Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

NYC Neighborhood Comparison

Flatiron vs Pelham Parkway

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

Manhattan|Bronx

Flatiron

Manhattan

Pelham Parkway

Bronx

How They Compare

Commuters have more transit options in Flatiron, which is served by 11 subway lines compared to 0 in Pelham Parkway.

Median Sale Price
$2.8M
$0
Median Rent
$6K
$2K
Active Listings
245
9
Avg Days on Market
107.5 days
0 days
YoY Price Change
+68.4%
0.0%
Monthly Sales Volume
16
5

Detailed Comparison

MetricFlatironPelham Parkway
Median Sale Price$2,760,000$0
Median Condo Price$3,600,000N/A
Median Co-op Price$1,775,000N/A
Median Rent$6,192.5$1,850
Active Listings2459
Rental Inventory2626
Days on Market107.50
Price Cut Share12.7%13.3%
Monthly Sales Volume165
YoY Price Change+68.4%0.0%
YoY Rent Change+2.4%+5.7%
YoY Inventory Change+8.9%-47.1%
Subway Lines1 2 3 B D F M N Q R WN/A

Year-Over-Year Price Movement

Prices in Flatiron moved +68.4% over the past year, compared to 0.0% in Pelham Parkway. The +68.4% gain in Flatiron reflects stronger buyer demand relative to available inventory in that market.

Neighborhood Profiles

Flatiron

The Flatiron District is a busy intersection of history, technology, and luxury living. Named after the iconic Flatiron Building, the neighborhood is centered around Madison Square Park and is a hub for the city's 'Silicon Alley.' The real estate market is famous for its grand cast-iron loft buildings with high ceilings and expansive floor plans, alongside ultra-luxury glass towers that offer modern amenities and central Manhattan convenience.

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Pelham Parkway

Pelham Parkway features six- and seven-story prewar Art Deco and Renaissance Revival apartment buildings with terra-cotta facades and ornate entryways, alongside detached houses on residential side streets. The 2 and 5 trains at Pelham Parkway and Bronx Park East stations connect to Manhattan, and the neighborhood borders the Bronx Zoo and New York Botanical Garden.

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Transit Access

Flatiron

123BDFMNQRW

34 St-Herald Sq (B D F M N Q R W) — 0.6 mi

34 St-Penn Station (1 2 3) — 0.7 mi

Pelham Parkway

No subway data available

Active Listings

Flatiron for sale

View all Flatiron listings

Pelham Parkway for sale

View all Pelham Parkway 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 Flatiron cheaper than Pelham Parkway?
Median sale price data is not yet available for one or both neighborhoods. Contact Milton for a current market analysis.
Which has better transit, Flatiron or Pelham Parkway?
Flatiron has access to 11 subway lines and Pelham Parkway has 0, making Flatiron the stronger option for transit access. Pelham Parkway has 0 lines, which may still cover your commute depending on your destination.
Which is better for families, Flatiron or Pelham Parkway?
This depends on what type of home fits your household. Flatiron and Pelham Parkway 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 Flatiron or Pelham Parkway?
The right neighborhood depends on your price range, commute needs, and preferred property type. A comparative market analysis (CMA) of recent sales in both Flatiron and Pelham Parkway 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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