Kips Bay micro units now available

Kitchen area of one micro unit (Photo by Michelle Deal Winfield)

Kitchen area of one micro unit (Photo by Michelle Deal Winfield)

By Sabina Mollot

New York City’s first micro-unit development, known as Carmel Place, is now officially open for leasing.  Located at 335 East 27th Street, market-rate studios at the building are available for a June 1 move-in.  Developer Monadnock and leasing agent Citi Habitats New Developments made the announcement on Monday.

Apartments at Carmel Place range in size from 265 to 360 square feet, and feature 9’6’’ ceilings, 8’ tall picture windows with Juliet (small) balconies, and modern kitchens and bathrooms. Some units even include private outdoor space. Rents at the apartments will range from $2,500-$2,900. While 40 percent of the building’s 55 units have been set aside for affordable housing, those apartments have already been leased.

“Carmel Place has raised the bar for micro-living and sets the pace for New York City housing that is more practical, social and value-driven,” commented Frank Dubinsky, vice president at Monadnock in an official statement. “We at Monadnock are pleased to have seen this vision through from start to finish and we are excited for tenants to officially make Carmel Place their home.”

At this time the building is in final stages of its construction.

Building amenities include a state-of-the-art fitness center and a club room complete with a billiards table and entertainment system.  A residents’ lounge includes a kitchenette/wet bar area and opens to a roof terrace. The roof terrace has sun loungers, an electric grill and outdoor dining areas. Storage units and a bike room for tenants are also available. A press release also touted a virtual doorman, which usually refers to an electronic key-card entry system.

Monadnock has partnered with micro-housing specialist Ollie for services, including housekeeping, that are included in the rent. The company Magnises has been tapped as the property’s social concierge, for organizing events like volunteer activities and weekend getaways.

A website,, doesn’t feature much information about the property but does include a registration form.

5 thoughts on “Kips Bay micro units now available

  1. That’s hysterical…. $2500-2900 for no space?? AND I hope the rental agencies are telling the people that it is a bad area within 2 blocks or so!!… there is a homeless shelter for men down the block and there was a murder committed in the shelter. The homeless just roam around and linger on the block…. Bad area just around that block… fyi 🙂 $2,900… are you freaken kidding me? Nothing like taking advantage…

  2. Who’s kidding who, this will quickly turn into the usual pack as many millennials as you can into each unit for the ultimate college/just post college parental funded dorm experience or even better, an Airbnb w** dream.

  3. We can’t stagnate in the insufficient housing policies of yesteryear. We need to try something new.

    However, $2,500 a month for a 265-sq-ft unit is a terrible deal in any year unless we experience some sort of extraordinary hyperinflation where a slice of pizza costs $30.

    The city must do whatever possible to drive rental costs down on city-supported new construction after this debacle.

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