ACTIVERealtyLens property overview
$7,500,000
$1609/sqft531 First Street
New York, NY
More in New York, NY7bd
4ba
4,660sqft
Comps
Analysis
RealtyLens bid read$5.31MTarget range $4.83M – $5.79M · 50% comp confidence
vs ask $7.50M+$2.19M (+29.2%)
Asking price is about 29.2% above where comps + adjustments land — there is room to negotiate.
$1,151/sqft median from 11 of 22 nearby comps × 4,660 sqft= $5.36M
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−$54k −1.0%
Evidence adjustments−$54k−1.0%