50 PARK Terrace #1B, New York City, NY 10034
Listing Courtesy of Corcoran Group
$359,000
Potential Rebate: $5,385
Overview
OPEN HOUSES ARE BY APPOINTMENT ONLY<br> <br> Welcome to your new home! This spacious one bedroom is not a true ground floor unit, but one flight up in an elevator building. It has a great layout, original details, and Art Deco charm. There's a large open foyer with a coat closet and built-in bookcase plus room for additional furniture. From the foyer, you step down into the massive sunken living room with room for a home office in addition to a large sectional plus two big windows with custom shades . There is a separate windowed kitchen with a dining area. The kitchen features counters on both sides and lots of cabinet and drawer space. The king-sized bedroom has corner windows that let in lovely morning light. Plus there is a third window for a great additional cross-breeze and to put your a/c unit so as not to block those prime corner windows. There are custom blackout shades in the bedroom too to block out the bright morning sun until you're ready to face the day.<br> <br> <br> This apartment is full of storage space. There are 2 big closets in the bedroom, a large one outside the bathroom, plus another big one in the foyer for a total of 4 closets. There are hardwood floors throughout with beautiful border inlays in the foyer and herringbone floors in the living room. Don't forget to look up to see the picture frame moulding adding additional charm throughout the apartment. It's a truly spacious apartment that also feels like a cozy home. This is a gem.<br> <br> The pet friendly building is well-kept, also full of Art Deco charm, and has a wonderful resident super. There is an elevator, bike storage, additional storage available for rent, and common laundry on the ground floor. Gorgeous Isham Park is literally your backyard and Inwood Hill Park, with its athletic fields, tennis and basketball courts, hiking, and dog run, is also right down from the building. It's conveniently located to both the 1 and A trains plus many bus lines on Broadway. There are also parking garages for those with cars, as well as easy access to the Hudson River Greenway for cyclists. The neighborhood is full of wonderful restaurants, bars, and coffee shops. Plus there's the year-round Saturday Greenmarket right down from the building.<br> <br> Call or email to set up a private showing of this spacious home today.<br>
Home Features
- •Private Outdoor Space Under 60 Sqft
Estimated Monthly Payment
$2,956 per month
30 year fixed, 6.28% Interest
Estimated Rebate for this Home
One-time rebate at closing
$5,385
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).
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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 Corcoran Group
Data Source: TRESTLE #RLS20030569
Price Analysis
Compare average listing prices and value metrics for 50 PARK Terrace against the surrounding Inwood market.
Average List Price
Price Per SqFt
6.90% 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.
