Last updated on Apr 30, 2026

Carmel Place,
335 East 27th Street

This 9-story building in Kips Bay contains 55 micro apartments ranging from 260 to 360 square feet, with 22 affordable units and the rest renting for $3,000 a month. The building was designed by Narchitects and built by Monadnock Development LLC and Actors Fund Housing Development Corporation, featuring modular units manufactured at the Brooklyn Navy Yard.

Overview of Carmel Place at 335 East 27th Street

Carmel Place is a 9-story building located at 335 East 27th Street in Kips Bay, completed in 2015. This innovative structure features 55 micro apartments, ranging from 260 to 360 square feet, with 22 units designated as affordable housing. The building was designed by Narchitects, led by Eric Bunge and Mimi Hoang, and constructed by Monadnock Development LLC and Actors Fund Housing Development Corporation. It was recognized as a winning entry in the city’s adAPT micro-apartment design competition, showcasing a modern approach to urban living.

The building's modular units were manufactured at the Brooklyn Navy Yard and assembled on-site, creating a unique architectural presence in the area. Residents benefit from a variety of amenities, including a gym, community room, bicycle storage, and a rooftop terrace with stunning views. The design emphasizes functionality, with shared kitchenettes on each floor and communal spaces that foster a sense of community among residents.

Apartments in Carmel Place feature 9-foot-8-inch ceilings, wheelchair-accessible bathrooms, and Juliet balconies with glass guardrails. Kitchens are equipped with fold-down tables, pull-out pantries, and full-size refrigerators, while each unit includes a 16-foot-long overhead loft storage space. The building's modern aesthetic is complemented by sleek interior finishes, including Italian cabinetry and stainless steel appliances, making it an attractive option for those seeking a compact yet stylish living space in New York City.

Carmel Place is ideally situated near dining, shopping, and nightlife, enhancing the urban living experience. The building's commitment to innovative design and community-oriented amenities positions it as a noteworthy addition to the Kips Bay neighborhood.

Doorman

None

Type

Rental

Year Built

2016

Apartments

55 (view all units)

Floors

Neighborhood

Murray Hill (Manhattan)

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Amenities

Post War
Resident Storage
Garden
Rooftop Terrace
Video Intercom
Elevator
Lounge
Fitness Center
Courtyard
Laundry Room
Bike Room
Game Room
Terraces / Balconies

Area Map StreetView

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at Park Ave 0.42 miles

Pros & Cons

Gym
Garden
Roof terrace
Bicycle room
Lounges
Shared kitchenettes on some floors
Community room
16-foot loft storage in apartments
Fold-up beds
Pull-out pantries
Pull-out kitchen tables

Small apartments
No garage
No doorman

CityRealty Rating

/44

Architecture

/36

Location

/39

Features

Editor’s Points

CITYREALTY
RATING

How is the CityRealty Rating calculated?
Architecture

30+ remarkable

20-29 distinguished

11-19 average

< 11 below average
Location

27+ remarkable

18-26 distinguished

9-17 average

< 9 below average
Features

22+ remarkable

16-21 distinguished

9-15 average

< 9 below average
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Building Management

More about First Service Residential

Pricing Comparison of Similar Buildings

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Editorial Coverage

Alternate Addresses

337 East 27th Street
339 East 27th Street
Ollie at Carmel Place

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RLS IDX Data display by CityRealty.com, LLC. This 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. 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.

All closed sales data has been provided by the New York City Department of Finance via the Automated City Register Information System (ACRIS). No warranty or representation is made as to the accuracy of any data provided by ACRIS or any other sources.

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An equal housing opportunity

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Carmel Place,335 East 27th Street

Overview of Carmel Place at 335 East 27th Street

Maps &3D Aerial Views

Amenities

Pros & Cons

CityRealty Rating

How is the CityRealty Rating calculated?

Building Management

Pricing Comparison of Similar Buildings

Editorial Coverage

Alternate Addresses

Search

Market Data

Market Insight

CityRealty

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Carmel Place,
335 East 27th Street

Maps &
3D Aerial Views