$427,015Average Value$377Average Price per Sq Ft5Homes For Sale
Melrose is a busy South Bronx neighborhood with residential blocks and active commercial corridors.
What it’s like to live in the Bronx’s Melrose neighborhood
Melrose is a busy South Bronx neighborhood between Morrisania and Mott Haven. North of Third Avenue, residential blocks bring together 19th-century townhouses and newer apartment and condo buildings, including LEED-certified developments tied to the community’s recent growth. Third Avenue runs through The Hub, a major shopping, dining and transit center. You can walk to subway and Metro-North stations for trips into Manhattan, while neighborhood parks and community gardens offer a break from the busier streets. It’s a walkable home base with connections to the rest of New York City.
Condos and multifamily homes in a renter-friendly area
Apartments are the most common housing option in Melrose. While it’s a renter-heavy market, buyers will find condos, income-restricted co-ops, and two- and three-family homes. Condos are often in newer elevator buildings, some with fitness rooms, shared outdoor areas and community rooms. Multifamily properties range from late 19th-century townhouses to more modern brick homes. Condos generally sell from the upper $200,000s to the mid-$600,000s, while multifamily properties range from the upper $800,000s to around $1.3 million. Melrose’s median sale price is in the lower $400,000s, close to the boroughwide median but well below those in Mott Haven and Manhattan. That gives buyers another price point to consider in the New York City market. “It’s the build-equity borough,” says Deborah Miller, a real estate salesperson with Brown Harris Stevens. “Value. This is really a neighborhood that speaks to that.”
Buyers can find condos, co-ops and multifamily homes around the neighborhood.
Many of the new complexes in the Melrose community are LEED-certified developments.
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Commuting from Melrose to Midtown Manhattan
There are several ways to commute from Melrose to Manhattan and other parts of the Bronx. The 2 and 5 trains stop at Third Avenue-149th Street station, while Metro-North’s Harlem Line serves Melrose station. “Find me a better-priced neighborhood where you can get to Midtown Manhattan in 20 minutes,” Miller says. The ride from Melrose to Grand Central Terminal takes about 18 minutes. Local and Select Bus Service routes provide more ways to get around the borough. You don’t need a car to live here, but drivers are close to the Major Deegan and Bruckner expressways.
Third Avenue-149th Street station serves the southern end of Melrose.
The neighborhood’s transit options connect commuters with Manhattan and other parts of the Bronx.
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Shopping and dining are close by in The Hub
Third Avenue is Melrose’s main shopping and dining corridor, with its busiest stretch running through The Hub near East 149th Street. Clothing stores, discount retailers, pharmacies and supermarkets line the blocks. You can run errands at Aldi and Fine Fare Supermarkets. The dining scene ranges from fast-food chains to local favorites like:
Pepe Joe’s Brick Oven Pizza, serving slices and full pies
Xochimilco Family Restaurant, known for traditional Mexican food
Mamar Bari Indian Cuisine, with Indian and Bangladeshi dishes
Porto Salvo, a nautical-themed Italian restaurant with homemade pasta
The Hub brings shops, restaurants and transit together near East 149th Street.
Xochimilco Family Restaurant is known for traditional Mexican food.
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Parks, playgrounds and community gardens in Melrose
Melrose has several small parks, playgrounds and community gardens tucked among its residential blocks. Yolanda García Park is a neighborhood gathering place with play equipment, a spray shower, an open lawn and fitness equipment. Other places to spend time outdoors include:
Melrose Playground, with handball courts and play equipment
Jardín de la Roca, a community garden with chickens and artwork
St. Mary’s Park, a larger green space in neighboring Mott Haven
Rainbow Garden of Life and Health, an urban farm that hosts events
Yolanda García Park serves as a green space among the neighborhood’s residential buildings.
St. Mary’s Park offers more room for outdoor recreation in nearby Mott Haven.
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Melrose schools range from public to private
Community School District 7 serves Melrose. The district does not use attendance zones for school assignments, so students can apply to options across the district. These include P.S./M.S. 29 Melrose School, which serves prekindergarten through eighth grade, and Bronx Design and Construction Academy, a career and technical education high school with programs in architecture, building construction and skilled trades. Families can also explore charter schools like Zeta South Bronx, which serves prekindergarten through eighth grade and earns an A-minus rating from Niche.
Yankee Stadium, cultural attractions and Melrose events
Melrose is close to Yankee Stadium and The Bronx Museum of the Arts in Concourse, so you can go to baseball games and art exhibits without going far from home. The arts continue in the neighborhood at the Bronx Documentary Center, which presents photography exhibitions, film screenings and workshops. Each summer, that community focus spills onto Third Avenue during the annual 3rd Avenue Street Festival, which features live performances, food and local vendors.
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
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Melrose Demographics and Home Trends
On average, homes in Melrose, Bronx sell after 85 days on the market compared to the national average of 55 days. The median sale price for homes in Melrose, Bronx over the last 12 months is $395,000, down 3% from the median home sale price over the previous 12 months.
Bring your contractor and your vision to this three-bedroom HDFC co-op located in the South Bronx. A blank canvas for your vision come to life. Unbeatable Value: As an HDFC cooperative, walk up building co op offers a rare, affordable entry point into New York City homeownership. CASH only.1 Person: Maximum annual income of $86,000.2 People: Maximum annual income of $102,0003+ People
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Well-maintained two-family home in the Melrose section of the Bronx featuring two spacious units, modern construction, and excellent income potential. Built in 2001, this property offers approximately 2,800+ sq ft of living space, separate layouts, forced-air heating, and a private lot. Conveniently located near transportation, shopping, and neighborhood amenities, this is a fantastic opportunity
If you are looking for a well-maintained one-bedroom condo in a young tax-abated elevator building in the booming South Bronx, this is a must-see.The unit features a modern kitchen with a dishwasher, bamboo flooring, and two double closets that provide excellent storage space.The building offers a range of desirable amenities, including a community garden, community room, gym, parking via
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Welcome to this spacious and inviting 4-bedroom, 1-bathroom apartment located in the vibrant Mott Haven/3rd Avenue Hub section of the Bronx! Featuring an open floor plan that maximizes living space, this updated unit is move-in ready and includes a private outdoor area perfect for relaxation or entertaining. Don't miss the opportunity to make this charming home yours! Available for immediate
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