Chelsea

Chelsea is a neighborhood on the West Side of the borough of Manhattan in New York City. District boundaries: approximately 14th Street to South, 30th Street to North, the Western boundary of the Ladies' Mile Historic District that lies between the Avenue of the Americas (Sixth Avenue) and Seventh Avenue to the East, and the Hudson River and West Street to the West. To the north of Chelsea is the neighborhood of Hell's Kitchen, also known as "Clinton", to the northeast is the Garment District, to the east are NoMad and the Flatiron District, to the southwest is the Meatpacking District and to the southeast is the West Village.  

The neighborhood is primarily residential, with a mix of tenements, apartment blocks, city housing projects, townhouses and renovated rowhouses, and its many retail businesses reflect the ethnic and social diversity of the population. The western part of Chelsea has become a center of the New York art world, with many art galleries located in both new buildings and rehabilitated warehouses.
 
Since the mid-1990s, Chelsea has become a center of the New York art world, as art galleries moved there from SoHo. From 16th Street to 27th Street, between 10th and 11th Avenues, there are more than 350 art galleries that are home to modern art from upcoming artists and respected artists as well.[14] Along with the art galleries, Chelsea is home to the Rubin Museum of Art - with a focus on Himalayan art, the Chelsea Art Museum, the Graffiti Research Lab and the Dance Theater Workshop - a performance space and support organization for dance companies. The community, in fact, is home to many highly regarded performance venues, among them the Joyce Theater - one of the city's premier modern dance emporiums and The Kitchen - a center for cutting-edge theatrical and visual arts.  With a change in zoning resolution in conjunction with the development of the High Line, Chelsea has experienced a new construction boom, with projects by notable architects such as Shigeru Ban, Neil Denari, Jean Nouvel, and Frank Gehry.

 

 
Demographics:
 
  • Median Age: 39.96

  • Population Density (ppl / mile): 44,112

  • Households with Children: 8%

  • Annual Residential Turnover: 19%

  • Median Income: $79,615

  • Crime: 1.40 (National average: 1.0)

 
Average Property Price
 
Sale: (Per Square Feet)
  • 1 beddroom $1,153.71
  • 2 bedrooms $1,306.06
  • 3 bedrooms >$ 1,855.91
Rental: (Per Month)
  • 1 bedroom $3,266.48
  • 2 bedrooms $5,136.93
  • 3 bedrooms $9,021.89