Park Terrace Hotel, New York | Member Rates

Name: Park Terrace Hotel
Address: 18 West 40th Street, New York, NY 10018
Rating: 9.6

Park Terrace Hotel, New York | Member Rates | Dyme

WiFi availableFree WiFiParkingPrivate parkingAccessible parkingParking garage

Check-in / Check-out

From 03:00 PM · Until 12:00 PM

Classification

4-Star Hotel

Amenities

Fitness facilities, WiFi available, Free WiFi, Parking, Non-smoking rooms, Air conditioning

Location

New York, us

Walkability

Walk

Bike

Luxurious Accommodations in the Heart of Midtown Manhattan

Prime Location: Situated steps away from Bryant Park and the New York Public Library, Park Terrace Hotel offers easy access to iconic landmarks like the Empire State Building and Grand Central Terminal.

Upscale Amenities: Enjoy soundproofed rooms with modern features including a flat-screen TV with Netflix, Nespresso® machine, and a private bathroom stocked with MALIN + GOETZ® amenities. Opt for select rooms with stunning views of Bryant Park.

Wellness and Convenience: Unwind in the sauna, stay active in the fitness room with Peloton® bikes, and take advantage of 24-hour services including the front desk, shared lounge, and business centre.

Experience the epitome of luxury and convenience at Park Terrace Hotel. Book now for an unforgettable stay in Midtown Manhattan.

Neighbourhood

What’s Nearby

Grand Central Terminal

7 min walk

An iconic Beaux-Arts landmark and major transportation hub, renowned for its stunning architecture and bustling Main Concourse.

4.7

42 St–Bryant Park (B/D/F/M/7)

1 min walk

A conveniently located subway station providing access to multiple subway lines, directly adjacent to Bryant Park.

4.3

Shake Shack Herald Square

9 min walk

A popular fast-casual spot known for its delicious burgers, crinkle-cut fries, and milkshakes.

4.3

Joe Allen Restaurant

12 min walk

A classic Theater District eatery, famous for its Broadway memorabilia and traditional American fare.

4.4

Los Tacos No. 1 (Times Square)

9 min walk

A highly-rated taco stand offering authentic and flavorful Mexican street tacos in a bustling setting.

4.7

Bryant Park

1 min walk

A beloved urban oasis offering a spacious lawn, seasonal activities like ice skating, and various free programs.

4.7

New York Public Library, Stephen A. Schwarzman Building

2 min walk

An iconic Beaux-Arts landmark featuring impressive architecture, grand reading rooms, and a vast collection of books.

4.8

Times Square

8 min walk

The vibrant 'Crossroads of the World,' famous for its dazzling billboards, Broadway theaters, and constant energy.

4.6

Top of the Rock Observation Deck

12 min walk

Offers breathtaking 360-degree panoramic views of the New York City skyline, including the Empire State Building and Central Park.

4.7

St. Patrick's Cathedral

15 min walk

A magnificent Neo-Gothic Roman Catholic cathedral, a prominent landmark on Fifth Avenue known for its stunning architecture and stained glass.

4.7

Macy's Herald Square

9 min walk

One of the world's largest department stores, offering a vast selection of fashion, home goods, and more across multiple floors.

4.3

Kinokuniya New York

1 min walk

A large Japanese bookstore directly across from Bryant Park, featuring a wide array of Japanese and English books, manga, stationery, and a cafe.

4.6

Accommodations

Rooms & Suites

Check-in

Check-out

Guests

Loading rooms and rates...

Guest Reviews

What Guests Say

9.6

Exceptional

3,867 reviews

Highlights

+World class service
+Great location
+Comfortable accommodations
+Helpful and friendly staff

Could Improve

–Elevators could be slow
–Room space could be more generous

Cleanliness9.8

The cleanliness of the hotel was outstanding—everything felt fresh, well cared for, and impeccably maintained.

Service10.0

World class service led by Arielle at the front desk. Staff members like Miguel, Arlette, and Yovanni provided exceptional hospitality.

