Brooklyn
Bronx
| Metric | Gowanus | Melrose |
|---|---|---|
| Median Sale Price | $1,045,000 | $0 |
| Median Condo Price | $775,000 | N/A |
| Median Co-op Price | N/A | N/A |
| Median Rent | $4,615 | $2,322.5 |
| Active Listings | 24 | 4 |
| Rental Inventory | 326 | 7 |
| Days on Market | 43 | 0 |
| Price Cut Share | 16.7% | 0.0% |
| Monthly Sales Volume | 1 | 4 |
| YoY Price Change | +51.6% | 0.0% |
| YoY Rent Change | +15.4% | 0.0% |
| YoY Inventory Change | -25.0% | -20.0% |
| Subway Lines | N/A | N/A |
Gowanus features a striking mix of 19th-century brick warehouses, Greek Revival rowhouses, and new glass-and-steel condominiums rising along the canal waterfront. The F, G, R, D, and N/W trains are accessible at nearby Smith-Ninth Streets and Fourth Avenue-Ninth Street stations, with Atlantic Terminal a short walk north. Washington Park and the Old Stone House landmark anchor the neighborhood's green space, while a major rezoning is bringing thousands of new residential units and waterfront parkland to the area.
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.
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