Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

NYC Neighborhood Comparison

Flatiron vs Melrose

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

Manhattan|Bronx

Flatiron

Manhattan

Melrose

Bronx

Median Sale Price
$1.9M
$0
Median Rent
$6K
$2K
Active Listings
222
4
Avg Days on Market
79 days
0 days
YoY Price Change
-28.2%
0.0%
Monthly Sales Volume
16
4

Detailed Comparison

MetricFlatironMelrose
Median Sale Price$1,850,000$0
Median Condo Price$1,725,000N/A
Median Co-op Price$1,775,000N/A
Median Rent$6,012.5$2,322.5
Active Listings2224
Rental Inventory2507
Days on Market790
Price Cut Share10.4%0.0%
Monthly Sales Volume164
YoY Price Change-28.2%0.0%
YoY Rent Change-2.9%0.0%
YoY Inventory Change+3.7%-20.0%
Subway Lines1 2 3 B D F M N Q R WN/A

Neighborhood Profiles

Flatiron

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.

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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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Transit Access

Flatiron

123BDFMNQRW

34 St-Herald Sq (B D F M N Q R W) — 0.6 mi

34 St-Penn Station (1 2 3) — 0.7 mi

Melrose

No subway data available

Active Listings

Flatiron for sale

View all Flatiron listings

Melrose for sale

View all Melrose listings

More Comparisons

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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