Zumper
modified
2 Hours Ago

Highlights

  • Fitness center
  • Rooftop terrace
  • Modern appliances
  • Floor to ceiling windows
  • Spacious kitchens
  • Coworking space

Location

335 East 27th Street, New York, NY 10016, USA|Kips Bay
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Contact

Management

Common Living

Leasing office

(844) 432-0229 ext. 8683

Property Overview

Carmel Place by Common features a robust blend of amenities including a fitness center, rooftop terrace, and modern appliances, earning an impressive overall Zumper expert rating of 8.8. The property excels with a perfect price rating of 10, highlighting a strong value proposition, while its location receives a 9, ensuring easy access to popular attractions. Notably, it offers an engaging social atmosphere, proximity to numerous dining and recreational options, and has garnered high ratings for its transparency and quality, making it an outstanding choice for a vibrant lifestyle.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.

Zumper Expert Rating

8.8
Very Good
With a solid 8.8 out of 10 overall, Carmel Place by Common is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Carmel Place by Common has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • Less expensive
  • Middle school nearby
  • Images Available

Great for

  • Social life
  • Wellness

Floor plans

Entire Unfurnished StudioStudio1 bath345 sqft$3,460 /moEnjoy a modern studio equipped with modern appliances, along with access to incredible building amenities — including lounge spaces, a fitness center, and a roof deck.

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Amenities for Carmel Place by Common

Apartment Amenities

Air ConditioningCentral Heat

Building

ElevatorFitness Center
Onsite LaundryResidents Lounge
Roof Deck

Grounds

Outdoor Space
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

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About Carmel Place by Common

HomeApartments in New YorkKips Bay Carmel Place by Common

Carmel Place by Common is more than just a rental — it might be one of the most unique apartment buildings in Manhattan. The result of a winning proposal in the adAPT NYC competition, Carmel Place by Common is a real life example of how innovative unit types can create more housing for New Yorkers without sacrificing comfort or style. The home’s fully-furnished micro-units feature modular furniture, spacious kitchens, plenty of storage, and unique amenities like bed-linens and fully stocked bathrooms. The units’ nearly 10 ft tall ceilings and floor to ceiling windows with Juliet balconies also make your new home feel especially spacious and airy. When you need extra space, the building’s many amenities offer plenty of room for remote work, gatherings with friends, or a peaceful moment. Take in views of the city from the rooftop terrace, get work done in the coworking space, or break a sweat in the fitness center. Whatever your daily life includes, you’ll find a place for it at Carmel Place by Common. Located in the heart of Manhattan, Kips Bay is an unassuming but popular neighborhood for New Yorkers looking for easy access to the best of the city. And as a member of Carmel Place by Common, it’s all right outside your door. The home is located on East 27th street, a brick-paved block that’s paved off to cars and features ample seating for catching up with friends or enjoying a coffee from the local coffee shop in the sun. Across the street you’ll find Bellevue South Park, a tree filled greenspace complete with basketball courts and a playground. For a bite to eat or a night out, you’re only minutes away from Union Square and a stretch of delicious restaurants on 3rd Ave and Irving Place. Ready to learn more? Schedule a virtual or in-person tour today!


Zumper Expert Rating

Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.8
/10
Very Good
With a solid 8.8 out of 10 overall, Carmel Place by Common is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Carmel Place by Common has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
How we rated Carmel Place by Common
Price·10A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
Carmel Place by Common offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·9A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
Carmel Place by Common goes above and beyond to provide sought-after conveniences and desirable perks, including elevator. Renters looking for popular or luxurious features will find them here—and for that reason, Carmel Place by Common receives one of the highest amenities scores.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Carmel Place by Common is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·7A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While it may not have as many distinctive features as similar properties in the surrounding area, renters can trust Carmel Place by Common to provide reasonable accomodations and accurate details about its community.
Trustworthiness·8A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.

Carmel Place by Common is great for:

Social life

  • 3185 restaurants within 1 mile of this property
  • This community has public spaces on site, like fitness centers or pools
  • Community gathering spaces on-site (lounges, rooftops, etc.)
  • Area has 317 parks and recreation options

Wellness

  • On-site fitness center or gym
  • HVAC systems available onsite
  • On-site fitness or wellness programs
  • 187 health/wellness centers nearby

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 Carmel Place by Common compares to other nearby properties.

Positives

Less expensive
Studio units are cheaper than other similar listings nearby
Middle school nearby
There is a middle school 0.4 mile away
Images Available
There are at least 10 photos of this address

Considerations

Greater distance from grade schools
The nearest elementary school is farther than 0.3 mile away
Greater distance from high schools
The nearest high school is farther than 0.3 mile away
No in-unit dishwasher
Dishwashers aren't available

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Rent trends in Kips Bay

studio apartments at Carmel Place by Common cost about 4% less than the average rent price for studio apartments in Kips Bay.

Median rents as of Nov 22 2025.
Kips Bay
New York
A table of studio rental data trends in New York
MonthMedian Rent
December 2023$3,424
January 2024$3,400
February 2024$3,475
March 2024$3,493
April 2024$3,547
May 2024$3,546
June 2024$3,635
July 2024$3,691
August 2024$3,698
September 2024$3,674
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
A table of studio rental data trends in Kips Bay
MonthMedian Rent
December 2023$3,412
January 2024$3,351
February 2024$3,656
March 2024$3,526
April 2024$3,707
May 2024$3,492
June 2024$3,585
July 2024$3,577
August 2024$3,717
September 2024$3,490
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$3,613

Affordability calculator

Can I afford to live at 335 East 27th Street?

Bedrooms

Studio

Rent-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

$138,400/yr

With your selected rent-to-income ratio, you'd ideally want to make $138,400 annually to afford this studio monthly rent price of $3,460.
For more information on rent affordability, visit our rent calculator.

Schools near Carmel Place by Common

The 47 American Sign Language & English Lower School

223 e 23rd st

new york, NY, 10010

PK, K-8Public
A-

P.S. 116 - Mary Lindley Murray

210 e 33rd st

new york, NY, 10016

PK, K-5Public
A-

The River School

425 e 35th st

new york, NY, 10016

PK, K-5Public
A

New Explorations into Science, Technology & Math School

111 columbia st

new york, NY, 10002

K-12Public
A+

P.S. 212 - Midtown West

328 w 48th st

new york, NY, 10036

PK, K-5Public
A
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Internet available near Carmel Place by Common

Neighborhood

Kips Bay | New York, NY

NEIGHBORHOOD VIBE
Lively and energetic
You’ll be in the heart of the action in this bustling and vibrant area with plenty of shopping, nightlife, and culture.

Getting around New York near 335 East 27th Street

Walking

10/10
No car? No problem. Everything you need is within a few blocks.

Driving

4/10
Roads are accessible, but parking may be a challenge.

Cycling

8/10
Helmets on–you can get anywhere in this cyclist-friendly, well-connected area.

Transit

10/10
Getting around is a breeze; rapid transit and bus lines are a few blocks away.

Points of interest for 335 East 27th Street, New York

Groceries

10/10
Several grocery stores nearby

Shopping

10/10
Wide variety of shops within a few minutes' walk

Cafes

10/10
Variety of cafés right on the street

Restaurants

10/10
Variety of restaurants right on the street

Primary schools

9/10
At least one elementary school within a 10-minute walk

High schools

9/10
At least one high school within a 10-minute walk

Parks

8/10
Large amount of park space nearby

Nightlife

10/10
Variety of bars right on the street

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