Hendrix House unshrouds and hits 70% sold in four months; See approachable listings in Kips Bay from $325K

By CityRealty Staff | From Future New York Tuesday, November 19, 2024

Hendrix House

Hendrix House stands out from other new developments for its focus on the hybrid work lifestyle with many of its layouts featuring “home office hot spots." After launching sales over the summer, the building is already 70% sold. Current availabilities start at $1.325 million for one-bedrooms and $1.75 million for two-bedrooms.

Occupancy is anticipated for next year and a recent site visit to the construction site shows that the construction netting is beginning to come down, bringing its sleek facade of curved corners, brick, and metal into view.

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Located at 250 East 25th Street, at the southwest corner of Second Avenue, the ground-up building takes its name from Hendrick Kip, a Dutch colonist who arrived in New Amsterdam in 1637 and settled along the East River on an inlet that would eventually be named Kips Bay. Over a century later, a property that once belonged to Hendrick’s brother Jacobus was leased as a quarantine facility for patients with yellow fever. The property later evolved into Bellevue Hospital, one of the medical institutions Kips Bay is well known for in the present day.

Hendrix House is led by the development firm New Empire Corp., whose New York City portfolio includes 208 Delancey Street on the Lower East Side, 14 Second Avenue in the East Village, The Neighborly and the recently launched Radiant in Long Island City, and the newly launched Centric in Woodside, Queens. Designed by DXA Studio, the development emphasizes elegant, bold, and minimalistic interiors tailored for residents seeking clean lines and a relaxed home environment.

Hendrix House interiors (CORE Group Marketing LLC)

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All 59 studio to two-bedroom units are reached via smart lock entry, and interiors feature floor-to-ceiling windows, eight-inch plank flooring, abundant closet space, and in-unit laundry. Kitchens come outfitted with pristine marble countertops, white lacquer cabinetry, and integrated appliances by Thermador and Bosch. Primary baths feature custom oak vanities, Bianco Sivec marble walls, and radiant heated flooring. The home office hot spots that brought the building to prominence come outfitted with precision millwork, a built-in shelving system, and a desk with soft-close drawers.

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Residents of Hendrix House arrive to a double-height lobby with access to a lounge and courtyard. A spiral staircase leads to a cellar-level coworking lounge and state-of-the-art fitness center with steam room and saunas. The building is topped with a roof terrace equipped with grills, dining areas, and lounge chairs.

Science Park and Research Campus (SPARC) Kips Bay (Credit: SOM)

Hendrix House is strategically positioned near the proposed Science Park and Research Campus (SPARC) Kips Bay, a $1.6 billion life sciences hub envisioned by the city and state government. The construction contract was announced in September 2024, and the first of two phases of construction is expected to begin in late 2025.

In addition to the hospitals and forthcoming life sciences hub, Hendrix House benefits from close proximity to Baruch College, Madison Square Park, critically acclaimed Gramercy restaurants, supermarkets like Fairway and Trader Joe's, and a robust nightlife scene on Third Avenue. Transportation options include the 23rd Street 6 train and the East 34th Street ferry terminal.

via Housing Manhattanites Report by Manhattan Borough President, Mark Levine

Kips Bay has also attracted attention in recent years amidst a growing scarcity of development sites in adjacent neighborhoods. In January 2023, Manhattan Borough President Mark Levine published a report envisioning rezoning the west side of Second Avenue between East 23rd and East 34th streets, potentially adding up to 942 residential units.

In the meantime, Kips Bay's central location and attainable prices for attractive apartments make it an appealing option for Manhattan buyers. Below, see a selection of recently listed apartments in Kips Bay and Gramercy.

Great apartment deals in Kips Bay

Hendrix House, #11C
$2,475,000

Gramercy Park | Condominium | 2 Bedrooms, 2 Baths | 986 ft²

Hendrix House, #11C (CORE Group Marketing LLC)

From the Listing: Residence 11C is a spacious and airy two-bedroom sanctuary filled with natural light pouring through floor-to-ceiling oversized windows. The open kitchen is a culinary masterpiece, featuring pristine marble countertops, a striking backsplash, and an island complemented by sleek white lacquer cabinets. Each home boasts a custom-designed office, meticulously crafted with precision millwork, an efficient shelving system, and a desk with soft-close drawers. See floor plan and full details here.

