Manhattan
Brooklyn
| Metric | Chelsea | Red Hook |
|---|---|---|
| Median Sale Price | $1,305,000 | $1,120,075 |
| Median Condo Price | $2,087,000 | N/A |
| Median Co-op Price | $697,586 | $177,249 |
| Median Rent | $5,500 | $4,082.5 |
| Active Listings | 394 | 20 |
| Rental Inventory | 653 | 28 |
| Days on Market | 107 | 1303 |
| Price Cut Share | 12.9% | 9.5% |
| Monthly Sales Volume | 26 | 2 |
| YoY Price Change | -27.1% | 0.0% |
| YoY Rent Change | +1.9% | +7.5% |
| YoY Inventory Change | +5.6% | +5.3% |
| Subway Lines | 1 2 3 A B C D E F M N Q R W | N/A |
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.
View Full Market ReportRed Hook is a waterfront neighborhood defined by cobblestone lanes, repurposed brick warehouses, and low-rise residential buildings on a peninsula jutting into Upper New York Bay. No subway runs directly through the neighborhood; NYC Ferry's South Brooklyn route and the B61 bus provide primary transit connections to Downtown Brooklyn and Manhattan. Valentino Pier Park and the 58-acre Red Hook Recreation Area offer harbor-front green space, while the working cruise terminal at Pier 12 maintains the area's maritime heritage.
View Full Market Report34 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
No subway data available
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