55 Park Ter E  #B40, New York, NY 10034
FOR SALE

55 Park Ter E #B40
New York, NY 10034

Inwood
  • 2 Beds
  • 1 Bath
  • 950 sqft
  • 2 Beds
  • 1 Bath
  • 950 sqft

$499,000

Est. Mortgage $4,524/mo*

Local Information

map showing home location
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-- mins to
Commute Destination

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 D. 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.

Home Highlights

Parking
No Info
Outdoor
No Info
A/C
Contact Manager
HOA
$1,480/Monthly
Price/Sqft
$525
Listed
94 days ago
Listing by: Compass, (917) 575-8375

Home Details for 55 Park Ter E #B40

Days on Market

Days on Market: 94 Days on Trulia

Property Information

Year Built
Year Built: 1939
Property Type / Style
Property Type: Coop

Interior Features

Appliances & Utilities
Dishwasher
Levels, Entrance, & Accessibility
Elevator

Price & Status

Price
Price Per Sqft: $525

Community

Units in Building: 78

HOA

HOA Fee: $1,480/Monthly

Price History for 55 Park Ter E #B40

DatePriceEventSource
01/26/2024$499,000Listed For SaleStreetEasy

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Property Taxes and Assessment

Year2018
Tax$287,232
Assessment$6,186,000
Home facts updated by county records

Comparable Sales for 55 Park Ter E #B40

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.04
Coop
$552,000
02/06/24
2
1
935
0.15
Coop
$550,000
11/06/23
2
1
925
0.07
Coop
$377,000
09/28/23
1
1
915
0.04
Coop
$400,000
01/26/24
1
1
810

