Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

NYC Neighborhood Comparison

Midtown East vs Pelham Parkway

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

Manhattan|Bronx

Midtown East

Manhattan

Pelham Parkway

Bronx

How They Compare

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

Median Sale Price
$775K
$0
Median Rent
$5K
$2K
Active Listings
1163
9
Avg Days on Market
60 days
0 days
YoY Price Change
-16.2%
0.0%
Monthly Sales Volume
95
5

Detailed Comparison

MetricMidtown EastPelham Parkway
Median Sale Price$775,000$0
Median Condo Price$990,000N/A
Median Co-op Price$628,000N/A
Median Rent$4,895$1,850
Active Listings11639
Rental Inventory17106
Days on Market600
Price Cut Share13.2%13.3%
Monthly Sales Volume955
YoY Price Change-16.2%0.0%
YoY Rent Change+8.8%+5.7%
YoY Inventory Change+1.8%-47.1%
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 0.0% in Pelham Parkway. Both markets have seen price softening, with Midtown East declining more sharply over the measured period.

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 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

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 Parkway

No subway data available

Active Listings

Midtown East for sale

View all Midtown East 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 Midtown East 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, Midtown East or Pelham Parkway?
Midtown East has access to 7 subway lines and Pelham Parkway has 0, making Midtown East 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, Midtown East or Pelham Parkway?
This depends on what type of home fits your household. Midtown East 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 Midtown East 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 Midtown East 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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