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Explore Concourse Village Neighborhood in New York City

Real Estate New Developments

General Information


Concourse Village is a vibrant neighborhood located in the South Bronx, New York, just north of the Yankee Stadium and the Bronx Court. The neighborhood is known for its central location within the Bronx, offering residents convenient access to public transportation, retail options, and community services. Concourse Village features a mix of residential buildings, including pre-war structures, mid-century apartment complexes, and modern developments. Its proximity to the Bronx Zoo, Botanical Gardens, and other cultural landmarks makes it a desirable neighborhood for families, young professionals, and individuals seeking an urban lifestyle with access to green spaces. Despite being part of the Bronx, Concourse Village offers a more residential and quieter atmosphere compared to some of its surrounding areas, making it a popular choice for those looking for affordability without sacrificing proximity to Manhattan and other boroughs.

Real Estate Information

Real estate in Concourse Village consists primarily of multi-family apartment buildings and cooperative housing. The neighborhood is known for its relatively affordable housing options compared to other parts of New York City, making it an appealing choice for first-time homebuyers, renters, and families. While much of the housing stock is comprised of older buildings, many have been well-maintained or renovated to provide modern amenities. The real estate market in Concourse Village has become increasingly attractive due to its location near transportation hubs, including the 2, 4, and D subway lines, which make it easy to commute to Manhattan and other areas of the city. Over the years, the neighborhood has seen some gentrification, with new developments and improvements to infrastructure, but it still retains its relatively affordable nature. As the area continues to grow and develop, Concourse Village presents opportunities for investors and residents alike, offering a more budget-friendly option for those looking to live in the Bronx while enjoying the benefits of urban living.

Historical/Interesting Facts

Concourse Village has a rich history that dates back to the late 19th and early 20th centuries. Originally, much of the land in this area was part of farmland, but with the construction of the subway system in the early 1900s, the area began to develop into a more urban environment. The Concourse area itself was named after the Grand Concourse, a major thoroughfare in the Bronx that was designed by the city’s first park commissioner, Robert Moses, in the early 20th century. The neighborhood became a hub for working-class families, many of whom were immigrants from Europe and Puerto Rico. Over the decades, Concourse Village remained primarily residential, with many apartment buildings built in the 1920s and 1930s. In the latter half of the 20th century, the neighborhood, like many others in the Bronx, faced economic challenges and periods of disinvestment. However, the area has undergone revitalization in recent years, with increased development and improved infrastructure. Today, Concourse Village remains an important part of the Bronx, balancing its rich history with the changes of modern development, making it a unique and evolving neighborhood.

Properties Statistics

Total Properties

43

Median Asking

$209,295.35

Sale Price/ft²

$71.08

Average Home Size

377 ft²

Average Home Age

55 years

Based on results from 43 properties

Buildings in this Sector

FAQ about Concourse Village