Neighborhood Overview

See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Inwood

  • Trulia User
    "My commute is good and reliable most of the time taking the 1 and A train downtown. Buses are also good in the area. "
    0
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  • Trulia User
    "I’ve lived in Inwood for almost twenty years, and it is a friendly and low key area that is a gem in Manhattan. "
    5
    Flag
  • Trulia User
    "Love the parks and the apartments but Dominicans are extremely loud. They walk around with their speakers in summers."
    8
    Flag
  • Trulia User
    "The 1 and A trains are within walking distance, as are the BX 12-SBS, BX7, BX20, M100, and one of those express busses too (though I can’t remember what line). There are also stops for the Metro North in Marble Hill and by Fordham Road, which are just over the two bridges connecting us to the Bronx. "
    1
    Flag
  • Trulia User
    "Silently, near public transportation, supermarket and restaurant. Public Library and secure to play and walk. "
    0
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  • Trulia User
    "Work close and utilize public transportation however parking is horrible and you will be better off on Mta"
    0
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  • Trulia User
    "i think pet owners would be happy in this area. there are lots of parks and dog runs for dogs to enjoy as well as a few pet shops that even off dog walking or sitters if you need to leave a pet at home while you go on vacation"
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  • Trulia User
    "It’s about 25-30 minutes from 207 A to 59th Street St. The 1 train is also nearby and tends to be reliable and quick. "
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  • Trulia User
    "This neighborhoods dirty and i would not recommend it to anyone. Aside from the dog poop on every side walk it's loud on a nightly basis and parking is an absolute nightmare. If you like clubs , vagrants and crack then you'd love this neighborhood otherwise i would steer clear."
    1
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  • Trulia User
    "There are lots of places to walk dogs, and seem to be many dogs in the neighborhood. There is only one dog run in Inwood Hill Park that I know of. "
    0
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  • Trulia User
    "Lots of green space and a dog park in Inwood Hill Park. Lots of squirrels to chase too, if you’re into that sort of thing. "
    0
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  • Trulia User
    "access is easy since the 1 and A are close by. If you work downtown, expect an hour or so for door to door commute, but it's easy. "
    0
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  • Trulia User
    "Convenient and easy to commute. Easy yo have a car or use the subway. Family Neighbourhood. Very diverse place to live "
    0
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  • Trulia User
    "They would like the parks and the nature, but they probably would dislike all the people since some are loud."
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  • Trulia User
    "it’s a fine place to raise your children if you wanna toughen them up. Everyone becomes family after a little. schools are very good. "
    0
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  • Stephjenkins82
    "There are 2 great parks nearby with a series of trails through the woods. Something to enjoy everyday. "
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  • Felix G.
    "Love the neighborhood close to public park and transportations. A place full of great diversity people from all walks of lives"
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  • Arpita R.
    "It a great place to live and you will love this place. Nice people around you. Good for dog people and a lot stores to buys foods your choices "
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  • Stephanie R.
    "I’ve lived here over 5 years. Parks are awesome. Neighbors are amazing, unlike anywhere else I’ve ever lived. We all look out for each other. Dog-friendly neighborhood. Beware though, it does get loud in the summer months, especially East of Broadway. "
    2
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  • Johanna B.
    "Good neighborhood. I’ve lived here since I was born I’m 30. The neighbors are nice the area is nice it’s quite when need be. You do hear the train pass by but overall good neighborhood !"
    0
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  • Twkeyes
    "Yes lots of dogs and it’s a dog friendly area when a big dog park. It’s safe to walk around in the morning and at night "
    2
    Flag
  • Trulia User
    "I love the diversity, location (closed to Downtown and to the Bronx. lots of options for public transportation. "
    2
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  • Pinajaime23
    "Very easy taking the train. For cars, the parking its very difficult The bus its kind of complicated"
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  • Rosalind J. .
    "Not the best schools but easy access to public transportation.. inwood Park is the best perk for kids and families. "
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  • Denise D.
    "Great neighborhood. I’ve lived here all my life. Everything is close, everyone is nice. Streets are well kept. "
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  • Drivaa5585
    "The neighborhood is great and everything is close by,restaurants,transportation,great parks for jogging and biking. Only downside is parking"
    1
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  • Xmgonzalezg
    "It’s a good neighborhood , with great green areas and good transportation , gave a good supermarkets ."
    1
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  • Kevco100
    "Inwood has the quiet atmosphere of the suburbs but in the city - very family friendly- surrounded by parks with all needed services close by "
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  • Gerard C.
    "The neighborhood is unique because of the ppl, nightlife, access to major highways and train lines. Last semi-affordable area is manhattan. Two of the most beautiful parks in the 5 boroughs. "
    1
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  • Richie O.
    "I am a native New Yorker (54 years) Came up to Inwood in the late 90's best neighborhood I have lived in the city hopefully I will never leave "
    3
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  • Esteban O.
    "To loud and heavy foot traffic . And on the weekend especially it gets really loud because it’s when people are off from work and kids are off from school. Not a typical neighborhood you’d come to raise a little baby because the loudness"
    1
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  • Richie O.
    "so many beautiful parks in the area many residents have dogs here a great neighborhood to live in and to have a dog "
    0
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  • Richard R.
    "I love Inwood especially by Inwood hill park such a beautiful place hoping to find another great apartment here"
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  • Richard R.
    "amazing beautiful neighborhood I hope to live for many years to come been living in neighborhood for 20 plus years"
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  • Michael C.
    "You’re by two parks and the Hudson River. It’s a great change from the rest of the city. And if you’re off the A it’s an easy fast commute."
    4
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  • Judith
    "Nice neighborhood not too quiet and not too busy, less crime and no boys standing around buildings.."
    6
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  • Anduin H.
    "Many community events in the local parks. Our local K-8 school is good and close. It is a true neighborhood in Manhattan. I see friends on every block when I am out and about. Good restaurants, good shopping, good people. "
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  • Gjanini
    "Great place to live..just lately got really expensive and no one knows how much longer will be living in the area "
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  • Shimmysfuture
    "Yogy bear for the kids. Yoga classes outside during the summer. Turkey giveaways during the holidays. "
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  • Eriknw
    "We have lots of family events, such as a pumpkin pageant, an Easter egg hunt, Christmas tree lighting, and so on. There is also a wonderful local yoga studio (Bread and Yoga) that offers free outdoor yoga, meditation, West African dance, family yoga, and family music every summer."
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LGBTQ Local Legal Protections

Kelly Cole - Licensed Associate Real Estate Broker, Compass
55 Park Ter E #B40, New York, NY 10034 is a 2 bedroom, 1 bathroom, 950 sqft coop built in 1939. 55 Park Ter E #B40 is located in Inwood, New York. This property is currently available for sale and was listed by StreetEasy on Jan 26, 2024.