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

Explore Pelham Parkway Neighborhood in New York City

Real Estate New Developments

General Information

Pelham Parkway is a vibrant residential neighborhood in the Bronx, known for its tree-lined streets, diverse community, and convenient access to green spaces. Named after the wide boulevard that runs through it, Pelham Parkway offers a suburban feel within the city, with plenty of parks, playgrounds, and recreational areas, including the nearby Bronx Zoo and the New York Botanical Garden. Well-connected by the 2 and 5 subway lines and major roadways, the neighborhood attracts commuters looking for a quieter lifestyle with easy access to Manhattan and other boroughs.

Real Estate Information

Pelham Parkway’s real estate market consists primarily of mid-rise apartment buildings, pre-war co-ops, and multi-family homes. Many buildings feature spacious layouts and classic architectural details, making them attractive to families and professionals. There are also some single-family homes and townhouses, particularly on the quieter side streets. The neighborhood remains an affordable option compared to other parts of the Bronx, drawing interest from renters and buyers looking for value in a well-connected and amenity-rich area.

Historical/Interesting Facts

Pelham Parkway was originally developed in the late 19th and early 20th centuries as part of a planned greenway connecting Bronx Park and Pelham Bay Park. The area was designed to incorporate open space and parkland into the urban landscape, making it one of the Bronx’s most scenic neighborhoods. Over the years, Pelham Parkway has become home to a diverse mix of communities, including Italian, Jewish, and Albanian populations. The neighborhood’s historical charm, combined with its accessibility and greenery, continues to make it a desirable place to live.

Properties Statistics

Total Properties

2

Median Asking

$130,000

Average Home Age

84 years

Based on results from 2 properties

Buildings in this Sector

FAQ about Pelham Parkway