Milton Coste

Licensed Real Estate Associate Broker

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NYC Neighborhood Comparison

Battery Park City vs Melrose

Side-by-side market data, transit, and neighborhood profiles to help you decide.

Manhattan|Bronx

Battery Park City

Manhattan

Melrose

Bronx

How They Compare

Commuters have more transit options in Battery Park City, which is served by 9 subway lines compared to 0 in Melrose.

Median Sale Price
$815K
$0
Median Rent
$5K
$2K
Active Listings
117
4
Avg Days on Market
79 days
0 days
YoY Price Change
-38.0%
0.0%
Monthly Sales Volume
14
1

Detailed Comparison

MetricBattery Park CityMelrose
Median Sale Price$815,000$0
Median Condo Price$670,000N/A
Median Co-op Price$2,038,605.5N/A
Median Rent$5,355$2,322.5
Active Listings1174
Rental Inventory1598
Days on Market790
Price Cut Share10.3%0.0%
Monthly Sales Volume141
YoY Price Change-38.0%0.0%
YoY Rent Change+7.2%0.0%
YoY Inventory Change+9.3%0.0%
Subway Lines1 2 3 4 5 J R W ZN/A

Year-Over-Year Price Movement

Prices in Battery Park City moved -38.0% over the past year, compared to 0.0% in Melrose. Both markets have seen price softening, with Battery Park City declining more sharply over the measured period.

Neighborhood Profiles

Battery Park City

Battery Park City is a meticulously planned residential development at the southern tip of Manhattan. Surrounded by the Hudson River and over 30 acres of manicured parks, it offers a low-traffic, suburban feel within the city. The neighborhood is known for its commitment to green building standards and features a range of luxury condominiums and cooperatives that offer breathtaking views of the Statue of Liberty and the New York Harbor.

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Melrose

Melrose features 19th-century brownstones, neo-Renaissance apartment houses, and modern LEED-certified developments like Via Verde, all anchored by the commercial corridors along Third Avenue and Melrose Avenue. The 2 and 5 trains stop at East 149th Street, the 4 train serves nearby stations, and St. Mary's Park provides 35 acres of green space on the neighborhood's edge.

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Transit Access

Battery Park City

12345JRWZ

Rector St (1 R W) — 0.1 mi

Bowling Green (4 5) — 0.2 mi

Wall St (2 3 4 5) — 0.2 mi

Broad St (J Z) — 0.3 mi

Whitehall St-South Ferry (R W) — 0.3 mi

Melrose

No subway data available

Active Listings

Battery Park City for sale

View all Battery Park City listings

Melrose for sale

View all Melrose listings

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 last updated: 1/1/1970.

Frequently Asked Questions

Is Battery Park City cheaper than Melrose?
Median sale price data is not yet available for one or both neighborhoods. Contact Milton for a current market analysis.
Which has better transit, Battery Park City or Melrose?
Battery Park City has access to 9 subway lines and Melrose has 0, making Battery Park City the stronger option for transit access. Melrose has 0 lines, which may still cover your commute depending on your destination.
Which is better for families, Battery Park City or Melrose?
This depends on what type of home fits your household. Battery Park City and Melrose both offer a mix of apartment and multi-room units in co-ops, condos, and townhouses. Larger 3- and 4-bedroom units, including townhouses and multi-family properties, tend to be more available in lower-density areas. Reviewing active listings filtered by bedroom count is the most reliable way to see what each neighborhood currently offers for larger households. A licensed broker can pull current inventory by bedroom count across both areas for a direct comparison.
Should I buy in Battery Park City or Melrose?
The right neighborhood depends on your price range, commute needs, and preferred property type. A comparative market analysis (CMA) of recent sales in both Battery Park City and Melrose gives you the clearest picture of what your budget gets in each location. Request a free CMA from Milton Coste to get a side-by-side breakdown of current opportunities.

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Need Help Choosing?

With 25+ years of experience across all five boroughs, I can help you find the right neighborhood for your lifestyle and budget.

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