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25+ years experience · 1,000+ transactions · 5-star reviews
Manhattan
Bronx
| Metric | Chelsea | Melrose |
|---|---|---|
| Median Sale Price | $1,305,000 | $0 |
| Median Condo Price | $2,087,000 | N/A |
| Median Co-op Price | $697,586 | N/A |
| Median Rent | $5,500 | $2,322.5 |
| Active Listings | 394 | 4 |
| Rental Inventory | 653 | 7 |
| Days on Market | 107 | 0 |
| Price Cut Share | 12.9% | 0.0% |
| Monthly Sales Volume | 26 | 4 |
| YoY Price Change | -27.1% | 0.0% |
| YoY Rent Change | +1.9% | 0.0% |
| YoY Inventory Change | +5.6% | -20.0% |
| Subway Lines | 1 2 3 A B C D E F M N Q R W | N/A |
Chelsea is the epicenter of New York’s contemporary art world and a hub for innovative architecture. Home to the High Line and Chelsea Market, the neighborhood seamlessly blends industrial history with modern luxury. The real estate market here is dominated by high-end condominium developments designed by world-renowned architects, alongside charming pre-war lofts and historic townhouses in the Chelsea Historic District.
View Full Market ReportMelrose 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 Report34 St-Penn Station (1 2 3 A C E) — 0.6 mi
34 St-Herald Sq (B D F M N Q R W) — 0.7 mi
No subway data available
With 25+ years of experience across all five boroughs, I can help you find the right neighborhood for your lifestyle and budget.