Chelsea Apartments For Sale

Overview of Chelsea Real Estate

Chelsea, Manhattan, NY, is a vibrant and diverse neighborhood that offers a wide range of real estate options for sale. From luxury condos to co-ops, and from trendy apartments to historic brownstones, Chelsea has something for everyone. The neighborhood is known for its rich cultural scene, with numerous art galleries, museums, and performance venues. Chelsea is also a popular destination for foodies, with a variety of restaurants, cafes, and bars to choose from. With its convenient location and access to public transportation, Chelsea is an ideal place to live, work, and play.

West Chelsea Luxury Apartments NYC

West Chelsea is now one of the most expensive neighborhoods in Manhattan after it was rezoned from manufacturing to residential in 2005. Running from Ninth Avenue to the Hudson River and West 14th to West 30th Streets, West Chelsea was once an industrial wasteland littered with parking lots, nightclubs, auto repair shops, manufacturers, and warehouses. The only saving grace of the neighborhood was the many top art galleries that were sprinkled throughout the neighborhood, which remain today.

Buyer's agents can assist potential buyers in finding properties that meet their specific needs, making the search more efficient and tailored.

Now, Chelsea is home to one of the largest concentrations of starchitecture in the US, where one will find the most state of the art and luxurious apartments in Chelsea NYC. These internationally renowned architects, many whom are Pritzker-prize winners, include: Norman Foster, Jean Nouvel, Frank Ghery, Zaha Hadid, Soo Chan, Isay Weinfeld, Roman and Williams, Peter Marino, Thomas Jul Hansen, Annabelle Selldorf, Enrique Norten, Shigeru Ban, Neil Denari, Jeanne Gang, Cary Tamarkin and Anabele Seldorf.

Most recently, Robert A.M. Stern and Bjarke Ingels have designed some of the nicest buildings in all of West Chelsea - the Cortland and One High Line, respectively. With 95% of the developable lots already scooped up, we don’t expect to see any new condo buildings come to the West Chelsea neighborhood in the next few years.

West Chelsea is home to a large section of the High Line—an old railway track that goes along the Hudson River and has public art on display. Many homes for sale have Hudson River views or sit along the High Line Park, which opened in 2009. Because of the 12-story height limit for most lots, overbuilding in this neighborhood is impossible, allowing properties to retain their high values.

Many executives, bankers, lawyers, and tech workers at the companies coming to neighboring Hudson Yards just above 30th Street will be living in West Chelsea with a quick, enviable commute to the office.

As the ancillary shops, restaurants, and art galleries open or reopen to fill in this new neighborhood, we expect that West Chelsea will continue to blossom into one of Manhattan’s most intriguing neighborhoods.

West Chelsea condos

East Chelsea Luxury Apartments NYC

The neighborhood of West Chelsea is located between 9th Avenue and the Hudson River and from 14th Street to 30th Street. Chelsea proper or East Chelsea, of which it is increasingly being referred to, has been a prime location for some years, given that it is very convenient to both midtown and downtown offices. Like the Upper West Side, East Chelsea is a prime location due to its convenience to both midtown and downtown offices. The East Chelsea neighborhood is located from 6th Avenue to 9th Avenue and between 14th and 34th Streets. East Chelsea has some of the older stock of apartments for sale in Chelsea NYC.

Its proximity to the historic neighborhood of Greenwich Village and the West Village, make it a very desirable location. Chelsea apartments include a mix of luxury high-rises and low-rises. In addition, there are many protected townhouses in the neighborhood, giving it a European feel on some streets.

Given the location of Chelsea, developers have already built on lots that they could. We don’t expect much new development to come on the market here, just some boutique buildings from time to time.

Types of Apartments for Sale

Chelsea offers a diverse range of apartments for sale, including:

Luxury condos with high-end finishes and amenities
Co-ops with a more formalized process for buying and selling units
Trendy apartments with modern designs and amenities
Historic brownstones with unique architectural features
Lofts with open layouts and high ceilings
Townhouses with private outdoor spaces

Many of these apartments offer stunning views of the Hudson River, the High Line, or the Manhattan skyline. Some popular buildings in Chelsea include the Chelsea Mercantile, the Chelsea House, and the Walker Tower.

