Reiss Place is a very small one block street on the far western edge of Pelham Parkway. It is right on the edge of Bronx Park (and the New York Botanical Garden as well).
This is not a bad deal if you're trying to ditch the roomies for a reasonable rent. It looks like a pretty decent building if you check out the lobby.
Pelham Parkway is more than a road. It serves as a miles long park that connects Pelham Bay and Bronx Parks. It's nice for walking, biking, or just playing.
You'd have shopping on White Plains Road and be only a quick walk over to Morris Park and its Italian cuisine. You'd also be relatively close to Arthur Avenue on the other side of the Zoo and a quick bus ride to Pelham Bay Park, Orchard Beach, and City Island.
Transportation is good with the 2 and 5 trains stopping at White Plains Road and Pelham Parkway.
And clearly no Listing of the Day near Pelham Parkway is complete without mention of the yuletide spectacle of the Garabedian House located on Westervelt and Pelham Parkway. Just take the Bx12 heading east from White Plains Road to see it.