Park Terrace Garden

Park Terrace Garden is a Co-op located 57 Park Terrace East, in Inwood, New York. The building was first built in 1939 and is 85 years old. It was first renovated and altered in 1986. The lot that the building was built on is 106 feet wide and 213 feet long. The official lot area is listed as 30,900 square feet. The building itself is 84 feet wide and 158 feet long. In total, 57 Park Terrace East has a total floor area of 87,400 square feet. Of that, 87,400 square feet are used for residential purposes. There are a total of 78 units. Of those, 78 are residential units. 57 Park Terrace East has a total of 9 floors. Thankfully, the building is equipped with elevator service. Residents can access the two elevators in 57 Park Terrace East.

Interested in learning more about the building? There are many great amenities and features for residents in the building. You can expect to be greeted by a doorman on a daily basis. The same doorman will make sure that your packages are delivered properly and secure! For your convenience, laundry is located in the building. Love to bike? Store your bike in the building's bike storage rather than your own apartment. Don't forget to take full advantage of the roof deck where you can soak up some sun during summer or host a get together with your friends and family. On weekends, residents can enjoy the building's deck. Alternatively, take a stroll around the building's garden. Residents who own pets will be happy to hear that the building is pet-friendly. Both dogs and cats are allowed in the building! There are 78 closings on record, of which we have matching data for 10 listings. In the past 3 years, a listing in this building will typically remain on the market for about 169 days Meaning, listings tend to sell at a median of $508 price per square foot. The transaction that took the longest to complete was unit B15, listed on Jul 01, 2014 for $252,000. This particular unit ultimately sold 287 days later for $232,000. The most recent transaction was for unit B28, which was first advertised on Jan 07, 2023, sold for $425,000 on Jun 21, 2023. Fun fact, the oldest transaction we have on record took place on Sep 20, 1968. See the full transaction history for Park Terrace Garden below.

Inwood, where 57 Park Terrace East is located, has a median asking price of $949,000 for co-op buildings. Meanwhile, the building itself has a median asking price of $422,000. 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 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 $429,000. It is a 2-bedroom and 1-bathroom unit.