ACTIVERealtyLens property overview
$3,995,000
$1479/sqft501 Eighth Avenue 1
New York, NY
More in New York, NY4bd
3.5ba
2,701sqft
Comps
Analysis
RealtyLens bid read$1.55MTarget range $1.41M – $1.69M · 51% comp confidence
vs ask $4.00M+$2.45M (+61.3%)
Asking price is about 61.3% above where comps + adjustments land — there is room to negotiate.
$579/sqft median from 10 of 20 nearby comps × 2,701 sqft= $1.56M
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−$16k −1.0%
Evidence adjustments−$16k−1.0%