Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

NYC Neighborhood Comparison

Sheepshead Bay vs Melrose

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

Brooklyn|Bronx

Sheepshead Bay

Brooklyn

Melrose

Bronx

Median Sale Price
$758K
$0
Median Rent
$3K
$2K
Active Listings
319
4
Avg Days on Market
56 days
0 days
YoY Price Change
-9.6%
0.0%
Monthly Sales Volume
46
4

Detailed Comparison

MetricSheepshead BayMelrose
Median Sale Price$757,500$0
Median Condo Price$450,000N/A
Median Co-op Price$250,000N/A
Median Rent$2,849$2,322.5
Active Listings3194
Rental Inventory697
Days on Market560
Price Cut Share13.5%0.0%
Monthly Sales Volume464
YoY Price Change-9.6%0.0%
YoY Rent Change-1.8%0.0%
YoY Inventory Change+24.1%-20.0%
Subway LinesN/AN/A

Neighborhood Profiles

Sheepshead Bay

Sheepshead Bay is a scenic waterfront neighborhood in Southern Brooklyn, famous for its fishing fleet, piers, and seafood restaurants. The area offers a unique maritime atmosphere with a relaxed, residential vibe. The real estate market features a mix of traditional multi-family brick houses, spacious pre-war cooperatives, and a growing number of modern luxury condominiums that offer stunning views of the bay and easy access to the beaches of Coney Island and Manhattan Beach.

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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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Transit Access

Sheepshead Bay

No subway data available

Melrose

No subway data available

Active Listings

Sheepshead Bay for sale

View all Sheepshead Bay 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.

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