Bronx
Queens
| Metric | Melrose | Jamaica |
|---|---|---|
| Median Sale Price | $0 | $702,500 |
| Median Condo Price | N/A | N/A |
| Median Co-op Price | N/A | N/A |
| Median Rent | $2,322.5 | $2,935 |
| Active Listings | 4 | 23 |
| Rental Inventory | 7 | 187 |
| Days on Market | 0 | 0 |
| Price Cut Share | 0.0% | 4.3% |
| Monthly Sales Volume | 4 | 20 |
| YoY Price Change | 0.0% | +1.2% |
| YoY Rent Change | 0.0% | -5.3% |
| YoY Inventory Change | -20.0% | +53.3% |
| Subway Lines | N/A | N/A |
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.
View Full Market ReportJamaica provides a tranquil setting for those seeking space and value within New York City. The area is known for its unpretentious atmosphere and a real estate market that features a blend of tranquil cooperatives and traditional multi-family residences.
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