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Explore Wakefield Neighborhood in New York City

Real Estate New Developments

General Information


Wakefield is a residential neighborhood located in the northeastern corner of the Bronx, New York City. Known for its suburban feel within the city, Wakefield offers a quieter, more relaxed atmosphere compared to the bustling urban areas of the Bronx. The neighborhood is characterized by tree-lined streets, single-family homes, and well-maintained apartment buildings. Wakefield is primarily a family-oriented community, offering access to various parks, schools, and local amenities that cater to its residents. The area is well-connected to the rest of the Bronx and Manhattan, with easy access to public transportation, including the 2 and 5 subway lines and several bus routes. Wakefield is also close to several green spaces, including the popular Van Cortlandt Park, making it a great location for those seeking a balance of urban convenience and suburban tranquility.

Real Estate Information

Real estate in Wakefield is relatively affordable compared to other neighborhoods in the Bronx and Manhattan. The area is known for its mix of housing options, including single-family homes, multi-family houses, and low-rise apartment buildings. Wakefield’s housing market has remained steady, with property values reflecting its more suburban nature, making it a popular choice for families and first-time homebuyers. The neighborhood offers more space for the price compared to the more densely populated areas of the Bronx, which makes it appealing to those seeking more affordable housing with larger living spaces. The area’s real estate market is also characterized by its solid rental options, providing affordable apartments for individuals and families alike. Wakefield’s residential nature, along with its proximity to parks and transportation, makes it an attractive option for those looking for a more peaceful lifestyle without straying too far from the city.

Historical/Interesting Facts

Wakefield’s history dates back to the early 19th century when the area was primarily farmland. It was originally part of the larger town of Yonkers before being incorporated into New York City as the Bronx expanded. During the late 19th and early 20th centuries, the neighborhood began to develop more rapidly, transitioning from rural farmland to a more suburban residential area. The arrival of the railroad in the early 1900s helped to spur development, allowing residents easier access to Manhattan. Over the decades, Wakefield became a popular area for working-class families, particularly as New York City’s population continued to grow. The neighborhood has historically been home to a diverse mix of ethnic groups, including Irish, Italian, and Puerto Rican communities. In more recent years, Wakefield has undergone some revitalization, with new developments and improvements to local infrastructure contributing to its steady growth. Today, Wakefield retains much of its suburban charm while benefiting from its location within the borough of the Bronx, offering residents a balance of peaceful living and easy access to the broader city.

Properties Statistics

Total Properties

2

Median Asking

$737,000

Sale Price/ft²

$304.91

Average Home Size

2376 ft²

Average Home Age

95 years

Based on results from 2 properties

Buildings in this Sector

FAQ about Wakefield