Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

NYC Neighborhood Comparison

Melrose vs Prospect Heights

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

Bronx|Brooklyn

Melrose

Bronx

Prospect Heights

Brooklyn

Median Sale Price
$0
$1.5M
Median Rent
$2K
$4K
Active Listings
4
45
Avg Days on Market
0 days
47 days
YoY Price Change
0.0%
+5.6%
Monthly Sales Volume
4
4

Detailed Comparison

MetricMelroseProspect Heights
Median Sale Price$0$1,503,525
Median Condo PriceN/A$1,757,500
Median Co-op PriceN/A$954,000
Median Rent$2,322.5$4,495
Active Listings445
Rental Inventory7159
Days on Market047
Price Cut Share0.0%6.7%
Monthly Sales Volume44
YoY Price Change0.0%+5.6%
YoY Rent Change0.0%+12.5%
YoY Inventory Change-20.0%+18.4%
Subway LinesN/AN/A

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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Prospect Heights

Prospect Heights is a small but culturally dense neighborhood that offers the best of Brooklyn living. Anchored by the Brooklyn Public Library and the Grand Army Plaza, the area provides immediate access to Prospect Park and the Brooklyn Museum. The real estate market is a sophisticated blend of historic brownstones, stately pre-war cooperatives, and high-end new developments like Pacific Park, offering a range of options for modern urbanites.

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Transit Access

Melrose

No subway data available

Prospect Heights

No subway data available

Active Listings

Melrose for sale

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Prospect Heights for sale

View all Prospect Heights 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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