Milton Coste

Licensed Real Estate Associate Broker

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NYC Neighborhood Comparison

Little Italy vs Pelham Gardens

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

Manhattan|Bronx

Little Italy

Manhattan

Pelham Gardens

Bronx

How They Compare

For buyers focused on affordability, Pelham Gardens has the lower median sale price at $730K vs $1.6M in Little Italy.

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

Commuters have more transit options in Little Italy, which is served by 13 subway lines compared to 0 in Pelham Gardens.

Median Sale Price
$1.6M
$730K
Median Rent
$5K
$2K
Active Listings
9
1
Avg Days on Market
0 days
0 days
YoY Price Change
0.0%
+4.3%
Monthly Sales Volume
1
4

Detailed Comparison

MetricLittle ItalyPelham Gardens
Median Sale Price$1,566,781.5$730,000
Median Condo Price$1,566,781.5N/A
Median Co-op PriceN/AN/A
Median Rent$4,850$1,875
Active Listings91
Rental Inventory432
Days on Market00
Price Cut Share36.4%0.0%
Monthly Sales Volume14
YoY Price Change0.0%+4.3%
YoY Rent Change-7.0%0.0%
YoY Inventory Change+28.6%-80.0%
Subway Lines1 6 A B C D E J N Q R W ZN/A

Year-Over-Year Price Movement

Prices in Little Italy moved 0.0% over the past year, compared to +4.3% in Pelham Gardens. The +4.3% gain in Pelham Gardens reflects stronger buyer demand relative to available inventory in that market.

Neighborhood Profiles

Little Italy

Little Italy occupies a compact corridor along Mulberry Street in Lower Manhattan between Canal and Houston Streets, defined by red-brick tenement buildings, prewar walk-ups, and cast-iron-facade commercial structures dating to the late 19th century. St. Patrick's Old Cathedral, completed in 1815, anchors the neighborhood's architectural heritage alongside narrow storefronts and fire-escape-lined facades. The 6 train at Spring Street, N/R/W at Canal Street, and J/Z at Bowery place multiple subway options within a short walk.

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Pelham Gardens

Pelham Gardens is a residential Bronx neighborhood of well-maintained single-family homes, two-family brick houses, and low-rise apartment buildings between Pelham Parkway and the Hutchinson River Parkway. The 5 train at Eastchester-Dyre Avenue and bus connections to the 6 train at Pelham Bay Park provide transit options. The tree-lined streets and generous setbacks give the area a distinctly suburban character.

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Transit Access

Little Italy

16ABCDEJNQRWZ

Grand St (B D) — 0.2 mi

Bowery (J Z) — 0.2 mi

Canal St (1 6 A C E J N Q R W Z) — 0.2 mi

Spring St (6 C E) — 0.2 mi

Prince St (N R W) — 0.4 mi

Pelham Gardens

No subway data available

Active Listings

Little Italy for sale

View all Little Italy listings

Pelham Gardens for sale

View all Pelham Gardens 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 Little Italy cheaper than Pelham Gardens?
Pelham Gardens is more affordable, with a median sale price of $730,000 vs $1,566,781.5 in Little Italy. Pricing can vary widely by building, floor, and unit condition, so review current listings for accurate comparisons.
Which has better transit, Little Italy or Pelham Gardens?
Little Italy has access to 13 subway lines and Pelham Gardens has 0, making Little Italy the stronger option for transit access. Pelham Gardens has 0 lines, which may still cover your commute depending on your destination.
Which is better for families, Little Italy or Pelham Gardens?
This depends on what type of home fits your household. Little Italy and Pelham Gardens 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 Little Italy or Pelham Gardens?
The right neighborhood depends on your price range, commute needs, and preferred property type. A comparative market analysis (CMA) of recent sales in both Little Italy and Pelham Gardens 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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