$468,254Average Value$524Average Price per Sq Ft35Homes For Sale
A residential community with a large namesake green space
Inwood's historically low real estate prices and natural, forested park have kept Manhattan’s northern enclave largely residential. Close to the Hudson and Harlem rivers, it’s a hilly, yet walkable neighborhood with a diverse mix of residents. Although co-op stock is limited, tangible perks keep buyers interested: “People move here because you get so much more space for your money than farther downtown,” says M. Susanna Saarinen, a resident of the area for 22 years and licensed real estate broker at Access Property Group Inc. “It’s the most affordable neighborhood in the entire island of Manhattan,” she adds, noting that the nearby greenery and easy access out of town are also draws. “It’s a very livable neighborhood. The air is a little better, it’s a bit more relaxed, and not quite as congested.”
Inwood's residential streets offer street parking for residents.
Local Inwood residents walking up the famous hills of the Inwood neighborhood.
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Accessible prices and a new affordable housing initiative
Prewar co-ops make up the vast majority of properties for sale, but nearly 92 percent of residents rent an apartment. “There’s practically no co-op market on the east side of Broadway,” says Saarinen. The Inwood NYC Action Plan, a $200 million city and community-led initiative, is expected to create an estimated 1,600 affordable homes in the neighborhood, as well as preserve an existing 2,500 affordable and mixed-income homes. The plan also addresses park restoration and open access to the Harlem River waterfront. “Not including the current reconstruction and new zoning regulations, the sales stock is pretty much all prewar, with only around two small condo buildings in the entire area,” says Saarinen. Compared to the rest of Manhattan, prices are much lower: Co-ops tend to run between $350,000 to $750,000 and a two-bedroom averages around $550,000. A prewar studio can go as low as $237,000. New multi-million-dollar residential developments, primarily apartments, will continue to shape the neighborhood in the coming years.
One of the many co-op buildings that are in the Inwood community.
In the Inwood neighborhood there are plenty different housing choices to choose from.
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Latin American and Spanish-influenced dining
The cuisine mirrors the neighborhood’s diverse demographic and Latin American influence. Whether it’s Bocaditos Bistro for Euro-Dominican fusion, Serrano Salsa for Mexican food, Galicia for tapas, or Patacon Pisao for Venezuelan dishes, residents don’t have to look far for authentic eats. CHOCNyc, a modern pastry shop near Inwood Hill Park, is well-loved by locals and Tubby Hook Tavern is a favorite for unwinding with a burger, beer, and live music in the evenings. Most bars and restaurants are along Broadway.
Residents of the Inwood neighborhood say Galicia has amazing food and even better service.
Bocaditos Bistro is said to have some of the best food in the Inwood neighborhood.
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Locally-owned shops and a year-round farmers market
“Inwood is one of those areas that I imagine ‘old New York’ was like. People really like their little mom-and-pop stores. It’s a very community-oriented neighborhood,” says Saarinen. When filling a prescription at Dichter Pharmacy, residents can also slurp down a milkshake or grab a Reuben. Part pharmacy, part old-fashioned soda shop, Dichter Pharmacy has been a central piece of Inwood for over 110 years, and even offers space for community events. Branzino, a new fish market in the neighborhood, has captured the respect of locals, and the year-round greenmarket on Isham Street draws crowds every Saturday for fresh produce. Long-standing grocery stores like C-Town, which recently expanded to a bigger space, can primarily be found along Broadway.
Grab a prescription and a milkshake at Dichter Pharmacy in the Inwood community.
Residents of the Inwood neighborhood enjoying the Greenmarket fair on Saturday afternoons.
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Home to historic sites and Manhattan’s only natural forest
Inwood Hill Park, also known as Shorakapok to the Indigenous Americans, is Manhattan’s largest and only old-growth forest. Covering nearly 200 acres, the rugged, hilly park contains hiking and biking trails, barbecuing sites, playgrounds, athletic fields and scenic river views along the promenade. At the Inwood Hill Park Urban Ecology Center, the public can learn about the park's geological and cultural history, including more about the Lenape peoples who inhabited the land. Inwood residents can tour the oldest remaining Dutch farmhouse in all of Manhattan, the Dyckman Farmhouse Museum, for free. At just 20-acres, Isham Park is another local green space, and for a 2-minute subway ride, residents can reach the historic Met Cloisters Museum nearby.
Inwood residents can tour the Dyckman Farmhouse Museum, housed in the final Dutch farmhouse.
The Met Cloisters, housed in a French monastery overlooking the Hudson River is in Inwood.
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Not as many public schools compared to other neighborhoods, but several private options
Paula Hedbavny School, an elementary school with an arts and music program has a B-rating on Niche, while Harold O Levy School, a tech-focused, C-rated school serves the area’s middle school students. The High School for Excellence and Innovation is also in the area, as well as several private schools and Hebrew Academies.
The Harold O Levy School believes that parent participation is key to student success.
Paula Hedbavny School is dedicated to the success of its students.
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Two subway lines in the area
Served by the 1 and A trains, Inwood residents can travel to and from Midtown in roughly 33 minutes. For those driving, Broadway extends north towards Marble Hill and the Bronx, and Route 9A borders the neighborhood along the west side for easy access out of the city.
The public transportation system in Inwood can take you anywhere in the city in minutes.
Residents of the Inwood community utilize public transportation on a daily basis.
GreatSchools:
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On average, homes in Inwood, Manhattan sell after 107 days on the market compared to the national average of 52 days. The median sale price for homes in Inwood, Manhattan over the last 12 months is $430,000, up 4% from the median home sale price over the previous 12 months.
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