with wall to ceiling windows, excellent proportions, and a highly efficient layout.

A defined entry foyer with generous custom built storage creates a true sense of arrival and separation from the expansive living and dining room, where abundant natural light pours in throughout the day. Additional pantry and bedroom storage has been thoughtfully enhanced, resulting in excellent functionality rarely found in a one bedroom residence.

The current owner purchased directly from the sponsor in 2023 and has since made meaningful upgrades throughout the residence, elevating the home well beyond the building's original sponsor finishes.

The open chef's kitchen is seamlessly integrated into the living space and features sleek European style high gloss cabinetry, Cambria Quartz countertops with a matching backsplash, Miele stove, original sponsor appliances, and well designed storage solutions for everyday living. The home is also equipped with a Bosch washer dryer.

The bedroom comfortably accommodates a queen or king sized bed and benefits from improved closet organization.

The bathroom has been completely remodeled from a tub configuration to a walk in shower with upgraded tile finishes, a new vanity, built in shelving, upgraded lighting, and a pocket door for improved flow.

Additional highlights include refinished floors, Aura paint throughout, in unit washer dryer, and motorized shades, including solar shades in the living room and blackout shades in the bedroom.

501 Third Avenue is a full service condominium offering a twenty four hour concierge, fitness center, residents lounge, and a prime Midtown location near Grand Central, Bryant Park, and multiple transportation lines.

Features & Amenities

Interior Features

Building Other Washer Hookup In Unit

Exterior Features

Building Roof Deck Private Outdoor Space Over60 Sqft

Building Amenities

Game Room Kitchen Facilities

Appliances

Washer Dryer Allowed

Building Information

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

Financial Details

Common Charges $1,393/mo
RE Taxes Contact for details
Original Price $1,388,000
Previous Price $1,388,000

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

130

Median Asking Price

$847K

Median $/Sqft

$1,450

Avg Days on Market

N/A

New This Week

6

Price Reduced

30%

Sold (30 Days)

21

Median Sale Price

$793K

Live data from RLS at REBNY • Updated 5/8/26, 4:57 PM EST

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Location

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501 3RD Avenue #6E, 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 $1,393 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 806 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. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $1,290,000 for 806 sq ft, the asking price per square foot is approximately $1,600. 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: RLS20069781
First Listed: 2/2/2026
On Market: 2/2/2026
Price Changed: 4/5/2026
Contract Date: 2/2/2026

Listing Courtesy of Christies International Real Estate Group LLC - Geoffrey Gottlieb

Listing Contact: (516) 551-2517

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 5/8/2026 at 8:57 PM UTC

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