Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

NYC Neighborhood Comparison

Long Island City vs Chelsea

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

Queens|Manhattan

Long Island City

Queens

Chelsea

Manhattan

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

Detailed Comparison

MetricLong Island CityChelsea
Median Sale Price$1,048,000$1,305,000
Median Condo Price$1,048,000$2,087,000
Median Co-op PriceN/A$697,586
Median Rent$4,351.5$5,500
Active Listings243394
Rental Inventory956653
Days on Market3107
Price Cut Share5.3%12.9%
Monthly Sales Volume1126
YoY Price Change+8.0%-27.1%
YoY Rent Change+1.0%+1.9%
YoY Inventory Change+48.2%+5.6%
Subway Lines7 E G M N R W1 2 3 A B C D E F M N Q R W

Neighborhood Profiles

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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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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Transit Access

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

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

Active Listings

Long Island City for sale

View all Long Island City listings

Chelsea for sale

View all Chelsea 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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