What is AI property analysis?

AI property analysis uses artificial intelligence to evaluate a property's condition, layout, and features from a walkthrough video. RealtyLens processes the video through a 5-step AI pipeline to generate floor plans, room-by-room condition scores (1-10 scale), issue detection with repair cost estimates, and MLS-ready listing copy — all in under 5 minutes.

How does RealtyLens generate floor plans from video?

RealtyLens analyzes your walkthrough video to detect room transitions, doorways, and spatial relationships. The AI maps room adjacencies and connection types to generate an accurate spatial floor plan — no measuring tape or special equipment needed.

How accurate are the AI condition scores?

RealtyLens provides granular 1-10 condition ratings for every room, assessing walls, floors, ceilings, and fixtures individually. The AI detects cracks, water damage, wear patterns, and other issues with severity levels. While not a replacement for a licensed home inspection, these scores give agents a reliable preliminary assessment for listing preparation.

How long does a property analysis take?

The average analysis takes about 5 minutes from upload to complete report. You record a walkthrough video (typically 3-5 minutes), upload it to RealtyLens (1 minute), and the AI generates everything in approximately 3 minutes.

What does the AI property report include?

A RealtyLens report includes: AI-generated spatial floor plans, room-by-room condition scores (1-10 scale), feature detection (fixtures, appliances, finishes), issue tracking with severity levels and repair cost estimates, natural light assessment, MLS-ready listing copy with headline and highlights, value estimates, and target buyer profiles.

Can RealtyLens replace a home inspection?

RealtyLens is designed to complement — not replace — a licensed home inspection. It gives real estate agents a fast, detailed preliminary assessment for listing preparation, pricing strategy, and client conversations. For formal transactions, a licensed inspector should still be engaged for structural, electrical, and plumbing evaluations.

RealtyLens

for saleRealtyLens property overview

$423,750

305 E 40th St Apt 3X

New York, NY, 10016

View more New York, NY property pages

StudioBeds

1Baths

475Sqft

$892$/sqft

Comps

Listing Notes

Why rent when you can own for less? Thoughtfully laid out and ideally located, this home offers an excellent opportunity to own in Manhattan at a compelling value with low maintenance fees. Features include a smart, efficient floor plan with an oversized kitchen and new dishwasher, defined living and sleeping areas, a walk-in closet, and additional storage. Located in the heart of Murray Hill / Midtown East, the Hamilton is just moments from Grand Central Terminal and the East River Greenway, with easy access to restaurants, shopping, and everyday conveniences. A rare chance to enjoy comfort, convenience, and affordability in one of Manhattans most connected neighborhoods. Great for students and commuters alike, the Hamilton offers amenities, including a doorman, garage, roof deck, bike room, and new laundry facilities. Pied-a-Terre, gifting, subletting, and co-purchasing permitted.

Market Insights

Near nearby median+3.5%

$892/sqft vs a nearby median of $862/sqft.

Nearby median$862/sqft

Nearby properties24

Property size475 sqft

+3.5% versus the nearby median price per square foot.
Price history is limited, so current comps matter more than trend alone.
475 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$400k$368k – $432k · 59% confidence

vs ask $424k+$24k (+5.7%)

Asking price is about 5.7% above where comps + adjustments land — there is room to negotiate.

$873/sqft median across 3 tight comps × 475 sqft= $415k

Open Class C HPD violations−$19k −4.5%
Transit access+$10k +2.5%
Mid-century building era−$6k −1.5%

Cumulative NYC adjustments−$15k−3.5%

Property Read

FreshnessCurrent market data

The listing facts are current enough for an initial property review.

Market Position+3.5% vs nearby

The property is close to nearby price-per-square-foot levels, so the decision will likely come down to condition and layout.

Price MovementInitial price point

Price history is still limited; review again as more market activity becomes available.

Diligence Read2 items to check

AI ReadinessReady to analyze

Assistant read

Generate a buyer-agent read of this listing — pricing, risks, comp check, and negotiation leverage. Takes a few seconds.

Generated from the facts shown on this page and nearby market data. Not a professional appraisal.

Listing Details

Days on market: 18 days
Last price change: No change recorded
Listed: Apr 24, 2026
Photos: 12 photos
Property type: coop
Status: for sale
Last sold: Dec 21, 2016 · $410,000

Features & Amenities

Outdoor SpaceTwo Or More StoriesGarage 1 Or MoreFloor PlanRental PropertyEfficientWalk In ClosetDenShopping

Photos

Building Facts

Year built: 1963
Stories: 21
Total units: 361
Residential units: 359
Building area: 9.05 ac
Lot size: 28,325 sqft
Land use: Multi-family elevator buildings
Building class: D4

From NYC public records where available.

Price History

May 13, 2026Initial record

$423,750for sale

Public Records

DOB violations5 open

54 total recorded against the building

HPD violations5 open

3 class C (immediately hazardous)

ACRIS documents496

Tax-lot deed, mortgage, and transfer records on file

311 calls (12 mo)21,025

Top: noise - residential

Top complaint types in ZIP 10016

Noise - Residential3,107
Encampment1,868
Noise - Helicopter1,537
Illegal Parking1,391
Homeless Person Assistance1,095

Recent DOB

Jul 19, 2021V*-DOB VIOLATION - Resolved · E-ELEVATOR ELEVATORREQUIRED
Jul 19, 2021V*-DOB VIOLATION - Resolved · E-ELEVATOR ELEVATORREQUIRED
Jul 19, 2021V*-DOB VIOLATION - Resolved · E-ELEVATOR ELEVATORREQUIRED
Jul 19, 2021V*-DOB VIOLATION - Resolved · E-ELEVATOR ELEVATORREQUIRED

Recent HPD

Jun 5, 2025Class A · § 27-2046.1 HMC: POST A PROPER NOTICE OF CARBON MONOXIDE DETECTING DEVICE REQUIREMENTS, IN A FORM APPROVED BY THE COMMISSIONER, IN A COMMON AREA OF A CLASS A MULTIPLE DWELLING N...
Jun 5, 2025Class A · § 26-1103 ADMIN. CODE: POST AND MAINTAIN A PROPER NOTICE ON WALL OF THE ENTRANCE STORY IN ENGLISH AND SPANISH ON THE AVAILABILITY OF THE AGENCY S HOUSING INFORMATION GUIDE. A SA...
Jun 5, 2025Class A · § 329, M/D LAW AND DEPT. RULES AND REGS. PROVIDE A COMPLETED CERTIFICATE OF INSPECTION VISITS IN A PROPER FRAME AT OR NEAR MAILBOXES, BOTTOM EDGE OF FRAME BETWEEN 48-62 INCHES A...
Jun 5, 2025Class A · § 27-2045 ADM CODE POST A PROPER NOTICE OF SMOKE DETECTOR REQUIREMENTS, IN A FORM APPROVED BY THE COMMISSIONER, AT OR NEAR THE MAIL BOX MISSING AT PUBLIC HALL, 1st STORY

Sourced from NYC Open Data (DOB, HPD, ACRIS). Updated as the city republishes — check the original source for live status.