Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

Morrisania

Bronx · New York, NY

1 active listings · Median $166K

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Market Pulse — Morrisania

What defines this market

A primarily co-op submarket with rents at the 5-year high.

Best for

first-time buyersinvestorstight rental marketco-op-friendly

Median asking rent in Morrisania sits at $3,550/month, matching the 5-year high. Rents are up +97.2% year over year and +216.1% over the past 5 years. Median sale price is $166K, near a 5-year high.

Rental snapshot

  • Median asking rent: $3,550/month (at the 5-year high)
  • Year-over-year rent change: +97.2%
  • 5-year rent change: +216.1%
  • Active rental listings: 6

For-sale snapshot

  • Median sale price: $166K
  • Active for-sale listings: 2 (-33.3% YoY)
  • Recent monthly closed sales: 6

Across NYC, the FARE Act has tightened agent-listed rental supply since August 2024 by shifting the broker fee to landlords who engage a broker. Roughly 35 to 40% of NYC lease signings occur between mid-June and August 15.

Source: StreetEasy market data, through Nov 2025.

About Morrisania

Morrisania is a South Bronx neighborhood of prewar walk-up apartment buildings, mid-rise public housing complexes, and an increasing number of new affordable and market-rate residential developments. The 2 and 5 trains at Freeman Street and Simpson Street provide subway connections, and the 6 train ...

Quick Facts

BoroughBronx
Zip Code10456
SubwayBus service
Building TypesPre-war buildings, Walk-ups

Transit, Schools & Commute

Subway Lines:

Stations: Bus service available


Market Report

Live data from REBNY/RLS. Updated every 15 minutes.

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+97.2% YoY
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Price by Bedroom

Based on active listings in Morrisania

TypeActive ListingsMedian PricePrice Range
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Active Listings

Properties in Morrisania

REBNY/RLS Disclaimer: 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 last updated: 1/1/1970.

Nearby Neighborhoods

Morrisania Property Type Pages

Why Work With Milton in Morrisania

25+ years

Experience across NYC

1,000+

Transactions closed

Since 2000

Active in Bronx

Milton Coste is a Licensed Real Estate Associate Broker with Keller Williams NYC. His work covers all five boroughs, with deep experience in co-op boards, condo offerings, townhouse sales, and rental transactions. For Morrisania buyers and sellers, that track record means a broker who has negotiated every type of deal this market produces.

Reviews

"Milton made the entire buying process seamless. His knowledge of the local market and negotiation skills saved us thousands. Highly recommend for anyone looking in Upper Manhattan."

JR
Verified Buyer
Google Review

"We sold our co-op in record time thanks to Milton's marketing strategy. Professional photography, virtual tour, and targeted digital ads brought multiple offers within the first week."

MC
Verified Seller
Zillow Review

Map

Frequently Asked Questions about Morrisania

The median sale price in Morrisania is $166K. Co-op sales make up the bulk of activity, with a median of $166K.

Yes. The median sale price in Morrisania sits within a few percent of the 5-year high. Pricing is firm and listings priced near the comparable median tend to clear with limited room for negotiation.

Morrisania is primarily a co-op market, with the median sale price at $166K. Condo inventory is limited.

Roughly 6 homes change hands each month in Morrisania across condos, co-ops, and townhouses, based on recorded closed sales. That benchmark helps gauge how quickly the market is absorbing new inventory.

The overall median asking rent in Morrisania is $3,550/month. Rents are up 97.2% year over year.

Yes. The median asking rent in Morrisania is currently at the 5-year high. Tenants searching the neighborhood right now are competing in a market priced at peak.

Median asking rent in Morrisania has risen 216.1% over the past 5 years. That puts the neighborhood in context with longer-term NYC rent dynamics rather than just one-year noise.

Within walking or short-transit distance of Morrisania, median sale prices range across Concourse at $633K, Crotona Park East at $625K, Longwood at $0, Melrose at $0. Each has different building stock, co-op vs condo mix, and transit access, so the right comparison depends on the buyer's priorities.

Morrisania is served by the Bus service. The commute to Midtown Manhattan runs roughly 98 minutes from Nearest bus stop.

Under the FARE Act in effect since August 2024, NYC landlords who engage a broker pay the broker fee directly rather than passing it to tenants. In neighborhoods like Morrisania, this has shifted some smaller landlords toward self-listing, which has tightened the supply of agent-listed rentals citywide and lifted competition for what remains on market.

Milton Coste is a Licensed Real Estate Associate Broker with Keller Williams New York City. He has 25+ years of experience across all five boroughs, with deep transaction history in co-op board packages, condo offerings, townhouse sales, and rentals. Direct: (917) 416-7433. Email: [email protected].

How I Can Help in Morrisania

Milton Coste, Licensed Associate Broker

Milton Coste

Licensed Associate Broker

Keller Williams NYC · NY #10301213304

25+ years of experience and over 2,000 transactions closed across NYC. Whether you are buying, selling, or leasing in Morrisania, I will guide you every step of the way.

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