Kips Bay, Manhattan

Parc East

Parc East is a 325-unit high-rise built in 1977 at 240 East 27th Street in Kips Bay, Manhattan. We've seen 6 listings here since October 2026, with a one-bedroom asking a median of $4,961.
  • Built 1977
  • 325 units
  • Rent-stabilized units on record
  • Updated October 2026
1 bedroom ask
$4,961
median
Listings seen
6
since Oct 2026
Stabilized units
12
3 in 2007
HPD violations
2
last 12 months
Asking rents

What apartments at Parc East ask

Median asking rent by size across 6 listings seen between October 2026 and October 2026. From public rental listings Leaseswap tracks on StreetEasy, NYBits, LeaseBreak and others. Asking rents, not signed leases.

  • 1 bedroom$4,961$4,708 to $5,4015 listings
  • 2 bedrooms$7,096$7,0961 listing

Available now

Rent stabilization

Rent-stabilized units on record

Unit counts from NYC tax records, via JustFix's Who Owns What.

Latest

12

In 2007

3

Units

325

This means the building has rent-stabilized units, not that every apartment in it is stabilized or carries a legal rent. Always check a unit's status and rent history with DHCR before signing a lease.

Building conditions

2 HPD violations in the last 12 months

Housing code violations issued by NYC HPD, by class. Data as of October 5, 2026.

Class C

0

Immediately hazardous

Class B

0

Hazardous

Class A

1

Non-hazardous

9 open violations · 8 complaints in 12 months · 2 eviction filings in 12 months

Ownership

Who owns the building

From NYC HPD registration records, via JustFix's Who Owns What. Company names only.

Owner
Equity Residential Management, LLC
Portfolio
27 buildings · 5,583 units
Last sale
August 30, 2007
Features

What listings here mention

Building features that most listings at this address report.

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Nearby

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FAQs

Common questions

Is Parc East rent-stabilized?
NYC tax records list 12 rent-stabilized units at Parc East at 240 East 27th Street (3 in 2007). That means the building has rent-stabilized units, not that every apartment in it is stabilized. Confirm a specific unit's status and rent history with DHCR before signing a lease.
How much is rent at Parc East?
Across 6 public rental listings Leaseswap tracks on StreetEasy, NYBits, LeaseBreak and others between October 2026 and October 2026, median asking rents were $4,961 for a one-bedroom, $7,096 for a two-bedroom. These are asking rents from listings, not signed leases.
Who owns Parc East?
NYC HPD registration records link Parc East at 240 East 27th Street to Equity Residential Management, LLC, which is associated with 27 buildings and 5,583 units in NYC. Ownership data comes from JustFix's Who Owns What.
How many HPD violations does Parc East have?
HPD issued 2 violations at Parc East at 240 East 27th Street in the last 12 months, and 9 are currently open. Data as of October 5, 2026.