The multiplex, in the Murray Hill section of Manhattan on Second Avenue near the East River, opened in 1999, with AMC taking over operations in 2006.
"We expect that AMC Kips Bay 15 will continue operating until the end of 2026, at which time the theatre will close following the property owner's decision to exercise its contractual right to terminate the theatre's lease before its scheduled expiration," a statement from AMC Theatres said.
AMC Theatres said details are still being finalized and a formal closure date will be announced soon.