ACTIVERealtyLens property overview
$700,000
$824/sqft408 West 57th Street 7L
New York, NY
More in New York, NY1bd
1ba
850sqft
Comps
Analysis
RealtyLens bid read$1.07MTarget range $1.00M – $1.14M · 75% comp confidence
vs ask $700k−$373k (−53.3%)
Asking price is about 53.3% below the fair value — likely to draw competing offers if it's still on market.
$1,275/sqft median from 10 of 16 nearby comps × 850 sqft= $1.08M
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%