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.
Chinatown Market Report May 2026: $2.25M Median
Milton Coste
Licensed Real Estate Associate Broker at Keller Williams NYC
NY License #10301213304 | (917) 416-7433
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
Based on 3 transactions. Limited volume may result in atypical metrics.
Recent Transactions
|
|
180 Park Row #25E, Apt 25E | $570,000 | Studio | Jul 22, 2026 |
|
|
7 ESSEX Street #3A, Apt 3A | $2,300,000 | 2 BR | Jul 17, 2026 |
|
|
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, Apt 40L | $9,800/mo | 2 BR | Jul 22, 2026 |
|
|
252 South Street #12A, Apt 12A | $8,500/mo | 2 BR | Jul 22, 2026 |
|
|
225 Cherry Street #57L, Apt 57L | $5,300/mo | 1 BR | Jul 17, 2026 |
|
|
135 Division Street #8C, Apt 8C | $3,700/mo | 1 BR | Jul 15, 2026 |
|
|
252 South Street #19D, Apt 19D | $8,995/mo | 2 BR | Jul 14, 2026 |
|
|
252 South Street #16P, Apt 16P | $5,575/mo | 1 BR | Jul 3, 2026 |
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Active Listings in Chinatown
View All$1,995,000
30 Orchard Street #2
$3,635,000
252 South Street #49C
$550,000
180 Park Row #20E
$1,200,000
170 Park Row #18B
$1,200,000
170 Park Row #18C
$1,695,000
123 BAXTER Street #3A
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.