62 Park Terrace #A-77, New York City, NY 10034
Listing Courtesy of New Heights Realty
$539,000
Potential Rebate: $8,085
Overview
For Every Season There is a View<br>Are you ready to buy a home in Inwood’s most desirable coop? Come home to garden views out every window. The kitchen and bathroom are perfectly functional, but ready for your personal touch. The apartment features two roomy bedrooms, plenty of closet space, an elegant sunken living room with all the grace of an earlier era. High Speed internet is included in your maintenance. Park Terrace Gardens features common roof decks complete with bar-b-cue grills, dining area, and Adirondack chairs where you can watch the sunset over beautiful Inwood Hill Park; new laundry rooms and elevators; a beautifully kept garden for your quiet enjoyment where two community events are held each year where you can meet your neighbors.
Home Features
- •Common Area
- •Building Garden
- •Building Roof Deck
Estimated Monthly Payment
$4,329 per month
30 year fixed, 6.28% Interest
Estimated Rebate for this Home
One-time rebate at closing
$8,085
Monthly savings impact
$22/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).
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 New Heights Realty
Data Source: TRESTLE #RLS20058689
Price Analysis
Compare average listing prices and value metrics for 62 Park Terrace against the surrounding Inwood market.
Average List Price
Price Per SqFt
12.40% Higher
than the Inwood price-per-sq-ft average
This building commands a premium compared to the neighborhood baseline. This typically indicates superior amenities, newer construction, or prime positioning within Inwood.
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.
