ACTIVERealtyLens property overview
$920,000
$1283/sqft547 West 47th Street 509
New York, NY
More in New York, NY1bd
1ba
717sqft
Comps
Analysis
RealtyLens bid read$1.07MTarget range $1.01M – $1.14M · 80% comp confidence
vs ask $920k−$155k (−16.8%)
Asking price is about 16.8% below the fair value — likely to draw competing offers if it's still on market.
$1,515/sqft median from 11 of 18 nearby comps × 717 sqft= $1.09M
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−$11k −1.0%
Evidence adjustments−$11k−1.0%