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25+ years experience · 1,000+ transactions · 5-star reviews
Manhattan
Bronx
| Metric | Gramercy | Melrose |
|---|---|---|
| Median Sale Price | $1,185,000 | $0 |
| Median Condo Price | $1,485,000 | N/A |
| Median Co-op Price | $825,000 | N/A |
| Median Rent | $4,500 | $2,322.5 |
| Active Listings | 138 | 4 |
| Rental Inventory | 248 | 7 |
| Days on Market | 70 | 0 |
| Price Cut Share | 10.5% | 0.0% |
| Monthly Sales Volume | 50 | 4 |
| YoY Price Change | +4.1% | 0.0% |
| YoY Rent Change | +4.7% | 0.0% |
| YoY Inventory Change | -5.6% | -20.0% |
| Subway Lines | N/A | N/A |
Gramercy is centered on its landmark private park, a 2-acre gated green space surrounded by Italianate, Gothic Revival, and Beaux-Arts brownstones and townhouses that have retained their architectural character since the 19th century. The Gramercy Park Historic District preserves blocks of ornate red-brick townhouses, limestone mansions, and pre-war co-op buildings. The 6 train at 23rd Street is the nearest subway, with the 4, 5, N, Q, R, W, and L lines accessible at nearby 14th Street-Union Square.
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 ReportNo subway data available
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.