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Kips Bay Towers, 330 East 33rd Street

Between Second Avenue & First Avenue   |    Murray Hill

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Key Details

  • Condo
  • Built in 1961
  • 560 Apartments
  • 21 Floors
$1,447 Avg. Price / Ft2
$70 Avg. Price / Ft2
  • Size Avg. Price # Sold
  • STUDIO $491,333 3
  • 1 BED $865,000 2
  • 2 BEDS $999,999 1
  • Avg. Price based on 6 closings during past 12 months Last updated Apr 26, 2018
  • View all recent sales
$1,017 Avg. Price / Ft2

Overview

83

Kips Bay Towers, 330 East 33rd Street has received a CityRealty Rating of 83, based on:

 
Architecture

Anything above 30 is remarkable, from 20-29 is distinguished and from 11-19 is average, while below 11 is below average.

 
Location

Anything above 27 is remarkable, from 18-26 is distinguished and from 9-17 is average, while below 9 is below average.

 
Features

Anything above 22 is remarkable, from 16-21 is distinguished and from 9-15 is average, while below 9 is below average.

Rating Summary

33
Out of 44
+
29
Out of 36
+
13
Out of 39
+
8
=
83
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Very Distinguished 7 out of 8 points
Retail Quality:
None 2 out of 5 points
Canopy Entrance:
Dramatic 3 out of 3 points
Alterations:
None 2 out of 2 points
Plaza Or Atrium:
Very Attractive 3 out of 3 points
Contextual Design:
No, but Very Good 3 out of 3 points
Skyline:
Highly Visible 2 out of 2 points
Local Visibility:
Highly Visible 2 out of 2 points
Watertank:
Attractively Enclosed 2 out of 2 points
Airconditioners:
Discrete 1 out of 2 points
Free Standing:
Free Standing 2 out of 2 points
Gargoyles:
None 0 out of 2 points
Garden:
Attractive 2 out of 2 points
Fenestration:
Consistent 1 out of 1 points
Landmark:
No 0 out of 2 points
Unity:
Unified Design 1 out of 1 points
Illumination:
None 0 out of 1 points
Water Element:
None 0 out of 1 points

Location Rating: Points Breakdown

Street Ambience:
Very Attractive with Trees 4 out of 5 points
Distance To Neighborhood Center:
Less than 10 blocks 5 out of 5 points
Views:
Impressive 3 out of 4 points
Neighborhood Ambience:
Attractive 2 out of 3 points
Traffic Noise:
Considerable 1 out of 3 points
Protected Views:
Many 2 out of 2 points
Distance To Subway:
3-5 Short Blocks 1 out of 2 points
Firedepartment Noise:
No Noise 2 out of 2 points
Distance To Supermarket:
Less than 3 Short Blocks 2 out of 2 points
Distance To Park:
Less Than 3 Short Blocks 2 out of 2 points
Distance To Water:
3-6 Short Blocks 1 out of 2 points
Shopping:
5 or less Short Blocks 2 out of 2 points
Schools:
No Noise 1 out of 1 points
Noise From Nightlife:
None 1 out of 1 points

Features Rating: Points Breakdown

Lobby:
Spacious 4 out of 5 points
Units Per Floor:
More than 15 0 out of 5 points
Ceiling:
8-9 Feet 1 out of 4 points
Balconies:
None 0 out of 3 points
Health Club:
Yes 1 out of 2 points
Private Gardens:
Substantial 2 out of 2 points
Storage Rooms:
None 0 out of 2 points
Bay Windows:
None 0 out of 1 points
Fireplaces:
None 0 out of 1 points
Door Person:
Yes 1 out of 1 points
Concierge:
Yes 1 out of 1 points
Elevator Person:
None 0 out of 1 points
Recreational Roof:
None 0 out of 1 points
Driveway:
None 0 out of 1 points
Maids Room:
None 0 out of 1 points
Catering:
None 0 out of 1 points
Garage:
Yes 1 out of 1 points
Mixed Use:
No 0 out of 1 points
Non Rectilinear Form:
No 0 out of 1 points
Unusual Layouts:
No 0 out of 1 points
Prewar:
No 0 out of 1 points
Other Amenities:
Many 2 out of 2 points
  • #45 Rated condo - Midtown
  • #7 Rated condo - Murray Hill
How was this building rated?

To the north and west of "Hospital Alley" along First Avenue, the Kips Bay Plaza complex of two 21-story, slab residential towers is one of the first major projects designed by famous architect I. M. Pei in New York City.

Pei, then an architect with the Webb & Knapp development company headed by William Zeckendorf, collaborated with the architectural firm S. J. Kessler & Sons on the development.

The south tower was completed in 1960 and the north tower in 1966.

Their strict geometry is typical of much of his work: good, solid, clean-cut modernity with no frills. His firm's greatest fame lies in its later work such as the great East Wing of the National Gallery of Art in Washington, the new glass pyramid entrance to the Louvre Museum in Paris and the Bank of China tower in Hong Kong.

