Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

NYC Neighborhood Comparison

Chelsea vs Long Island City

Side-by-side market data, transit, and neighborhood profiles to help you decide.

Manhattan|Queens

Chelsea

Manhattan

Long Island City

Queens

Median Sale Price
$1.3M
$1.0M
Median Rent
$6K
$4K
Active Listings
394
243
Avg Days on Market
107 days
3 days
YoY Price Change
-27.1%
+8.0%
Monthly Sales Volume
26
11

Detailed Comparison

MetricChelseaLong Island City
Median Sale Price$1,305,000$1,048,000
Median Condo Price$2,087,000$1,048,000
Median Co-op Price$697,586N/A
Median Rent$5,500$4,351.5
Active Listings394243
Rental Inventory653956
Days on Market1073
Price Cut Share12.9%5.3%
Monthly Sales Volume2611
YoY Price Change-27.1%+8.0%
YoY Rent Change+1.9%+1.0%
YoY Inventory Change+5.6%+48.2%
Subway Lines1 2 3 A B C D E F M N Q R W7 E G M N R W

Neighborhood Profiles

Chelsea

Chelsea is the epicenter of New York’s contemporary art world and a hub for innovative architecture. Home to the High Line and Chelsea Market, the neighborhood seamlessly blends industrial history with modern luxury. The real estate market here is dominated by high-end condominium developments designed by world-renowned architects, alongside charming pre-war lofts and historic townhouses in the Chelsea Historic District.

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Long Island City

Long Island City (LIC) is one of New York’s fastest-growing residential neighborhoods, offering a modern urban lifestyle just one stop from Manhattan. Famous for its stunning waterfront parks and the iconic Pepsi-Cola sign, LIC is a hub for contemporary art and luxury living. The real estate market is dominated by sleek, new construction glass towers that offer world-class amenities and breathtaking, unobstructed views of the Manhattan skyline.

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Transit Access

Chelsea

123ABCDEFMNQRW

34 St-Penn Station (1 2 3 A C E) — 0.6 mi

34 St-Herald Sq (B D F M N Q R W) — 0.7 mi

Long Island City

7EGMNRW

Hunters Point Av (7) — 0.2 mi

Court Sq (7 E G M) — 0.2 mi

Long Island City (E G M R) — 0.6 mi

Queensboro Plaza (7 N W) — 0.6 mi

Active Listings

Chelsea for sale

View all Chelsea listings

Long Island City for sale

View all Long Island City listings

More Comparisons

Need Help Choosing?

With 25+ years of experience across all five boroughs, I can help you find the right neighborhood for your lifestyle and budget.

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