NYC Zip Code 10016
10016Neighborhoods: Murray Hill, Kips Bay, Rose Hill
Overview
Zip code 10016 covers Murray Hill, Kips Bay, and Rose Hill in Midtown East. A primarily residential area popular with young professionals, the neighborhood offers relatively affordable Manhattan housing (by Manhattan standards) with convenient Midtown access.
Building Types
Postwar elevator buildings, prewar co-ops, modern luxury rentals and condos, brownstones (in Murray Hill), and medical-adjacent commercial properties near NYU Langone.
Property Statistics
Condo medians around $700K-$1.1M. Co-op prices tend to be lower. One of the more affordable Manhattan zip codes for buyers. Active rental market with relatively high turnover.
Notable Features
NYU Langone Medical Center proximity. Murray Hill brownstone blocks. Active development corridor along Third Avenue. Good transit access via Grand Central area.
| Studio | 1BR | 2BR | 3BR | 4BR+ |
|---|---|---|---|---|
| $4,200 | $5,125 | $5,775 | $7,375 | $8,500 |
Modeled midpoints from Zillow’s ZIP-level asking-rent index (June 2026), scaled by bedroom count — informational only, not an appraisal. Rent-stabilized and subsidized leases follow their own legal rents. Check if your rent is fair — free →
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