Manhattan
Manhattan
| Metric | Chelsea | Gramercy |
|---|---|---|
| Median Sale Price | $1,305,000 | $1,185,000 |
| Median Condo Price | $2,087,000 | $1,485,000 |
| Median Co-op Price | $697,586 | $825,000 |
| Median Rent | $5,500 | $4,500 |
| Active Listings | 394 | 138 |
| Rental Inventory | 653 | 248 |
| Days on Market | 107 | 70 |
| Price Cut Share | 12.9% | 10.5% |
| Monthly Sales Volume | 26 | 50 |
| YoY Price Change | -27.1% | +4.1% |
| YoY Rent Change | +1.9% | +4.7% |
| YoY Inventory Change | +5.6% | -5.6% |
| 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 mixes 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 ReportGramercy is centered on its landmark private park, a 2-acre gated green space surrounded by Italianate, Gothic Revival, and Beaux-Arts brownstones and townhouses that have retained their architectural character since the 19th century. The Gramercy Park Historic District preserves blocks of ornate red-brick townhouses, limestone mansions, and pre-war co-op buildings. The 6 train at 23rd Street is the nearest subway, with the 4, 5, N, Q, R, W, and L lines accessible at nearby 14th Street-Union Square.
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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