Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

NYC Neighborhood Comparison

Flatlands vs Pelham Parkway

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

Brooklyn|Bronx

Flatlands

Brooklyn

Pelham Parkway

Bronx

Median Sale Price
$425K
$0
Median Rent
$2K
$2K
Active Listings
41
9
Avg Days on Market
0 days
0 days
YoY Price Change
-38.3%
0.0%
Monthly Sales Volume
6
5

Detailed Comparison

MetricFlatlandsPelham Parkway
Median Sale Price$425,000$0
Median Condo PriceN/AN/A
Median Co-op PriceN/AN/A
Median Rent$2,250$1,850
Active Listings419
Rental Inventory86
Days on Market00
Price Cut Share14.6%13.3%
Monthly Sales Volume65
YoY Price Change-38.3%0.0%
YoY Rent Change-2.2%+5.7%
YoY Inventory Change+46.4%-47.1%
Subway LinesN/AN/A

Year-Over-Year Price Movement

Prices in Flatlands moved -38.3% over the past year, compared to 0.0% in Pelham Parkway. Both markets have seen price softening, with Flatlands declining more sharply over the measured period.

Neighborhood Profiles

Flatlands

Flatlands is a southeastern Brooklyn neighborhood of single-family detached homes, two-family brick houses, and low-rise apartment buildings on a flat grid of residential streets. The B/Q trains at the Kings Highway and Avenue U stations serve the western portion, and local buses provide additional connections. Floyd Bennett Field, the city's first municipal airport and now a national recreation area, borders the southern edge.

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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

Flatlands

No subway data available

Pelham Parkway

No subway data available

Active Listings

Flatlands for sale

View all Flatlands 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 Flatlands 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, Flatlands or Pelham Parkway?
Transit data is not available for these neighborhoods. Check the MTA website for current service maps.
Which is better for families, Flatlands or Pelham Parkway?
This depends on what type of home fits your household. Flatlands 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 Flatlands 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 Flatlands 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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