ACTIVERealtyLens property overview
$6,500,000
$407/sqft1613 Mermaid Avenue MIXED USE
New York, NY
More in New York, NY45bd
16ba
15,986sqft
Comps
Analysis
RealtyLens bid read$4.94MTarget range $4.49M – $5.38M · 50% comp confidence
vs ask $6.50M+$1.56M (+24.0%)
Asking price is about 24.0% above where comps + adjustments land — there is room to negotiate.
$676/sqft median from 10 of 21 nearby comps × 15,986 sqft= $4.99M
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−$50k −1.0%
Evidence adjustments−$50k−1.0%