ACTIVERealtyLens property overview
$14,950,000
$3666/sqft16 West 40th Street PHS
New York, NY
More in New York, NY3bd
4ba
4,078sqft
Comps
Analysis
RealtyLens bid read$17MTarget range $15M – $19M · 32% comp confidence
vs ask $15M−$2.24M (−15.0%)
Asking price is about 15.0% below the fair value — likely to draw competing offers if it's still on market.
$4,257/sqft median from 2 of 2 nearby comps × 4,078 sqft= $17M
Bid uses comp pricing, nearby pending/sold pressure when available, listing history, and public-record risk. Broad lifestyle heuristics are not allowed to move the number.
- Active supply overhang−$174k −1.0%
Evidence adjustments−$174k−1.0%