3 months on rocket

55 Park Ter E Unit B40, New York City, NY, 10034

$499,000

Home List Price

$5,926*

Closing Credit

2 Bedrooms
1 Full Bath
950 SqFt
$525/SqFt
Condo
Schools Nearby

Location

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55 Park Ter E Unit B40, New York$499,000

Buyer Closing Credits

$5,926*

1.25% Loan Amount

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Property Highlights

Home TypeStock Cooperative
Year Built1939
MLS #COMP-1497149434134864057
StatusActive

About 55 Park Ter E Unit B40

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.

Property Details

Property Features

Property Information:

  • Year Built: 1939
  • Living Area: 950 SqFt

Listing Office:

  • Office Name: Compass
  • Office Phone: (212) 913-9058
  • Listing Agent: Kelly Cole
  • Agent Phone: (917) 575-8375

Interior Features

Interior Information:

  • Appliances: Dishwasher
  • Flooring Type: Hardwood
  • Interior: Eat-in Kitchen, Pantry

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Attached Garage: No

Price Information

Listing Price Info

Price Summary:

  • List Price: $499,000
  • Price Per SqFt: $525/SqFt

HOA Fees:

  • Amount: $1479
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in New York, NY.

Med. Sold Price

$845.4K

Med. Price/SqFt

$636

Avg. Days On Market

96

# of Sold Homes

1548

55 Park Ter E Unit B40 vs New York

94 DAYS ON ROCKET

-2 Days

$499,000

-$346.4K Less

$525/SqFt

-$112 Less

KEY TAKEAWAY

This property is $346.4K less than the Median Sold Price and $112/SqFt less than other homes in New York, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: REBNY
  • MLS Number: #COMP-1497149434134864057

Listing Office:

  • Office Name: Compass
  • Office Phone: (212) 913-9058
  • Listing Agent: Kelly Cole
  • Agent Phone: (917) 575-8375

IDX ©2024 The Real Estate Board of New York, Inc., All rights reserved. Website powered by IHR Technology Services.

Listing information for certain New York City properties provided courtesy of the Real Estate Board ofNew York’s Residential Listing Service (the “RLS”). The information contained in this listing has not beenverified by the RLS and should be verified by the consumer. The listing information provided here is forthe consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property.

This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 4/30/2024, 1:25:17 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$4,037

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,563

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-3705884
6
/10
  • PS 98 Shorac Kappock

  • 512 W 212th St

  • 0.20 miles

  • Public District Grades PK-5

school-card-donut-3705885
9
/10
  • Washington Heights Academy

  • 202 Sherman Ave

  • 0.42 miles

  • Public District Grades PK-5

school-card-donut-3705886
9
/10
  • Muscota

  • 4862 Broadway

  • 0.45 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $74,906. The most common annual income of people living in New York, NY is between $35k-100k. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 55 Park Ter E Unit B40

What is the listing price of this property?

The listing price of 55 Park Ter E Unit B40 property is $499,000.

What type of property is this?

The property 55 Park Ter E Unit B40 is a condo located in New York City, New York, 10034.

Is this property for sale now?

Active Listing: 55 Park Ter E Unit B40 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 55 Park Ter E Unit B40 has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 55 Park Ter E Unit B40 is 950 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 55 Park Ter E Unit B40 is 1939.

Rocket Homes›New York›New York›10034›55 Park Ter E Unit B40

This home is located at 55 Park Ter E Unit B40 in New York City, NY and zip code 10034 in the Inwood neighborhood. This 950 square foot home was built in 1939. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since January 26, 2024 and is currently priced at $499,000.

Over 154 listings were sold over their listed price in March 2024 in New York, NY. In the same period over 748 listings were sold below the listed price and 645 listings were sold for the listed price. Between February 2024 and March 2024, New York, NY real estate market has seen increase in the number of listings by 3.7%. Listings spent 96 days on the market in March 2024, and had a median list price of $845,489 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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