NYC Neighborhood Comparison
Side-by-side market data, transit, and neighborhood profiles to help you decide.
Manhattan
Bronx
Commuters have more transit options in East Harlem, which is served by 3 subway lines compared to 0 in Melrose.
| Metric | East Harlem | Melrose |
|---|---|---|
| Median Sale Price | $688,500 | $0 |
| Median Condo Price | $663,250 | N/A |
| Median Co-op Price | $499,911 | N/A |
| Median Rent | $2,950 | $2,322.5 |
| Active Listings | 65 | 4 |
| Rental Inventory | 351 | 8 |
| Days on Market | 73 | 0 |
| Price Cut Share | 21.5% | 0.0% |
| Monthly Sales Volume | 4 | 1 |
| YoY Price Change | -2.1% | 0.0% |
| YoY Rent Change | +1.9% | 0.0% |
| YoY Inventory Change | +8.3% | 0.0% |
| Subway Lines | 4 5 6 | N/A |
Prices in East Harlem moved -2.1% over the past year, compared to 0.0% in Melrose. Both markets have seen price softening, with East Harlem declining more sharply over the measured period.
East Harlem, also known as El Barrio, is a neighborhood rich in culture, art, and history. Known for its colorful murals and the historic La Marqueta, the area features a growing number of new residential developments alongside historic buildings. The real estate market offers some of Manhattan's most accessible price points, featuring a mix of historic walk-up cooperatives, value-driven HDFC units, and a surge of new luxury condominium developments that offer modern amenities and easy access to the Upper East Side.
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 Report125 St (4 5 6) — 0.6 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.
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