Manhattan condos $1,629/sf 2%Manhattan co-ops $283K/room 5%Central Park perimeterPark Ave $478K/room 19%CPW $350K/room 5%Fifth Ave $501K/room 19%Billionaires' Row $4,272/sf 24%Tribeca $1,941/sf 2%
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Cooperative · 1940
Park Terrace Gardens
40-77 Park Terrace East/West, New York, NY 10034
Buildings·Inwood·Cooperative

Park Terrace Gardens

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

BBL 1022430230 · BIN 1065006

CorridorInwood
At a glance
Year built
1940
Type
Cooperative
Units
397
The Data Room

Every recorded sale at this building, 2004–2026

Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.

Median $/sf
$574
Listing discount
1.7%
Recorded sales
112
On record
2004–2026

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.

Its claim to significance is the earliest-pre-WWII tower-in-the-park pedigree, predating the better-known Stuyvesant Town by half a decade. That pedigree traces to the Albert Goldhammer architectural pedigree — Goldhammer also designed Co-op Village on the Lower East Side and was earlier a partner in Springsteen & Goldhammer (Isham Gardens, 1924). At the heart of the plan sits the private central garden landscaped by resident volunteers, the green core the towers are arranged around.

Local Law 97

Carbon-penalty exposure
🟡
Moderate — under today's cap; material modeled 2030 exposure
2024–2029 annual penalty
$0 (under cap)
2030–2034 annual penalty
$38,886/yr
Per unit / month range
$0 – $42
See full Local Law 97 analysis — emissions history, scenarios, methodology →

Facade safety — Local Law 11

Local Law 11 / FISP · last inspection 2020–25
Safe
What this means for you

The latest available FISP filing classified the facade as Safe — no repairs were required at that inspection. Facade inspections run on a fixed five-year cycle; future inspection, repair, and any assessment decisions remain building-specific.

Inspection history
2005–10
SWARMP
2010–15
Safe
2015–20
SWARMP
2020–25
Safe
2025–30
Due
Next report due
by Feb 2029
On record
$750 in filing penalties
The three grades, in buyer terms
SafeLatest filing: Safe — no repairs required at that inspection.
SWARMPLatest filing: repairs required before the next inspection cycle.
UnsafeLatest filing: unsafe conditions requiring corrective action.

QEWI = Qualified Exterior Wall Inspector — the licensed engineer the city requires to sign the report (the independent expert, not the managing agent). Source: NYC DOB facade filings (FISP) · The Roebling Research Library.

See the full facade history →

Recent sales

Recent transfers at this building, curated by The Roebling Team research desk. Apartment-level facts are independently verified before publishing; sale prices reflect the recorded transfer amount at the NYC Department of Finance.

DateUnitApartmentPricePPSFvs. Ask
Apr 28, 2026A20
2 BR · 1 BA · 950 sf
$545,000$574/sf-0.9%
Feb 20, 2026B75
2 BR · 1 BA
$580,000-3.2%
Dec 11, 2025B54
2 BR · 2 BA · 1,200 sf
$665,000$554/sf-2.2%
Dec 2, 2025A74
2 BR · 2 BA · 1,200 sf
$710,000$592/sf+7.6%
Nov 20, 2025E48
2 BR · 1 BA
$799,500-11.1%
Nov 3, 2025E28
2 BR · 1 BA · 1,050 sf
$554,000$528/sf-7.7%
Aug 13, 2025C72
2 BR · 1 BA · 975 sf
$520,000$533/sfoff-mkt
Jul 10, 2025A83
2 BR · 1.5 BA · 985 sf
$749,000$760/sf+15.4%

Market read. Most recent trades (2026) cleared a median $574/sf across 1 sale. Median listing discount 1.7% from the last ask — a recurring negotiation gap worth pricing into any offer or listing strategy.

The retrade record

Lines that have traded more than once in the public record — the building’s appreciation arc, apartment by apartment.

E88 · 1,300 sf+111%
$550,000 ($423/sf) 2004$1,160,000 ($892/sf) 2024
D85+90%
$579,000 2004$1,099,000 2025
C80 · 1,125 sf+71%
$560,000 2006$780,000 2008$710,000 2013$960,000 ($853/sf) 2018
D89 · 1,500 sf+65%
$655,000 ($437/sf) 2010$990,000 ($660/sf) 2016$1,080,000 ($720/sf) 2020
B84 · 1,450 sf+63%
$665,000 ($459/sf) 2011$1,085,000 ($748/sf) 2019

Other recent transfers

DateUnitPrice
Aug 18, 2025D59$600,000
Jul 30, 2025D85$1,099,000
Jul 1, 2025D74$660,000
Dec 16, 2024D24$550,000
Sep 10, 2024D32$500,000
Feb 14, 2024D70$552,000
View all 112 recorded transfers, sortable

Full closing history with price-per-square-foot over time, the complete retrade record, and every line that has traded.

Sales sourced from NYC Department of Finance recorded transfers (BBL 1-02243-0230) and verified listing data. Apartment-level facts (line, condition, asking-price context) curated and cross-verified by The Roebling Team research desk. Not all transactions cross-verify with ACRIS records — sponsor and LLC purchases sometimes record at stipulated values rather than market price; square footage on co-ops is not officially recorded, figures shown are approximate.

Comparable buildings


Sources: The Roebling Research Library (offering plans, house rules, financial statements, board minutes, internal transaction records); NYC Department of Finance recorded transfers; publicly recorded NYC building data.

Preparing a board package for this building?

The full playbook — what goes in the package, how boards read your financials, the interview, and the timeline — plus sample cover, reference, and personal letters you can adapt.

Considering a move at Park Terrace Gardens?

Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.

Prefer to speak directly? Schedule a consultation →
Corey Cohen, Principal · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com
Considering a sale?

Own an apartment here? See what it would sell for.

A Private Pricing Opinion — what your apartment at Park Terrace Gardens would likely sell for today, what it costs to sell, and what you’d walk away with — reviewed personally against condition, exposures, renovation quality, and the competition actually on the market.