Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

NYC Neighborhood Comparison

Gramercy Park vs Melrose

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

Manhattan|Bronx

Gramercy Park

Manhattan

Melrose

Bronx

Median Sale Price
$900K
$0
Median Rent
$5K
$2K
Active Listings
211
4
Avg Days on Market
75 days
0 days
YoY Price Change
-21.9%
0.0%
Monthly Sales Volume
17
4

Detailed Comparison

MetricGramercy ParkMelrose
Median Sale Price$900,000$0
Median Condo Price$1,900,000N/A
Median Co-op Price$750,000N/A
Median Rent$5,250$2,322.5
Active Listings2114
Rental Inventory1797
Days on Market750
Price Cut Share13.7%0.0%
Monthly Sales Volume174
YoY Price Change-21.9%0.0%
YoY Rent Change+6.1%0.0%
YoY Inventory Change+10.5%-20.0%
Subway LinesN/AN/A

Neighborhood Profiles

Gramercy Park

Gramercy Park is one of New York City’s most storied and picturesque neighborhoods, centered around the only private park in Manhattan. The area exudes old-world charm with its gas-lit streets and impeccably preserved 19th-century architecture. While the park itself is private, the surrounding real estate offers a mix of historic brownstones, elegant pre-war cooperatives, and boutique new developments that cater to those seeking a tranquil urban retreat.

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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

Gramercy Park

No subway data available

Melrose

No subway data available

Active Listings

Gramercy Park for sale

View all Gramercy Park 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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