Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

NYC Neighborhood Comparison

Pelham Parkway vs Red Hook

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

Bronx|Brooklyn

Pelham Parkway

Bronx

Red Hook

Brooklyn

Median Sale Price
$0
$1.1M
Median Rent
$2K
$4K
Active Listings
9
15
Avg Days on Market
0 days
1303 days
YoY Price Change
0.0%
0.0%
Monthly Sales Volume
5
1

Detailed Comparison

MetricPelham ParkwayRed Hook
Median Sale Price$0$1,120,075
Median Condo PriceN/AN/A
Median Co-op PriceN/A$177,249
Median Rent$1,850$4,399.5
Active Listings915
Rental Inventory622
Days on Market01303
Price Cut Share13.3%10.0%
Monthly Sales Volume51
YoY Price Change0.0%0.0%
YoY Rent Change+5.7%+32.3%
YoY Inventory Change-47.1%-21.1%
Subway LinesN/AN/A

Year-Over-Year Price Movement

Both Pelham Parkway and Red Hook saw prices shift 0.0% over the past year. Comparable year-over-year movement suggests both markets are tracking similar citywide conditions.

Neighborhood Profiles

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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Red Hook

Red Hook is a waterfront neighborhood defined by cobblestone lanes, repurposed brick warehouses, and low-rise residential buildings on a peninsula jutting into Upper New York Bay. No subway runs directly through the neighborhood; NYC Ferry's South Brooklyn route and the B61 bus provide primary transit connections to Downtown Brooklyn and Manhattan. Valentino Pier Park and the 58-acre Red Hook Recreation Area offer harbor-front green space, while the working cruise terminal at Pier 12 maintains the area's maritime heritage.

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Transit Access

Pelham Parkway

No subway data available

Red Hook

No subway data available

Active Listings

Pelham Parkway for sale

View all Pelham Parkway listings

Red Hook for sale

View all Red Hook 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 Pelham Parkway cheaper than Red Hook?
Median sale price data is not yet available for one or both neighborhoods. Contact Milton for a current market analysis.
Which has better transit, Pelham Parkway or Red Hook?
Transit data is not available for these neighborhoods. Check the MTA website for current service maps.
Which is better for families, Pelham Parkway or Red Hook?
This depends on what type of home fits your household. Pelham Parkway and Red Hook 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 Pelham Parkway or Red Hook?
The right neighborhood depends on your price range, commute needs, and preferred property type. A comparative market analysis (CMA) of recent sales in both Pelham Parkway and Red Hook 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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