Milton Coste

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NYC Neighborhood Comparison

Brooklyn Heights vs Melrose

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

Brooklyn|Bronx

Brooklyn Heights

Brooklyn

Melrose

Bronx

How They Compare

Commuters have more transit options in Brooklyn Heights, which is served by 8 subway lines compared to 0 in Melrose.

Median Sale Price
$1.1M
$0
Median Rent
$5K
$2K
Active Listings
84
4
Avg Days on Market
31 days
0 days
YoY Price Change
-19.0%
0.0%
Monthly Sales Volume
12
1

Detailed Comparison

MetricBrooklyn HeightsMelrose
Median Sale Price$1,099,500$0
Median Condo Price$2,700,000N/A
Median Co-op Price$903,028N/A
Median Rent$4,946$2,322.5
Active Listings844
Rental Inventory1388
Days on Market310
Price Cut Share9.5%0.0%
Monthly Sales Volume121
YoY Price Change-19.0%0.0%
YoY Rent Change+5.2%0.0%
YoY Inventory Change-33.9%0.0%
Subway Lines2 3 4 5 A C F RN/A

Year-Over-Year Price Movement

Prices in Brooklyn Heights moved -19.0% over the past year, compared to 0.0% in Melrose. Both markets have seen price softening, with Brooklyn Heights declining more sharply over the measured period.

Neighborhood Profiles

Brooklyn Heights

Brooklyn Heights is New York City’s first historic district, famous for its grand architecture and the iconic Brooklyn Heights Promenade. Offering some of the most breathtaking views of Lower Manhattan and the Statue of Liberty, the neighborhood exudes a low-traffic, old-world elegance. The real estate market is characterized by magnificent pre-war townhouses, sought-after cooperatives, and a select few ultra-luxury waterfront developments along Brooklyn Bridge Park.

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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

Brooklyn Heights

2345ACFR

Clark St (2 3) — 0.1 mi

Court St (R) — 0.2 mi

High St (A C) — 0.3 mi

Borough Hall (2 3 4 5) — 0.3 mi

Jay St-MetroTech (A C F R) — 0.4 mi

Melrose

No subway data available

Active Listings

Brooklyn Heights for sale

View all Brooklyn Heights 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 Brooklyn Heights 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, Brooklyn Heights or Melrose?
Brooklyn Heights has access to 8 subway lines and Melrose has 0, making Brooklyn Heights 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, Brooklyn Heights or Melrose?
This depends on what type of home fits your household. Brooklyn Heights 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 Brooklyn Heights 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 Brooklyn Heights 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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