Manhattan
Bronx
| Metric | Flatiron | Melrose |
|---|---|---|
| Median Sale Price | $1,850,000 | $0 |
| Median Condo Price | $1,725,000 | N/A |
| Median Co-op Price | $1,775,000 | N/A |
| Median Rent | $6,012.5 | $2,322.5 |
| Active Listings | 222 | 4 |
| Rental Inventory | 250 | 7 |
| Days on Market | 79 | 0 |
| Price Cut Share | 10.4% | 0.0% |
| Monthly Sales Volume | 16 | 4 |
| YoY Price Change | -28.2% | 0.0% |
| YoY Rent Change | -2.9% | 0.0% |
| YoY Inventory Change | +3.7% | -20.0% |
| Subway Lines | 1 2 3 B D F M N Q R W | N/A |
The Flatiron District is a vibrant intersection of history, technology, and luxury living. Named after the iconic Flatiron Building, the neighborhood is centered around Madison Square Park and is a hub for the city's 'Silicon Alley.' The real estate market is famous for its grand cast-iron loft buildings with high ceilings and expansive floor plans, alongside ultra-luxury glass towers that offer modern amenities and central Manhattan convenience.
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-Herald Sq (B D F M N Q R W) — 0.6 mi
34 St-Penn Station (1 2 3) — 0.7 mi
No subway data available
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