50 Park Terrace West

50 Park Terrace West is a Co-op located in Inwood, New York. The building was first built in 1925 and is 99 years old. It was first renovated and altered in 1986. The lot that the building was built on is 100 feet wide and 100 feet long. The official lot area is listed as 10,175 square feet. The building itself is 88 feet wide and 100 feet long. In total, 50 Park Terrace West has a total floor area of 47,477 square feet. Of that, 47,477 square feet are used for residential purposes. There are a total of 50 units. Of those, 50 are residential units. 50 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. Residents who own pets will be happy to hear that the building is pet-friendly. There are 62 closings on record, of which we have matching data for 22 listings. In the past 3 years, a listing in this building will typically remain on the market for about 137 days Meaning, listings tend to sell at a median of $511 price per square foot. The transaction that took the longest to complete was unit 2A, listed on May 29, 2015 for $349,000. This particular unit ultimately sold 364 days later for $375,000. The most recent transaction was for unit 2B, which was first advertised on Feb 11, 2022, sold for $399,000 on Jan 04, 2023. Fun fact, the oldest transaction we have on record took place on Jan 21, 1969. See the full transaction history for 50 Park Terrace West below.

Inwood, where 50 Park Terrace West is located, has a median asking price of $940,000 for co-op buildings. Meanwhile, the building itself has a median asking price of $410,000. For interested buyers, that means the building's median asking price is around 0.56% 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 are currently 2 active listings for sale within the building and our inventory of available units for sale is constantly updating in real time. Check back frequently for updates. Currently, the most expensive asking price for all of the active units in the building is $429,000. It is a 1 bedroom and 1 bathroom unit. Conversely, the least expensive asking price for all of the active units in the building is $399,000. It is a 1 bedroom and 1 bathroom unit. A breakdown of active listings shows 2 one-bedroom, units for sale! The median price of all the active units for sale in the building is $414,000. Active units for sale at 50 Park Terrace West have a median count of 1 bedrooms and have a median count of 1 bathroom.