NYC Neighborhood Comparison
Manhattan
Bronx
For buyers focused on affordability, Pelham Parkway has the lower median sale price at $230K vs $600K in East Harlem.
Investors analyzing rental yield will find Pelham Parkway offers a stronger rent-to-price ratio based on current market data.
Commuters have more transit options in East Harlem, which is served by 3 subway lines compared to 0 in Pelham Parkway.
| Metric | East Harlem | Pelham Parkway |
|---|---|---|
| Median Sale Price | $600,000 | $230,000 |
| Median Condo Price | N/A | N/A |
| Median Co-op Price | N/A | $230,000 |
| Median Rent | $3,295 | $2,200 |
| Active Listings | 78 | 10 |
| Rental Inventory | 357 | 7 |
| Days on Market | 149 | 134 |
| Price Cut Share | 12.8% | 10.0% |
| Monthly Sales Volume | 2 | 6 |
| YoY Price Change | N/A | +39.4% |
| YoY Rent Change | +5.3% | +18.9% |
| YoY Inventory Change | +16.4% | -37.5% |
| Subway Lines | 4 5 6 | N/A |
East Harlem, also known as El Barrio, is a neighborhood rich in culture, art, and history. Known for its colorful murals and the historic La Marqueta, the area features a growing number of new residential developments alongside historic buildings. The real estate market offers some of Manhattan's most accessible price points, featuring a mix of historic walk-up cooperatives, value-driven HDFC units, and a surge of new luxury condominium developments that offer modern amenities and easy access to the Upper East Side.
View Full Market ReportPelham Parkway features six- and seven-story prewar Art Deco and Renaissance Revival apartment buildings with terra-cotta facades and ornate entryways, alongside detached houses on residential side streets. The 2 and 5 trains at Pelham Parkway and Bronx Park East stations connect to Manhattan, and the neighborhood borders the Bronx Zoo and New York Botanical Garden.
View Full Market Report125 St (4 5 6) — 0.6 mi
No subway data available
Listing data is derived in whole or in part from the RLS at REBNY (Real Estate Board of New York) Internet Data Exchange (IDX) database. Real estate listings held by brokerage firms other than Milton Coste | Keller Williams NYC are marked with the RLS logo. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is refreshed every 15 minutes per REBNY IDX requirements.
From the 2008 financial crisis through the 2020 pandemic, the NYC metro Case-Shiller composite fell about 25% peak-to-trough between 2007 and 2012, then fully recovered by 2017 and gained another 15% through Q1 2020. East Harlem and Pelham Parkway both tracked this broader NYC arc, with annual closing volume contracting sharply in 2009 and again in Q2 2020 before normalizing.
East Harlem tracked the more resilient Manhattan price path with a 10% to 15% peak-to-trough decline, while Pelham Parkway moved closer to the broader NYC metro pattern of a 20% to 25% retracement before recovering through 2017.
Source: Per Case-Shiller Home Price Index, NYC metro subset, 2008-2020, cross-referenced with StreetEasy historical price data series.
| Metric (2026) | East Harlem | Pelham Parkway |
|---|---|---|
| Median Sale Price | $600,000 | $230,000 |
| Median Rent | $3,295/mo | $2,200/mo |
| Year-over-Year Price Change | N/A | +39.4% |
| Average Days on Market | 149 days | 134 days |
| Distance to Nearest Subway | 0.60 mi | N/A |
Table values reflect current 2026 market conditions. Historical 2008-2020 commentary is sourced from Case-Shiller NYC metro composite and StreetEasy historical series.
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Data updated:
