Bronx
Manhattan
Commuters have more transit options in Soho, which is served by 11 subway lines compared to 0 in Melrose.
| Metric | Melrose | Soho |
|---|---|---|
| Median Sale Price | $0 | $3,805,000 |
| Median Condo Price | N/A | $3,049,999.5 |
| Median Co-op Price | N/A | $3,675,000 |
| Median Rent | $2,322.5 | $8,495 |
| Active Listings | 4 | 145 |
| Rental Inventory | 8 | 147 |
| Days on Market | 0 | 72 |
| Price Cut Share | 0.0% | 12.4% |
| Monthly Sales Volume | 1 | 12 |
| YoY Price Change | 0.0% | +25.5% |
| YoY Rent Change | 0.0% | +14.0% |
| YoY Inventory Change | 0.0% | +0.7% |
| Subway Lines | N/A | 1 6 A C E J N Q R W Z |
Prices in Melrose moved 0.0% over the past year, compared to +25.5% in Soho. The +25.5% gain in Soho 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 ReportSoHo contains the world's largest concentration of cast-iron architecture, with approximately 250 landmarked buildings within the SoHo-Cast Iron Historic District. The housing stock centers on spacious loft conversions with high ceilings and oversized windows, alongside luxury condominiums and pre-war walk-ups, served by the C, E, N, Q, R, W, 1, 4, and 6 trains. The cobblestone streets and commercial corridors along Broadway, West Broadway, and Prince Street define one of Manhattan's most architecturally distinctive neighborhoods.
View Full Market ReportNo subway data available
Canal St (1 6 A C E J N Q R W Z) — 0.1 mi
Spring St (6 C E) — 0.2 mi
Prince St (N R W) — 0.3 mi
Franklin St (1) — 0.3 mi
Bowery (J Z) — 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.
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