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25+ years experience · 1,000+ transactions · 5-star reviews
Bronx
Manhattan
Commuters have more transit options in Nolita, which is served by 13 subway lines compared to 0 in Melrose.
| Metric | Melrose | Nolita |
|---|---|---|
| Median Sale Price | $0 | $34,500 |
| Median Condo Price | N/A | $1,541,643.5 |
| Median Co-op Price | N/A | $34,500 |
| Median Rent | $2,322.5 | $5,495 |
| Active Listings | 4 | 18 |
| Rental Inventory | 8 | 128 |
| Days on Market | 0 | 13 |
| Price Cut Share | 0.0% | 11.8% |
| Monthly Sales Volume | 1 | 3 |
| YoY Price Change | 0.0% | 0.0% |
| YoY Rent Change | 0.0% | +11.6% |
| YoY Inventory Change | 0.0% | -5.3% |
| Subway Lines | N/A | 1 6 A B C D E J N Q R W Z |
Both Melrose and Nolita saw prices shift 0.0% over the past year. Comparable year-over-year movement suggests both markets are tracking similar citywide conditions.
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.
View Full Market ReportNolita (North of Little Italy) is a stylish and intimate neighborhood known for its narrow streets, boutique shopping, and cozy cafes. It offers a village-like atmosphere that feels worlds away from the surrounding bustle. The real estate market is characterized by historic low-rise walk-up buildings and a select few modern boutique condominiums that offer a high level of design and luxury in one of Manhattan's most fashionable and walkable districts.
View Full Market ReportNo subway data available
Spring St (6 C E) — 0.0 mi
Prince St (N R W) — 0.1 mi
Bowery (J Z) — 0.2 mi
Grand St (B D) — 0.3 mi
Canal St (1 6 A C E J N Q R W Z) — 0.3 mi
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.
With 25+ years of experience across all five boroughs, I can help you find the right neighborhood for your lifestyle and budget.