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25+ years experience · 1,000+ transactions · 5-star reviews
NYC Neighborhood Comparison
Side-by-side market data, transit, and neighborhood profiles to help you decide.
Manhattan
Brooklyn
For buyers focused on affordability, Prospect Park South has the lower median sale price at $680K vs $1.3M in Chelsea.
Commuters have more transit options in Chelsea, which is served by 14 subway lines compared to 0 in Prospect Park South.
| Metric | Chelsea | Prospect Park South |
|---|---|---|
| Median Sale Price | $1,250,000 | $680,000 |
| Median Condo Price | $3,052,500 | $628,220 |
| Median Co-op Price | $830,000 | N/A |
| Median Rent | $5,975 | $3,300 |
| Active Listings | 366 | 22 |
| Rental Inventory | 721 | 63 |
| Days on Market | 60.5 | 119.5 |
| Price Cut Share | 12.8% | 9.1% |
| Monthly Sales Volume | 39 | 2 |
| YoY Price Change | -19.4% | 0.0% |
| YoY Rent Change | +7.7% | +18.1% |
| YoY Inventory Change | -12.9% | -4.3% |
| 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 0.0% in Prospect Park South. Both markets have seen price softening, with Chelsea declining more sharply over the measured period.
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 ReportProspect Park South is a designated New York City historic district featuring over 200 architect-designed homes in Queen Anne, Tudor Revival, Colonial Revival, and Italianate styles, many with spacious front yards and original period details. The B and Q trains stop at Parkside Avenue and Prospect Park stations, placing Downtown Brooklyn and Manhattan within easy reach. The neighborhood borders Prospect Park's southern edge, providing direct access to 526 acres of green space including the Parade Ground's athletic fields.
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.
With 25+ years of experience across all five boroughs, I can help you find the right neighborhood for your lifestyle and budget.