Kips Bay Towers, #12M
$1,500,000 (-16.7%)

Gramercy Park | Condominium | 3 Bedrooms, 2 Baths | 1,345 ft²

Kips Bay Towers, #12M (Compass)

From the Listing: Welcome to Residence 12M, a bright and spacious three-bedroom, two-bathroom home in the iconic I.M. Pei-designed Kips Bay Towers. Known for its large picture windows and private 3.5-acre park, this residence offers serene water views and north-facing exposures facing uptown and beyond. With its generous layout, the living room comfortably accommodates a sitting area, dining space, and even room for a grand piano. See floor plan and full details here.

Riverview East, #12F
$1,095,000

Gramercy Park | Cooperative | 2 Bedrooms, 2 Baths | 1,200 ft²

Riverview East, #12F (Brown Harris Stevens Residential Sales LLC)

From the Listing: This spacious, sunny, loft home with open concept living was converted from a 2-bedroom apartment. Enter and behold a wall of windows facing east with natural light. There are hardwood floors throughout, beautiful crown molding and five generous closets including two walk-ins. The apartment has eastern and southern exposures, a gracious living room with wall to wall windows, separate dining area, beautifully renovated kitchen with a center island, wood cabinets, granite countertops, stainless steel appliances and old tumbled stone backsplash. See floor plan and full details here.

330 Third Avenue, #2C
$1,000,000 (-9.1%)

Gramercy Park | Cooperative | 2 Bedrooms, 2 Baths | 1,100 ft²

330 Third Avenue, #2C (Brown Harris Stevens Residential Sales LLC)

From the Listing: Corner three-bedroom has an oversized northeast living/dining room, seven closets and 11 windows throughout. The walk-through windowed galley kitchen can be opened to make a dining counter, making it perfect for all your entertaining needs. The primary bedroom has a renovated en-suite bathroom. See floor plan and full details here.

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Eastlight, #3A
$985,000

Gramercy Park | Condominium | Studio, 1 Bath | 604 ft²

Eastlight, #3A (CORE Group Marketing LLC)

From the Listing: This generously proportioned 604-square-foot studio boasts a thoughtfully designed layout that elevates studio living to new heights. It features a separate, private alcove, akin to a one-bedroom, complete with a large walk-in closet, blending functionality with style. The clever design of the studio allows for ample and graceful living and dining spaces, enhanced by north-facing, floor-to-ceiling, soundproof windows that usher in a serene ambiance. See floor plan and full details here.

The East Side Townhouse, #6A
$975,000

Gramercy Park | Condominium | 2 Bedrooms, 2 Baths

The East Side Townhouse, #6A (Sothebys International Realty)

From the Listing: This inviting apartment with an open and airy layout includes a large living and dining area with a wood burning fireplace. The adjacent kitchen is well-appointed with modern appliances, granite countertops, ample storage and a breakfast counter that has a washer and dryer neatly tucked underneath. The primary bedroom is generously sized with double exposure, a large row of closets and plenty of room for a king-sized bed. See floor plan and full details here.

Coda Condominium, #5H
$975,000 (-17%)

Gramercy Park | Condominium | 1 Bedroom, 1 Bath | 748 ft²

Coda Condominium, #5H (Compass)

From the Listing: Boasting approximately 750 square feet of immaculately-designed living space, the H-line is the most coveted layout in the building, with the most silent and tranquil orientation overlooking the garden. The entry foyer leads to an open kitchen that is appointed with glossy white Italian lacquer cabinetry, honed marble counter tops and back splashes, an integrated Sub-Zero refrigerator and freezer, a Bosch gas cook top, ventilation hood, as well as a wall oven, microwave, and Bosch dishwasher. The generously proportioned living room is perfect for entertaining. See floor plan and full details here.

Gramercy Starck, #3K
$925,000

Gramercy Park | Condominium | 1 Bedroom, 1 Bath | 719 ft²

Gramercy Starck, #3K (Corcoran Group)

From the Listing: Experience luxury living in this exquisite one-bedroom residence at The Gramercy by Starck. This spacious home features floor-to-ceiling windows and dark oak wood floors. The kitchen is fully equipped with a Sub-Zero refrigerator, double freezer drawers, a Miele oven/cooktop, and a Fisher & Paykel drawer dishwasher. The large bathroom offers a spa-like retreat with a soaking tub and separate shower stall. See floor plan and full details here.

