Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $489,000

· Closed September 5, 2024

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Closed For Sale Co-op

$489,000

$515 per sq ft

55 Park Terrace E #B40

Inwood, Manhattan

MLS® #RLS10995389

RLS at REBNY

Listing by Compass

2

Bedrooms

1

Bath

950

Sq. Ft.

1939

Year Built

Quick Summary

Bedrooms 2
Bathrooms 1
Living Area 950 sq ft
Year Built 1939
Ownership Co-op
Maintenance $1,479/mo
Neighborhood Inwood
Floor 1 of 9

Property Highlights

  • Exposure: South,West facing
  • Character: Pre-war building (1939)

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 4
Baths 1 Full
Floor 1 of 9
Exposure South,West
Pets CatsOk, DogsOk
Year Built 1939
Living Area 950 sq ft
Structure Type HighRise
Flooring Hardwood
Furnished Unfurnished
Block/Lot 00000/0000

Description

VALUE-PLAY 2 BEDROOM IN PRIME INWOOD Inwood’s Park Terrace section is like nowhere else in Manhattan; this home captures the charm and tranquility that draws New Yorkers here and inspires them to plant roots. Perfectly situated amidst a pretty tree-lined corner, this special 2-bedroom glistens in sunlight from the south and west and has a touch of nature from every window. Inside is equally welcoming. Enter and be drawn into a spacious dining foyer overlooking a generous sunken living room with herringbone floors and high beamed ceilings; plenty of space here for any lifestyle or entertaining needs. The split bedrooms are nicely separated from the living area via a dressing area which provides additional storage potential as well as a privacy buffer. The windowed bathroom is refreshed vintage with classic tiles in pristine condition, pedestal sink and medicine cabinet. At the heart of the home is an eat-in kitchen awaiting your perfect design and at this low price, you can enjoy creating your dream kitchen to round out this lovely home. Quietly situated in the sought-after Park Terrace Gardens, a top-notch pet-friendly Co-op comprised of 5 buildings surrounding lushly landscaped private gardens. Residents also enjoy common roof decks with barbecue, on-site management, a live-in super, laundry, concierge, bike storage (wait list), FREE high-speed Internet access, is over 80% owner occupied and has very strong financials. Near the A express and 1 local trains, BxM1 express bus, Metro-North Hudson Line, shopping, restaurants, wine bars and glorious Inwood Hill Park which offers hiking trails, running paths, ball fields, dog runs, kayaking and plenty of green space for picnics, relaxing, enjoying free outdoor summer concerts or evening yoga. Nearby Isham Park is home to a Saturday Green Market as well. Residents of the community have access to Columbia University's Lawrence A. Wien Stadium track and can purchase memberships at The Dick Savitt Tennis Center without sponsorship by current members. The opportunity to have natural light all day long, all year long, is a rare and special thing indeed. Add affordability to the mix and this is almost too good to be true.

Features & Amenities

Interior Features

Eat In Kitchen Pantry Common On Floor Common Area Flooring: Hardwood

Appliances

Dishwasher

Building Information

Total Units 1
Stories 9
Structure HighRise

Financial Details

Maintenance $1,479/mo
Original Price $499,000
Sale Price $489,000
Previous Price $499,000

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 charming pre-war buildings with views of the Hudson and Harlem Rivers.

Inwood Live Market Data

View Neighborhood

Active Listings

23

Median Asking Price

$420K

Median $/Sqft

$525

Avg Days on Market

N/A

New This Week

2

Price Reduced

57%

Sold (30 Days)

1

Median Sale Price

$392K

Live data from RLS at REBNY • Updated 3/23/26, 12:44 PM EST

Similar Listings in Inwood

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Location

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55 Park Terrace E #B40, Inwood, New York County

Virtual Tour

Floor Plans

Floor Plan
MLS® ID: RLS10995389
First Listed: 1/26/2024
On Market: 1/26/2024
Price Changed: 9/5/2024
Closed: 9/5/2024
Contract Date: 1/23/2024

Listing Courtesy of Compass - Kelly Cole

Listing Contact: (917) 575-8375

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 3/23/2026 at 4:44 PM UTC

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