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25+ years experience · 1,000+ transactions · 5-star reviews
Manhattan
Bronx
Commuters have more transit options in Chinatown, which is served by 16 subway lines compared to 0 in Melrose.
| Metric | Chinatown | Melrose |
|---|---|---|
| Median Sale Price | $550,364 | $0 |
| Median Condo Price | $550,364 | N/A |
| Median Co-op Price | N/A | N/A |
| Median Rent | $4,195 | $2,322.5 |
| Active Listings | 8 | 4 |
| Rental Inventory | 36 | 8 |
| Days on Market | 0 | 0 |
| Price Cut Share | 13.3% | 0.0% |
| Monthly Sales Volume | 1 | 1 |
| YoY Price Change | 0.0% | 0.0% |
| YoY Rent Change | +19.9% | 0.0% |
| YoY Inventory Change | +14.3% | 0.0% |
| Subway Lines | 1 4 5 6 A B C D E F J N Q R W Z | N/A |
Both Chinatown and Melrose saw prices shift 0.0% over the past year. Comparable year-over-year movement suggests both markets are tracking similar citywide conditions.
Chinatown occupies a dense section of Lower Manhattan centered on Canal Street, where 10 subway lines converge including the 6, J, N, Q, R, W, and Z trains, making it one of the most transit-rich neighborhoods below 14th Street. The housing stock consists primarily of prewar walk-up buildings alongside newer condominium developments and the 44-story Confucius Plaza residential tower. Columbus Park, one of the city's earliest public parks, and the 7.8-acre Sara D. Roosevelt Park provide open green space along the neighborhood's edges.
View Full Market ReportMelrose 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.
View Full Market ReportGrand St (B D) — 0.2 mi
Canal St (1 6 A C E J N Q R W Z) — 0.3 mi
Bowery (J Z) — 0.3 mi
East Broadway (F) — 0.4 mi
Brooklyn Bridge-City Hall (4 5 6) — 0.4 mi
No subway data available
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.
With 25+ years of experience across all five boroughs, I can help you find the right neighborhood for your lifestyle and budget.
