Property Prices in Chelsea, Manhattan (10011)

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

Last updated: 03/13/2026
$1,501,000
Median Price
$3,800,210
Average Price
4,857
Transactions
$1,339
Avg. Price / Sq Ft

Average Property Price in Chelsea

The average property price in Chelsea, Manhattan (10011) is $3,800,210, based on 4,857 transactions recorded by the NYC Department of Finance. The median price is $1,501,000, giving a price range from $10,000 to $260,000,000.

The average price per square foot is $1,339.

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 $515,000 Condo 405 West 23 Street, 7D
2025-12-22 $2,950,000 Condo 15 West 17Th Street, 2
2025-12-19 $4,500,000 2-Family 447 West 24Th 3,360 $1,339
2025-12-19 $875,000 Walk-up 337 West 20 Street, 1B
2025-12-19 $1,100,000 Walk-up 354 West 23 Street, Gc
2025-12-19 $680,000 Condo 16 West 19Th Street, 3-A
2025-12-18 $800,000 Elevator Apt 255 West 23Rd Street, 1Ae
2025-12-18 $2,705,000 Condo 133 West 14 Street, 2

NYC Transfer Tax Calculator for 10011

NYC Transfer Tax
NYS Transfer Tax
Mansion Tax
Total Transfer Taxes
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

3.4%
Estimated Gross Rental Yield
Based on median price of $1,501,000 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 4,857 comparable sales →

Nearby ZIP Codes in Manhattan

Frequently Asked Questions

What is the average property price in 10011?
The average property price in Chelsea, Manhattan (10011) is $3,800,210, with a median price of $1,501,000. This is based on 4,857 recent transactions recorded by the NYC Department of Finance.
How many properties were sold in 10011?
There have been 4,857 property transactions recorded in Chelsea, Manhattan (10011) 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 10011?
The estimated gross rental yield in Chelsea, Manhattan (10011) is 3.4%, calculated from a median property price of $1,501,000 and average Manhattan rents of $4,200/month.