Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $499,000

· Closed February 26, 2026

98 Park Terrace E #1C
Closed For Sale Co-op

$499,000

$499 per sq ft

98 Park Terrace E #1C

Inwood, Manhattan

MLS® #RLS20048576

RLS at REBNY

Listing by Compass

2

Bedrooms

1

Bath

1,000

Sq. Ft.

1949

Year Built

Quick Summary

Bedrooms 2
Bathrooms 1
Living Area 1,000 sq ft
Year Built 1949
Ownership Co-op
Maintenance $1,628/mo
Neighborhood Inwood
Floor 1 of 6

Property Highlights

  • Exposure: East,West facing
  • Climate Control: Other

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 5
Baths 1 Full
Floor 1 of 6
Exposure East,West
Cooling Other
Pets Yes, CatsOk, DogsOk
Year Built 1949
Living Area 1,000 sq ft
Structure Type MultiFamily
Flooring Hardwood
Furnished Unfurnished
Parcel # 2243-0309-00098-000-000001C
Block/Lot 02243/0309

Listing History

Event Date Price Change
Listed Sep 15, 2025 $529,000 -
Price Reduced Feb 26, 2026 $505,000 -4.5%
Currently May 7, 2026 $499,000 -1.2%

Description

Classic Art Deco Meets Modern Living in this lovely 2BD Home Introducing a large 2BD nestled in the heart of Inwood, the northern Manhattan enclave cherished by those seeking a serene alternative to the bustling energy of the city. The home has been tastefully upgraded without compromising its unique architectural features. Upon entering the apartment, your eyes are immediately drawn to the sleek, contemporary kitchen. Adorned with white marble countertops, streamlined cabinetry, and stainless steel appliances, including a sprawling pantry and a spacious eat-in nook, this kitchen is a haven for culinary enthusiasts. An arched pass-through leads to the expansive dining and living area, providing the perfect backdrop for entertaining guests or enjoying quiet evenings at home. Neatly separated from the living room are two large bedrooms boasting western/eastern exposure and each with their own sizable closets. Storage abounds throughout the apartment with three additional closets conveniently located throughout the unit. The windowed bathroom features timeless all-white marble finishes. This wonderful coop sits on a serene tree lined street, where parks and gardens abound in either direction. Transportation, parks, tennis and basketball courts, and the expansive Inwood Hill Park are all within easy reach. *Note this is a raised first-floor unit, not at street level. Building offers additional amenities including storage units (available for rent), bike storage, and a laundry room. Pets are welcomed and the coop permits up to 90% financing. Don't miss the chance to make this Inwood gem your own and experience the quintessential Manhattan lifestyle amidst the tranquility of northern Manhattan.

Features & Amenities

Interior Features

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

Exterior Features

Building Basketball Court

Building Amenities

Elevators

Appliances

Dishwasher Gas Cooktop Gas Oven Stainless Steel Appliances

Building Information

Building Data View Compliance & Permits
Total Units 49
Stories 6
Structure MultiFamily

Financial Details

Maintenance $1,628/mo
Original Price $529,000
Sale Price $499,000
Previous Price $505,000

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

19

Median Asking Price

$360K

Median $/Sqft

$546

Avg Days on Market

N/A

New This Week

0

Price Reduced

37%

Sold (30 Days)

2

Median Sale Price

$485K

Live data from RLS at REBNY • Updated 5/7/26, 10:18 AM EST

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Location

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98 Park Terrace E #1C, Inwood, New York County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1949
Year Built
77 years old
6
Floors
49
Residential Units
R7A
Zoning District
Elevator Apartments

Tax & Assessment

Assessed Value: $2,233,800
Land Value: $317,250
Exemptions: $45,259

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

Lot Area: 9,400 SF
Building Area: 42,763 SF
Built FAR: 4.55
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 monthly maintenance are $1,628 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $0, or roughly $0 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 1,000 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1949, making it approximately 77 years old.

This listing is a co-op (stock cooperative). Buyers purchase shares in a corporation rather than real property, and the board must approve all sales.

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

At the current list price of $499,000 for 1,000 sq ft, the asking price per square foot is approximately $499. 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: RLS20048576
First Listed: 9/15/2025
On Market: 9/15/2025
Price Changed: 2/26/2026
Closed: 2/26/2026
Contract Date: 9/15/2025

Listing Courtesy of Compass - Sabrina Saneaux

Listing Contact: (917) 400-4887

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 5/7/2026 at 2:18 PM UTC

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