Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

NYC Neighborhood Comparison

All Downtown vs Melrose

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

Manhattan|Bronx

All Downtown

Manhattan

Melrose

Bronx

How They Compare

Commuters have more transit options in All Downtown, which is served by 11 subway lines compared to 0 in Melrose.

Median Sale Price
$1.5M
$0
Median Rent
$5K
$2K
Active Listings
2387
4
Avg Days on Market
67 days
0 days
YoY Price Change
+11.3%
0.0%
Monthly Sales Volume
242
1

Detailed Comparison

MetricAll DowntownMelrose
Median Sale Price$1,502,500$0
Median Condo Price$2,100,000N/A
Median Co-op Price$970,000N/A
Median Rent$5,495$2,322.5
Active Listings23874
Rental Inventory47198
Days on Market670
Price Cut Share11.5%0.0%
Monthly Sales Volume2421
YoY Price Change+11.3%0.0%
YoY Rent Change+9.4%0.0%
YoY Inventory Change+0.6%0.0%
Subway Lines1 6 A C E J N Q R W ZN/A

Year-Over-Year Price Movement

Prices in All Downtown moved +11.3% over the past year, compared to 0.0% in Melrose. The +11.3% gain in All Downtown reflects stronger buyer demand relative to available inventory in that market.

Neighborhood Profiles

All Downtown

Downtown Manhattan encompasses the neighborhoods south of 14th Street, from the glass towers of the Financial District to the cast-iron lofts of SoHo and the brownstone blocks of the West Village. The housing stock includes luxury new-construction condominiums, prewar co-ops, converted warehouse lofts, and historic townhouses. Multiple subway lines converge at Fulton Center and Union Square, and the PATH train connects to New Jersey.

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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

All Downtown

16ACEJNQRWZ

Canal St (1 6 A C E J N Q R W Z) — 0.1 mi

Spring St (6 C E) — 0.2 mi

Prince St (N R W) — 0.3 mi

Franklin St (1) — 0.3 mi

Bowery (J Z) — 0.5 mi

Melrose

No subway data available

Active Listings

All Downtown for sale

View all All Downtown 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 All Downtown 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, All Downtown or Melrose?
All Downtown has access to 11 subway lines and Melrose has 0, making All Downtown 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, All Downtown or Melrose?
This depends on what type of home fits your household. All Downtown 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 All Downtown 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 All Downtown 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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