Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $390,000

· Closed March 24, 2025

571-579 ACADEMY Street #1D
Closed For Sale Condo

$390,000

$574 per sq ft

571-579 ACADEMY Street #1D

Inwood, Manhattan

ACADEMY TWINS

MLS® #RLS10995248

RLS at REBNY

Listing by Corcoran Group

1

Bedroom

1

Bath

680

Sq. Ft.

1925

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Living Area 680 sq ft
Year Built 1925
Ownership Condo
HOA/Common Charges $529/mo
Property Taxes Contact for details
Neighborhood Inwood
Floor 1 of 6

Property Highlights

  • Exposure: East facing
  • Climate Control: Electric, Other
  • Character: Pre-war building (1925)

Property Details

Type Condo
Ownership Condominium
Total Rooms 3
Baths 1 Full
Floor 1 of 6
Exposure East
Cooling Electric, Other
Pets Yes
Year Built 1925
Living Area 680 sq ft
Structure Type HighRise
Basement Other
Block/Lot 02221/1108

Listing History

Event Date Price Change
Listed Jun 23, 2024 $450,000 -
Price Reduced Mar 25, 2025 $399,000 -11.3%
Currently May 30, 2026 $390,000 -2.3%

Description

This renovated 1BR condo has high ceilings, refinished hardwood floors, new interior doors, wonderful lighting fixtures, lots of closets, and a brand new (and quiet!) all-in-one Trane HVAC that provides cooling and heating! It is a raised first floor home and faces the rear. Immaculate condition!
The combo living room-dining area is welcoming, well-proportioned, and adorned with recessed ceiling lights. Great for entertaining or relaxing. Step into the windowed-chef's kitchen that includes new stainless-steel appliances (Whirlpool refrigerator, gas stove, microwave and LG Dishwasher), white cabinetry, and attractive tiled flooring. Whether you enjoy preparing elaborate or easy recipes, this well-lit room with an abundance of pantry and countertops is a chef's dream!
The spacious bedroom boasts three oversized windows, a large closet with four new sliding doors, and rich hardwood floors. It comfortably holds a king-sized bed and several large pieces of furniture.

571-579 Academy Street is an elevator building with laundry, storage units, and bike storage. The location is incredibly convenient for restaurant-goers, shopping, and park-lovers. The neighborhood is serviced by the 1 & A trains and express buses, and also offers easy access to the Henry Hudson Parkway. Being one of a few condo buildings in Inwood, this home offers an incredible investment opportunity. Pets and unlimited subletting are permitted.

Features & Amenities

Interior Features

Dining Area Smoke Free Building Other

Exterior Features

Private Outdoor Space Under60 Sqft

Building Amenities

Elevators

Appliances

Washer Dryer Allowed

Building Information

Financial Details

Common Charges $529/mo
RE Taxes Contact for details
Original Price $450,000
Sale Price $390,000
Previous Price $399,000

Inwood is Manhattan's northernmost neighborhood, offering a lush and hilly landscape that feels worlds away from the city's concrete canyons. Home to Inwood Hill Park, the last remaining natural forest in Manhattan, the area is a haven for nature lovers. The real estate market is known for providing some of the best value in the borough, featuring spacious Art Deco cooperatives and historic pre-war buildings with views of the Hudson and Harlem Rivers.

Inwood Live Market Data

View Neighborhood

Active Listings

17

Median Asking Price

$360K

Median $/Sqft

$566

Avg Days on Market

N/A

New This Week

1

Price Reduced

41%

Sold (30 Days)

3

Median Sale Price

$349K

Live data from RLS at REBNY • Updated 5/30/26, 5:37 PM EST

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Location

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571-579 ACADEMY Street #1D, Inwood, New York County

Building Information

Official NYC property records for this building

1925
Year Built
101 years old
5
Floors
89
Residential Units
R7A
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $3,327,304
Land Value: $296,999
Exemptions: $123,073

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 20,000 SF
Building Area: 70,639 SF
Built FAR: 3.53
Allowed FAR: 4

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed common charges are $529 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 1 bedroom and 1 full bathroom.

The listed interior living area is 680 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1925, making it approximately 101 years old.

This listing is a condominium. Buyers receive a deed to their individual unit and own their space outright, subject to condo association rules.

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $390,000 for 680 sq ft, the asking price per square foot is approximately $574. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or [email protected]. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS10995248
First Listed: 6/23/2024
On Market: 6/23/2024
Price Changed: 3/25/2025
Closed: 3/24/2025
Contract Date: 6/23/2024

Listing Courtesy of Corcoran Group - Carol Fink

Listing Contact: (917) 328-4563

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 5/30/2026 at 9:37 PM UTC

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