Milton Coste

Licensed Real Estate Associate Broker

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NYC Neighborhood Comparison

Downtown Brooklyn vs Pelham Parkway

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

Brooklyn|Bronx

Downtown Brooklyn

Brooklyn

Pelham Parkway

Bronx

How They Compare

Commuters have more transit options in Downtown Brooklyn, which is served by 8 subway lines compared to 0 in Pelham Parkway.

Median Sale Price
$830K
$0
Median Rent
$5K
$2K
Active Listings
129
9
Avg Days on Market
46 days
0 days
YoY Price Change
-9.5%
0.0%
Monthly Sales Volume
11
5

Detailed Comparison

MetricDowntown BrooklynPelham Parkway
Median Sale Price$830,000$0
Median Condo Price$1,395,000N/A
Median Co-op Price$877,953N/A
Median Rent$4,780$1,850
Active Listings1299
Rental Inventory6886
Days on Market460
Price Cut Share10.1%13.3%
Monthly Sales Volume115
YoY Price Change-9.5%0.0%
YoY Rent Change+8.4%+5.7%
YoY Inventory Change+38.7%-47.1%
Subway Lines2 3 4 5 A C F RN/A

Year-Over-Year Price Movement

Prices in Downtown Brooklyn moved -9.5% over the past year, compared to 0.0% in Pelham Parkway. Both markets have seen price softening, with Downtown Brooklyn declining more sharply over the measured period.

Neighborhood Profiles

Downtown Brooklyn

Downtown Brooklyn features a mixture of historic brownstones and modern high-rise architecture. The area is built around major transit hubs, including LIRR access and multiple subway lines. Residents benefit from green space in Brooklyn Bridge Park and prominent local landmarks.

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Pelham Parkway

Pelham Parkway features six- and seven-story prewar Art Deco and Renaissance Revival apartment buildings with terra-cotta facades and ornate entryways, alongside detached houses on residential side streets. The 2 and 5 trains at Pelham Parkway and Bronx Park East stations connect to Manhattan, and the neighborhood borders the Bronx Zoo and New York Botanical Garden.

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Transit Access

Downtown Brooklyn

2345ACFR

Court St (R) — 0.1 mi

Borough Hall (2 3 4 5) — 0.1 mi

Jay St-MetroTech (A C F R) — 0.2 mi

Clark St (2 3) — 0.3 mi

High St (A C) — 0.4 mi

Pelham Parkway

No subway data available

Active Listings

Downtown Brooklyn for sale

View all Downtown Brooklyn listings

Pelham Parkway for sale

View all Pelham Parkway listings

Listing data is derived in whole or in part from the RLS at REBNY (Real Estate Board of New York) Internet Data Exchange (IDX) database. Real estate listings held by brokerage firms other than Milton Coste | Keller Williams NYC are marked with the RLS logo. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 1/1/1970.

Frequently Asked Questions

Is Downtown Brooklyn cheaper than Pelham Parkway?
Median sale price data is not yet available for one or both neighborhoods. Contact Milton for a current market analysis.
Which has better transit, Downtown Brooklyn or Pelham Parkway?
Downtown Brooklyn has access to 8 subway lines and Pelham Parkway has 0, making Downtown Brooklyn the stronger option for transit access. Pelham Parkway has 0 lines, which may still cover your commute depending on your destination.
Which is better for families, Downtown Brooklyn or Pelham Parkway?
This depends on what type of home fits your household. Downtown Brooklyn and Pelham Parkway both offer a mix of apartment and multi-room units in co-ops, condos, and townhouses. Larger 3- and 4-bedroom units, including townhouses and multi-family properties, tend to be more available in lower-density areas. Reviewing active listings filtered by bedroom count is the most reliable way to see what each neighborhood currently offers for larger households. A licensed broker can pull current inventory by bedroom count across both areas for a direct comparison.
Should I buy in Downtown Brooklyn or Pelham Parkway?
The right neighborhood depends on your price range, commute needs, and preferred property type. A comparative market analysis (CMA) of recent sales in both Downtown Brooklyn and Pelham Parkway gives you the clearest picture of what your budget gets in each location. Request a free CMA from Milton Coste to get a side-by-side breakdown of current opportunities.

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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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