Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

NYC Neighborhood Comparison

Melrose vs Long Island City

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

Bronx|Queens

Melrose

Bronx

Long Island City

Queens

Median Sale Price
$0
$1.0M
Median Rent
$2K
$4K
Active Listings
4
243
Avg Days on Market
0 days
3 days
YoY Price Change
0.0%
+8.0%
Monthly Sales Volume
4
11

Detailed Comparison

MetricMelroseLong Island City
Median Sale Price$0$1,048,000
Median Condo PriceN/A$1,048,000
Median Co-op PriceN/AN/A
Median Rent$2,322.5$4,351.5
Active Listings4243
Rental Inventory7956
Days on Market03
Price Cut Share0.0%5.3%
Monthly Sales Volume411
YoY Price Change0.0%+8.0%
YoY Rent Change0.0%+1.0%
YoY Inventory Change-20.0%+48.2%
Subway LinesN/A7 E G M N R W

Neighborhood Profiles

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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Long Island City

Long Island City (LIC) is one of New York’s fastest-growing residential neighborhoods, offering a modern urban lifestyle just one stop from Manhattan. Famous for its stunning waterfront parks and the iconic Pepsi-Cola sign, LIC is a hub for contemporary art and luxury living. The real estate market is dominated by sleek, new construction glass towers that offer world-class amenities and breathtaking, unobstructed views of the Manhattan skyline.

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Transit Access

Melrose

No subway data available

Long Island City

7EGMNRW

Hunters Point Av (7) — 0.2 mi

Court Sq (7 E G M) — 0.2 mi

Long Island City (E G M R) — 0.6 mi

Queensboro Plaza (7 N W) — 0.6 mi

Active Listings

Melrose for sale

View all Melrose listings

Long Island City for sale

View all Long Island City listings

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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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