ACTIVERealtyLens property overview
$15,000,000
$6155/sqft685 5th Avenue PHB
New York, NY
More in New York, NY2bd
2.5ba
2,437sqft
Comps
Analysis
RealtyLens bid read$11MTarget range $9.64M – $12M · 25% comp confidence
vs ask $15M+$4.11M (+27.4%)
Asking price is about 27.4% above where comps + adjustments land — there is room to negotiate.
$5,609/sqft median from 3 of 24 nearby comps × 2,437 sqft= $11M
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−$110k −1.0%
Evidence adjustments−$110k−1.0%