Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

NYC Neighborhood Comparison

Tribeca vs Melrose

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

Manhattan|Bronx

Tribeca

Manhattan

Melrose

Bronx

Median Sale Price
$3.9M
$0
Median Rent
$8K
$2K
Active Listings
199
4
Avg Days on Market
49 days
0 days
YoY Price Change
+29.8%
0.0%
Monthly Sales Volume
12
4

Detailed Comparison

MetricTribecaMelrose
Median Sale Price$3,925,000$0
Median Condo Price$4,525,500N/A
Median Co-op Price$3,125,000N/A
Median Rent$7,995$2,322.5
Active Listings1994
Rental Inventory2257
Days on Market490
Price Cut Share9.5%0.0%
Monthly Sales Volume124
YoY Price Change+29.8%0.0%
YoY Rent Change-19.2%0.0%
YoY Inventory Change-4.8%-20.0%
Subway Lines1 2 3 A C E R WN/A

Neighborhood Profiles

Tribeca

Tribeca (the Triangle Below Canal) is synonymous with ultra-luxury and understated elegance. Once an industrial district, it is now home to some of the city's most expensive and sought-after real estate. The neighborhood is defined by its massive cast-iron loft buildings, cobblestone streets, and nearby public schools. Residents enjoy a discreet lifestyle in expansive lofts or in world-class new developments designed by 'starchitects' along the Hudson River waterfront.

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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

Tribeca

123ACERW

Chambers St (1 2 3 A C) — 0.1 mi

City Hall (R W) — 0.2 mi

Park Place (2 3) — 0.2 mi

Franklin St (1) — 0.2 mi

World Trade Center (E) — 0.3 mi

Melrose

No subway data available

Active Listings

Tribeca for sale

View all Tribeca 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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