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25+ years experience · 1,000+ transactions · 5-star reviews
Bronx · New York, NY
1 active listings · Median $185K
Calculating market narrative...
A primarily co-op submarket with sale values below the 5-year high and sale listings clearing quickly.
Median asking rent in Pelham Parkway is $2,295/month, $304 below the 5-year high set in Apr 2024. Rents are up +0.9% year over year and +25.8% over the past 5 years. Median sale price stands at $185K, 38.1% below the 5-year high recorded in Jul 2024. Sale prices are down -7.5% year over year. Sale listings are clearing 222 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 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 t...
In my 25+ years selling real estate across New York City, I use this Pelham Parkway 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 | 11 |
| Pending Sales | 3 |
| New This Week | 0 |
| New This Month | 1 |
| Avg DOM | 246.5 days |
| Price Cut Rate | 18.2% |
| Recent Sales | |
| Sold Last 30 Days | 0 |
| Sold Last 90 Days | 0 |
| Sale-to-List | -- |
| Asking Prices | |
| Median Asking | $185,000 |
| Average Asking | $285,000 |
| Median $/SqFt | -- |
| Median Condo | -- |
| Median Co-op | $185,000 |
Based on active listings in Pelham Parkway
| Type | Active Listings | Median Price | Price Range |
|---|---|---|---|
| Studio | 0 | -- | -- |
| 1 Bedroom | 0 | -- | -- |
| 2 Bedrooms | 1 | $285,000 | $285K - $285K |
| 3+ Bedrooms | 0 | -- | -- |
View active listings by size:
Properties in Pelham Parkway
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 Parkway 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."
On a $1M NYC purchase: co-ops run $20K-$30K, condos $38K-$42K, new dev $60K+. See every fee, who pays, and 5 ways to cut your bill.
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.
Pre-approval gives you a 20-30% edge in NYC bidding wars. Here's what lenders need and how to set your budget ceiling.
Roughly 1 in 8 co-op board applications gets rejected. Here's how to prepare your package and ace the interview.
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The median sale price in Pelham Parkway is $185K. Co-op sales make up the bulk of activity, with a median of $185K. Sale prices are down 7.5% year over year.
No. The median sale price in Pelham Parkway is currently 38.1% below the 5-year high recorded in July 2024. That gap can favor buyers searching for value relative to the neighborhood's past peak.
Sale listings in Pelham Parkway have a median of 246.5 days on market. That is 222 days faster than the same point a year ago. Roughly 18.2% of active listings have recorded a price cut, suggesting some negotiating room.
Pelham Parkway is currently tilting toward buyers. Median days on market is 246.5 days and roughly 18.2% of active listings have recorded a price cut, both indicating room to negotiate.
Pelham Parkway is primarily a co-op market, with the median sale price at $185K. Condo inventory is limited.
Roughly 4 homes change hands each month in Pelham Parkway 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 Parkway is $2,295/month.
Median asking rent in Pelham Parkway is currently $304 below the 5-year high set in April 2024. Tenants may find slightly more value than at peak, though the gap can close quickly during peak leasing season.
Median asking rent in Pelham Parkway has risen 25.8% 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 Parkway, median sale prices range across Morris Park at $810K, Baychester at $714K, Bronx at $585K, Pelham Gardens at $575K. Each has different building stock, co-op vs condo mix, and transit access, so the right comparison depends on the buyer's priorities.
Pelham Parkway is served by the Bus service. The commute to Midtown Manhattan runs roughly 143 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 Parkway, 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 Parkway, I will guide you every step of the way.
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