The area has attracted newcomers with large units at affordable prices. Here’s the take of residents that live right near the home of the Bronx Bombers.
By Jason Sheftell
Latin food, Jewish food, sneaker stores, kids on skateboards flying past majestic apartment buildings on the Grand Concourse, grafitti that is art and Yankee Stadium.
The area around the Bronx Courthouse, Joyce Kilmer Park and Walton Ave. has more verve than almost any other city neighborhood.
Recently, it has matured as a real estate attraction, with recessionary price-drops stabilizing the area once considred hot by hopeful real estate agents looking to drive neighborhood change.
The slowdown, though, helped keep it real. Prices stayed at levels working-class New Yorkers could afford and attracted newcomers with large units at affordable prices — around $1,100 to rent a three-bedroom. On the buy side, house hunters can score a two-bedroom in the Executive for $249,000 or a one-bedroom on Walton Ave. for $169,000.
More bonuses: Subways are steps away, Harlem is across the river, and athletic fields and Bronx Terminal Market around the corner. If you’re thinking about making the move, here are some who call it home now, and what they think of the surroundings.
YOU SHOULD KNOW
Where: Near Yankee Stadium and Related Companies Bronx Terminal Market, this South Bronx area near Joyce Kilmer Park has constant energy and solid real estate.
Get there: Take the 4 or D train to 161st St./Yankee Stadium and walk up the hill toward the Bronx Supreme Court building.
How Much: Three-bed, two-baths for $1,350. Buy a one-bedroom for $142,000; a two-bed for $239,000.
Who: Halstead’s Ariela Heilman knows the area. (212) 381-2581.
Thursday, August 23, 2012