Manhattan · New York, NY
17 active listings · Median $805K
Calculating market narrative...
A primarily condo submarket with strong rent growth, rising sale prices, and sale listings sitting longer than a year ago.
Median asking rent in Chinatown is $4,000/month, $380 below the 5-year high set in Jun 2026. Rents are up +5.3% year over year and +37.9% over the past 5 years. Median sale price stands at $805K, 91.8% below the 5-year high recorded in Jun 2026. Sale prices are up +3.2% year over year. Sale listings are clearing 72 days slower than at this point last year.
Across NYC, the FARE Act has tightened agent-listed rental supply since August 2024 by shifting the broker fee to landlords who engage a broker. Roughly 35 to 40% of NYC lease signings occur between mid-June and August 15.
Source: StreetEasy market data, through Sep 2026.
Chinatown occupies a dense section of Lower Manhattan centered on Canal Street, where 10 subway lines converge including the 6, J, N, Q, R, W, and Z trains, making it one of the most transit-rich neighborhoods below 14th Street. The housing stock consists primarily of prewar walk-up buildings alongs...
In my 25+ years selling real estate across New York City, I use this Chinatown data in real negotiations, not just for a web page.
Stations: Grand St (0.24 mi), Canal St (0.33 mi), Bowery (0.34 mi), East Broadway (0.37 mi), Brooklyn Bridge-City Hall (0.41 mi)
Midtown: 14 min (B express from Grand St)
| School | Grades | Dist |
|---|---|---|
| P.S. 020 Anna Silver | PK-5 | 0.58 mi |
| P.S. 150 Tribeca Learning Center | PK-5 | 0.74 mi |
| P.S. 234 Independence School | PK-5 | 0.76 mi |
| The STAR Academy - P.S.63 | PK-5 | 0.82 mi |
| P.S. 015 Roberto Clemente | PK-5 | 0.87 mi |
| Henry Street School for International Studies | 6-12 | 0.58 mi |
Live data from REBNY/RLS. Updated every 15 minutes.
Median closed sale price by month
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Walk-ups lead the stock here: the zips that cover Chinatown (10002, 10013) hold about 1,000 walk-up lots in the city's PLUTO tax-lot data, and about 1,500 residential lots were built from 1900 to 1929. Buyers of that tenement stock weigh the lines at Canal Street, Columbus Park and Sara D. Roosevelt Park. Sellers of a small building should have the rent roll, leases, certificate of occupancy and open HPD or DOB items ready.
Built on your building's comparable sales, not a portal estimate.
Seven questions, plus a 2-to-4 family mode with your rent roll.
Commission, transfer taxes, flip tax and payoff, line by line.
Open HPD and DOB items, registration and lien status for 1-to-4 family owners.
With the address I can look at what sold in your building and on your block. If you would rather not give it yet, the email alone is enough.
Calculating market narrative...
| Inventory & Activity | |
| Active Listings | 8 |
| Pending Sales | 7 |
| New This Week | 1 |
| New This Month | 5 |
| Avg DOM | 226 days |
| Price Cut Rate | 12.5% |
| Recent Sales | |
| Sold Last 30 Days | 5 |
| Sold Last 90 Days | 12 |
| Sale-to-List | 93.0% |
| Asking Prices | |
| Median Asking | $805,107 |
| Average Asking | $2,052,371 |
| Median $/SqFt | $2,033 |
| Median Condo Ask | -- |
| Median Co-op Ask | -- |
Based on active listings in Chinatown
| Type | Active Listings | Median Price | Price Range |
|---|---|---|---|
| Studio | 1 | too few | $545K - $545K |
| 1 Bedroom | 5 | $1,305,000 | $800K - $1.55M |
| 2 Bedrooms | 7 | $2,225,000 | $1.25M - $2.46M |
| 3+ Bedrooms | 4 | too few | $2.85M - $3.78M |
View active listings by size:
Properties in Chinatown
REBNY/RLS Disclaimer: Listing data is derived in whole or in part from the RLS at REBNY (Real Estate Board of New York) Internet Data Exchange (IDX) database. Real estate listings held by brokerage firms other than Milton Coste | Keller Williams NYC are marked with the RLS logo. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is refreshed every 15 minutes per REBNY IDX requirements.
