What You’ll Pay
For-sale inventory — mostly one- and two-family houses — is limited. And values seem flat.
In 2017, 16 houses and apartments sold, at an average of $355,000, according to data from StreetEasy, while in 2016, nine homes sold, at an average of $351,000. In 2015, 12 changed hands, the data showed, at an average of $355,000.
Rentals, however, are inching up. In 2017, the average asking rent for a one-bedroom was $1,400 a month, according to StreetEasy, while two-bedrooms averaged $1,700 a month. In 2016, asking rents were similar, the data showed, though in 2015, asking rents for one-bedrooms averaged $1,300 and those for two-bedrooms averaged $1,600.
“A lot of people are becoming more receptive to the Bronx,” said Sam Drizin, a salesman at BruMa Realty, founded four years ago with a focus on the borough. “They are like, ‘Wow, this is a hidden gem.’”
Low-key and largely Latino, West Farms is also quiet. Among the loudest sounds on a recent afternoon on East 180th Street, a modest retail strip, was the song “Pop Goes the Weasel” tinkling from an ice-cream truck. Dotting East Tremont Avenue, another shopping area, are doctors’ and dentists’ offices. Sit-down restaurants are rare.
Though the Bronx River is largely hidden, the verdant shore can be seen at two-acre Drew Gardens, which is planted with magnolias, dogwood and Japanese maples.
Some students are zoned for Public School 67, the Mohegan School, which in the 2016-17 school year enrolled 605. On state exams, 31 percent of students there met standards in English, versus 40 percent citywide; in math, 28 percent met standards, versus 42 percent.