609 Second Avenue, #403
$889,000

Gramercy Park | Condominium | Studio, 1 Bath | 444 ft²

609 Second Avenue, #403 (Douglas Elliman Real Estate)

From the Listing: Residence 403 is a 444-square-foot studio residence that embodies luxury and modern sophistication. The living area features exquisite white oak hardwood flooring that imparts both warmth and smoothness. The chef's kitchen showcases Calacatta marble countertops amplified by sleek white lacquered cabinetry and rich Alpi wood accents. The bathroom is an oasis of tranquility, crafted to provide a spa-like sanctuary. See floor plan and full details here.

Victoria House, #8K
$849,000

Gramercy Park | Cooperative | 2 Bedrooms, 1 Bath

Victoria House, #8K (Douglas Elliman Real Estate)

From the Listing: Step inside this exceptional two-bedroom and be greeted by the spacious loft-like living room, complemented by a large dining area and exquisite hardwood floors that add a touch of elegance to the home. The open kitchen is a chef's delight, featuring granite counters, custom cabinets, and stainless steel appliances. The primary bedroom offers a serene retreat, comfortably accommodating a king-size bed and providing ample room for additional furniture. See floor plan and full details here.

The New York Towers, #8F
$799,000

Gramercy Park | Cooperative | 1 Bedroom, 1 Bath

The New York Towers, #8F (Compass)

From the Listing: Experience abundant light, expansive interiors, and your own private outdoor space in this stunning one-bedroom, one-bathroom co-op, located in a full-service building in the heart of Kips Bay. With tall ceilings, elegant moldings, and beautiful hardwood floors, this 850-square-foot residence makes a striking impression. The expansive living area stretches 31 feet from the foyer to a wide private terrace, providing ample space for both living and dining. A thoughtfully designed feature wall creates separation from the entryway and offers a perfect nook for a home office setup. See floor plan and full details here.

The Sycamore, #5B
$750,000 (-1.2%)

Gramercy Park | Condominium | 1 Bedroom, 1 Bath | 638 ft²

The Sycamore, #5B (Douglas Elliman Real Estate)

From the Listing: Highlights of Residence #5B include an airy and open layout with 10 windows providing both north and east exposures. The east exposures introduce exceptional sunlight and the windowed kitchen couple with generous proportions elegantly round off this 638-square-foot residence. See floor plan and full details here.

303 East 33rd Street, #10B
$750,000

Gramercy Park | Condominium | Studio, 1 Bath | 596 ft²

303 East 33rd Street, #10B (Elegran LLC)

From the Listing: You can have it all in this sleek modern oversized alcove studio with open city views offers crisp light all throughout the day. The modern kitchen is outfitted with high-end appliances by Liebherr and Bosch, bamboo cabinetry with a white recycled glass countertop. The serene bathroom is adorned with Bianco Dolomiti marble walls, quartzite tile flooring, glass mosaic accents, and fixtures by Kohler and Grohe. See floor plan and full details here.

Tracy Towers, #10D
$690,000

Gramercy Park | Cooperative | 1 Bedroom, 1 Bath

Tracy Towers, #10D (Compass)

From the Listing: With a beautiful recent renovation, this chic space needs nothing except you! The open kitchen, with a breakfast bar and stainless steel appliances, flows seamlessly to a grand living room in an entertainer's dream. Enjoy a king-sized bedroom with oodles of storage throughout! See floor plan and full details here.

The Chesapeake House, #14S
$650,000

Gramercy Park | Cooperative | 1 Bedroom, 1 Bath | 825 ft²

The Chesapeake House, #14S (Elegran LLC)

From the Listing: Oversized one-bedroom is spacious and provides both north and east exposure, providing generous light throughout the space. New flooring throughout the home. Large living room with great lighting and built-in entertainment unit. 14S has an oversized entry gallery with two massive closets, a grand space from which the apartment flows, into the bedroom with huge additional closets outside. See floor plan and full details here.

Kips Bay Towers, #9E
$650,000

Gramercy Park | Condominium | Studio, 1 Bath | 481 ft²

Kips Bay Towers, #9E (Compass)

From the Listing: Welcome to Kips Bay Towers, your urban oasis designed by the famous architect, I. M. Pei. This high-floor studio home offers generous living and dining space and presents a perfect blend of modern living and city convenience. With 481 square feet of thoughtfully designed space, this residence features 2.5 rooms, including a well-appointed renovated open kitchen with breakfast bar and generous dressing area adjacent to the renovated bath. See floor plan and full details here.