Location10.0

Perfect location for Bryant Park/Midtown, which was consistently praised in reviews.

Room Quality9.3

Room was extremely well designed, spacious, and modern, although some mentioned a slight lack of space.

Amenities9.3

Facilities were spacious and clean, including a members bar offering a peaceful break from the city.

Value for Money9.3

Standard quality for this hotel tier.

Food and Beverage9.3

Standard quality for this hotel tier.

Overall Experience9.9

The Park Terrace Hotel is incredible and highly recommended for a fantastic stay.

wwchiang1990

Solo Travel · Jun 2026

Bryant Park

Liked:Super clean and modern on first impression. Right next to Bryant park. Location is great. I arrived early, Miguel was very nice to let me check in early - such a bonus after an early morning flight.

via tripadvisor

elisabethvL6974LH

Business · Jun 2026

A friendly NYC welcome in the best location

Liked:The Park Terrace Hotel has been a repeat location for me and my team when we were in town for meetings. The location can’t be beat close to Bryant Park and Grand Central. The rooms are a decent size for the city and the terrace is a cute spot after a long day. This visit stood out being greeted by Miguel and Cailin at check in. Usually check in is pretty quick but Miguel took the extra step to ask how to make my experience more comfortable and those little asks go a long way. Cailin was super friendly and warm smile erasing those NYC-grumpy stereotypes. It’s a no brainer where I’ll be staying on my next trip: Park Terrace Hotel.

via tripadvisor

Urjit

Couples · Jun 2026

Excellent stay

Liked:The hotel is centrally located – right across Bryant Park. The staff is friendly and kind. The rooms are well sized, clean, organized, and well appointed. We have stayed here many times and we will be back.

via tripadvisor

Graetzer

Couple · Jun 2026

Disliked:You pay extra for deluxe high floor room and you recibe small room in 7th floor with no view.

via Nuitee

FAQs

Common Questions

Check-in is from 03:00 PM and check-out is by 12:00 PM. Early check-in and late check-out may be available upon request.

Yes, the hotel offers spa, fitness center for guests.

Yes, parking is available. Contact the hotel directly for current rates.

Yes, complimentary Wi-Fi is available throughout the hotel.

Yes, the hotel has an on-site restaurant for guests.

The nearest station is Grand Central Terminal, 7 min walk from the hotel.

No promo codes needed. As a Dyme member, you automatically receive wholesale pricing up to 35% below public rates.

Sustainability

Travel That Gives Back

Every booking through Dyme directly funds clean energy infrastructure.

5,910 tons

CO₂ Avoided Annually

~271,000

Equivalent Mature Trees Per Year

15 Central Parks

Of Mature Trees Equivalent

Sustainability at Park Terrace Hotel

LowHigh

Medium Carbon

Emissions estimates are calculated using the local electricity grid carbon intensity for the hotel’s region, sourced from the U.S. EPA eGRID database (for U.S. properties) and Electricity Maps (for international properties). All sustainability information is derived from publicly available data sources, including hotel websites and certification bodies, and may not reflect the hotel’s actual energy usage or specific sustainability measures. Figures are approximate and provided for indicative purposes only.

Location

How to Find Us

18 West 40th Street

New York · us

Policies

Good to Know

Check-in & Check-out

Check-in from 03:00 PM. Check-out by 12:00 PM. Early check-in and late checkout may be available upon request.

Cancellation

Cancellation terms vary by rate. Flexible rates allow free cancellation up to 24–48 hours before arrival. Non-refundable rates cannot be canceled or modified.

Payment

All prices are all-inclusive with taxes and fees. A valid credit card is required at check-in. No additional resort or service fees will apply.

Important Information

Guests are required to show a photo ID and credit card upon check-in. Please note that all Special Requests are subject to availability and additional charges may apply. Please inform of your expected arrival time in advance. You can use the Special Requests box when booking, or contact the property directly using the contact details in your confirmation. A deposit may be required at the property.

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