Updated 5 Hours Ago
Location
587 1st Ave #3R, New York, NY 10016, USA|Kips Bay
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Amenities for 587 1st Ave #3R, Kips Bay
Apartment Amenities
| Hardwood Floor | Natural Gas |
Building
| Exterior Type: Brick | Fitness Center |
| Four Floors | Onsite Laundry |
Other
| Hot Water Heating | Three Rooms |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Dog Policy
Not allowed
Cat Policy
Not allowed
No pets allowed.
Questions about this property’s policies and fees?
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About 587 1st Ave #3R
Sweet deal!
This listing is 30% below the median price for 1 bedroom apartments in Kips Bay.
Property Status: Active You've dreamed of living in the heart of the city - without a roommate, right? Here's your opportunity to have a place of your own, within your budget. This newly updated one-bedroom apartment has everything you need to make this home. Your living room has hardwood floors, is very roomy (13.50' * 9'), and has a window that lets the sun pour in. The separate kitchen has a ceramic tile floor, beautiful white cabinets (lots of them) with black granite counters, a deep stainless steel sink, and stainless steel appliances (oven, microwave, and refrigerator). The kitchen is finished in white subway tiles for a sleek, modern look that's easy to keep clean. The bedroom is very bright and can fit a queen-size bed (11' * 11.75') plus a dresser and nightstand. There's also a large double-door closet and two sunny windows! The bathroom has enough elbow room to make getting ready in the morning (or at night), nice and easy. The ceramic tile floor is beautifully complemented by the modern tiled walls. There's a stall shower (sorry, no bathtub) and a great rainfall showerhead situated on the ceiling! The location is fantastic. You're right on the corner of 34th Street and First Avenue in Kips Bay. Starbucks is right outside the building, along with some other great food choices. You're within walking distance of Fairway, Trader Joe's, Crunch Gym, NYSC, and Grand Central Station. The crosstown M34 and M34A buses will get you quickly to the Westside (Penn Station), the East River Ferry is one block away, the 4 and 6 trains are on Park and 33rd, FDR Drive and so much more. You can drop your laundry off around the corner and have it washed, dried, and folded with same-day service for just $1/pound. Otherwise, there's a laundromat on 33rd and 3rd Ave. NYU Langone is across the street, and the United Nations is straight up First Avenue. Sorry, no pets. Office Phone: (917) 502-2635 Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Address details
| Neighborhood | Kips Bay |
|---|---|
| Zip code | 10016 |
| Type | Apartment for rent |
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Rent trends in Kips Bay
1-bedroom apartments at 587 1st Ave #3R cost about 30% less than the average rent price for 1-bedroom apartments in New York.
Median rents as of Sep 12 2026.
Kips Bay
New York
| Month | Median Rent |
|---|---|
| September 2024 | $4,500 |
| October 2024 | $4,500 |
| November 2024 | $4,340 |
| December 2024 | $4,198 |
| January 2025 | $4,274 |
| February 2025 | $4,317 |
| March 2025 | $4,475 |
| April 2025 | $4,614 |
| May 2025 | $4,617 |
| June 2025 | $4,574 |
| July 2025 | $4,360 |
| August 2025 | $4,392 |
| September 2025 | $4,481 |
| October 2025 | $4,398 |
| November 2025 | $4,299 |
| December 2025 | $4,286 |
| January 2026 | $4,285 |
| February 2026 | $4,280 |
| March 2026 | $4,374 |
| April 2026 | $4,533 |
| May 2026 | $4,662 |
| June 2026 | $4,651 |
| July 2026 | $4,540 |
| August 2026 | $4,510 |
| September 2026 | $4,571 |
| Month | Median Rent |
|---|---|
| September 2024 | $4,250 |
| October 2024 | $4,395 |
| November 2024 | $4,307 |
| December 2024 | $3,923 |
| January 2025 | $4,003 |
| February 2025 | $4,206 |
| March 2025 | $4,449 |
| April 2025 | $4,392 |
| May 2025 | $4,358 |
| June 2025 | $4,328 |
| July 2025 | $4,179 |
| August 2025 | $4,375 |
| September 2025 | $4,682 |
| October 2025 | $4,529 |
| November 2025 | $4,312 |
| December 2025 | $4,471 |
| January 2026 | $4,814 |
| February 2026 | $4,865 |
| March 2026 | $4,634 |
| April 2026 | $5,298 |
| May 2026 | $4,689 |
| June 2026 | $4,705 |
| July 2026 | $4,562 |
| August 2026 | $4,717 |
| September 2026 | $4,650 |
Affordability calculator
Can I afford to live at 587 1st Ave #3R?
Bedrooms
1 bedroomRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$128,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $128,000 annually to afford this 1-bedroom monthly rent price of $3,200.
For more information on rent affordability, visit our rent calculator.
