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Explore Allerton Neighborhood in New York City

Real Estate New Developments

General Information

Allerton is a diverse and residential neighborhood located in the central Bronx, offering a unique mix of suburban peace and vibrant city life. Known for its quiet tree-lined streets and strong sense of community, Allerton attracts families, long-term residents, and newcomers alike. With excellent public transportation via the 2 and 5 subway lines, residents enjoy a quick commute to Manhattan while benefiting from the affordability and neighborhood feel of the Bronx. Allerton, Bronx is ideal for those looking to stay connected to the city without sacrificing space and comfort.

Real Estate Information

The real estate market in Allerton includes a variety of housing options—from single-family homes and multi-family properties to affordable co-ops and rental buildings. Buyers and investors are drawn to Allerton for its value, strong rental demand, and development potential. Properties here often feature spacious layouts, private yards, and easy access to shopping, schools, and transportation. With increasing interest in Bronx real estate, homes in Allerton represent a smart entry point into New York City’s housing market.

Historical/Interesting Facts

Named after Daniel Allerton, a 17th-century settler, Allerton has evolved from farmland into a thriving residential area. Much of its development occurred in the early 20th century, with the arrival of the subway spurring growth. Today, Allerton retains much of its architectural character from that era, including pre-war buildings and charming brick houses. The neighborhood continues to reflect the cultural richness and resilience of the Bronx, making it a significant part of the borough's history.

Properties Statistics

Total Properties

3

Median Asking

$519,333.33

Sale Price/ft²

$364.57

Average Home Size

1396 ft²

Average Home Age

80 years

Based on results from 3 properties

Buildings in this Sector

FAQ about Allerton