--- title: "55 Park Terrace #B-82, New York, NY 10034" description: "55 Park Terrace #B-82, New York, NY 10034 — NYC real estate listing on Real Estate Rebate Team. Priced at $1,040,000. Est. potential buyer savings up to $26,000 (subject to buyer-broker compensation received, lender approval, and applicable law)." url: "https://realestaterebatesnewyork.com/new-developments/newyorkcity/manhattan/10034/55-park-terrace-b-82-B82-ny-10034" source: "Real Estate Rebate Team" --- # 55 Park Terrace #B-82, New York, NY 10034 > **Listing Courtesy of:** New Heights Realty ## Description Renovated Three Bedroom Duplex Penthouse w/ Private Terrace Rarely does an apartment like this come to market. Welcome to this beautifully renovated three-bedroom, one-and-a-half-bath penthouse duplex with a huge private terrace in the highly sought-after Park Terrace Gardens cooperative in Inwood. With sweeping views and classic Art Deco character, this is a truly special home—without ever leaving Manhattan. The front door opens into a generous and versatile entry foyer, large enough to accommodate a dining area or home office. From there, step down into the spacious sunken living room, a signature Art Deco feature. A large bank of north-facing windows overlooks the peaceful garden courtyard, filling the space with light. Throughout the apartment you’ll find beautiful herringbone hardwood floors, along with original details including wrought-iron railings and recessed shelving. The newly renovated kitchen is both stylish and functional. An east-facing window brings in wonderful morning light, making the space bright and welcoming. The kitchen features stainless steel appliances including a Whirlpool dishwasher and microwave, Frigidaire range, and GE French-door refrigerator with bottom freezer. Additional highlights include engineered marble countertops, a deep Ruvati sink, and abundant cabinet storage. Much of the apartment’s electrical system, kitchen included, has been completely rewired and features a new circuit breaker box. Also on the main level is the large and cheerful primary bedroom, featuring north and east exposures, generous closet space, and a ceiling fan. A second bedroom, also on the first floor, faces east and enjoys excellent natural light. Between the bedrooms is a spacious dressing area with additional closet space, leading to a fully renovated windowed bathroom. The bathroom features striking black-and-white tile-work on both floors and walls, a rainfall shower head, and a classic pedestal sink. Upstairs you’ll find the apartment’s distinctive third bedroom—known as the “Pilot House.” This charming and private space includes its own half bath and works beautifully as a bedroom, home office, or guest retreat. From here, step outside onto the large L-shaped private terrace, where the views stretch for miles. The terrace is perfect for entertaining, outdoor dining, or quiet mornings tending to a garden. The parapet brickwork and exterior walls of the Pilot House were recently rebuilt, leaving the terrace in exceptional condition. Charcoal barbecues are permitted, making this a wonderful space for gatherings. Homes like this rarely become available and consistently generate strong interest. Park Terrace Gardens offers exceptional amenities including: • Concierge services • Private landscaped gardens • On-site management office • Bike storage (waitlist) • Free high-speed internet for residents • Pet-friendly community The complex recently completed window replacements throughout, and the laundry rooms have been fully renovated. With over 80% owner occupancy and strong financials, the building is well maintained and highly regarded. This beautiful penthouse is located just blocks from shopping, restaurants, a weekly farmers market, two subway lines, and the breathtaking 196-acre Inwood Hill Park. Pet friendly. 80% financing allowed. ## Property Details - **Price**: $1,040,000 - **Potential Buyer Rebate**: $26,000 - **Bedrooms**: 3 - **Bathrooms**: 1 full, 1 half - **Living Area**: 1,200 sqft - **Property Type**: Residential - **Year Built**: 1939 - **Building**: 55 Park Terrace - **Neighbourhood**: Inwood - **Area / Borough**: Manhattan - **Subdivision**: Inwood - **Listing Office**: New Heights Realty - **State**: NY - **Flags**: New Development, Sponsor Unit ## Estimated Potential Buyer Savings Real Estate Rebate Team estimates potential buyer savings of up to **$26,000** at closing. *Estimated by Real Estate Rebate Team. Subject to buyer-broker compensation received, lender approval, transaction terms, and applicable law. Not all listings qualify.* ## Related Links - [Building details](https://realestaterebatesnewyork.com/buildings//buildings/new-york-city/manhattan/55-park-terrace) - [Neighbourhood guide](https://realestaterebatesnewyork.com/neighborhoods//neighborhoods/new-york-city/manhattan/inwood) - [Calculate your exact cash back and book a showing here](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) - [Contact Regis Roumila for more details](https://realestaterebatesnewyork.com/contact) --- > This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available. > This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved.