Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

Under Contract – Backup offers may be accepted

581 Academy Street #2-F
Interested in this property?
Pending For Sale Condo

$485,000

$539 per sq ft

581 Academy Street #2-F

Inwood, Manhattan

MLS® #RLS20048398

RLS at REBNY

Listing by Maz Group NY LLC

2

Bedrooms

1

Bath

900

Sq. Ft.

1941

Year Built

Quick Summary

Bedrooms 2
Bathrooms 1
Living Area 900 sq ft
Year Built 1941
Ownership Condo
HOA/Common Charges $834/mo
Property Taxes $4,452/yr
Neighborhood Inwood
Floor 2 of 5

Property Highlights

  • Exposure: East,South,West facing
  • Style: Prewar architecture
  • Climate Control: Central Air

Property Details

Type Condo
Ownership Condominium
Total Rooms 4
Baths 1 Full
Floor 2 of 5
Exposure East,South,West
Cooling Central Air
Pets Yes
Cross Street Sherman Avenue/Post Avenue
Year Built 1941
Living Area 900 sq ft
Architectural Style Prewar
Structure Type None
Block/Lot 2221/7501

Listing History

Event Date Price Change
Listed Sep 12, 2025 $525,000 -
Price Reduced Mar 31, 2026 $500,000 -4.8%
Currently May 13, 2026 $485,000 -3.0%

Description

?RARE CONDO in Inwood !!!?!Extra large 2-bedroom with a view on a quiet, tree-lined street??
?Giant living room with a windowed dining area
?King-sized bedrooms
?Windowed kitchen with DISHWASHER and stainless steel appliances
?CENTRAL AIR and HEAT for year-round comfort
?Ample closets and great southern light
?LAUNDRY room in building
?ELEVATOR building
?Near 1 train and express A train

Building and Ownership Perks:
?Pet-friendly
?Common laundry room
?No board approval required
?Immediate subleasing allowed
?Monthly common charges: $753
?Monthly taxes: $371

The Neighborhood: Surrounded by Inwood Hill Park, Fort Tryon Park, and Isham Park, this location offers unmatched access to nature in Manhattan. Enjoy dog runs, a year-round farmers market, and miles of hiking trails. Whole Foods delivers to the area, and you're close to local favorites like Mamasushi, Inwood Bar & Grill, and the Dyckman Farmhouse Museum. Fort Tryon Park is also home to The Met Cloisters, a unique branch of the Metropolitan Museum of Art focused on medieval art and architecture — a peaceful cultural escape just minutes away.

Features & Amenities

Interior Features

Kitchen Window Building Washer Dryer Install Allowed Common Area

Exterior Features

Building Storage

Building Amenities

Elevators

Building Information

Building Data View Compliance & Permits
Stories 5
Structure None
Style Prewar

Financial Details

Common Charges $834/mo
RE Taxes $4,452/yr ($371/mo)
Original Price $525,000
Previous Price $500,000

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

18

Median Asking Price

$368K

Median $/Sqft

$566

Avg Days on Market

N/A

New This Week

0

Price Reduced

39%

Sold (30 Days)

3

Median Sale Price

$560K

Live data from RLS at REBNY • Updated 5/13/26, 12:10 PM EST

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Location

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581 Academy Street #2-F, Inwood, New York County • Near Sherman Avenue/Post Avenue

Floor Plans

Floor Plan 1

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 $834 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $4,452, or roughly $371 per month. Verify the current assessment with your attorney before closing.

This property has 2 bedrooms and 1 full bathroom.

The listed interior living area is 900 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1941, making it approximately 85 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 $485,000 for 900 sq ft, the asking price per square foot is approximately $539. 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: RLS20048398
First Listed: 9/12/2025
On Market: 9/12/2025
Price Changed: 3/31/2026
Pending Since: 4/27/2026
Contract Date: 9/12/2025

Listing Courtesy of Maz Group NY LLC - Tarek Bendida

Listing Contact: (917) 251-4679

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 5/13/2026 at 4:10 PM UTC

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