Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

NYC Neighborhood Comparison

Prospect Heights vs Melrose

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

Brooklyn|Bronx

Prospect Heights

Brooklyn

Melrose

Bronx

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

Detailed Comparison

MetricProspect HeightsMelrose
Median Sale Price$1,503,525$0
Median Condo Price$1,757,500N/A
Median Co-op Price$954,000N/A
Median Rent$4,495$2,322.5
Active Listings454
Rental Inventory1597
Days on Market470
Price Cut Share6.7%0.0%
Monthly Sales Volume44
YoY Price Change+5.6%0.0%
YoY Rent Change+12.5%0.0%
YoY Inventory Change+18.4%-20.0%
Subway LinesN/AN/A

Neighborhood Profiles

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.

View Full Market Report

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.

View Full Market Report

Transit Access

Prospect Heights

No subway data available

Melrose

No subway data available

Active Listings

Prospect Heights for sale

View all Prospect Heights listings

Melrose for sale

View all Melrose listings

More Comparisons

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.

Call Milton WhatsApp