Experience across NYC
Transactions closed
Active in Manhattan
Milton Coste is a Licensed Real Estate Associate Broker with Keller Williams NYC. His work covers all five boroughs, with deep experience in co-op boards, condo offerings, townhouse sales, and rental transactions. For Chinatown buyers and sellers, that track record means a broker who has negotiated every type of deal this market produces.
Milton helped me purchase my first Manhattan condo, and I can't recommend him highly enough. What could have been a stressful process ended up feeling remarkably smooth. From the initial offer through closing, Milton was responsive, knowledgeable, and always willing to take the time to answer questions and explain the details. I always felt informed and supported, but never pressured. If you're looking for a broker who is knowledgeable, trustworthy, responsive, and genuinely invested in helping his clients succeed, I would absolutely recommend Milton.
Milton was extremely helpful in finding my dream place. He was quick, friendly, and extremely responsive. He made the process so easy for me that it really took a weight off my shoulders. He took his time to work with my schedule and make sure I felt comfortable in my new place. I am really thankful. Highly recommend.
Quarterly report
Manhattan Market Report, 3Q 2026
$1,275,000 median sale price. Download the full report
HPD rules for HDFC co-ops: a household income cap of 165% of AMI or lower, formula-limited resale prices, and a flip tax on profits. The 2026 figures.
On a $1M NYC purchase: co-ops run $20K-$30K, condos $38K-$42K, new dev $60K+. See every fee, who pays, and 5 ways to cut your bill.
Co-ops make up nearly 70% of NYC housing stock but require board approval. Condos cost more but offer flexibility. Here's how to decide.
Pre-approval gives you a 20-30% edge in NYC bidding wars. Here's what lenders need and how to set your budget ceiling.
Roughly 1 in 8 co-op board applications gets rejected. Here's how to prepare your package and ace the interview.
Sale listings that came on the market in the last 7 days.
Homes in Chinatown take a median 226 days to go into contract. Source: StreetEasy market data.
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Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
The median sale price in Chinatown is $805K. Sale prices are up 3.2% year over year.
No. The median sale price in Chinatown is currently 91.8% below the 5-year high recorded in June 2026. That gap can favor buyers searching for value relative to the neighborhood's past peak.
Sale listings in Chinatown have a median of 226 days on market. That is 72 days slower than the same point a year ago. Roughly 12.5% of active listings have recorded a price cut, suggesting some negotiating room.
Chinatown is currently tilting toward buyers. Median days on market is 226 days and roughly 12.5% of active listings have recorded a price cut, both indicating room to negotiate.
Roughly 4 homes change hands each month in Chinatown across condos, co-ops, and townhouses, based on recorded closed sales. That benchmark helps gauge how quickly the market is absorbing new inventory.
The overall median asking rent in Chinatown is $4,000/month. Live RLS listings show 1-bedrooms at $5,575, 2-bedrooms at $6,425 per month. Rents are up 5.3% year over year.
Median asking rent in Chinatown is currently $380 below the 5-year high set in June 2026. Tenants may find slightly more value than at peak, though the gap can close quickly during peak leasing season.
Median asking rent in Chinatown has risen 37.9% over the past 5 years. That puts the neighborhood in context with longer-term NYC rent dynamics rather than just one-year noise.
Within walking or short-transit distance of Chinatown, median sale prices range across Tribeca at $3.0M, Little Italy at $2.4M, Nolita at $2.0M, Lower East Side at $1.3M. Each has different building stock, co-op vs condo mix, and transit access, so the right comparison depends on the buyer's priorities.
Chinatown is served by the 1, 4, 5, 6, A, B, C, D, E, F, J, N, Q, R, W, Z trains. The commute to Midtown Manhattan runs roughly 14 minutes from Grand St.
Under the FARE Act in effect since August 2024, NYC landlords who engage a broker pay the broker fee directly rather than passing it to tenants. In neighborhoods like Chinatown, this has shifted some smaller landlords toward self-listing, which has tightened the supply of agent-listed rentals citywide and lifted competition for what remains on market.
Milton Coste is a Licensed Real Estate Associate Broker with Keller Williams New York City. He has 25+ years of experience across all five boroughs, with deep transaction history in co-op board packages, condo offerings, townhouse sales, and rentals. Direct: (917) 416-7433. Email: [email protected].
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Licensed Real Estate Associate Broker
Keller Williams NYC · NY #10301213304
25+ years of experience and over 2,000 transactions closed across NYC. Whether you are buying, selling, or leasing in Chinatown, I will guide you every step of the way.
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