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Park Terrace Gardens

Park Terrace Gardens

Park Terrace Gardens
Cooperative Building Complex
The Costar Building Rating

A rating for the building relative to other buildings of the same type throughout the country. Learn more

55 Park Ter E,
New York, NY 10034
395 Units
8 Stories
1940 Year Built
$332K - $863K Value Range

Available Units

For Sale
For Rent
No Units Available

Highlights

  • Elevator
  • Rooftop Deck
  • River View
  • City View
  • Pre War Building
  • 3 min walk to Isham Park

A tranquil enclave in Inwood

Park Terrace Gardens is a nine-story condominium building located in the serene Park Terrace section of Inwood, Manhattan. Constructed in 1939, this building comprises 395 units and offers a peaceful retreat from the city's hustle and bustle. The building's design is simple and functional, featuring a symmetrical facade with evenly spaced windows and a modest entrance. Its location near the Hudson and Harlem rivers provides residents with a unique blend of urban convenience and natural beauty.

Spacious and thoughtfully designed units

Park Terrace Gardens offers a variety of floor plans, ranging from 1 to 3-bedroom layouts. The smallest units are 800 square feet with 1 bedroom and 1 bathroom, while the largest units span up to 2,000 square feet with 3 bedrooms and 3 bathrooms. One-bedroom units, typically around 800 to 830 square feet, feature well-lit spaces with large windows that capture morning light and offer leafy views. These units are perfect for individuals or couples looking for a cozy yet spacious home. Two-bedroom units range from 950 to 1,200 square feet and are priced around $490,000. These units often include features such as sunken living rooms, high beamed ceilings, and herringbone hardwood floors. The kitchens are designed for functionality and style, with Caesarstone quartz counters, stainless steel appliances, and white shaker-style cabinetry. Bathrooms are elegantly renovated with cast iron Kohler soaking tubs, subway tile surrounds, and sleek vanities. The three-bedroom units, ranging from 1,450 to 2,000 square feet, offer ample space for families. These units include multiple exposures for excellent natural light and cross ventilation. The layouts often feature a spacious dining foyer, a large sunken living room, and a dressing area that provides additional storage and privacy. The kitchens in these units are well-equipped with high-end appliances and plenty of counter space, making them ideal for those who love to cook and entertain.

Comprehensive amenities for modern living

Park Terrace Gardens offers a range of amenities designed to enhance the living experience of its residents. The building features common roof decks with barbecue facilities, providing a perfect spot for outdoor gatherings and enjoying panoramic views. The private gardens are meticulously maintained, offering a peaceful retreat within the building's grounds. Residents have access to on-site laundry facilities, bike storage, and high-speed Internet access. The building is managed on-site and has a live-in superintendent to address any maintenance needs promptly. Pet-friendly policies ensure that furry friends are welcome. Additional conveniences include a concierge service and a package room, making daily life more manageable. The building also offers 24-hour access, air conditioning, heating, and elevators, ensuring comfort and convenience for all residents. The courtyard provides a serene outdoor space, while the roof terrace offers stunning views of the surrounding area. Public transportation is easily accessible, making commuting a breeze.

A vibrant and diverse community

Inwood is a neighborhood known for its affordability, natural beauty, and community-oriented atmosphere. The area is largely residential, with a diverse mix of residents and a relaxed, less congested vibe compared to other parts of Manhattan. Inwood Hill Park, Manhattan's largest and only old-growth forest, offers nearly 200 acres of hiking and biking trails, barbecuing sites, playgrounds, and scenic river views. The park's Urban Ecology Center provides educational opportunities about the area's geological and cultural history. Isham Park, another local green space, is a historic site with trails and events that draw the community together. The neighborhood's culinary scene reflects its diverse demographic, with restaurants like Bocaditos Bistro for Euro-Dominican fusion, Serrano Salsa for Mexican cuisine, and Patacon Pisao for Venezuelan dishes. CHOCnyc, a modern pastry shop, and Tubby Hook Tavern are local favorites for sweet treats and evening relaxation. Inwood's community spirit is evident in its mom-and-pop stores, such as Dichter Pharmacy, which doubles as an old-fashioned soda shop and community event space. The year-round greenmarket on Isham Street is a popular spot for fresh produce every Saturday. Long-standing grocery stores like C-Town and newer additions like Branzino fish market cater to residents' daily needs.

