Inwood offers primarily co-ops (approximately 90% of the sales market) with limited condo inventory (approximately 10%). The neighborhood features a mix of pre-war buildings with classic architecture and some newer construction. Unit types range from studios to multi-bedroom apartments. Prices vary based on size, condition, views, and building amenities. Contact a licensed real estate professional for current market information and available inventory.
Inwood offers several distinct characteristics: (1) Access to Inwood Hill Park, which contains the last natural forest in Manhattan, (2) A train express service to Midtown in approximately 25-35 minutes, (3) Views of the Hudson River and Palisades from many apartments, (4) Diverse dining and shopping options, (5) Located at the northern tip of Manhattan with a neighborhood community feel. As with any neighborhood, prospective buyers and renters should visit at different times to experience the area firsthand.
Co-ops (majority of inventory): Require board approval for purchase, typically require 20%+ down payment, include taxes in monthly maintenance, may restrict subletting. Condos (limited inventory): No board approval needed, more financing flexibility, separate common charges and taxes, easier to sublet. Both property types can be excellent choices depending on your needs. Work with a licensed agent to understand specific building requirements and current availability.
Inwood has multiple transit options: (1) A train express to Midtown: approximately 25-35 minutes, (2) 1 train local to Upper West Side and Downtown: approximately 45-55 minutes, (3) Metro-North nearby for travel to Westchester and Connecticut. Actual commute times vary based on time of day and specific destination. The MTA website provides current schedules and service information.
Important rental information for Inwood: (1) Under the NYC FARE Act (effective June 11, 2025), if a landlord hires a broker, the landlord pays the fee - tenants cannot be required to pay broker fees in these situations, (2) Security deposits are legally capped at one months rent, (3) Application fees cannot exceed $20 by law, (4) Many Inwood buildings are rent-stabilized, (5) Landlords must provide a written itemized list of all fees before lease signing. Research school options through the NYC Department of Education website if relevant to your search.