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25+ years experience · 1,000+ transactions · 5-star reviews
Manhattan
Bronx
| Metric | Kips Bay | Melrose |
|---|---|---|
| Median Sale Price | $895,000 | $0 |
| Median Condo Price | $1,050,000 | N/A |
| Median Co-op Price | $650,000 | N/A |
| Median Rent | $4,050 | $2,322.5 |
| Active Listings | 98 | 4 |
| Rental Inventory | 220 | 7 |
| Days on Market | 72 | 0 |
| Price Cut Share | 12.5% | 0.0% |
| Monthly Sales Volume | 38 | 4 |
| YoY Price Change | +2.8% | 0.0% |
| YoY Rent Change | +3.9% | 0.0% |
| YoY Inventory Change | -4.1% | -20.0% |
| Subway Lines | 4 5 6 7 B D F M N Q R S W | N/A |
Kips Bay is a relaxed and highly convenient residential neighborhood located on the East Side of Manhattan. Known for its mix of mid-century high-rises and charming brick townhouses, it offers a more approachable price point than its neighbors to the north and south. Residents enjoy proximity to the East River Esplanade, a variety of local dining options, and easy access to the city's major medical centers and Midtown business hubs.
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 ReportGrand Central-42 St (4 5 6 7 S) — 0.7 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.