Convenient and accessible transit options

Park Terrace Gardens is well-served by various transportation options, making commuting and travel convenient for residents. The Inwood-207 Street subway station, serving the A line, is just a five-minute walk away, providing quick access to Midtown Manhattan. The 215 Street subway station, serving the 1 line, is also within a ten-minute walk, offering additional transit options. Several bus stops are located nearby, including Broadway & W 218 St and Broadway & W 215 St, serving routes that connect Inwood to Harlem, Washington Heights, and Riverdale. The Metro-North Hudson Line at Marble Hill Station is about a ten-minute walk, providing a direct route to the northern suburbs and beyond. For those who prefer to drive, Broadway extends north towards Marble Hill and the Bronx, while Route 9A borders the neighborhood along the west side, offering easy access out of the city. The area is also well-connected to major airports, with LaGuardia Airport approximately 20 minutes away by car, and John F. Kennedy International and Westchester County airports about 35 minutes away.

Available Units

No units matching this criteria are available right now.

Building Details

Views

  • River
  • City

Outdoor Features

  • Community Garden

Amenities

  • Rooftop Deck
  • Public Transportation
  • Laundry Facilities
  • 24 Hour Access

Condo Association

  • $2,855 Monthly HOA Fees
  • Monthly HOA Fees Range from $1,003 - $2,283
  • Association fees include heat, hot water, internet
  • Park Terrace Gardens Condos
  • Inwood Subdivision

Building Design

  • Co-Op
  • Pre War Building
  • Elevator
  • High-Rise Condominium

Unit Information By Building

Unit
B54
B72
Beds
2 Beds
2 Beds
Baths
2 Baths
1 Bath
Sq Ft
1,125
975
Price
$679,900
$519,900
Price / Sq Ft
$604 / Sq Ft
$533 / Sq Ft
List Date
03/04/2025
04/07/2025

Unit Size and Value Ranges

1 Bedroom Units
Sq Ft Range
700 - 900
Est. Values
$332,124 - $657,000
2 Bedroom Units
Sq Ft Range
950 - 1,200
Est. Values
$393,000 - $742,000
3 Bedroom Units
Sq Ft Range
1,300 - 1,775
Est. Values
$657,000 - $863,170
All Units
Sq Ft Range
700 - 1,775
Est. Values
$332,124 - $863,170

Map

Area Factors

Low Crime

Crime Score®

4 / 10

Somewhat Bikeable

Bike Score®

44 / 100

Very Walkable

Walk Score®

77 / 100

Rider's Paradise

Transit Score®

100 / 100
Sources: WhatIsMyCrimeRisk.com, Walk Score
Sources: WhatIsMyCrimeRisk.com, Walk Score

WhatIsMyCrimeRisk.com, Powered by CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks. Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

Environmental Factors

Active

Sound Score®

69 / 100

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Air Pollution®

N/A / 10

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Flood Factor®

N/A / 10

--

Fire Factor®

N/A / 10

--

Heat Factor®

N/A / 10

--

Wind Factor®

N/A / 10
Source: First Street, How Loud
Sources: First Street, How Loud

Sound Score® measures the noise level of any address. Environmental risk data is provided by First Street Foundation® and is designed to approximate risk and not intended to include all possible scenarios.

Parks in this Area

Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology
Disclaimer: Please note that this building may not be in these schools' attendance zones.

Agents Active in this Area

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Property Tax History

Source: Public Records

Building Website

Building Team

Property Management
Douglas Elliman - Park Terrace Gardens
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 and should be independently verified.