Things to do in Chelsea

Eat or Shop at Chelsea Market

Purchased by Google in 2018 for $2.5 Billion, Chelsea Market was once the Nabisco factory where the Oreo was invented. It is now an indoor food and retail marketplace that takes up the entire block between 9th and 10th Avenues and 15th and 16th Streets. A 6-story office extension on top of Chelsea Market.

Stroll the High Line:

The High Line is an elevated park, just to the West of 10th Avenue, cuts through West Chelsea from north to south from Hudson Yards to the Meatpacking District. Once a railway, this renovated green space above the streets with its original train tracks restored, is a focal point of the neighborhood and has attracted tons of development in West Chelsea.

Starrett Lehigh Building:

This full-block freight terminal, warehouse and office building was built in 1930 and was once a transportation center. A popular place for photoshoots, the building is home to Martha Stewart, Tommy Hilfiger, and Club Monaco. One of the largest buildings in New York City with 2.5M square feet of space, Starrett Lehigh lies between 10th and 11th Avenues and West 26th and West 27th Streets.

Terminal Warehouse:

The renovated Terminal Warehouse on 11th Avenue between West 27th and 18th Streets will be like a mini Chelsea Market when it is completed in late 2023. The Terminal Warehouse will feature Class-A office, retail, and dining. In addition, similar to Chelsea Market, the 670-foot-long tunnel running through the building will be revitalized and lined with retail and dining stalls.

Chelsea Piers:

The largest fitness center in all of New York, NY, Chelsea Piers allows New Yorkers to learn, practice or play over 25 different sports. Some sports include golf (there is a real driving range), swimming (6-lane indoor 75-foot pool and adjacent sundeck), basketball (5 courts), figure skating and ice hockey (Sky rink feature year round programs), soccer (2 turf fields), baseball (batting cages), etc.

Chelsea Art Galleries:

Chelsea is also known as one of the centers of the city's art world, with over 200 galleries in the neighborhood. Since the 1980s, Chelsea has been a popular spot for artists, and it still has some of New York's most renowned galleries. Throughout the neighborhood, you'll find small galleries showcasing work from New York's top artists.

Top 5 Art Galleries in Chelsea

Gagosian Gallery - a contemporary art gallery that has a global presence with 17 exhibition galleries, including NYC on West 24th Street.

David Zwirner Gallery - an American contemporary art gallery with four exhibition galleries, including NYC on West 20th Street.

Haus & Wirth Gallery - a Swiss contemporary and modern art gallery founded in Zurich in 1992.

Pace Gallery - an American contemporary and modern art gallery with 9 locations worldwide, with its New York gallery located on West 25th Street.

C24 - a contemporary art gallery of both local and international artists located on West 24th Street that focuses on underrepresented artists.

Chelsea Museums:

Chelsea has some other great museums, including the Rubin Museum, which has Himalayan, Indian, Buddhist and Chinese art.

The Museum at FIT, the Fashion Institute of Technology, has great exhibits that focus on all types of fashion, such as London Fashion, the corset, monogram retrospect, Gothic glamour and Queer History in Fashion. The museum's permanent collection has over 50,000 garments from the 18th century to the present, including some important designers such as Adrian, Balenciaga, Chanel, and Dior.

Chelsea Real Estate Market Trends

The Chelsea real estate market is highly competitive, with a high demand for luxury properties. According to recent data, the median sales price for a condo in Chelsea is around $1.5 million, while the average price per square foot is around $1,500. The most expensive neighborhood in Chelsea is the area around Hudson Yards, where prices can reach upwards of $10 million. However, there are also more affordable options available, including co-ops and apartments in older buildings.

The Chelsea real estate market is influenced by factors such as location, school districts, and public transportation. The neighborhood is served by several subway lines, including the 1, C, and E trains, making it easy to get around the city. GreatSchools ratings for schools in Chelsea are generally high, making it a popular destination for families.

Overall, the Chelsea real estate market is expected to continue growing in the coming years, with a strong demand for luxury properties and a limited supply of inventory. Whether you’re looking for a luxury condo or a more affordable apartment, Chelsea has something for everyone.

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