NYC Neighborhood Comparison
Side-by-side market data, transit, and neighborhood profiles to help you decide.
Manhattan
Brooklyn
For buyers focused on affordability, Chelsea has the lower median sale price at $1.3M vs $1.6M in Kensington.
Investors analyzing rental yield will find Chelsea offers a stronger rent-to-price ratio based on current market data.
Commuters have more transit options in Chelsea, which is served by 14 subway lines compared to 0 in Kensington.
| Metric | Chelsea | Kensington |
|---|---|---|
| Median Sale Price | $1,250,000 | $1,550,000 |
| Median Condo Price | $3,052,500 | $537,104.5 |
| Median Co-op Price | $830,000 | $400,000 |
| Median Rent | $5,975 | $2,825 |
| Active Listings | 366 | 89 |
| Rental Inventory | 721 | 78 |
| Days on Market | 60.5 | 59 |
| Price Cut Share | 12.8% | 5.6% |
| Monthly Sales Volume | 39 | 4 |
| YoY Price Change | -19.4% | +198.1% |
| YoY Rent Change | +7.7% | +8.7% |
| YoY Inventory Change | -12.9% | +25.4% |
| Subway Lines | 1 2 3 A B C D E F M N Q R W | N/A |
Prices in Chelsea moved -19.4% over the past year, compared to +198.1% in Kensington. Kensington is seeing price appreciation while Chelsea has softened, pointing to different supply-demand dynamics in each market.
Chelsea is the epicenter of New York’s contemporary art world and a hub for innovative architecture. Home to the High Line and Chelsea Market, the neighborhood mixes industrial history with modern luxury. The real estate market here is dominated by high-end condominium developments designed by world-renowned architects, alongside historic pre-war lofts and historic townhouses in the Chelsea Historic District.
View Full Market ReportKensington is a residential Brooklyn neighborhood bordered by Prospect Park to the north and the landmarked Green-Wood Cemetery to the west, with Ocean Parkway running through its center as one of the borough's signature tree-lined boulevards. The housing stock includes brick rowhouses, prewar co-op apartment buildings along Ocean Parkway and Coney Island Avenue, and detached Victorian homes on the side streets, served by the F and G trains at Fort Hamilton Parkway and Church Avenue. The B and Q express trains are accessible within a short walk, providing a 30-to-35-minute commute to Midtown Manhattan.
View Full Market Report34 St-Penn Station (1 2 3 A C E) — 0.6 mi
34 St-Herald Sq (B D F M N Q R W) — 0.7 mi
No subway data available
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 last updated: 1/1/1970.
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