Manhattan Building · 1940
Park Terrace Gardens
40-77 Park Terrace East/West, New York, NY 10034

Park Terrace Gardens

40-77 Park Terrace East/West, New York, NY 10034

At a glance
Year built
1940

Park Terrace Gardens is among the earliest pre-WWII middle-class tower-in-the-park projects in NYC — predating the better-known Stuyvesant Town by half a decade. The site's preserved 1855 Seaman-Drake Arch is the only freestanding marble arch in Manhattan outside Washington Square.

The structural identity rests on three features. First, the earliest-pre-WWII tower-in-the-park pedigree — predates Stuyvesant Town. Second, the Albert Goldhammer architectural pedigree — also designed Co-op Village on the Lower East Side; was earlier partner in Springsteen & Goldhammer (Isham Gardens, 1924). Third, the private central garden landscaped by resident volunteers.

Recent sales

  • 70 Park Terrace West #E37 sold $375,000 Nov 14, 2024
  • 77 Park Terrace East unit sold $500,000 Nov 15, 2024
  • $552,000 Sep 5, 2024
  • June 2025: 2BR/2BA at 77 Park Terrace East $550,000
  • January 2025: $675,500
  • April 2025: 1,000 sf unit $549,000
  • 57 Park Terrace East avg $650,000 / $530/sf

Comparable buildings

The Roebling Team at Park Terrace Gardens

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Corey Cohen · The Roebling Team at Compass 646.939.7375 · c.cohen@compass.com


Sources: myinwood.net (Cole Thompson) "Park Terrace Gardens" + "Rises from Ruins of Seaman Mansion" + "Masters of Pulp" + "Named Buildings of Inwood"; CityRealty building pages; Corcoran building pages; 6sqft "Towers in the Park: Le Corbusier's Influence in NYC"; NYC Department of Finance recorded transfers.

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Corey Cohen · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com