Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

NYC Neighborhood Comparison

Melrose vs South Richmond Hill

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

Bronx|Queens

Melrose

Bronx

South Richmond Hill

Queens

Median Sale Price
$0
$770K
Median Rent
$2K
$2K
Active Listings
4
19
Avg Days on Market
0 days
0 days
YoY Price Change
0.0%
+12.0%
Monthly Sales Volume
1
6

Detailed Comparison

MetricMelroseSouth Richmond Hill
Median Sale Price$0$770,000
Median Condo PriceN/AN/A
Median Co-op PriceN/AN/A
Median Rent$2,322.5$1,970
Active Listings419
Rental Inventory83
Days on Market00
Price Cut Share0.0%21.1%
Monthly Sales Volume16
YoY Price Change0.0%+12.0%
YoY Rent Change0.0%0.0%
YoY Inventory Change0.0%+171.4%
Subway LinesN/AN/A

Year-Over-Year Price Movement

Prices in Melrose moved 0.0% over the past year, compared to +12.0% in South Richmond Hill. The +12.0% gain in South Richmond Hill 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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South Richmond Hill

South Richmond Hill is a residential Queens neighborhood of attached and semi-attached two-story frame and brick homes on narrow lots with small yards. The A train at Lefferts Boulevard and the J train at 111th Street provide subway access. Liberty Avenue is the main commercial corridor, and the neighborhood is known for its concentration of Indo-Caribbean specialty shops and restaurants.

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Transit Access

Melrose

No subway data available

South Richmond Hill

No subway data available

Active Listings

Melrose for sale

View all Melrose listings

South Richmond Hill for sale

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