Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

NYC Neighborhood Comparison

Midtown South vs Chelsea

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

Manhattan|Manhattan

Midtown South

Manhattan

Chelsea

Manhattan

Median Sale Price
$850K
$1.3M
Median Rent
$5K
$6K
Active Listings
75
394
Avg Days on Market
61 days
107 days
YoY Price Change
+0.2%
-27.1%
Monthly Sales Volume
2
26

Detailed Comparison

MetricMidtown SouthChelsea
Median Sale Price$850,000$1,305,000
Median Condo Price$2,760,000$2,087,000
Median Co-op Price$610,000$697,586
Median Rent$5,006$5,500
Active Listings75394
Rental Inventory209653
Days on Market61107
Price Cut Share14.7%12.9%
Monthly Sales Volume226
YoY Price Change+0.2%-27.1%
YoY Rent Change+4.2%+1.9%
YoY Inventory Change+63.0%+5.6%
Subway Lines1 2 3 7 A B C D E F M N Q R S W1 2 3 A B C D E F M N Q R W

Neighborhood Profiles

Midtown South

Midtown South encompasses the blocks around the Flatiron Building and Madison Square Park, featuring converted loft-style condos, Beaux-Arts co-ops, and Art Deco apartment buildings alongside new residential towers. The R and W trains at 23rd Street, the 6 train on Park Avenue South, and the F and M trains on Sixth Avenue provide extensive subway coverage.

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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

Midtown South

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34 St-Penn Station (1 2 3 A C E) — 0.3 mi

34 St-Herald Sq (B D F M N Q R W) — 0.5 mi

42 St-Port Authority (A C E) — 0.7 mi

Times Sq-42 St (1 2 3 7 N Q R S W) — 0.7 mi

Chelsea

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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

Midtown South for sale

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Chelsea for sale

View all Chelsea listings

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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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