$489,000
SOLD SEP 5, 2024

Park Terrace Gardens 55 Park Terrace E Unit B40 New York, NY 10034

Inwood Neighborhood
2 Beds
1 Bath
950 Sq Ft
$1,479/mo HOA Fee

Recently Sold

$515 Per Sq Ft

2% Below List Price

96 Days on Market

Highlights

  • Wood Flooring
  • Laundry Facilities
  • High-Rise Condominium
  • Eat-In Kitchen
  • No Heating
  • 3-minute walk to Isham Park

About This Home

As of September 2024

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.

Last Agent to Sell the Property

Kelly Cole

Compass License #30CO0900970 Listed on: 01/26/2024

Compass

Co-Listed By

Paul Cole

Compass License #10301208459

Property Details

Home Type

  • Co-Op

Year Built

  • Built in 1939

HOA Fees

  • $1,479 Monthly HOA Fees

Interior Spaces

  • 950 Sq Ft Home
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • No Cooling
  • No Heating

Community Details

Overview

  • High-Rise Condominium
  • Inwood Subdivision
  • 9-Story Property

Amenities

  • Laundry Facilities

Property Details

Home Type

Co-Op

Year Built

Built in 1939

Lot Details

0

HOA Fees

$1,479 per month

Listing Details

  • Exposures: South,West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Inwood
  • Entry Level: 1
  • Structure Type: High Rise
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Property Sub Type: Coop
  • Stories: 9

Interior Features

  • Interior Features: Eat-in Kitchen, Pantry
  • Appliances: Dishwasher
  • Fireplace: No
  • Flooring: Hardwood
  • Living Area: 950.0
  • Living Area Units: Square Feet
  • Rooms (Total): 4

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1
  • Bedrooms: 2

Garage/Parking

  • Garage: No
  • Attached Garage: No

Utilities

  • Laundry Features: Common Area
  • Cooling: No
  • Heating: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1479.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Stock Cooperative
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Dimensions: 0.000000x0.000000

Building Info

  • New Construction: No
  • Units: 1
  • Total Stories: 9
  • Year Built: 1939

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Block: 00000
  • Tax Lot: 0000

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/05/2024 09/05/24 Sold $489,000 -2.0% $515 / Sq Ft
05/02/2024 05/02/24 Pending -- -- --
01/26/2024 01/26/24 For Sale $499,000 -- $525 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Kelly Cole

    Seller's Agent in 2024

    Kelly Cole

    Compass

    (917) 575-8375

    28 in this area

    145 Total Sales

    Kelly Cole
    Section Image

  • P

    Seller Co-Listing Agent in 2024

    Paul Cole

    Compass

    (646) 831-7113

    26 in this area

    137 Total Sales

    Paul Cole
    Section Image
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About Park Terrace Gardens

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10995389

Real Estate Board of New York (REBNY)

APN: 02243-0210B40

New York New York County New York 10034 Inwood

55 Park Terrace E Unit B40, New York, NY

This home is located at 55 Park Terrace E Unit B40, New York, NY 10034 and is currently priced at $489,000, approximately $514 per square foot. This property was built in 1939. 55 Park Terrace E Unit B40 is a home located in New York County with nearby schools including P.S. 98 Shorac Kappock, P.S. 18 Park Terrace, and Paula Hedbavny School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Real Estate Board of New York (REBNY) This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved.

RLS Data display by Homes.com LLC

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