ACTIVERealtyLens property overview
$15,750,000
$3783/sqft16 West 40th Street PHN
New York, NY
More in New York, NY4bd
4.5ba
4,163sqft
Comps
Analysis
RealtyLens bid read$17MTarget range $15M – $19M · 33% comp confidence
vs ask $16M−$1.53M (−9.7%)
Asking price is about 9.7% below the fair value — likely to draw competing offers if it's still on market.
$4,193/sqft median from 4 of 20 nearby comps × 4,163 sqft= $17M
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−$175k −1.0%
Evidence adjustments−$175k−1.0%