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| Bath | |||||
|---|---|---|---|---|---|
| 7 years ago | $4,425 | 2 bed | 1 bath | ||
| 9 years ago | $3,295 | 2 bed | 1 bath | ||
| 9 years ago | $3,295 | 2 bed | 1 bath | ||
| 9 years ago | $3,295 | 2 bed | 1 bath | ||
| 10 years ago | $7,700 | 2 bed | 1 bath | ||
| 13 years ago | $1,995 | 1 bed | 1 bath | ||
| 13 years ago | $1,995 | 1 bed | 1 bath |
Schools near 587 1st Ave #3R
The River School
425 e 35th st
new york, NY, 10016
PK, K-5Public
A
P.S. 116 - Mary Lindley Murray
210 e 33rd st
new york, NY, 10016
PK, K-5Public
A-
The 47 American Sign Language & English Lower School
223 e 23rd st
new york, NY, 10010
PK, K-8Public
A-
P.S. 226M
345 e 15th st
new york, NY, 10003
PK, K-12Public
P.S. 212 - Midtown West
328 w 48th st
new york, NY, 10036
PK, K-5Public
A
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Internet available near 587 1st Ave #3R
Neighborhood
Kips Bay | New York, NY
Getting around New York near 587 1st Ave #3R
Walking
9/10
No car? No problem. Everything you need is within a few blocks.
Driving
7/10
This area is close to freeways and has adequate parking options.
Cycling
7/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
10/10
Getting around is a breeze; rapid transit and bus lines are a few blocks away.
Points of interest for 587 1st Ave #3R, New York
Groceries
10/10
Exceptional variety of groceries within a few minutes' walk
Shopping
10/10
Exceptional variety of shops within a few minutes’ walk
Cafes
10/10
Exceptional variety of cafés within a few minutes’ walk
Restaurants
10/10
Exceptional variety of restaurants within a few minutes’ walk
Primary schools
10/10
At least one elementary school within a 5-minute walk
High schools
8/10
At least one high school within a 10-minute walk
Parks
8/10
Very large amount of park space within a few minutes' walk
Nightlife
10/10
Exceptional variety of bars right within a few minutes’ walk
Explore the area around 587 1st Ave #3R
Marche Madison
630 1st Ave
Baker's Recovery LLC
236 E 36th St
Trader Joe's
200 E 32nd St
Lidl
460 3rd Ave
Gristedes
748 2nd Ave
Clothing Closet
333 E 30th St
Flyingneedlegallery.com
247 E 33rd St
Koda Hats
340 E 29th St
Target
512 2nd Ave
Reverence Apparel
225 E 36th St
Starbucks
591 1st Ave
Charlotte Cafe
605 2nd Ave
Juice Press
222 E 34th St
Proof Coffee Roasters
335 E 27th St
Birch Coffee
432 3rd Ave
Hole in the Wall
445 E 35th St
Albion
575 2nd Ave
Garlic New York Pizza Bar
629 2nd Ave
Babylon Hookah Lounge
208 E 34th St
Blue Haven East
493 3rd Ave
Breads Bakery-NYU Langone
550 1st Ave
Plant to Table Inc
303 E 33rd St
Charlotte Cafe
605 2nd Ave
Gourmet Tech
630 1st Ave
Cafe Delicious
491 1st Ave
Joseph Slifka Park
Park
Playground
Saint Vartan Park playground
Park
NY Bagels & Cafe
587 1st Ave
Panini Tozt
589 1st Ave
Starbucks
591 1st Ave
The Gyro Project
593 1st Ave
Sophie's Cuban Cuisine
593 1st Ave
E 34 St / 1 Av
East Side - Javits Center
E 34 St / 1 Av
East Side - Javits Center
1 Av / E 31 St
East Harlem - South Ferry
1 Av / E 34 St
East Harlem - South Ferry, East Harlem - South Ferry
Ferry Terminal / FDR Dr
East Side - Javits Center
Grand Central
Danbury, Harlem, Hudson, New Canaan, New Haven
Grand Central
Port Washington Branch, Ronkonkoma Branch, Long Beach Branch, West Hempstead Branch, Babylon Branch, Long Beach Branch, Ronkonkoma Branch, Port Jefferson Branch, Babylon Branch, West Hempstead Branch, Hempstead Branch, Far Rockaway Branch, Babylon Branch, Far Rockaway Branch, Hempstead Branch, Long Beach Branch, Port Jefferson Branch, Port Washington Branch, Ronkonkoma Branch, West Hempstead Branch, Port Jefferson Branch, Port Washington Branch, Hempstead Branch, Far Rockaway Branch
Long Island City
Montauk Branch, Oyster Bay Branch, Port Jefferson Branch
Long Island City
Montauk Branch, Montauk Branch, Port Jefferson Branch, Oyster Bay Branch, Port Jefferson Branch, Oyster Bay Branch
NEW YORK PENN STATION
Montclair-Boonton Line, Morris & Essex Line, Gladstone Branch, Northeast Corridor, North Jersey Coast Line, North Jersey Coast Line, Raritan Valley Line
33 St
Lexington Avenue Express, Lexington Avenue Local, Pelham Bay Park Express, Lexington Avenue Express, Lexington Avenue Local, Pelham Bay Park Express
28 St
Lexington Avenue Express, Lexington Avenue Local, Pelham Bay Park Express, Lexington Avenue Express, Lexington Avenue Local, Pelham Bay Park Express
Grand Central-42 St
Flushing Local, Flushing Express, Flushing Local, Flushing Express
Grand Central-42 St
Lexington Avenue Express, Lexington Avenue Express, Lexington Avenue Local, Pelham Bay Park Express, Lexington Avenue Express, Lexington Avenue Express, Lexington Avenue Local, Pelham Bay Park Express
23 St
Lexington Avenue Express, Lexington Avenue Local, Pelham Bay Park Express, Lexington Avenue Express, Lexington Avenue Local, Pelham Bay Park Express
Other units at this address
587 1st Avenue, New York, NY
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Furnished
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Hardwood Floor • Air Conditioning • High Ceilings
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