Milton Coste

Licensed Real Estate Associate Broker

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NYC Neighborhood Comparison

Pelham Bay vs Prospect Park South

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

Bronx|Brooklyn

Pelham Bay

Bronx

Prospect Park South

Brooklyn

How They Compare

For buyers focused on affordability, Prospect Park South has the lower median sale price at $680K vs $810K in Pelham Bay.

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

Median Sale Price
$810K
$680K
Median Rent
$3K
$3K
Active Listings
8
22
Avg Days on Market
0 days
119.5 days
YoY Price Change
0.0%
0.0%
Monthly Sales Volume
1
2

Detailed Comparison

MetricPelham BayProspect Park South
Median Sale Price$810,000$680,000
Median Condo PriceN/A$628,220
Median Co-op PriceN/AN/A
Median Rent$3,312.5$3,300
Active Listings822
Rental Inventory1263
Days on Market0119.5
Price Cut Share0.0%9.1%
Monthly Sales Volume12
YoY Price Change0.0%0.0%
YoY Rent Change+10.4%+18.1%
YoY Inventory Change+100.0%-4.3%
Subway LinesN/AN/A

Year-Over-Year Price Movement

Both Pelham Bay and Prospect Park South saw prices shift 0.0% over the past year. Comparable year-over-year movement suggests both markets are tracking similar citywide conditions.

Neighborhood Profiles

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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Prospect Park South

Prospect Park South is a designated New York City historic district featuring over 200 architect-designed homes in Queen Anne, Tudor Revival, Colonial Revival, and Italianate styles, many with spacious front yards and original period details. The B and Q trains stop at Parkside Avenue and Prospect Park stations, placing Downtown Brooklyn and Manhattan within easy reach. The neighborhood borders Prospect Park's southern edge, providing direct access to 526 acres of green space including the Parade Ground's athletic fields.

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Transit Access

Pelham Bay

No subway data available

Prospect Park South

No subway data available

Active Listings

Pelham Bay for sale

View all Pelham Bay listings

Prospect Park South for sale

View all Prospect Park South 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 Pelham Bay cheaper than Prospect Park South?
Prospect Park South is more affordable, with a median sale price of $680,000 vs $810,000 in Pelham Bay. Pricing can vary widely by building, floor, and unit condition, so review current listings for accurate comparisons.
Which has better transit, Pelham Bay or Prospect Park South?
Transit data is not available for these neighborhoods. Check the MTA website for current service maps.
Which is better for families, Pelham Bay or Prospect Park South?
This depends on what type of home fits your household. Pelham Bay and Prospect Park South 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 Pelham Bay or Prospect Park South?
The right neighborhood depends on your price range, commute needs, and preferred property type. A comparative market analysis (CMA) of recent sales in both Pelham Bay and Prospect Park South 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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