logo RERT
Need more information?
Call UsBook a meetingContact on WhatsAppSend email

Explore Pelham Gardens Neighborhood in New York City

Real Estate New Developments

General Information


Pelham Gardens is a residential neighborhood located in the northeastern section of the Bronx, New York. Known for its quiet, suburban feel, Pelham Gardens offers a peaceful retreat from the hustle and bustle of Manhattan while maintaining convenient access to the rest of the city. The neighborhood is characterized by tree-lined streets, well-maintained single-family homes, and small apartment buildings, making it a popular choice for families and individuals seeking more space at an affordable price. Pelham Gardens is surrounded by parks and green spaces, including the nearby Pelham Bay Park, which is one of the largest parks in New York City, providing ample opportunities for outdoor activities. With its close proximity to public transportation options such as the #5 subway line, residents can easily commute to Manhattan and other parts of the city. Pelham Gardens combines the tranquility of suburban living with the convenience of urban amenities, making it an attractive and family-friendly neighborhood.

Real Estate Information

The real estate market in Pelham Gardens is primarily made up of single-family homes, along with some multi-family homes and apartment buildings. This neighborhood offers a variety of housing options, from spacious homes with private gardens to more affordable co-ops and rental properties. The real estate market in Pelham Gardens is more affordable compared to other neighborhoods in the Bronx, such as Riverdale, making it an appealing option for first-time homebuyers and growing families. Property values in the area have been steadily rising, driven by its desirable location, quiet streets, and proximity to parks, schools, and public transit. The neighborhood’s strong community feel, coupled with the ongoing investment in local amenities, makes it an ideal place for both renters and homeowners seeking a more relaxed, suburban lifestyle while still being connected to the city. The mix of property types and the neighborhood's affordability make Pelham Gardens a promising real estate market.

Historical/Interesting Facts

Pelham Gardens has a rich history that dates back to the 19th century when much of the area was farmland and part of the larger Pelham estate. The neighborhood began to develop more significantly in the early 20th century as New York City’s suburban expansion spread into the Bronx. Pelham Gardens saw a boom in residential development during the 1920s and 1930s, as more families moved to the area seeking larger homes and a quieter, more suburban lifestyle. The construction of the New York City subway system in the 1930s further connected Pelham Gardens to the rest of the city, contributing to the neighborhood’s growth. Over the years, Pelham Gardens has maintained a strong sense of community, with many long-time residents staying in the area. Today, the neighborhood's history is reflected in its classic architecture, which includes both early 20th-century homes and more modern buildings. Pelham Gardens continues to evolve while honoring its past, offering a blend of history and modern living in the heart of the Bronx.

Properties Statistics

Total Properties

2

Median Asking

$434,975

Sale Price/ft²

$426.04

Average Days on Market

20 days

Average Home Size

1018 ft²

Average Home Age

93 years

Based on results from 2 properties

Buildings in this Sector

FAQ about Pelham Gardens