244 East 30th Street, #4B
$595,000 (-25.2%)

Gramercy Park | Cooperative | 2 Bedrooms, 2 Baths

244 East 30th Street, #4B (Douglas Elliman Real Estate)

From the Listing: This fully renovated 2-bedroom, 2-bath apartment features open, south facing views of the city and overlooking serene gardens in the rear of the building. Completely unobstructed, this open view allows for abundant natural sunlight all day! The second bedroom can be used as a nursery or home office. The large, partially opened kitchen features stainless steel appliances which include a five-burner range, dishwasher, undercabinet microwave and refrigerator. See floor plan and full details here.

The Foundry, #9J
$599,000

Gramercy Park | Condop | Studio, 1 Bath

The Foundry, #9J (Compass)

From the Listing: This impeccable home combines classic loft elements with smart, modern design and artful details. Featuring soaring 11-foot ceilings and a curved exposed brick wall, this spacious apartment features plenty of room for separate living, working and sleeping areas. With a wall of extra-large windows facing north, it is flooded with natural light and also offers an Empire State view. A detailed full renovation includes a wall of custom built-ins featuring a fantastic desk area and shelving. Cable/Internet provided for only $55 per month. See floor plan and full details here.

The Peter James, #5G
$580,000 (-5.7%)

Gramercy Park | Cooperative | 1 Bedroom, 1 Bath

The Peter James, #5G (Sothebys International Realty)

From the Listing: This bright, generously sized one-bedroom just north of Gramercy offers a gracious living space perfect for relaxing, entertaining, or working from home. Thoughtfully laid out, the home’s inviting entry foyer leads you to the grand living room with over-sized windows. Adjacent to the entertaining space is a charming galley kitchen, equipped with ample cabinet and counter space, as well as a dishwasher. See floor plan and full details here.

Spruce Ridge House, #8K
$550,000

Gramercy Park | Cooperative | 1 Bedroom, 1 Bath

Spruce Ridge House, #8K (Compass)

From the Listing: Open sky, beautiful treetops, and Empire State Building views welcome you into this spacious and well laid out one-bedroom home. At the entrance sits an enormous walk-in closet with a secondary closet that can be reimagined as a large pantry, just outside of the separate galley kitchen. The living area is gracious enough to have a dedicated dining room equipped with built in shelving in addition to a standard entertainment area. No board interview required. See floor plan and full details here.

The New York Towers, #11L
$550,000

Gramercy Park | Cooperative | 1 Bedroom, 1 Bath

The New York Towers, #11L (Compass)

From the Listing: This beautifully updated junior one-bedroom offers a perfect blend of comfort and style, ideally situated with an eastern exposure overlooking a serene courtyard. Step inside to discover modern white kitchen cabinetry, complemented by fresh new flooring that brightens the entire space. The cozy bedroom comfortably accommodates a queen bed, while the spacious living area provides ample room for a dining table, desk, and couch. The unit includes thermostatically controlled heating, air conditioning, and gas, all covered in the monthly maintenance. See floor plan and full details here.

324 East 30th Street, #4
$549,000 (-7.7%)

Gramercy Park | Cooperative | 1 Bedroom, 1 Bath

324 East 30th Street, #4 (CORE Group Marketing LLC)

From the Listing: Residence #4 is a charming floor-through apartment on the 4th floor with approximately 945 gross square feet. The very large living room has high ceilings, a working fireplace, exposed brick, three windows, detailed cornice molding, and wide-plank pine floors. The sunny south-facing bedroom connects to a separate home office/den. The kitchen and bathroom both have skylights. See floor plan and full details here.

The Penny Lane, #617
$549,000

Gramercy Park | Cooperative | 1 Bedroom, 1 Bath

The Penny Lane, #617 (Douglas Elliman Real Estate)

From the Listing: Discover this loft one-bedroom abode in the sought-after Penny Lane coop. The residence boasts a fully-equipped kitchen with a dishwasher. A generous foyer features a sizable closet and dining space. The living room, brightened by oversized windows, offers a southern exposure and includes a quaint Juliet balcony. Ascend to the lofted bedroom, accommodating a queen-size bed, dresser, and additional closet space. See floor plan and full details here.

