Market Notebook · Chelsea

What Came to Market in Chelsea This Week

13 new sale listings reached the Chelsea market this week. Homes here typically take about 61 days to reach a signed contract, so this week's arrivals are genuinely fresh.

None of these are my listings. I track new inventory across Chelsea every week because the first read on a building, how a unit prices against its own past sales, is the part a search portal will not assemble for you.

Priced at the Median

1 listing came in within a few percent of the neighborhood median.

520 W 23RD Street #14D, a studio co-op, asks $599,000. That is effectively the neighborhood's $612,500 studio co-op median. The last studio to close in the building, #12A, sold for $650,000.

Below the Benchmark

6 arrivals priced below the neighborhood median.

130 W 16th Street #52, a 1-bedroom co-op, asks $664,900. It is among the more affordable 1-bedroom co-ops to list this week. The last 1-bedroom to close in the building, #67, sold for $990,000.

435 W 19TH Street #2C, a 842 sq ft 1-bedroom, is listed at $999,000. It prices under the 1-bedroom condo median of $1,249,500. In the same building, #3B last traded at $1,415,000.

#10, the most recent 3-bedroom to close here, went for $2,475,000. 128 W 26TH Street #2, a 3-bedroom, comes to market at $2,500,000. It is priced well under the neighborhood norm for 3-bedroom condos.

201 W 17TH Street #6C, a 2-bedroom condo, asks $1,925,000. That runs below the neighborhood's $2,450,000 2-bedroom condo median. The last 2-bedroom to close in the building, #24H, sold for $1,270,000.

540 W 28th Street #2B, a 1,181 sq ft 2-bedroom, is listed at $1,850,000. It prices under the 2-bedroom condo median of $2,450,000. In the same building, #3B last traded at $1,880,000.

362 W 30TH Street #HOUSE, a 7-bedroom, a short walk from the A, C and E trains, comes to market at $5,995,000. It is priced well under the neighborhood norm for 7-bedroom homes.

Where Size and Light Set the Price

6 listings priced above the median, where square footage, floor, or exposure account for the number.

470 W 24TH Street #19A, a 2-bedroom co-op, asks $3,495,000. The co-op dates to 1930. The last 2-bedroom to close in the building, #2C, sold for $1,385,000.

452 W 19TH Street #3A, a 1-bedroom, is listed at $1,395,000. The 1,024-square-foot floor plan runs generous for a 1-bedroom condo. In the same building, #4-A last traded at $1,095,000.

#4D, the most recent 2-bedroom to close here, went for $3,450,000. 500 W 21ST Street #2G, a 2-bedroom condo in a doorman building, comes to market at $3,995,000. Space is the draw here, at 1,589 square feet.

405 W 23RD Street #6I, a studio, asks $650,000. It sits in a building that went up in 1929. The last studio to close in the building, #3F, sold for $415,000.

447 W 18TH Street #8B, a 1-bedroom condo, is listed at $1,795,000. The 916-square-foot floor plan runs generous for a 1-bedroom condo. In the same building, #5-B last traded at $1,570,000.

#EAST_12B, the most recent 3-bedroom to close here, went for $6,940,000. 500 W 18TH Street #WEST_23C, a 3-bedroom in a doorman building, comes to market at $10,885,000. Space is the draw here, at 2,639 square feet.

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