Milton Coste

Licensed Real Estate Associate Broker

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NYC Neighborhood Comparison

Canarsie vs Melrose

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

Brooklyn|Bronx

Canarsie

Brooklyn

Melrose

Bronx

Median Sale Price
$718K
$0
Median Rent
$3K
$2K
Active Listings
82
4
Avg Days on Market
55 days
0 days
YoY Price Change
-7.3%
0.0%
Monthly Sales Volume
18
1

Detailed Comparison

MetricCanarsieMelrose
Median Sale Price$717,500$0
Median Condo Price$24,000N/A
Median Co-op PriceN/AN/A
Median Rent$2,900$2,322.5
Active Listings824
Rental Inventory348
Days on Market550
Price Cut Share9.8%0.0%
Monthly Sales Volume181
YoY Price Change-7.3%0.0%
YoY Rent Change+8.4%0.0%
YoY Inventory Change+5.1%0.0%
Subway LinesN/AN/A

Year-Over-Year Price Movement

Prices in Canarsie moved -7.3% over the past year, compared to 0.0% in Melrose. Both markets have seen price softening, with Canarsie declining more sharply over the measured period.

Neighborhood Profiles

Canarsie

Canarsie is a residential Brooklyn neighborhood where the L train terminates at Rockaway Parkway, connecting residents to Williamsburg and Manhattan's 14th Street corridor. The housing stock spans single-family detached homes, mid-century split-levels, brick rowhouses, and low-rise condominiums on tree-lined streets. The 132-acre Canarsie Park and Canarsie Pier on Jamaica Bay provide extensive waterfront recreation, sports fields, and fishing access along the neighborhood's southern edge.

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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

Canarsie

No subway data available

Melrose

No subway data available

Active Listings

Canarsie for sale

View all Canarsie 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 Canarsie 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, Canarsie or Melrose?
Transit data is not available for these neighborhoods. Check the MTA website for current service maps.
Which is better for families, Canarsie or Melrose?
This depends on what type of home fits your household. Canarsie 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 Canarsie 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 Canarsie 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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