Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

NYC Neighborhood Comparison

Melrose vs Midtown South

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

Bronx|Manhattan

Melrose

Bronx

Midtown South

Manhattan

How They Compare

Commuters have more transit options in Midtown South, which is served by 16 subway lines compared to 0 in Melrose.

Median Sale Price
$0
$850K
Median Rent
$2K
$5K
Active Listings
4
69
Avg Days on Market
0 days
48 days
YoY Price Change
0.0%
+0.2%
Monthly Sales Volume
1
4

Detailed Comparison

MetricMelroseMidtown South
Median Sale Price$0$850,000
Median Condo PriceN/A$2,760,000
Median Co-op PriceN/A$610,000
Median Rent$2,322.5$5,100
Active Listings469
Rental Inventory8208
Days on Market048
Price Cut Share0.0%8.7%
Monthly Sales Volume14
YoY Price Change0.0%+0.2%
YoY Rent Change0.0%+5.2%
YoY Inventory Change0.0%+4.5%
Subway LinesN/A1 2 3 7 A B C D E F M N Q R S W

Year-Over-Year Price Movement

Prices in Melrose moved 0.0% over the past year, compared to +0.2% in Midtown South. The +0.2% gain in Midtown South reflects stronger buyer demand relative to available inventory in that market.

Neighborhood Profiles

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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Midtown South

Midtown South encompasses the blocks around the Flatiron Building and Madison Square Park, featuring converted loft-style condos, Beaux-Arts co-ops, and Art Deco apartment buildings alongside new residential towers. The R and W trains at 23rd Street, the 6 train on Park Avenue South, and the F and M trains on Sixth Avenue provide extensive subway coverage.

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Transit Access

Melrose

No subway data available

Midtown South

1237ABCDEFMNQRSW

34 St-Penn Station (1 2 3 A C E) — 0.3 mi

34 St-Herald Sq (B D F M N Q R W) — 0.5 mi

42 St-Port Authority (A C E) — 0.7 mi

Times Sq-42 St (1 2 3 7 N Q R S W) — 0.7 mi

Active Listings

Melrose for sale

View all Melrose listings

Midtown South for sale

View all Midtown South 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 Melrose cheaper than Midtown South?
Median sale price data is not yet available for one or both neighborhoods. Contact Milton for a current market analysis.
Which has better transit, Melrose or Midtown South?
Melrose has access to 0 subway lines and Midtown South has 16, making Midtown South 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, Melrose or Midtown South?
This depends on what type of home fits your household. Melrose and Midtown South 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 Melrose or Midtown South?
The right neighborhood depends on your price range, commute needs, and preferred property type. A comparative market analysis (CMA) of recent sales in both Melrose and Midtown South 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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