Hotel in Manhattan

Park Terrace Hotel: Is It Right for Your Stay?

Ranked 38 of 279 in Manhattan on our weighted review measure.

Best for
Travelers who want a terrace
Location
Manhattan
Review score
8.8 out of 10 from 3,198 reviews
Price band
$300 and up
Property type
Hotel, 4-star listing
Last checked
August 2026
Check current ratesCompare the area

The verdict

Park Terrace Hotel ranks 38 of 279 in Manhattan on our weighted review measure, which balances the score against the number of reviews behind it. It holds 8.8 out of 10 from 3,198 reviews. At about $363 a night in the August 2026 snapshot it sits in the upper part of that set, against a $243 median. The clearest reason to shortlist it is travelers who want a terrace.

Its 8.8 score sits at or above the 8.4 median of this shortlist, across 3,198 reviews.

The trade-off

It is one of the more expensive options here: about $363 against a $243 median for this shortlist.

Location

The address is 18 West 40th Street, New York, NY 10018, United States.

Our data records the borough as Manhattan without a confirmed neighborhood, so we do not name one.

In a straight line it is about 0.3 miles from Grand Central, 0.3 miles from the Empire State Building, 0.4 miles from Times Square.

Those are straight-line distances between coordinates, not walking routes, so treat them as a way to compare properties rather than as a travel time.

Streets and transit around Park Terrace Hotel5th Avenue42nd Street-Bryant ParkTimes Square-42nd Street34th Street-Herald SquareGrand CentralTimes SquarePark Avenue TunnelMadison AvenueEast 45th StreetEast 37th StreetWest 45th StreetLexington AvenueWest 37th StreetEast 36th Street7th AvenueWest 36th StreetWest 38th StreetEast 44th StreetThis hotel500 feetN
Streets and subway stops around the property, drawn to scale from OpenStreetMap. Distances are straight lines, not walking routes.

The honest comparison

Right for you or not

Book it if
  • travellers with a dog, once the current policy is confirmed with the hotel
  • anyone who wants a long review history rather than a small sample
Look elsewhere if
  • It is one of the more expensive options here: about $363 against a $243 median for this shortlist.
  • A pool is part of your requirement: this property does not list one.
  • Budget is the binding constraint: cheaper options with comparable review records exist in Manhattan.

What the listing records

Facilities in the source listing

Recorded without a verification flag.

  • Spa
  • Fitness room
  • Bar
  • Restaurant
  • Terrace
  • Free wifi
  • Children welcome

Recorded but not verified by us. These flags most often move a booking decision, so confirm them with the hotel before they decide yours.

  • Pet-friendly

Related routes

Compare with other stays

Compare the whole areaNeighborhoodCompare the whole areaManhattanNYC Hotels With a Terrace or RooftopShortlistNYC Hotels With a Terrace or RooftopWhere this hotel also appearsPet-Friendly Hotels in New York CityShortlistPet-Friendly Hotels in New York CityWhere this hotel also appears

FAQ

Common questions

Is Park Terrace Hotel a good choice?

It depends on the trip. On our weighted review measure it ranks 38 of 279 in Manhattan. The main trade-off is that it is one of the more expensive options here: about $363 against a $243 median for this shortlist.

What does it cost?

About $363 a night in our August 2026 snapshot, which is a reference point rather than a bookable rate.

Are the listed facilities confirmed?

Not by us. The source listing recorded pet-friendly at the time of the snapshot. Confirm anything that would decide your booking directly with the hotel.