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25+ years experience · 1,000+ transactions · 5-star reviews
Bronx
Manhattan
Commuters have more transit options in Midtown, which is served by 19 subway lines compared to 0 in Melrose.
| Metric | Melrose | Midtown |
|---|---|---|
| Median Sale Price | $0 | $2,095,000 |
| Median Condo Price | N/A | $2,187,500 |
| Median Co-op Price | N/A | $834,500 |
| Median Rent | $2,322.5 | $6,000 |
| Active Listings | 4 | 369 |
| Rental Inventory | 8 | 409 |
| Days on Market | 0 | 96 |
| Price Cut Share | 0.0% | 7.0% |
| Monthly Sales Volume | 1 | 22 |
| YoY Price Change | 0.0% | +19.7% |
| YoY Rent Change | 0.0% | +21.2% |
| YoY Inventory Change | 0.0% | +10.5% |
| Subway Lines | N/A | 1 2 3 4 5 6 7 A B C D E F M N Q R S W |
Prices in Melrose moved 0.0% over the past year, compared to +19.7% in Midtown. The +19.7% gain in Midtown reflects stronger buyer demand relative to available inventory in that market.
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 ReportMidtown Manhattan is the city's primary commercial and transit hub, home to Grand Central Terminal, Rockefeller Center, Bryant Park, and the Empire State Building. The residential market features luxury condo towers, classic pre-war cooperatives, and postwar doorman buildings served by nearly every subway line in the system. Properties range from high-floor units with skyline panoramas to well-maintained co-ops along the tree-lined side streets east and west of Fifth Avenue.
View Full Market ReportNo subway data available
Times Sq-42 St (1 2 3 7 N Q R S W) — 0.2 mi
42 St-Port Authority (A C E) — 0.4 mi
Grand Central-42 St (4 5 6 7 S) — 0.4 mi
34 St-Herald Sq (B D F M N Q R W) — 0.4 mi
34 St-Penn Station (1 2 3 A C E) — 0.5 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.
