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25+ years experience · 1,000+ transactions · 5-star reviews
Bronx · New York, NY
2 active listings · Median $639K
Calculating market narrative...
A condo-dominant submarket with rents at the 5-year high, sale values below the 5-year high, and sale listings clearing quickly.
Median asking rent in Pelham Bay sits at $3,300/month, matching the 5-year high. Rents are up +11.9% year over year and +97.0% over the past 5 years. Median sale price stands at $639K, 29.8% below the 5-year high recorded in Apr 2022. Sale prices are down -1.6% year over year. Sale listings are clearing 114 days faster than at this point last year.
Across NYC, the FARE Act has tightened agent-listed rental supply since August 2024 by shifting the broker fee to landlords who engage a broker. Roughly 35 to 40% of NYC lease signings occur between mid-June and August 15.
Source: StreetEasy market data, through Jun 2026.
Pelham Bay is a Bronx neighborhood of single-family detached homes, two-family brick houses, and co-op apartment buildings near the 2,772-acre Pelham Bay Park, the largest park in New York City. The 6 train terminates at Pelham Bay Park station, providing direct subway access to Manhattan. Orchard B...
In my 25+ years selling real estate across New York City, I use this Pelham Bay data in real negotiations, not just for a web page.
Stations: Bus service available
Live data from REBNY/RLS. Updated every 15 minutes.
Median closed sale price by month
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Calculating market narrative...
| Inventory & Activity | |
| Active Listings | 8 |
| Pending Sales | -- |
| New This Week | -- |
| New This Month | -- |
| Avg DOM | 301 days |
| Price Cut Rate | 10.0% |
| Recent Sales | |
| Sold Last 30 Days | -- |
| Sold Last 90 Days | -- |
| Sale-to-List | -- |
| Asking Prices | |
| Median Asking | $638,500 |
| Average Asking | $202,500 |
| Median $/SqFt | -- |
| Median Condo | $237,500 |
| Median Co-op | $170,000 |
Based on active listings in Pelham Bay
| Type | Active Listings | Median Price | Price Range |
|---|---|---|---|
| Studio | 1 | $115,000 | $115K - $115K |
| 1 Bedroom | 0 | -- | -- |
| 2 Bedrooms | 1 | $290,000 | $290K - $290K |
| 3+ Bedrooms | 0 | -- | -- |
View active listings by size:
Properties in Pelham Bay
REBNY/RLS Disclaimer: 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 is refreshed every 15 minutes per REBNY IDX requirements.
Experience across NYC
Transactions closed
Active in Bronx
Milton Coste is a Licensed Real Estate Associate Broker with Keller Williams NYC. His work covers all five boroughs, with deep experience in co-op boards, condo offerings, townhouse sales, and rental transactions. For Pelham Bay buyers and sellers, that track record means a broker who has negotiated every type of deal this market produces.
"Milton made the entire buying process seamless. His knowledge of the local market and negotiation skills saved us thousands. Highly recommend for anyone looking in Upper Manhattan."
"We sold our co-op in record time thanks to Milton's marketing strategy. Professional photography, virtual tour, and targeted digital ads brought multiple offers within the first week."
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Co-ops make up nearly 70% of NYC housing stock but require board approval. Condos cost more but offer flexibility. Here's how to decide.
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The median sale price in Pelham Bay is $639K. Condos sit at a median of $238K and co-ops at $170K. Sale prices are down 1.6% year over year.
No. The median sale price in Pelham Bay is currently 29.8% below the 5-year high recorded in April 2022. That gap can favor buyers searching for value relative to the neighborhood's past peak.
Sale listings in Pelham Bay have a median of 301 days on market. That is 114 days faster than the same point a year ago. Roughly 10.0% of active listings have recorded a price cut, suggesting some negotiating room.
Pelham Bay is broadly balanced right now, with median days on market at 301 days and 10.0% of active listings carrying a price cut. Pricing depends heavily on the specific building and unit.
Pelham Bay offers both co-ops and condos. Condos are the higher-priced segment at a $238K median, with co-ops at $170K.
Roughly 4 homes change hands each month in Pelham Bay across condos, co-ops, and townhouses, based on recorded closed sales. That benchmark helps gauge how quickly the market is absorbing new inventory.
The overall median asking rent in Pelham Bay is $3,300/month. Rents are up 11.9% year over year.
Yes. The median asking rent in Pelham Bay is currently at the 5-year high. Tenants searching the neighborhood right now are competing in a market priced at peak.
Median asking rent in Pelham Bay has risen 97.0% over the past 5 years. That puts the neighborhood in context with longer-term NYC rent dynamics rather than just one-year noise.
Within walking or short-transit distance of Pelham Bay, median sale prices range across Schuylerville at $985K, Country Club at $705K, Co-op City at $700K, Parkchester at $348K. Each has different building stock, co-op vs condo mix, and transit access, so the right comparison depends on the buyer's priorities.
Pelham Bay is served by the Bus service. The commute to Midtown Manhattan runs roughly 158 minutes from Nearest bus stop.
Under the FARE Act in effect since August 2024, NYC landlords who engage a broker pay the broker fee directly rather than passing it to tenants. In neighborhoods like Pelham Bay, this has shifted some smaller landlords toward self-listing, which has tightened the supply of agent-listed rentals citywide and lifted competition for what remains on market.
Milton Coste is a Licensed Real Estate Associate Broker with Keller Williams New York City. He has 25+ years of experience across all five boroughs, with deep transaction history in co-op board packages, condo offerings, townhouse sales, and rentals. Direct: (917) 416-7433. Email: milton@miltoncoste.com.
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Licensed Real Estate Associate Broker
Keller Williams NYC · NY #10301213304
25+ years of experience and over 2,000 transactions closed across NYC. Whether you are buying, selling, or leasing in Pelham Bay, I will guide you every step of the way.
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