Manhattan
Manhattan
| Metric | Chelsea | Kips Bay |
|---|---|---|
| Median Sale Price | $1,305,000 | $895,000 |
| Median Condo Price | $2,087,000 | $1,050,000 |
| Median Co-op Price | $697,586 | $650,000 |
| Median Rent | $5,500 | $4,050 |
| Active Listings | 394 | 98 |
| Rental Inventory | 653 | 220 |
| Days on Market | 107 | 72 |
| Price Cut Share | 12.9% | 12.5% |
| Monthly Sales Volume | 26 | 38 |
| YoY Price Change | -27.1% | +2.8% |
| YoY Rent Change | +1.9% | +3.9% |
| YoY Inventory Change | +5.6% | -4.1% |
| Subway Lines | 1 2 3 A B C D E F M N Q R W | 4 5 6 7 B D F M N Q R S W |
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 ReportKips Bay is a relaxed and highly convenient residential neighborhood located on the East Side of Manhattan. Known for its mix of mid-century high-rises and charming brick townhouses, it offers a more approachable price point than its neighbors to the north and south. Residents enjoy proximity to the East River Esplanade, a variety of local dining options, and easy access to the city's major medical centers and Midtown business hubs.
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
Grand Central-42 St (4 5 6 7 S) — 0.7 mi
34 St-Herald Sq (B D F M N Q R W) — 0.7 mi
With 25+ years of experience across all five boroughs, I can help you find the right neighborhood for your lifestyle and budget.