Milton Coste

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NYC Neighborhood Comparison

Chelsea vs Throgs Neck

Side-by-side market data, transit, and neighborhood profiles to help you decide.

Manhattan|Bronx

Chelsea

Manhattan

Throgs Neck

Bronx

How They Compare

For buyers focused on affordability, Throgs Neck has the lower median sale price at $809K vs $1.3M in Chelsea.

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 Throgs Neck.

Median Sale Price
$1.3M
$809K
Median Rent
$6K
$3K
Active Listings
366
13
Avg Days on Market
60.5 days
0 days
YoY Price Change
-19.4%
+32.6%
Monthly Sales Volume
39
10

Detailed Comparison

MetricChelseaThrogs Neck
Median Sale Price$1,250,000$809,100
Median Condo Price$3,052,500N/A
Median Co-op Price$830,000$273,600
Median Rent$5,975$2,576
Active Listings36613
Rental Inventory72123
Days on Market60.50
Price Cut Share12.8%6.7%
Monthly Sales Volume3910
YoY Price Change-19.4%+32.6%
YoY Rent Change+7.7%-4.6%
YoY Inventory Change-12.9%+18.2%
Subway Lines1 2 3 A B C D E F M N Q R WN/A

Year-Over-Year Price Movement

Prices in Chelsea moved -19.4% over the past year, compared to +32.6% in Throgs Neck. Throgs Neck is seeing price appreciation while Chelsea has softened, pointing to different supply-demand dynamics in each market.

Neighborhood Profiles

Chelsea

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.

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Throgs Neck

Throgs Neck is a waterfront Bronx neighborhood of single-family brick homes, two-family houses, and low-rise apartment buildings on a peninsula between the East River and Long Island Sound. The neighborhood is connected by bus to the 6 train at Pelham Bay Park, and the Throgs Neck Bridge provides direct highway access to Long Island. Throgs Neck Park and the SUNY Maritime College campus line the waterfront.

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Transit Access

Chelsea

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34 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

Throgs Neck

No subway data available

Active Listings

Chelsea for sale

View all Chelsea listings

Throgs Neck for sale

View all Throgs Neck listings

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 is refreshed every 15 minutes per REBNY IDX requirements.

Chelsea vs Throgs Neck: Home Price Resilience 2008-2020

From the 2008 financial crisis through the 2020 pandemic, the NYC metro Case-Shiller composite fell about 25% peak-to-trough between 2007 and 2012, then fully recovered by 2017 and gained another 15% through Q1 2020. Chelsea and Throgs Neck both tracked this broader NYC arc, with annual closing volume contracting sharply in 2009 and again in Q2 2020 before normalizing.

Chelsea tracked the more resilient Manhattan price path with a 10% to 15% peak-to-trough decline, while Throgs Neck moved closer to the broader NYC metro pattern of a 20% to 25% retracement before recovering through 2017.

Source: Per Case-Shiller Home Price Index, NYC metro subset, 2008-2020, cross-referenced with StreetEasy historical price data series.

Metric (2026)ChelseaThrogs Neck
Median Sale Price$1,250,000$809,100
Median Rent$5,975/mo$2,576/mo
Year-over-Year Price Change-19.4%+32.6%
Average Days on Market60.5 days0 days
Distance to Nearest Subway0.59 miN/A

Table values reflect current 2026 market conditions. Historical 2008-2020 commentary is sourced from Case-Shiller NYC metro composite and StreetEasy historical series.

Frequently Asked Questions

Is Chelsea cheaper than Throgs Neck?
Throgs Neck is more affordable, with a median sale price of $809,100 vs $1,250,000 in Chelsea. Pricing can vary widely by building, floor, and unit condition, so review current listings for accurate comparisons.
Which has better transit, Chelsea or Throgs Neck?
Chelsea has access to 14 subway lines and Throgs Neck has 0, making Chelsea the stronger option for transit access. Throgs Neck has 0 lines, which may still cover your commute depending on your destination.
Which is better for families, Chelsea or Throgs Neck?
This depends on what type of home fits your household. Chelsea and Throgs Neck both offer a mix of apartment and multi-room units in co-ops, condos, and townhouses. Larger 3- and 4-bedroom units, including townhouses and multi-family properties, tend to be more available in lower-density areas. Reviewing active listings filtered by bedroom count is the most reliable way to see what each neighborhood currently offers for larger households. A licensed broker can pull current inventory by bedroom count across both areas for a direct comparison.
Should I buy in Chelsea or Throgs Neck?
The right neighborhood depends on your price range, commute needs, and preferred property type. A comparative market analysis (CMA) of recent sales in both Chelsea and Throgs Neck gives you the clearest picture of what your budget gets in each location. Request a free CMA from Milton Coste to get a side-by-side breakdown of current opportunities.

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