45 Park Terrace West

45 Park Terrace West is a Co-op located in Inwood, New York. The building was first built in 1940 and is 84 years old. The lot that the building was built on is 100 feet wide and 100 feet long. The official lot area is listed as 10,000 square feet. The building itself is 98 feet wide and 89 feet long. In total, 45 Park Terrace West has a total floor area of 47,180 square feet. Of that, 47,180 square feet are used for residential purposes. There are a total of 48 units. Of those, 48 are residential units. 45 Park Terrace West has a total of 6 floors. Thankfully, the building is equipped with elevator service.

Interested in learning more about the building? There are many great amenities and features for residents in the building. Only cats are allowed in the building. There are 54 closings on record, of which we have matching data for 12 listings. In the past 3 years, a listing in this building will typically remain on the market for about 145 days Meaning, listings tend to sell at a median of $437 price per square foot. The transaction that took the longest to complete was unit 5B, listed on May 29, 2019 for $425,000. This particular unit ultimately sold 293 days later for $390,000. The most recent transaction was for unit 3E, sold for $325,000 on Feb 06, 2024. Fun fact, the oldest transaction we have on record took place on Mar 05, 1968. See the full transaction history for 45 Park Terrace West below.

Inwood, where 45 Park Terrace West is located, has a median asking price of $949,000 for co-op buildings. Meanwhile, the building itself has a median asking price of $333,700. For interested buyers, that means the building's median asking price is around 0.65% below the neighborhood's median asking price for co-ops. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other co-op buildings in the neighborhood.

There is currently one active listing for sale within the building and our inventory of available units for sale is constantly updating in real time. Check back frequently for updates. The asking price for the only active sales listing is $549,000. It is a 2-bedroom and 2-bathroom unit.