Queens
Bronx
| Metric | Rego Park | Melrose |
|---|---|---|
| Median Sale Price | $377,208 | $0 |
| Median Condo Price | $479,755 | N/A |
| Median Co-op Price | $295,000 | N/A |
| Median Rent | $3,081 | $2,322.5 |
| Active Listings | 147 | 4 |
| Rental Inventory | 150 | 7 |
| Days on Market | 69 | 0 |
| Price Cut Share | 10.2% | 0.0% |
| Monthly Sales Volume | 21 | 4 |
| YoY Price Change | -0.7% | 0.0% |
| YoY Rent Change | +12.0% | 0.0% |
| YoY Inventory Change | +24.6% | -20.0% |
| Subway Lines | N/A | N/A |
Rego Park is a highly convenient and residential Queens neighborhood known for its exceptional shopping and varied housing options. Home to major retail centers like Rego Center, the area offers a practical and comfortable urban lifestyle. The real estate market is characterized by a mix of spacious pre-war cooperatives, traditional multi-family houses, and modern high-rise condominiums that provide excellent value and a quick commute to Manhattan.
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.
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