ACTIVERealtyLens property overview
$2,195,000
$2017/sqft16 West 40th Street 16B
New York, NY
More in New York, NY1bd
1ba
1,088sqft
Comps
Analysis
RealtyLens bid read$2.08MTarget range $1.96M – $2.20M · 83% comp confidence
vs ask $2.19M+$117k (+5.3%)
Asking price is about 5.3% above where comps + adjustments land — there is room to negotiate.
$1,930/sqft median from 10 of 20 nearby comps × 1,088 sqft= $2.10M
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−$21k −1.0%
Evidence adjustments−$21k−1.0%