45 Park Terrace #5A, New York City, NY 10034
Listing Courtesy of Compass
$365,000
Potential Rebate: $5,475
Overview
HIGH FLOOR OASIS
Enter this beautifully curated home and exhale. It’s the peaceful respite you have been yearning for with uncanny privacy for a NYC home. No windows look into neighboring apartments; instead, you have architectural interest with plenty of blue sky and natural light. Above all, keen attention to detail makes this Deco beauty a real standout. All the solid wood doors have been stripped and stained, the metal frames boast original patina and the windowsills have been outfitted with wood to match new baseboard and picture rail moldings.
The large, usable entry foyer ushers you into the main living space where formal dining and separate conversation areas live in harmony. Rounding out the great room is a delightful pass-thru retro kitchen with double porcelain sink, new range, full-size refrigerator and well-preserved vintage wood cabinetry.
The generously proportioned bedroom is nicely removed from the entertaining space creating needed separation when co-habitating or hosting overnight guests. Throughout are pristine oak hardwood floors and 6 generous closets. This gem will not disappoint.
Quietly situated in one of Inwood's great Deco buildings where residents enjoy LOW MAINTENANCE, bike storage, private storage, 24-hour central laundry and a live-in Superintendent. Sorry no dogs. The building offers Fios and Spectrum. Here you enjoy easy proximity to the local Saturday Green Market, cafes, restaurants, shopping, the A and 1 trains and Metro North as well as inexpensive parking garages with easy access to all metropolitan highways. If Nature is your inspiration, you’ll be thrilled to live two short blocks from Inwood Hill Park, which is home to the beautiful Muscota Marsh, an extensive wetland restoration that reintroduces salt marsh and freshwater zones containing a diverse palette of native plants. This lush park also offers hiking trails, running paths, ball fields, kayaking and plenty of green space for picnics, relaxing, enjoying free outdoor summer concerts or evening yoga. 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. Inwood is a vibrant neighborhood and among Manhattan’s most beautiful. Coming home should always feel this good.
Note: there is an Assessment of 284.78/mo though March of 2026 for capital improvements.
Home Features
- •Common On Floor
- •Common Area
- •Soaking Tub
- •Hardwood
- •Security System
Estimated Monthly Payment
$2,953 per month
30 year fixed, 6.28% Interest
Estimated Rebate for this Home
One-time rebate at closing
$5,475
Monthly savings impact
$15/mo
💡 Estimated at 1.5% of purchase price
The rebate is paid to you at closing and can help offset closing costs or other expenses.
Calculator Disclaimer: This calculator provides estimates for informational purposes only. Actual monthly payments, interest rates, taxes, and rebate amounts may vary. The rebate calculation is an estimate and subject to final terms. This information is not provided by the Real Estate Board of New York (REBNY).
Similar Homes
585 West 214th Street #4G, New York City, NY 10034
Listing Courtesy of Compass
675 ACADEMY Street #6A, New York City, NY 10034
Listing Courtesy of Corcoran Group
579 West 215TH Street #5A, New York City, NY 10034
Listing Courtesy of Douglas Elliman Real Estate
50 PARK Terrace #1B, New York City, NY 10034
Listing Courtesy of Corcoran Group
Why Buy With Us
Rebates Up To
2.5%
25+ Years
Experience
REBNY & NAR
Member
Verified
Listings
RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and for no listing shall the number of bedrooms listed be considered a legal conclusion.
The Real Estate Rebate Team
Listing Courtesy of Compass
Data Source: TRESTLE #RLS20045397
Price Analysis
Compare average listing prices and value metrics for 45 Park Terrace against the surrounding Inwood market.
Average List Price
Price Per SqFt
8.94% Lower
than the Inwood price-per-sq-ft average
Units in this building are listed below the neighborhood average, potentially offering better value per square foot compared to surrounding properties.
Inwood
Overview of Inwood
Inwood Is the northernmost neighborhood in Manhattan, nestled between the Hudson and Harlem Rivers. Known for its massive parks, hilly terrain, and affordability, it feels more like a cozy upstate town than a city district. For buyers looking for Inwood Manhattan real estate, it offers the distinct feeling of "leaving the city" without leaving the borough.
Living in Inwood, Manhattan is green and peaceful. It is dominated by Inwood Hill Park, the last natural forest in Manhattan. As a tight-knit Manhattan NYC neighborhood, it attracts nature lovers, artists, and families who prioritize space and quiet over the frenetic energy of downtown.
Real Estate & Housing Market
The market for homes for sale in Inwood is a hidden gem for value. You will find charming Art Deco co-ops with sunken living rooms and generous square footage at prices unmatched elsewhere in Manhattan. There is also a stock of single-family homes and smaller apartment buildings.
Recent rezoning is sparking some new development, but the core inventory remains pre-war co-ops. It is a haven for first-time buyers who are willing to trade a longer commute for a larger, nicer home near nature.
Lifestyle & Community
The lifestyle in Inwood revolves around the outdoors. Residents spend weekends hiking in the park, kayaking on the river, or visiting the weekly farmers market. The nightlife is low-key, centered on local pubs and restaurants along Dyckman Street and Broadway.
Community bonds are strong here. The "small town" vibe is real; people know their neighbors and shop owners. It is a diverse neighborhood with a vibrant Dominican culture blending with a growing population of young professionals and artists.
Transportation & Accessibility
Inwood is the end of the line for the A and 1 trains. The Express A train is the neighborhood's lifeline, getting to Columbus Circle in about 30 minutes. The 1 train offers local service through the West Side.
Because it is the last stop, you always get a seat in the morning. Driving is also more common here, with easier street parking than the rest of the island and quick access to the Henry Hudson Parkway for escapes north.
Parks, Schools & Amenities
Inwood Hill Park is the crown jewel—196 acres of old-growth forest, caves, and hiking trails. It is the best place in NYC to pretend you are not in NYC. Fort Tryon Park, with The Cloisters museum, is also just to the south.
Amenities are local and sufficient, with supermarkets and essentials along Broadway. While it lacks big-box retail, the trade-off is the abundance of incredible green space and recreational facilities like tennis courts and ballfields.
Who This Neighborhood Is Best For
Inwood is best for nature lovers, dog owners, and buyers seeking maximum square footage for their budget. It is ideal for those who don't mind a longer commute in exchange for trees, silence, and community.
