Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

NYC Neighborhood Comparison

Melrose vs Prospect Lefferts Gardens

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

Bronx|Brooklyn

Melrose

Bronx

Prospect Lefferts Gardens

Brooklyn

Median Sale Price
$0
$1.2M
Median Rent
$2K
$3K
Active Listings
4
44
Avg Days on Market
0 days
32 days
YoY Price Change
0.0%
+110.9%
Monthly Sales Volume
1
10

Detailed Comparison

MetricMelroseProspect Lefferts Gardens
Median Sale Price$0$1,212,500
Median Condo PriceN/A$912,500
Median Co-op PriceN/AN/A
Median Rent$2,322.5$3,150
Active Listings444
Rental Inventory8165
Days on Market032
Price Cut Share0.0%4.5%
Monthly Sales Volume110
YoY Price Change0.0%+110.9%
YoY Rent Change0.0%+6.1%
YoY Inventory Change0.0%+18.9%
Subway LinesN/AN/A

Year-Over-Year Price Movement

Prices in Melrose moved 0.0% over the past year, compared to +110.9% in Prospect Lefferts Gardens. The +110.9% gain in Prospect Lefferts Gardens 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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Prospect Lefferts Gardens

Prospect Lefferts Gardens borders the eastern edge of Prospect Park and sits adjacent to the Brooklyn Botanic Garden and Brooklyn Museum, with the Lefferts Manor Historic District preserving blocks of limestone, brownstone, and brick rowhouses in Renaissance Revival, Neo-Federal, and Tudor Revival styles. The B, Q, and S trains stop at Prospect Park station, the Q serves Parkside Avenue, and the 2 and 5 trains connect at Sterling and Winthrop Streets. Housing ranges from intact 19th- and early 20th-century rowhouses to prewar apartment buildings along the main corridors.

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Transit Access

Melrose

No subway data available

Prospect Lefferts Gardens

No subway data available

Active Listings

Melrose for sale

View all Melrose listings

Prospect Lefferts Gardens for sale

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