Kips Bay Court

Summary

Kips Bay Court combines attended service with renovated courtyards, a gym and resident lounges across eight buildings. Staff and quick routine repairs receive strong praise. Laundry is shared, and residents describe a less consistent experience with heating, construction noise and larger apartment problems.

894 unitsBuilt 1975Managed by Beam Living

Reviews

Residents repeatedly praise the front desk, package staff and routine maintenance. Longer accounts also describe heating problems, renovation disruption and variable apartment condition.

What residents praise

Helpful front desk and repair staff

Staff are repeatedly praised for remembering residents, helping with packages and handling routine repairs promptly.

Improved shared spaces

Residents like the renovated courtyards, gym and lounges, with places to exercise or spend time outside the apartment.

What residents complain about

Heating and apartment condition vary

Some residents describe cold apartments, recurring appliance problems or pests that take more follow-up than routine repairs.

Renovations can be disruptive

Drilling and temporary laundry closures feature in resident accounts from the renovation period. Ask what work is planned for the building you would occupy.

Amenities

Kips Bay Court is an eight-tower Manhattan complex with 24-hour doormen, a laundry room in every building, standard dishwashers and built-in air conditioning. Landscaped courtyards, an underground garage and a smart package room round it out; the fitness center requires a paid membership.

In the apartment
Built-in air conditioning
Dishwasher
In the building
24-hour doorman
Elevator
Fitness center*
Pool
Not available
Shared outdoor space
On-site parking
Package service
Resident storage
Shared laundry

* Fees apply to marked amenities. See Costs in the Availability tab.

Also here: Bike storage · On-site Target · Three resident lounges · URBN Playground concierge services · On-site dry cleaner and wash-and-fold · Community events

Location

Kips Bay Court is located at 490 2nd Avenue, New York, NY 10016. Second Avenue puts Target, buses and the medical district nearby. Subway access involves a longer walk than at buildings closer to Park Avenue.

  • 7 min
    28 St6
  • 11 min
    33 St6
  • 12 min
    23 St-Baruch College6
  • 13 min
    28 StRW
  • 15 min
    23 StRW
  • 15 min
    3 AvL

Building records

The housing-complaint rate is below that of comparable buildings, with noise and heating prominent in the reports. Open mold and floor violations make apartment condition worth checking, alongside potential disruption from alterations on the property.

Reported housing complaintsPast 3 years

Reported housing complaints
Housing-related reports submitted to NYC 311 by residents or the public. A report describes a reported issue, not a confirmed violation.

12.9 reports per 100 apartments, versus 28.8 for other comparable apartment buildings in New York.

CategoryReportsLatest
29
Jun 2026
17
Mar 2026
11
Jun 2026

HPD housing-code violationsPast 3 years

HPD housing-code violations
Housing-code violations issued by NYC’s Department of Housing Preservation and Development after an inspection. Routine administrative filings and notices are excluded.
ConditionCitationsStatus
18
3 open
8
3 open
19
1 open

Construction nearby

Construction nearby
Construction projects on or near this building with active work permits.
ProjectDistanceLatest permit
On buildingJun 2026

Rent history

One-bedroom rents and sizes are close to the Kips Bay median. Two-bedrooms tend to cost less but also offer less space, making the layout worth comparing.

Typical rents

Typical rents
Final asking rents from listings that ended in the past year, compared with the same apartment size across buildings in Kips Bay.
Studio
$4,125median / mo
+4% vs area
$3,824$4,818493 sq ft · same size as area
1 bed
$5,059median / mo
+2% vs area
$4,187$6,459670 sq ft · same size as area
2 beds
$6,309median / mo
−6% vs area
$5,302$9,153762 sq ft · 13% smaller than area
3 beds
$8,198median / mo
−3% vs area
$6,852$9,500954 sq ft · same size as area
4 beds
$11,339median / mo
$9,200$12,3291,255 sq ft median

Concessions

Historical concessions
Free-rent offers on listings that ended in the past year, including listings with no offer.

No free-rent offers appeared in the past year’s listings.

Similar buildings

Gramercy Park
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Compare for a much larger landscaped community with more outdoor recreation and a different range of apartment layouts.

Hudson Yards
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From $4,510 studio · 5 listings

A newer tower alternative with in-unit laundry and extensive shared work and fitness spaces.