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25+ years experience · 1,000+ transactions · 5-star reviews
Manhattan · New York, NY
17 active listings · Median $9.8M
Calculating market narrative...
A primarily condo submarket with rents at the 5-year high, rising sale prices, and sale listings sitting longer than a year ago.
Median asking rent in Chinatown sits at $4,380/month, matching the 5-year high. Rents are up +4.3% year over year and +82.9% over the past 5 years. Median sale price is $9.80M, near a 5-year high. Sale listings are clearing 49 days slower than at this point last year.
Across NYC, the FARE Act has tightened agent-listed rental supply since August 2024 by shifting the broker fee to landlords who engage a broker. Roughly 35 to 40% of NYC lease signings occur between mid-June and August 15.
Source: StreetEasy market data, through Jun 2026.
Chinatown occupies a dense section of Lower Manhattan centered on Canal Street, where 10 subway lines converge including the 6, J, N, Q, R, W, and Z trains, making it one of the most transit-rich neighborhoods below 14th Street. The housing stock consists primarily of prewar walk-up buildings alongs...
In my 25+ years selling real estate across New York City, I use this Chinatown data in real negotiations, not just for a web page.
Stations: Grand St (0.24 mi), Canal St (0.33 mi), Bowery (0.34 mi), East Broadway (0.37 mi), Brooklyn Bridge-City Hall (0.41 mi)
Midtown: 14 min (B express from Grand St)
| School | Grades | Dist |
|---|---|---|
| P.S. 020 Anna Silver | PK-5 | 0.58 mi |
| P.S. 150 Tribeca Learning Center | PK-5 | 0.74 mi |
| P.S. 234 Independence School | PK-5 | 0.76 mi |
| The STAR Academy - P.S.63 | PK-5 | 0.82 mi |
| P.S. 015 Roberto Clemente | PK-5 | 0.87 mi |
| Henry Street School for International Studies | 6-12 | 0.58 mi |
Live data from REBNY/RLS. Updated every 15 minutes.
Median closed sale price by month
Loading chart data...
Calculating market narrative...
| Inventory & Activity | |
| Active Listings | 11 |
| Pending Sales | 22 |
| New This Week | 1 |
| New This Month | 3 |
| Avg DOM | 61.5 days |
| Price Cut Rate | 18.2% |
| Recent Sales | |
| Sold Last 30 Days | 3 |
| Sold Last 90 Days | 5 |
| Sale-to-List | -- |
| Asking Prices | |
| Median Asking | $9,800,000 |
| Average Asking | $2,336,765 |
| Median $/SqFt | $2,033 |
| Median Condo | $9,800,000 |
| Median Co-op | -- |
Based on active listings in Chinatown
| Type | Active Listings | Median Price | Price Range |
|---|---|---|---|
| Studio | 1 | $550,000 | $550K - $550K |
| 1 Bedroom | 3 | $1,305,000 | $1.18M - $1.55M |
| 2 Bedrooms | 8 | $2,115,000 | $1.20M - $2.63M |
| 3+ Bedrooms | 5 | $3,375,000 | $2.85M - $6.45M |
View active listings by size:
Properties in Chinatown
REBNY/RLS Disclaimer: 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.
Experience across NYC
Transactions closed
Active in Manhattan
Milton Coste is a Licensed Real Estate Associate Broker with Keller Williams NYC. His work covers all five boroughs, with deep experience in co-op boards, condo offerings, townhouse sales, and rental transactions. For Chinatown buyers and sellers, that track record means a broker who has negotiated every type of deal this market produces.
"Milton made the entire buying process seamless. His knowledge of the local market and negotiation skills saved us thousands. Highly recommend for anyone looking in Upper Manhattan."
"We sold our co-op in record time thanks to Milton's marketing strategy. Professional photography, virtual tour, and targeted digital ads brought multiple offers within the first week."
HDFC co-ops sell 30-50% below market in NYC, but income caps (165% AMI), flip taxes up to 30%, and resale caps reshape the math. Full 2026 buyer guide.
On a $1M NYC purchase: co-ops run $20K-$30K, condos $38K-$42K, new dev $60K+. See every fee, who pays, and 5 ways to cut your bill.
Co-ops make up nearly 70% of NYC housing stock but require board approval. Condos cost more but offer flexibility. Here's how to decide.
Pre-approval gives you a 20-30% edge in NYC bidding wars. Here's what lenders need and how to set your budget ceiling.
Roughly 1 in 8 co-op board applications gets rejected. Here's how to prepare your package and ace the interview.
Sale listings that came on the market in the last 7 days.
Homes in Chinatown take a median 62 days to sell. Source: StreetEasy market data.
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Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
The median sale price in Chinatown is $9.8M. Condo sales make up the bulk of activity, with a median of $9.8M. Year-over-year price comparisons swing meaningfully when monthly closed-sale counts are low, so a single recent month is best read alongside the longer-term price trend.
Yes. The median sale price in Chinatown sits within a few percent of the 5-year high. Pricing is firm and listings priced near the comparable median tend to clear with limited room for negotiation.
Sale listings in Chinatown have a median of 61.5 days on market. That is 49 days slower than the same point a year ago. Roughly 18.2% of active listings have recorded a price cut, suggesting some negotiating room.
Chinatown is broadly balanced right now, with median days on market at 61.5 days and 18.2% of active listings carrying a price cut. Pricing depends heavily on the specific building and unit.
Chinatown is primarily a condo market, with the median sale price at $9.8M. Co-op inventory is limited.
Roughly 1 homes change hands each month in Chinatown across condos, co-ops, and townhouses, based on recorded closed sales. That benchmark helps gauge how quickly the market is absorbing new inventory.
The overall median asking rent in Chinatown is $4,380/month. Live RLS listings show 1-bedrooms at $6,423, 2-bedrooms at $9,500, 3+ bedrooms at $14,495 per month. Rents are up 4.3% year over year.
Yes. The median asking rent in Chinatown is currently at the 5-year high. Tenants searching the neighborhood right now are competing in a market priced at peak.
Median asking rent in Chinatown has risen 82.9% over the past 5 years. That puts the neighborhood in context with longer-term NYC rent dynamics rather than just one-year noise.
Within walking or short-transit distance of Chinatown, median sale prices range across Tribeca at $3.0M, Nolita at $2.0M, Lower East Side at $1.5M, Little Italy at $735K. Each has different building stock, co-op vs condo mix, and transit access, so the right comparison depends on the buyer's priorities.
Chinatown is served by the 1, 4, 5, 6, A, B, C, D, E, F, J, N, Q, R, W, Z trains. The commute to Midtown Manhattan runs roughly 14 minutes from Grand St.
Under the FARE Act in effect since August 2024, NYC landlords who engage a broker pay the broker fee directly rather than passing it to tenants. In neighborhoods like Chinatown, this has shifted some smaller landlords toward self-listing, which has tightened the supply of agent-listed rentals citywide and lifted competition for what remains on market.
Milton Coste is a Licensed Real Estate Associate Broker with Keller Williams New York City. He has 25+ years of experience across all five boroughs, with deep transaction history in co-op board packages, condo offerings, townhouse sales, and rentals. Direct: (917) 416-7433. Email: milton@miltoncoste.com.
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Licensed Real Estate Associate Broker
Keller Williams NYC · NY #10301213304
25+ years of experience and over 2,000 transactions closed across NYC. Whether you are buying, selling, or leasing in Chinatown, I will guide you every step of the way.
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