RealtyLens
for saleRealtyLens property overview
$475,000

245 W 115th St Apt 16

Manhattan, NY, 10026
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1Beds
1Baths
400Sqft
$1188$/sqft

Listing Notes

Welcome to this extremely bright 1 bedroom condo in South Harlem near to restaurants, bars, and cafes. Unit 16 has two windows and two exposures (North and East) in the bedroom allowing for a ton of natural light. The kitchen, complete with stainless steel appliances, is open to the living space with a large window allowing in even more natural light. The updated bathroom is also windowed. 245 West 115th Street is around the corner from the B, C subway and a short distance to the 2, 3 subway which makes commuting easy to anywhere in the city. The building has a laundry room and bike storage as well as a common courtyard for residents to enjoy. Additional outdoor space can be found a few blocks away at Central Park or Morningside Park. Columbia University is also very nearby. There is currently a tenant in place who is open to renewing their lease, if an investor is interested.

Market Insights

Above nearby median+28%

$1188/sqft vs a nearby median of $930/sqft.

Nearby median$930/sqft
Nearby properties12
Property size400 sqft
  • +28% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 400 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$392k$354k$430k · 42% confidence
vs ask $475k+$83k (+17.5%)

Asking price is about 17.5% above where comps + adjustments land — there is room to negotiate.

$930/sqft median across 4 tight comps × 400 sqft= $372k
  • Transit access+$15k +4.0%
  • Pre-war character+$9k +2.5%
  • Virtually staged−$4k −1.0%
Cumulative NYC adjustments+$20k+5.5%

Property Read

FreshnessCurrent market data

The listing facts are current enough for an initial property review.

Market Position+28% vs nearby

The property is priced above the nearby median per square foot, so condition, building quality, and exact location need to justify the higher ask.

Price MovementInitial price point

Price history is still limited; review again as more market activity becomes available.

Diligence Read3 items to check
AI ReadinessReady to analyze
Assistant read

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Generated from the facts shown on this page and nearby market data. Not a professional appraisal.

Listing Details

Days on market
20 days
Last price change
No change recorded
Listed
Apr 22, 2026
Photos
11 photos
Property type
condos
Status
for sale
Last sold
Jun 15, 2022 · $441,000

Features & Amenities

Rental PropertyDen

Photos

Building Facts

Year built
1900
Stories
5
Total units
21
Residential units
20
Building area
8,233 sqft
Lot size
2,523 sqft
Land use
Mixed residential and commercial buildings
Building class
RM

From NYC public records where available.

Price History

May 4, 2026Initial record
$475,000for sale

You can also find this listing on StreetEasy.

Listing data sourced from streeteasy.com. RealtyLens enriches and contextualises it for you, but the original listing lives on the source.