Neighborhood Intelligence
Chelsea
A vibrant neighborhood known for art galleries, High Line access, and creative office spaces in converted warehouses.
5.5-6.5%
Avg Cap Rate
$900-1,400
Price per SF
4
Skyline Transactions
Market Overview
35M+
Total SF
12.8%
Vacancy Rate
$85/SF
Avg Asking Rent
Key Highlights
High LineChelsea MarketGallery DistrictHudson Yards Adjacent
Primary Asset Classes
Creative OfficeRetailMixed-UseGallery Space
Skyline Transactions
$129M+ TotalChelsea Transaction Map
Interactive map coming soon
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Contact Our TeamMarket Metrics
Avg Cap Rate5.5-6.5%
Price/SF Range$900-1,400
2024 Volume$1.5B (2024 YTD)
Vacancy12.8%
Ground Lease Opportunities
Explore ground lease structures for properties in Chelsea.
Learn About Ground Leases →Invest in Chelsea
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