NYC Neighborhood Comparison
Side-by-side market data, transit, and neighborhood profiles to help you decide.
Manhattan
Queens
For buyers focused on affordability, Kew Gardens has the lower median sale price at $260K vs $1.3M in Chelsea.
Investors analyzing rental yield will find Kew Gardens 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 Kew Gardens.
| Metric | Chelsea | Kew Gardens |
|---|---|---|
| Median Sale Price | $1,250,000 | $260,000 |
| Median Condo Price | $3,052,500 | $410,670 |
| Median Co-op Price | $830,000 | $260,000 |
| Median Rent | $5,975 | $2,795 |
| Active Listings | 366 | 65 |
| Rental Inventory | 721 | 119 |
| Days on Market | 60.5 | 88 |
| Price Cut Share | 12.8% | 15.4% |
| Monthly Sales Volume | 39 | 11 |
| YoY Price Change | -19.4% | -5.5% |
| YoY Rent Change | +7.7% | +18.9% |
| YoY Inventory Change | -12.9% | -8.5% |
| 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 -5.5% in Kew Gardens. 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 ReportKew Gardens is a lush and architecturally rich neighborhood in Central Queens, often described as a 'village in the city.' Bordering the massive Forest Park, the area offers abundant green space and a relaxed residential atmosphere. The real estate market is famous for its historic pre-war cooperatives, historic Tudor-style homes, and modern condominiums, providing a high quality of life with excellent transit links via the LIRR and the E/F subway lines.
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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