Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

NYC Neighborhood Comparison

Flatlands vs Pelham Bay

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

Brooklyn|Bronx

Flatlands

Brooklyn

Pelham Bay

Bronx

How They Compare

For buyers focused on affordability, Flatlands has the lower median sale price at $425K vs $810K in Pelham Bay.

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

Median Sale Price
$425K
$810K
Median Rent
$2K
$3K
Active Listings
41
8
Avg Days on Market
0 days
0 days
YoY Price Change
-38.3%
0.0%
Monthly Sales Volume
6
1

Detailed Comparison

MetricFlatlandsPelham Bay
Median Sale Price$425,000$810,000
Median Condo PriceN/AN/A
Median Co-op PriceN/AN/A
Median Rent$2,250$3,312.5
Active Listings418
Rental Inventory812
Days on Market00
Price Cut Share14.6%0.0%
Monthly Sales Volume61
YoY Price Change-38.3%0.0%
YoY Rent Change-2.2%+10.4%
YoY Inventory Change+46.4%+100.0%
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 Bay. 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.

View Full Market Report

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.

View Full Market Report

Transit Access

Flatlands

No subway data available

Pelham Bay

No subway data available

Active Listings

Flatlands for sale

View all Flatlands 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 last updated: 1/1/1970.

Frequently Asked Questions

Is Flatlands cheaper than Pelham Bay?
Yes, Flatlands has a lower median sale price at $425,000 compared to $810,000 in Pelham Bay as of the most recent market data. Co-op and condo prices within each neighborhood can vary significantly, so the right fit depends on property type and building.
Which has better transit, Flatlands or Pelham Bay?
Transit data is not available for these neighborhoods. Check the MTA website for current service maps.
Which is better for families, Flatlands or Pelham Bay?
This depends on what type of home fits your household. Flatlands 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 Flatlands 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 Flatlands 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.

Call Milton WhatsApp