50 Park Terrace West, #1B, New York (Inwood), NY, 10034 | $389,000

OPEN HOUSES ARE BY APPOINTMENT ONLY.
This spacious one bedroom, one flight up in an elevator building, has a great layout and is full of Art Deco charm and original details. The large open foyer has a coat closet and built-in bookcase with room for additional furniture. From the foyer, you step down into the massive sunken living room with two big windows with custom shades, and room for a home office in addition to a large sectional. There is a separate windowed kitchen with a dining area. The kitchen has counters on both sides and lots of cabinet and drawer space. The king-sized bedroom has corner windows that let in lovely morning light. Plus there is a third window for a great additional cross-breeze and to put your a/c unit so as not to block those prime corner windows. There are custom blackout shades in the bedroom too for those who like to sleep in.
This apartment is full of storage space. There are 2 big closets in the bedroom, a large one outside the bathroom, plus another big one in the foyer for a total of 4 closets. There are hardwood floors throughout with beautiful border inlays in the foyer and herringbone floors in the living room. Don't forget to look up to see the picture frame moulding adding additional charm. It's the perfect balance of a truly spacious apartment that also feels like a cozy home. This is a gem.
The pet friendly building is well-kept, also full of Art Deco charm, and has a wonderful resident super. There is an elevator, bike storage, additional storage available for rent, and common laundry on the ground floor. Gorgeous Isham Park is literally your backyard and Inwood Hill Park, with its athletic fields, tennis and basketball courts, hiking, and dog run, is also right down from the building. It's conveniently located to both the 1 and A trains plus many bus lines on Broadway. There are also parking garages for those with cars, as well as easy access to the Hudson River Greenway for cyclists. The neighborhood is full of wonderful restaurants, bars, and coffee shops. Plus there's the year-round Saturday Greenmarket right down from the building.
Call or email to set up a private showing of this special home.

Features

  • Town: New York
  • Cooling: Unknown Type
  • Levels: 6
  • Amenities: Bike Room; Laundry Room; Common Storage;
  • Rooms: 3
  • Bedrooms: 1
  • Baths: 1 full
  • Year Built: 1925
  • Pet Policy: Pets Allowed
  • Building Access : Elevator
  • Service Level: Voice Intercom
  • LobbyAttendant: No
  • OLR#: RPLU33423107541
  • Days on Market: 111 days
  • Website: https://www.raveis.com
    /prop/RPLU33423107541/50parkterracewest_newyork_ny?source=qrflyer
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.
Listing courtesy of Corcoran Group

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Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.Alvarez@Raveis.com

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50 Park Terrace West, #1B, New York (Inwood), NY, 10034

$389,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah Alvarez

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 347.223.0992

Sarah.Alvarez@Raveis.com

NMLS Mortgage Loan Originator ID 1880936

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $311,200 $311,200 $311,200
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.551% 7.159% 6.276%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,070 $2,068 $2,624
Total Monthly Payment $2,145 $2,143 $2,699

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.