Updated 15 Hours Ago
Location
589 1st Ave #1, New York, NY 10016, USA|Kips Bay
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Property Overview
This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Less expensive- Elementary school nearby
Great for
Eco living
Social life
Amenities for 589 1st Ave #1, Kips Bay
Apartment Amenities
| Hardwood Floor | Natural Gas |
Building
| Exterior Type: Brick | Fitness Center |
| Onsite Laundry |
Grounds
| Storage |
Other
| Hot Water Heating | Two 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.
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REQUIRED FEES
Security Deposit
One-time. Refundable.
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About 589 1st Ave #1
Sweet deal!
This listing is 32% below the median price for studio 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. If your goal is to have a small carbon footprint on the world, this junior studio fits the bill! Available for immediate move-in, this junior studio apartment has everything you need to make this home. Hardwood floors, two bright windows, nice closet for storage, efficient kitchen area, and a nice bathroom. The location is fantastic. You're right on the corner of 34th Street and First Avenue in Kips Bay. You're within walking distance of Starbucks, Fairway, Trader Joe's, Crunch Gym, NYSC and Grand Central Station. The crosstown M34 and M34A buses will get you quickly to the West side (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 on First Avenue, and the United Nations is straight up First Avenue. 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.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 589 1st Avenue, New York, NY 10016, USA compares to other nearby properties.
Positives
- Less expensive
- Some rentals at this address are cheaper than similar listings nearby
- Elementary school nearby
- There is an elementary school 0.1 mile away
Considerations
- Greater distance from high schools
- The nearest high school is farther than 0.4 mile away
- No in-unit dishwasher
- Dishwashers aren't available
- No laundry facilities available
- This property doesn't offer on-site or in-unit washers and dryers
Address details
| Neighborhood | Kips Bay |
|---|---|
| Zip code | 10016 |
| Type | Apartment for rent |
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Rent trends in Kips Bay
studio apartments at 589 1st Ave #1 cost about 32% less than the average rent price for studio apartments in New York.
Median rents as of Sep 12 2026.
Kips Bay
New York
| Month | Median Rent |
|---|---|
| September 2024 | $3,650 |
| October 2024 | $3,625 |
| November 2024 | $3,532 |
| December 2024 | $3,527 |
| January 2025 | $3,569 |
| February 2025 | $3,563 |
| March 2025 | $3,643 |
| April 2025 | $3,747 |
| May 2025 | $3,800 |
| June 2025 | $3,772 |
| July 2025 | $3,757 |
| August 2025 | $3,791 |
| September 2025 | $3,807 |
| October 2025 | $3,812 |
| November 2025 | $3,800 |
| December 2025 | $3,798 |
| January 2026 | $3,790 |
| February 2026 | $3,794 |
| March 2026 | $3,837 |
| April 2026 | $3,855 |
| May 2026 | $3,886 |
| June 2026 | $3,867 |
| July 2026 | $3,850 |
| August 2026 | $3,844 |
| September 2026 | $3,850 |
| Month | Median Rent |
|---|---|
| September 2024 | $3,470 |
| October 2024 | $3,496 |
| November 2024 | $3,493 |
| December 2024 | $3,593 |
| January 2025 | $3,676 |
| February 2025 | $3,861 |
| March 2025 | $3,965 |
| April 2025 | $4,135 |
| May 2025 | $4,116 |
| June 2025 | $4,036 |
| July 2025 | $3,750 |
| August 2025 | $3,742 |
| September 2025 | $3,942 |
| October 2025 | $4,050 |
| November 2025 | $3,674 |
| December 2025 | $3,647 |
| January 2026 | $3,994 |
| February 2026 | $4,105 |
| March 2026 | $4,003 |
| April 2026 | $4,288 |
| May 2026 | $3,833 |
| June 2026 | $3,907 |
| July 2026 | $3,835 |
| August 2026 | $3,606 |
| September 2026 | $3,610 |
Affordability calculator
Can I afford to live at 589 1st Ave #1?
Bedrooms
StudioRent-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
$100,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $100,000 annually to afford this studio monthly rent price of $2,500.
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 | |||||
|---|---|---|---|---|---|
| 4 months ago | $2,100 | Studio | 1 bath | ||
| 1 year ago | $2,000 | Studio | 1 bath | ||
| 3 years ago | $1,900 | Studio | 1 bath | ||
| 7 years ago | $1,650 | Studio | 1 bath |
Schools near 589 1st Ave #1
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 589 1st Ave #1
Neighborhood
Kips Bay | New York, NY
Getting around New York near 589 1st Ave #1
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 589 1st Ave #1, New York
Groceries
10/10
At least one supermarket within a 5-minute 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
Other units at this address
589 1st Avenue, New York, NY
589 1st Avenue New York, NY
Occupied
Studio, 1 Bath
Studio
1 Bath
$1,500
Hardwood Floor
Occupied
12
Studio
1 Bath
$1,650
Hardwood Floor
Occupied
2
1 Bed
1 Bath
$1,995
Hardwood Floor • Fireplace
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