Milton Coste

Licensed Real Estate Associate Broker

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NYC Neighborhood Comparison

Greenpoint vs Pelham Bay

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

Brooklyn|Bronx

Greenpoint

Brooklyn

Pelham Bay

Bronx

How They Compare

For buyers focused on affordability, Pelham Bay has the lower median sale price at $810K vs $2.4M in Greenpoint.

Investors analyzing rental yield will find Pelham Bay offers a stronger rent-to-price ratio based on current market data.

Median Sale Price
$2.4M
$810K
Median Rent
$5K
$3K
Active Listings
64
8
Avg Days on Market
66 days
0 days
YoY Price Change
+48.4%
0.0%
Monthly Sales Volume
7
1

Detailed Comparison

MetricGreenpointPelham Bay
Median Sale Price$2,367,500$810,000
Median Condo Price$2,350,000N/A
Median Co-op PriceN/AN/A
Median Rent$4,800$3,312.5
Active Listings648
Rental Inventory64612
Days on Market660
Price Cut Share4.7%0.0%
Monthly Sales Volume71
YoY Price Change+48.4%0.0%
YoY Rent Change+6.2%+10.4%
YoY Inventory Change-36.0%+100.0%
Subway LinesN/AN/A

Year-Over-Year Price Movement

Prices in Greenpoint moved +48.4% over the past year, compared to 0.0% in Pelham Bay. The +48.4% gain in Greenpoint reflects stronger buyer demand relative to available inventory in that market.

Neighborhood Profiles

Greenpoint

Greenpoint is a neighborhood that perfectly balances its industrial heritage with a modern, creative spirit. Known for its stunning views of the Manhattan skyline and its rich industrial heritage, the area has become a premier destination for luxury living. The real estate landscape features a mix of historic multi-family homes, converted factory lofts, and a new wave of high-end glass towers along the East River waterfront.

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Pelham Bay

Pelham Bay is a Bronx neighborhood of single-family detached homes, two-family brick houses, and co-op apartment buildings near the 2,772-acre Pelham Bay Park, the largest park in New York City. The 6 train terminates at Pelham Bay Park station, providing direct subway access to Manhattan. Orchard Beach, the Bartow-Pell Mansion Museum, and the Pelham Bay/Split Rock Golf Course are all within the park.

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Transit Access

Greenpoint

No subway data available

Pelham Bay

No subway data available

Active Listings

Greenpoint for sale

View all Greenpoint listings

Pelham Bay for sale

View all Pelham Bay 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 is refreshed every 15 minutes per REBNY IDX requirements.

Greenpoint vs Pelham Bay: Home Price Resilience 2008-2020

From the 2008 financial crisis through the 2020 pandemic, the NYC metro Case-Shiller composite fell about 25% peak-to-trough between 2007 and 2012, then fully recovered by 2017 and gained another 15% through Q1 2020. Greenpoint and Pelham Bay both tracked this broader NYC arc, with annual closing volume contracting sharply in 2009 and again in Q2 2020 before normalizing.

Outer-borough submarkets including Greenpoint and Pelham Bay generally tracked the broader NYC metro pattern of a 20% to 25% peak-to-trough decline before fully recovering by 2017 and posting further gains through early 2020.

Source: Per Case-Shiller Home Price Index, NYC metro subset, 2008-2020, cross-referenced with StreetEasy historical price data series.

Metric (2026)GreenpointPelham Bay
Median Sale Price$2,367,500$810,000
Median Rent$4,800/mo$3,312.5/mo
Year-over-Year Price Change+48.4%0.0%
Average Days on Market66 days0 days
Distance to Nearest SubwayN/AN/A

Table values reflect current 2026 market conditions. Historical 2008-2020 commentary is sourced from Case-Shiller NYC metro composite and StreetEasy historical series.

Frequently Asked Questions

Is Greenpoint cheaper than Pelham Bay?
Pelham Bay is more affordable, with a median sale price of $810,000 vs $2,367,500 in Greenpoint. Pricing can vary widely by building, floor, and unit condition, so review current listings for accurate comparisons.
Which has better transit, Greenpoint or Pelham Bay?
Transit data is not available for these neighborhoods. Check the MTA website for current service maps.
Which is better for families, Greenpoint or Pelham Bay?
This depends on what type of home fits your household. Greenpoint and Pelham Bay 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 Greenpoint or Pelham Bay?
The right neighborhood depends on your price range, commute needs, and preferred property type. A comparative market analysis (CMA) of recent sales in both Greenpoint and Pelham Bay 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.

More Comparisons

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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