Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
Chinatown real estate

Chinatown Market Report May 2026: $2.25M Median

Milton Coste Live from REBNY/RLS July 29, 2026
Milton Coste

Milton Coste

Licensed Real Estate Associate Broker at Keller Williams NYC

NY License #10301213304 | (917) 416-7433

Chinatown recorded 3 closed sales in the last 30 days at a median close price of $1.57M. Active inventory stands at 18 listings with a median asking price of $2.25M ($2,039/sqft). Condos dominate at 83% of inventory. 44.4% price reductions among active listings. 1 new listing hit the market this week, while 22 properties are under contract. At current absorption rates, Chinatown has approximately 6 months of supply, making it a balanced market. As a Chinatown specialist with over 25 years of experience, I track these numbers daily to give my clients a competitive edge. If you are considering buying or selling in Chinatown, call me at (917) 416-7433 for a personalized market analysis.

18

Active Listings

$2.25M

Median Asking

3

Sold (30 Days)

6

Months of Supply

Price Trends

Inventory Breakdown

Metric Value
Active Listings 18
Pending Sales 22
Median Asking Price $2.25M
Median Price/Sqft $2,039
Avg Days on Market N/A
New This Week 1
Price Reduced 8 (44.4%)
Sold (Last 30 Days) 3
Sold (Last 90 Days) 5
Median Sale Price (90d) $1.57M
Sale-to-List Ratio 100.3%
Months of Supply 6 (balanced market)

Property Mix

Condo 83% (15) Co-op 17% (3) Condop 0% (0)

Based on 3 transactions. Limited volume may result in atypical metrics.

Recent Transactions

180 Park Row #25E 180 Park Row #25E, Apt 25E $570,000 Studio Jul 22, 2026
7 ESSEX Street #3A 7 ESSEX Street #3A, Apt 3A $2,300,000 2 BR Jul 17, 2026
21 Ludlow Street #7B 21 Ludlow Street #7B, Apt 7B $928,200 1 BR Jul 16, 2026

Rental Market

6

Closed Rentals (30 Days)

$7,038/mo

Median Rent

Type Count Median Rent Range
1 BR 3 $5,300/mo $3,700 - $5,575
2 BR 3 $8,995/mo $8,500 - $9,800

Recent Transactions

252 South Street #40L 252 South Street #40L, Apt 40L $9,800/mo 2 BR Jul 22, 2026
252 South Street #12A 252 South Street #12A, Apt 12A $8,500/mo 2 BR Jul 22, 2026
225 Cherry Street #57L 225 Cherry Street #57L, Apt 57L $5,300/mo 1 BR Jul 17, 2026
135 Division Street #8C 135 Division Street #8C, Apt 8C $3,700/mo 1 BR Jul 15, 2026
252 South Street #19D 252 South Street #19D, Apt 19D $8,995/mo 2 BR Jul 14, 2026
252 South Street #16P 252 South Street #16P, Apt 16P $5,575/mo 1 BR Jul 3, 2026

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RLS at REBNY Data provided by the RLS at REBNY

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved.

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