Milton Coste

Licensed Real Estate Associate Broker

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NYC Neighborhood Comparison

Gravesend vs Pelham Bay

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

Brooklyn|Bronx

Gravesend

Brooklyn

Pelham Bay

Bronx

How They Compare

For buyers focused on affordability, Pelham Bay has the lower median sale price at $810K vs $975K in Gravesend.

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

Median Sale Price
$975K
$810K
Median Rent
$3K
$3K
Active Listings
165
8
Avg Days on Market
56 days
0 days
YoY Price Change
-5.1%
0.0%
Monthly Sales Volume
29
1

Detailed Comparison

MetricGravesendPelham Bay
Median Sale Price$975,000$810,000
Median Condo Price$667,500N/A
Median Co-op Price$357,500N/A
Median Rent$3,075$3,312.5
Active Listings1658
Rental Inventory7612
Days on Market560
Price Cut Share9.7%0.0%
Monthly Sales Volume291
YoY Price Change-5.1%0.0%
YoY Rent Change+4.3%+10.4%
YoY Inventory Change+1.9%+100.0%
Subway LinesN/AN/A

Year-Over-Year Price Movement

Prices in Gravesend moved -5.1% over the past year, compared to 0.0% in Pelham Bay. Both markets have seen price softening, with Gravesend declining more sharply over the measured period.

Neighborhood Profiles

Gravesend

Gravesend offers a broad housing mix including semi-detached single-family homes, postwar co-op towers, and newly constructed boutique condominiums spread across a grid of low-traffic residential streets in southern Brooklyn. The D, F, and N subway lines serve the neighborhood at multiple stations along Kings Highway and Avenue U, connecting to Midtown Manhattan in about 45 minutes. Calvert Vaux Park provides 73 acres of green space and waterfront access along Coney Island Creek.

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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

Gravesend

No subway data available

Pelham Bay

No subway data available

Active Listings

Gravesend for sale

View all Gravesend 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 Gravesend cheaper than Pelham Bay?
Pelham Bay is more affordable, with a median sale price of $810,000 vs $975,000 in Gravesend. Pricing can vary widely by building, floor, and unit condition, so review current listings for accurate comparisons.
Which has better transit, Gravesend or Pelham Bay?
Transit data is not available for these neighborhoods. Check the MTA website for current service maps.
Which is better for families, Gravesend or Pelham Bay?
This depends on what type of home fits your household. Gravesend 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 Gravesend 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 Gravesend 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.

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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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