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250 W 23rd St

Chelsea, Manhattan, NY
Close Public Transit
C.E. and 12 trains, M23 & M20 Bus

The Neighborhood: Chelsea

The typical asking rate per listing is in the $60's per square foot per year. The Chelsea submarket is seeing a an increase in rates. In the last 3 months, the median rate rose $5 per sqft per year. That's a 8% increase in rent.

Compared to the rest of the New York City market, the Chelsea region has more expensive rates, and you'll have to negotiate above asking rent to be in this hot region.

Median Rate Median Size
Chelsea $69
/sqft/yr
3,000
sqft
Median Rate Median Size
New York City $66
/sqft/yr
3,372
sqft

Median Rate over Time in Chelsea