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Explore Inwood Neighborhood in New York City

Real Estate New Developments

General Information


Inwood is a vibrant neighborhood located at the northern tip of Manhattan, bordered by the Harlem River to the east and the Spuyten Duyvil Creek to the west. Known for its green spaces, residential feel, and close-knit community, Inwood offers a peaceful, suburban-like atmosphere while still being a part of New York City. The neighborhood is characterized by its historic architecture, including pre-war buildings, and its abundance of parks, including Inwood Hill Park, the largest natural park in Manhattan. With stunning views of the Hudson River and the George Washington Bridge, Inwood provides a respite from the hustle and bustle of lower Manhattan. The area has become increasingly popular with families, young professionals, and artists due to its affordability compared to other Manhattan neighborhoods, as well as its convenient access to public transportation. Inwood’s mix of cultural diversity, historic charm, and outdoor spaces make it an attractive place to live for those seeking a balance of nature and urban living.

Real Estate Information

Inwood's real estate market is known for its relatively affordable prices, especially when compared to more southern neighborhoods in Manhattan. The neighborhood offers a mix of housing options, including rent-stabilized apartments, classic pre-war buildings, and newer developments that have emerged in recent years. While the majority of Inwood's housing stock consists of rental apartments, the area also offers opportunities for homeownership, with a number of co-ops and condominiums available. Real estate in Inwood has seen a surge in interest in recent years, with developers drawn to the area's affordability and potential for growth. This has resulted in new residential buildings, as well as a steady rise in property values. Despite these changes, Inwood has retained much of its original charm, with tree-lined streets, quiet parks, and historic landmarks that give the neighborhood a distinct identity. The neighborhood remains a more budget-friendly option for those looking to live in Manhattan, and its proximity to major transit hubs, such as the 1, A, and C subway lines, make it easy to access other parts of the city. As development continues, Inwood is becoming an increasingly desirable area for people looking for more space and value in Manhattan.

Historical/Interesting Facts

Inwood has a rich history that stretches back to the early days of New York City. The area was originally inhabited by the Lenape Native American tribe before being settled by the Dutch in the 1600s. In the 19th century, Inwood was primarily rural farmland, with estates and country homes owned by wealthy New Yorkers seeking an escape from the city. The neighborhood's transformation into a more urbanized area began in the early 20th century, with the construction of the subway system bringing increased development and a more diverse population. Inwood’s history is also tied to the Harlem Renaissance, with many prominent African American figures living and performing in the area. The neighborhood’s real estate boomed in the mid-20th century, with the development of large apartment buildings and public housing complexes that provided homes for working-class families. In recent decades, Inwood has become an increasingly popular residential neighborhood, as young professionals, artists, and families have been attracted to its more affordable living options and its proximity to the natural beauty of Inwood Hill Park. Today, Inwood is a neighborhood that honors its past while embracing the changes of a rapidly growing Manhattan, making it an exciting place to live for both longtime residents and newcomers.

Properties Statistics

Total Properties

29

Median Asking

$463,399.83

Sale Price/ft²

$508.73

Average Home Size

518 ft²

Average Home Age

77 years

Based on results from 29 properties

Buildings in this Sector

Origin Park Terrace East95 park terrace east

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Park Terrace Gardens72 park terrace west

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Park Terrace Garden77 park terrace east

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ACADEMY TWINS571 academy street

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Park Terrace Gardens70-72 park terrace west

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FAQ about Inwood