These two long buildings are parallel to, but offset from, one another and are placed horizontally, east-to-west, on the large, landscaped site. An earlier plan for the site, developed by the architectural firm of Skidmore, Owings & Merrill had called for six buildings, but Pei wanted fewer to create more open space.

Kip's Bay Plaza, as it was originally known, was a significant advance in residential planning in the city, however, as it was the first exposed concrete residential project. Its very high degree of fenestration is notable for providing apartments with very large picture windows. Moreover, Pei recessed the windows sufficiently from the façade to have the recesses qualify as balconies and thus eligible for subsidies from the Federal Housing Administration (FHA), which was critical for the project's economics.

The bold but repetitive façade patterning is more subtle than one would at first suspect as the columns become narrower at two levels as they have smaller loads to carry. The overall look is distinctly Miesian in its rectilinearity and sparseness, but the texture of the concrete adds an urban grittiness that has borne up well over the years.

Their look also bears the stamp, probably not intended, of Brutalism, a short-lived architectural style of the period that focused on "strength" and was typified by the strong indentations and roughness of the former Pan Am Building straddling Park Avenue and also Marcel Breuer's Whitney Museum and, much closer, the huge, boxy "New" Building of the NYU-Bellevue Medical Center (designed by Pomerance & Breines, Katz, Waisman, Weber, Strauss, Joseph Blumenkranz and Feld & Timoney) overlooking the FDR Drive.

A few years after Kips Bay, Pei would design a similar project south of Washington Square known as University Towers that is a better, and "softer," design that more closely resembles Le Corbusier's famous urban scheme of "towers in a park."

Pei initially was not interested in the project, but was "ordered" to do it by Zeckendorf, the legendary developer who eventually lost most of his great real estate empire. This project was subsequently taken over by Alcoa Properties.

These two towers, each 410 feet long, were converted to condominium use in 1981. The project originally had 1,136 apartments, but over the years some were combined and it now totals more than 800.

In their excellent book, "New York 1960, Architecture and Urbanism between the Second World War and the Bicentennial" (The Monacelli Press, 1995), Robert A. M. Stern, Thomas Mellins and David Fishman observed that Pei originally wanted to place a large sculpture by Pablo Picasso in the complex's park, but Zeckendorf gave him a choice of landscaping or the sculpture and Pei chose the former. He later got the Picasso sculpture at the University Towers project.

The complex is a bit sterile and bereft of art, yet it is a stark modernism that is relatively rare in the city. While its proportions are not perfect and it makes no gesture to relate contextually to its surroundings, it remains a handsome project whose neighborhood has subsequently become much more desirable.

The project followed by a few years in the wake of the also large "slab tower" project known as Washington Square Village, to the southeast of Washington Square Park, a development that is noted for its abundant use of bright colors on its long, balconied façades.

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Apts For sale at 330 East 33rd Street (2)

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Nearby Subway Stations

  1. 6
at Park Ave 0.40 miles

Carter Horsley's Review

Kips Bay Towers, 330 East 33rd Street Carter Horsley's Building Review
"To the north and west of "Hospital Alley" along First Avenue, the Kips Bay Plaza complex of two 21-story, slab residential towers is one of the first major projects designed by famous architect I. M. Pei in New York City." Read Carter's Full Review

The pros & cons

Pros
  • Architecturally distinguished
  • Large gardens
  • Driveway
  • Garage
  • Fitness center
  • Designed by I. M. Pei
  • Close to Hospital Alley
Cons
  • Many apartments
  • No roof deck
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Kips Bay Towers Video

Pricing Comparison of Similar Buildings

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Kips Bay Towers, 330 East 33rd Street - 10 year Sales History

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Kips Bay Towers, 330 East 33rd Street 12 Month Sales Summary

View By Apartment Sizes
Past 12 Months
$1,017
AVG Price / ft2, based on 6 Sales
 

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In the Neighborhood: What’s Available & Sales Stats

Not enough data available to generate chart.
  • 269 Available for Sale
  • $1,653 Avg. Price / Ft2
  • $1,885,848 Avg. Price
  • $1,495,000 Median Price
  1. Most Expensive 172 Madison Avenue Apt PHA | $14,000,000
    Price / ft2 $3,946
  2. Least Expensive 150 East 37th Street Apt 2D | $449,000
    Price / ft2 $1,240
Not enough data available to generate chart.
  • 161 Available for Rent
  • $64 Avg. Price / Ft2
  • $4,770 Avg. Price
  • $3,995 Median Price
  1. Most Expensive 71 Park Avenue Apt 10A | $17,500
    Price / ft2 $88
  2. Least Expensive 245 East 39th Street Apt 1A | $1,995
Data is based on sales from past 12 months and only transactions for which we have approximate square footage information available are included above
Not enough data available to generate chart.
  • 324 Total Sales
  • $1,397 Avg. Price / Ft2
  • $1,350,423 Avg. Price
  • $1,198,750 Median Price
  1. Most Expensive 172 Madison Avenue Apt 26A | $5,480,619
    Price / ft2 $2,554
  2. Least Expensive Kips Bay Towers Apt 2-F | $315,000
    Price / ft2 $663

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for more information Are you ready to tour Kips Bay Towers? Contact
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