Property Prices in Chelsea, Manhattan (10001)

Analysis of recent property sales — NYC Department of Finance data, all 5 boroughs

Last updated: 03/13/2026
$1,575,000
Median Price
$7,281,308
Average Price
2,661
Transactions
$662
Avg. Price / Sq Ft

Average Property Price in Chelsea

The average property price in Chelsea, Manhattan (10001) is $7,281,308, based on 2,661 transactions recorded by the NYC Department of Finance. The median price is $1,575,000, giving a price range from $10,000 to $572,290,334.

The average price per square foot is $662.

Transaction Volume (Last 12 Months)

25-01 25-04 25-07 25-10

Recent Sales

Date Price Type Address Sq Ft $/Sq Ft
2025-12-23 $52,000,000 Other 467 10Th Avenue 44,448 $1,170
2025-12-22 $635,000 Condo 315 7 Avenue, 10E — —
2025-12-19 $260,000,000 Other 371 7 Avenue 473,391 $549
2025-12-19 $260,000,000 Other 148 West 31 Street — —
2025-12-19 $4,403,750 Condo 35 Hudson Yards, 6602 — —
2025-12-18 $26,500,000 Other 39 W 37 St 98,270 $270
2025-12-16 $241,500 Walk-up 457 West 35Th Street, 5W — —
2025-12-12 $19,500,000 Condo 553 West 30 Street, Ph88D — —

NYC Transfer Tax Calculator for 10001

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NYC Transfer Tax
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NYS Transfer Tax
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Mansion Tax
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Total Transfer Taxes
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Effective Rate

NYC RPTT: 1% (≤$500K) or 1.425% (>$500K). NYS: 0.4%. Mansion Tax: 1% (≥$1M). Does not include mortgage recording tax.

Estimated Rental Yield in Chelsea

3.2%
Estimated Gross Rental Yield
Based on median price of $1,575,000 and average Manhattan monthly rent of $4,200/month ($50,400/year).
Source: NYC rental market averages. Actual yields vary by property type and condition.
View all 2,661 comparable sales →

Nearby ZIP Codes in Manhattan

10002
Chinatown 10003
East Village 10004
Financial 10005
Financial 10006
Financial 10007
Civic Center

Frequently Asked Questions

What is the average property price in 10001?
The average property price in Chelsea, Manhattan (10001) is $7,281,308, with a median price of $1,575,000. This is based on 2,661 recent transactions recorded by the NYC Department of Finance.
How many properties were sold in 10001?
There have been 2,661 property transactions recorded in Chelsea, Manhattan (10001) in the most recent data period, according to NYC Department of Finance records.
What are the transfer taxes when buying property in NYC?
When buying property in NYC, you may owe: NYC Real Property Transfer Tax (1% for sales ≤$500K, 1.425% for sales >$500K), New York State Transfer Tax (0.4%), and Mansion Tax (1% for sales ≥$1M, with higher brackets above $2M). Use the calculator above for an estimate.
What is the rental yield in 10001?
The estimated gross rental yield in Chelsea, Manhattan (10001) is 3.2%, calculated from a median property price of $1,575,000 and average Manhattan rents of $4,200/month.