Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

NYC Neighborhood Comparison

Midtown East vs Pelham Gardens

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

Manhattan|Bronx

Midtown East

Manhattan

Pelham Gardens

Bronx

How They Compare

For buyers focused on affordability, Pelham Gardens has the lower median sale price at $730K vs $775K in Midtown East.

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

Commuters have more transit options in Midtown East, which is served by 7 subway lines compared to 0 in Pelham Gardens.

Median Sale Price
$775K
$730K
Median Rent
$5K
$2K
Active Listings
1163
1
Avg Days on Market
60 days
0 days
YoY Price Change
-16.2%
+4.3%
Monthly Sales Volume
95
4

Detailed Comparison

MetricMidtown EastPelham Gardens
Median Sale Price$775,000$730,000
Median Condo Price$990,000N/A
Median Co-op Price$628,000N/A
Median Rent$4,895$1,875
Active Listings11631
Rental Inventory17102
Days on Market600
Price Cut Share13.2%0.0%
Monthly Sales Volume954
YoY Price Change-16.2%+4.3%
YoY Rent Change+8.8%0.0%
YoY Inventory Change+1.8%-80.0%
Subway Lines4 5 6 7 E M SN/A

Year-Over-Year Price Movement

Prices in Midtown East moved -16.2% over the past year, compared to +4.3% in Pelham Gardens. Pelham Gardens is seeing price appreciation while Midtown East has softened, pointing to different supply-demand dynamics in each market.

Neighborhood Profiles

Midtown East

Midtown East is a dynamic hub that is the gateway to Manhattan for many. Home to iconic landmarks like Grand Central Terminal and the Chrysler Building, the neighborhood offers unparalleled convenience for commuters and professionals. The residential landscape is a mix of high-rise luxury towers and historic side-street cooperatives, providing a wide array of options for those who want to be at the center of the city's energy.

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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

Midtown East

4567EMS

Grand Central-42 St (4 5 6 7 S) — 0.3 mi

51 St (6) — 0.3 mi

Lexington Av/53 St (E M) — 0.4 mi

5 Av/53 St (E M) — 0.5 mi

59 St (4 5 6) — 0.7 mi

Pelham Gardens

No subway data available

Active Listings

Midtown East for sale

View all Midtown East 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 Midtown East cheaper than Pelham Gardens?
Pelham Gardens is more affordable, with a median sale price of $730,000 vs $775,000 in Midtown East. Pricing can vary widely by building, floor, and unit condition, so review current listings for accurate comparisons.
Which has better transit, Midtown East or Pelham Gardens?
Midtown East has access to 7 subway lines and Pelham Gardens has 0, making Midtown East 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, Midtown East or Pelham Gardens?
This depends on what type of home fits your household. Midtown East 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 Midtown East 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 Midtown East 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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