Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

NYC Neighborhood Comparison

Gowanus vs Pelham Parkway

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

Brooklyn|Bronx

Gowanus

Brooklyn

Pelham Parkway

Bronx

Median Sale Price
$1.0M
$0
Median Rent
$5K
$2K
Active Listings
19
9
Avg Days on Market
43 days
0 days
YoY Price Change
+51.6%
0.0%
Monthly Sales Volume
1
5

Detailed Comparison

MetricGowanusPelham Parkway
Median Sale Price$1,045,000$0
Median Condo Price$775,000N/A
Median Co-op PriceN/AN/A
Median Rent$4,850$1,850
Active Listings199
Rental Inventory2956
Days on Market430
Price Cut Share15.8%13.3%
Monthly Sales Volume15
YoY Price Change+51.6%0.0%
YoY Rent Change+7.8%+5.7%
YoY Inventory Change-38.7%-47.1%
Subway LinesN/AN/A

Year-Over-Year Price Movement

Prices in Gowanus moved +51.6% over the past year, compared to 0.0% in Pelham Parkway. The +51.6% gain in Gowanus reflects stronger buyer demand relative to available inventory in that market.

Neighborhood Profiles

Gowanus

Gowanus features a striking mix of 19th-century brick warehouses, Greek Revival rowhouses, and new glass-and-steel condominiums rising along the canal waterfront. The F, G, R, D, and N/W trains are accessible at nearby Smith-Ninth Streets and Fourth Avenue-Ninth Street stations, with Atlantic Terminal a short walk north. Washington Park and the Old Stone House landmark anchor the neighborhood's green space, while a major rezoning is bringing thousands of new residential units and waterfront parkland to the area.

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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

Gowanus

No subway data available

Pelham Parkway

No subway data available

Active Listings

Gowanus for sale

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