CHELSEA

PUBLISHED ON Oct 6, 2016

Situated on Manhattan’s West Side between 14th and 30th Streets, along the Hudson River, Chelsea has become one of the city’s most dynamic neighborhoods. Its thriving arts scene has always been a big draw for creative types. It is the home of the Dia Center for the Arts, the Chelsea Art Museum and nearly 200 art galleries. The neighborhood also has stylish shops, off-Broadway theater and some of the most exclusive restaurants and bars in the city, always open, day or night. When they called New York “the city that never sleeps”, they were probably thinking about Chelsea.

Chelsea’s residential real properties include new construction luxury condominiums along the High Line, loft buildings converted to residential usage and some beautiful and historic townhouses nestled gracefully within the neighborhood’s hustle and bustle. Some other property types include prewar apartments, new construction luxury apartments and loft buildings converted to residential usage. Chelsea is one of the densest residential neighborhoods in the city but the real estate prices are steep – average residential property price per sq. ft. is around US$1,778.