Milton Coste

Licensed Real Estate Associate Broker

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NYC Neighborhood Comparison

Lower East Side vs Pelham Parkway

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

Manhattan|Bronx

Lower East Side

Manhattan

Pelham Parkway

Bronx

How They Compare

Commuters have more transit options in Lower East Side, which is served by 6 subway lines compared to 0 in Pelham Parkway.

Median Sale Price
$983K
$0
Median Rent
$5K
$2K
Active Listings
179
9
Avg Days on Market
113 days
0 days
YoY Price Change
+41.4%
0.0%
Monthly Sales Volume
10
5

Detailed Comparison

MetricLower East SidePelham Parkway
Median Sale Price$982,500$0
Median Condo Price$1,100,000N/A
Median Co-op Price$710,000N/A
Median Rent$4,895$1,850
Active Listings1799
Rental Inventory3806
Days on Market1130
Price Cut Share15.1%13.3%
Monthly Sales Volume105
YoY Price Change+41.4%0.0%
YoY Rent Change+8.9%+5.7%
YoY Inventory Change+4.1%-47.1%
Subway LinesB D F J M ZN/A

Year-Over-Year Price Movement

Prices in Lower East Side moved +41.4% over the past year, compared to 0.0% in Pelham Parkway. The +41.4% gain in Lower East Side reflects stronger buyer demand relative to available inventory in that market.

Neighborhood Profiles

Lower East Side

The Lower East Side (LES) is a neighborhood where New York’s storied history meets its high-end future. Known for its legendary nightlife and deep historic roots, the area has seen a dramatic transformation with the arrival of luxury towers like Essex Crossing. The housing stock is a unique mix of historic walk-up cooperatives, value-driven HDFC units, and ultra-modern condominiums that offer some of the best views in Downtown Manhattan.

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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

Lower East Side

BDFJMZ

East Broadway (F) — 0.3 mi

Delancey St-Essex St (F J M Z) — 0.3 mi

Grand St (B D) — 0.5 mi

Bowery (J Z) — 0.5 mi

Second Ave (F) — 0.6 mi

Pelham Parkway

No subway data available

Active Listings

Lower East Side for sale

View all Lower East Side 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 Lower East Side 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, Lower East Side or Pelham Parkway?
Lower East Side has access to 6 subway lines and Pelham Parkway has 0, making Lower East Side 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, Lower East Side or Pelham Parkway?
This depends on what type of home fits your household. Lower East Side 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 Lower East Side 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 Lower East Side 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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