- Year built
- 1940
- Type
- Cooperative
- Units
- About 397
- Landmark status
- Not an individual landmark; not in a historic district
- NYC Landmarks Preservation Commission and City Planning records, updated February 2026
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, 2026 to date
- $559
- 6 sales
- Listing discount
- 1.3%
- Recorded sales
- 382
- On record
- 2004–2026
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.
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.
Architecture and building operations
Art Deco with landscaped private central garden. Goldhammer also designed Co-op Village on the Lower East Side; was earlier partner in Springsteen & Goldhammer (Isham Gardens, 1924). The complex 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 1855 Seaman Mansion's marble entrance arch survives on Broadway — the only freestanding marble arch in Manhattan outside Washington Square.
Operations: Self-managed cooperative. Private central garden landscaped by resident volunteers. Each building ~80 apartments; three- to five-room layouts.
Policy framework
- Type: Cooperative
- Not landmarked
- The Seaman-Drake Arch is separately significant on the National Register
Building staffing and amenities
- Concierge
- YesSource: recent listing records
- Elevator
- YesSource: NYC Department of City Planning records (PLUTO)
Staffing and amenities as our building profile and recent listing records describe them. A feature not listed is not confirmed absent.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $38,886/yr
- Per unit / month range
- $0 – $42
- Modeled exposure split equally across 78 units (the residential count on the city's lot record). Not an assessed amount; co-op shareholders are typically charged by share allocation.
Source: NYC LL84 benchmarking and PLUTO · The Roebling Research Library. City data last refreshed September 2026.
See full Local Law 97 analysis — emissions history, scenarios, methodology →Facade safety — Local Law 11
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.
How to read this, and where it comes from
QEWI = Qualified Exterior Wall Inspector — the licensed engineer the city requires to sign the report (the independent expert, not the managing agent).
Penalties shown are amounts DOB assessed against filings on record across 2005–10 to 2020–25. The FISP dataset does not record whether they were paid, contested or remain open, so treat the figure as history rather than a current balance and confirm the building’s standing with the managing agent.
Source: NYC DOB facade filings (FISP) · The Roebling Research Library. City data last refreshed September 2026.
Recent sales
Recent transfers at this building, from The Roebling Research Library. Prices are the transfer amounts recorded with the NYC Department of Finance; apartment-level detail is checked against the building’s own file in The Roebling Research Library before publishing.
| Date | Unit | Apartment | Price | PPSF | vs. Ask |
|---|---|---|---|---|---|
| Aug 31, 2026 | B82 | 3 BR · 1.5 BA · 1,200 sf | $1,030,000 | $858/sf | -1.0% |
| Aug 6, 2026 | E67 | 1 BR · 1 BA · 775 sf | $345,000 | $445/sf | +0.0% |
| Jun 30, 2026 | B87 | 3 BR · 1.5 BA | $960,000 | -2.0% | |
| Jun 29, 2026 | E56 | 1 BR · 1 BA · 800 sf | $415,000 | $519/sf | -1.2% |
| Jun 23, 2026 | A77 | 2 BR · 1 BA · 975 sf | $530,000 | $544/sf | -1.7% |
| May 15, 2026 | C75 | 2 BR · 1 BA · 950 sf | $560,000 | $589/sf | -2.6% |
| Apr 28, 2026 | A20 | 2 BR · 1 BA · 950 sf | $545,000 | $574/sf | -0.9% |
| Feb 20, 2026 | B75 | 2 BR · 1 BA | $580,000 | -10.8% |
Market read. Most recent trades (2026 to date) cleared a median $559/sf (recorded) across 6 sales. Median listing discount 1.3% 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.
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). Apartment-level facts (line, condition, asking-price context) curated and cross-verified in The Roebling Research Library. 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.
Closed rents at Park Terrace Gardens, last 36 months
| Size | Leases | Median / month |
|---|---|---|
| 2 bedroom | 2 | $2,750 |
Also $33 per sq ft per year (4 leases that report square footage). 4 closed sublet leases, October 2023 to September 2026. Most recent lease December 2025. Based on few leases. Sizes with fewer than 2 leases are not shown. Compiled by The Roebling Team at Compass from closed leases.
What would your apartment rent for?
The figures above are the building's closed leases. Enter your apartment and I'll send you what yours would rent for, from comparable leases at Park Terrace Gardens and nearby.
At the recent median sale of $580K (24 transfers since 2024), a buyer putting 25% down would pay about $10,725 to close, or 1.8% of the price.
- Mansion tax: $0
- No mortgage recording tax or title insurance on a co-op purchase
- Attorneys, lender, building fees and filings: $10,725
Assumes a resale (the seller pays transfer taxes), a $4,500 attorney fee and a mortgage on the rest.
Keep up with Park Terrace Gardens and its market
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Notable residents (historic)
Pulp-fiction writers were the first residents — myinwood.net documents this in "Masters of Pulp."
Comparable buildings
- Hudson View Gardens (116 Pinehurst) — Pelham Sr. 1925; nearby Hudson Heights peer
- Castle Village — Pelham Jr. 1939; nearby Hudson Heights peer
- 100 Bennett Avenue — Ginsbern 1939; nearby Hudson Heights peer
- 409 Edgecombe Avenue — Schwartz & Gross 1916; nearby Sugar Hill peer
- 555 Edgecombe Avenue — Schwartz & Gross 1916; nearby Sugar Hill landmark peer
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.
More Inwood buildings
- 25 Indian Road — 1953 co-op by Horace Ginsbern & Associates
- 1825 Riverside Drive — 1926 co-op
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.
How to read the facts on this page. Items attributed to an offering plan describe the building as it was offered at that filing — unit mix, square footage, the amenity program as planned. They are not a statement about how the building operates today. Tax and compliance figures are sourced separately to current City records and carry their own dates. House rules, staffing and fee policy can change by board resolution without any public filing: treat every policy line here as a starting point for diligence and confirm it with the managing agent. Where this page compares one building or neighborhood to another, that is our analysis of the recorded record — it names the measure, the period and the sample it rests on, and it is an observation about medians rather than a prediction about any particular apartment.
Considering a move at Park Terrace Gardens?
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646.939.7375 · c.cohen@compass.com