Property Prices in Melrose/Concourse, Bronx (10455)

Analysis of recent property sales — NYC Department of Finance data, all 5 boroughs

Last updated: 03/13/2026
$765,000
Median Price
$2,854,599
Average Price
321
Transactions
$75
Avg. Price / Sq Ft

Average Property Price in Melrose/Concourse

The average property price in Melrose/Concourse, Bronx (10455) is $2,854,599, based on 321 transactions recorded by the NYC Department of Finance. The median price is $765,000, giving a price range from $10,000 to $93,920,000.

The average price per square foot is $75.

Transaction Volume (Last 12 Months)

25-01 25-04 25-07 25-10

Recent Sales

Date Price Type Address Sq Ft $/Sq Ft
2025-12-18 $11,034,774 Walk-up 774 Union Avenue 19,627 $562
2025-12-18 $149,561 Walk-up 774 Union Avenue, 1B 19,627 $8
2025-12-18 $149,561 Walk-up 774 Union Avenue, 1C 19,627 $8
2025-12-18 $149,561 Walk-up 774 Union Avenue, 1E 19,627 $8
2025-12-18 $149,561 Walk-up 774 Union Avenue, 2B 19,627 $8
2025-12-18 $42,500 Walk-up 774 Union Avenue, 4A 19,627 $2
2025-12-18 $42,500 Walk-up 774 Union Avenue, 4B 19,627 $2
2025-12-18 $166,215 Walk-up 774 Union Avenue, 4C 19,627 $8

NYC Transfer Tax Calculator for 10455

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NYC Transfer Tax
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NYS Transfer Tax
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Mansion Tax
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Total Transfer Taxes
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Effective Rate

NYC RPTT: 1% (≤$500K) or 1.425% (>$500K). NYS: 0.4%. Mansion Tax: 1% (≥$1M). Does not include mortgage recording tax.

Estimated Rental Yield in Melrose/Concourse

2.8%
Estimated Gross Rental Yield
Based on median price of $765,000 and average Bronx monthly rent of $1,800/month ($21,600/year).
Source: NYC rental market averages. Actual yields vary by property type and condition.
View all 321 comparable sales →

Nearby ZIP Codes in Bronx

10451
Bronx-Unknown 10452
Bronx-Unknown 10453
Fordham 10454
Mott Haven/Port Morris 10456
Bathgate 10457
Bathgate

Frequently Asked Questions

What is the average property price in 10455?
The average property price in Melrose/Concourse, Bronx (10455) is $2,854,599, with a median price of $765,000. This is based on 321 recent transactions recorded by the NYC Department of Finance.
How many properties were sold in 10455?
There have been 321 property transactions recorded in Melrose/Concourse, Bronx (10455) in the most recent data period, according to NYC Department of Finance records.
What are the transfer taxes when buying property in NYC?
When buying property in NYC, you may owe: NYC Real Property Transfer Tax (1% for sales ≤$500K, 1.425% for sales >$500K), New York State Transfer Tax (0.4%), and Mansion Tax (1% for sales ≥$1M, with higher brackets above $2M). Use the calculator above for an estimate.
What is the rental yield in 10455?
The estimated gross rental yield in Melrose/Concourse, Bronx (10455) is 2.8%, calculated from a median property price of $765,000 and average Bronx rents of $1,800/month.