240 East 30th Street, #5B
$499,000

Gramercy Park | Cooperative | 1 Bedroom, 1 Bath

240 East 30th Street, #5B (Compass)

From the Listing: This elegant and spacious one-bedroom sits on the top floor of a wonderfully maintained boutique co-operative in Kips Bay. As you enter the apartment, you are greeted by an expansive, airy apartment with original hardwood floors. The king-sized bedroom provides a tranquil retreat, offering ample space for relaxation and rest. The bathroom, thoughtfully renovated in 2016, features contemporary finishes and fixtures. See floor plan and full details here.

240 East 24th Street, #B
$486,750 (-2.5%)

Gramercy Park | Cooperative | 1 Bedroom, 1 Bath | 479 ft²

240 East 24th Street, #B (Compass)

From the Listing: This turnkey one-bedroom, one-bathroom co-op delivers impressive living space, great storage and a fantastic location in the heart of Kips Bay. A spacious foyer invites you into this bright and airy home paved with beautiful hardwood floors. The oversized living room provides a generous footprint for seating, dining and home office areas alongside large windows and treetop views. Cooks will love the windowed kitchen’s full-size appliances and abundant cabinet and counter space. See floor plan and full details here.

The Crystal House, #201
$399,000

Gramercy Park | Cooperative | Studio, 1 Bath

The Crystal House, #201 (Compass)

From the Listing: Experience Manhattan living at its finest in this spacious alcove studio ideally situated at the intersection of Gramercy, Kips Bay, and Flatiron. This oversized, renovated studio feels like a one-bedroom with its loft-like layout, with ample living space, featuring a windowed kitchen with stainless steel appliances, four deep closets with custom built-ins, and handsome parquet wood floors. See floor plan and full details here.

The Liberty, #2E
$325,000

Gramercy Park | Cooperative | Studio, 1 Bath

The Liberty, #2E (Compass)

From the Listing: As you step into Residence #2E, you’ll be immediately captivated by the spacious layout and quiet feel. The long entry foyer leads into the well-lit living space, with room for a queen-sized bed, couch, and additional furniture. This unit features a fully equipped kitchen with new appliances, dishwasher as well as a bathroom with a combined tub and shower. Hardwood flooring and ample closet space is provided for all your storage needs. No board approval required. Must be cash deal. See floor plan and full details here.

Riverview East, #21F
$295,000

Gramercy Park | Cooperative | Studio, 1 Bath

Riverview East, #21F (William Raveis New York City LLC)

From the Listing: Welcome to this stunning penthouse studio apartment with sweeping views of iconic landmarks including the Empire State and Chrysler Buildings! This apartment boasts a fantastic floorplan, with a graciously sized windowed kitchen with stainless steel appliances, hardwood floors, plenty of closets, and a separate nook which can be converted into a home office. See floor plan and full details here.

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In this article:

Great apartment deals in Kips Bay

Hendrix House, #11C
$2,475,000

Kips Bay Towers, #12M
$1,500,000 (-16.7%)

Riverview East, #12F
$1,095,000

330 Third Avenue, #2C
$1,000,000 (-9.1%)

Select which properties are of interest to you:

Eastlight, #3A
$985,000

The East Side Townhouse, #6A
$975,000

Coda Condominium, #5H
$975,000 (-17%)

Gramercy Starck, #3K
$925,000

609 Second Avenue, #403
$889,000

Victoria House, #8K
$849,000

The New York Towers, #8F
$799,000

The Sycamore, #5B
$750,000 (-1.2%)

303 East 33rd Street, #10B
$750,000

Tracy Towers, #10D
$690,000

The Chesapeake House, #14S
$650,000

Kips Bay Towers, #9E
$650,000

244 East 30th Street, #4B
$595,000 (-25.2%)

The Foundry, #9J
$599,000

The Peter James, #5G
$580,000 (-5.7%)

Spruce Ridge House, #8K
$550,000

The New York Towers, #11L
$550,000

324 East 30th Street, #4
$549,000 (-7.7%)

The Penny Lane, #617
$549,000

240 East 30th Street, #5B
$499,000

240 East 24th Street, #B
$486,750 (-2.5%)

The Crystal House, #201
$399,000

The Liberty, #2E
$325,000

Riverview East, #21F
$295,000

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Great apartment deals in Kips Bay

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