Milton Coste

Licensed Real Estate Associate Broker

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NYC Neighborhood Comparison

Midtown South vs Pelham Parkway

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

Manhattan|Bronx

Midtown South

Manhattan

Pelham Parkway

Bronx

How They Compare

Commuters have more transit options in Midtown South, which is served by 16 subway lines compared to 0 in Pelham Parkway.

Median Sale Price
$850K
$0
Median Rent
$5K
$2K
Active Listings
69
9
Avg Days on Market
48 days
0 days
YoY Price Change
+0.2%
0.0%
Monthly Sales Volume
4
5

Detailed Comparison

MetricMidtown SouthPelham Parkway
Median Sale Price$850,000$0
Median Condo Price$2,760,000N/A
Median Co-op Price$610,000N/A
Median Rent$5,100$1,850
Active Listings699
Rental Inventory2086
Days on Market480
Price Cut Share8.7%13.3%
Monthly Sales Volume45
YoY Price Change+0.2%0.0%
YoY Rent Change+5.2%+5.7%
YoY Inventory Change+4.5%-47.1%
Subway Lines1 2 3 7 A B C D E F M N Q R S WN/A

Year-Over-Year Price Movement

Prices in Midtown South moved +0.2% over the past year, compared to 0.0% in Pelham Parkway. The +0.2% gain in Midtown South reflects stronger buyer demand relative to available inventory in that market.

Neighborhood Profiles

Midtown South

Midtown South encompasses the blocks around the Flatiron Building and Madison Square Park, featuring converted loft-style condos, Beaux-Arts co-ops, and Art Deco apartment buildings alongside new residential towers. The R and W trains at 23rd Street, the 6 train on Park Avenue South, and the F and M trains on Sixth Avenue provide extensive subway coverage.

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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 South

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34 St-Penn Station (1 2 3 A C E) — 0.3 mi

34 St-Herald Sq (B D F M N Q R W) — 0.5 mi

42 St-Port Authority (A C E) — 0.7 mi

Times Sq-42 St (1 2 3 7 N Q R S W) — 0.7 mi

Pelham Parkway

No subway data available

Active Listings

Midtown South for sale

View all Midtown South 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 South 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 South or Pelham Parkway?
Midtown South has access to 16 subway lines and Pelham Parkway has 0, making Midtown South 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 South or Pelham Parkway?
This depends on what type of home fits your household. Midtown South 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 South 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 South 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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