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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

On average, listings lease in the $60's per square foot per year. The Chelsea region is going through a decline in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 2% decrease in rent.

Compared to the rest of the New York City market, the Chelsea region has lower rates, so you should have no trouble finding a great deal in this undervalued region.

Median Rate Median Size
Chelsea $66
Median Rate Median Size
New York City $65

Median Rate over Time in Chelsea