Milton Coste

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NYC Neighborhood Comparison

Pelham Parkway vs Throgs Neck

Throgs Neck vs Pelham Parkway: side-by-side market data, transit, and neighborhood profiles to help you decide.

Bronx|Bronx

Pelham Parkway

Bronx

Throgs Neck

Bronx

How They Compare

For buyers focused on affordability, Pelham Parkway has the lower median sale price at $230K vs $740K in Throgs Neck.

Investors analyzing rental yield will find Pelham Parkway offers a stronger rent-to-price ratio based on current market data.

Median Sale Price
$230K
$740K
Median Rent
$2K
$3K
Active Listings
10
17
Avg Days on Market
134 days
110 days
YoY Price Change
+39.4%
+5.0%
Monthly Sales Volume
6
19

Detailed Comparison

MetricPelham ParkwayThrogs Neck
Median Sale Price$230,000$740,000
Median Condo PriceN/A$335,380
Median Co-op Price$230,000$305,000
Median Rent$2,200$2,750
Active Listings1017
Rental Inventory711
Days on Market134110
Price Cut Share10.0%17.6%
Monthly Sales Volume619
YoY Price Change+39.4%+5.0%
YoY Rent Change+18.9%+3.8%
YoY Inventory Change-37.5%-29.2%
Subway LinesN/AN/A

Year-Over-Year Price Movement

Prices in Pelham Parkway moved +39.4% over the past year, compared to +5.0% in Throgs Neck. The +39.4% gain in Pelham Parkway reflects stronger buyer demand relative to available inventory in that market.

Neighborhood Profiles

Pelham Parkway

Pelham 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.

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Throgs Neck

Throgs Neck is a waterfront Bronx neighborhood of single-family brick homes, two-family houses, and low-rise apartment buildings on a peninsula between the East River and Long Island Sound. The neighborhood is connected by bus to the 6 train at Pelham Bay Park, and the Throgs Neck Bridge provides direct highway access to Long Island. Throgs Neck Park and the SUNY Maritime College campus line the waterfront.

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Transit Access

Pelham Parkway

No subway data available

Throgs Neck

No subway data available

Active Listings

Pelham Parkway for sale

View all Pelham Parkway listings

Throgs Neck for sale

View all Throgs Neck listings

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.

Pelham Parkway vs Throgs Neck: Home Price Resilience 2008-2020

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. Pelham Parkway and Throgs Neck both tracked this broader NYC arc, with annual closing volume contracting sharply in 2009 and again in Q2 2020 before normalizing.

Outer-borough submarkets including Pelham Parkway and Throgs Neck generally tracked the broader NYC metro pattern of a 20% to 25% peak-to-trough decline before fully recovering by 2017 and posting further gains through early 2020.

Source: Per Case-Shiller Home Price Index, NYC metro subset, 2008-2020, cross-referenced with StreetEasy historical price data series.

Metric (2026)Pelham ParkwayThrogs Neck
Median Sale Price$230,000$740,000
Median Rent$2,200/mo$2,750/mo
Year-over-Year Price Change+39.4%+5.0%
Average Days on Market134 days110 days
Distance to Nearest SubwayN/AN/A

Table values reflect current 2026 market conditions. Historical 2008-2020 commentary is sourced from Case-Shiller NYC metro composite and StreetEasy historical series.

Frequently Asked Questions

Is Pelham Parkway cheaper than Throgs Neck?
Yes, Pelham Parkway has a lower median sale price at $230,000 compared to $740,000 in Throgs Neck as of the most recent market data. Co-op and condo prices within each neighborhood can vary significantly, so the right fit depends on property type and building.
Which has better transit, Pelham Parkway or Throgs Neck?
Transit data is not available for these neighborhoods. Check the MTA website for current service maps.
Which is better for families, Pelham Parkway or Throgs Neck?
This depends on what type of home fits your household. Pelham Parkway and Throgs Neck both offer a mix of apartment and multi-room units in co-ops, condos, and townhouses. Larger 3- and 4-bedroom units, including townhouses and multi-family properties, tend to be more available in lower-density areas. Reviewing active listings filtered by bedroom count is the most reliable way to see what each neighborhood currently offers for larger households. A licensed broker can pull current inventory by bedroom count across both areas for a direct comparison.
Should I buy in Pelham Parkway or Throgs Neck?
The right neighborhood depends on your price range, commute needs, and preferred property type. A comparative market analysis (CMA) of recent sales in both Pelham Parkway and Throgs Neck gives you the clearest picture of what your budget gets in each location. Request a free CMA from Milton Coste to get a side-by-side breakdown of current opportunities.

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Data updated:

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