ACTIVERealtyLens property overview
$12,000,000
$3220/sqft16 5th Avenue 7
New York, NY
More in New York, NY3bd
4.5ba
3,727sqft
Comps
Analysis
RealtyLens bid read$9.48MTarget range $8.39M – $11M · 25% comp confidence
vs ask $12M+$2.52M (+21.0%)
Asking price is about 21.0% above where comps + adjustments land — there is room to negotiate.
$2,822/sqft median from 3 of 21 nearby comps × 3,727 sqft= $9.57M
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−$96k −1.0%
Evidence adjustments−$96k−1.0%