The listing facts are current enough for an initial property review.
for saleRealtyLens property overview
$1,200,000
305 W 16th St Apt 4D
Manhattan, NY, 10011
View more Manhattan, NY property pages1Beds
1Baths
771Sqft
$1556$/sqft
Market Insights
Near nearby median-3.4%
$1556/sqft vs a nearby median of $1611/sqft.
Nearby median$1611/sqft
Nearby properties12
Property size771 sqft
- -3.4% versus the nearby median price per square foot.
- 3 price records are available for this property.
- 771 sqft creates a usable price-per-square-foot read.
Pricing Read
Yardstick fair value$1.34M$1.23M – $1.46M · 55% confidence
vs ask $1.20M−$142k (−11.8%)
Asking price is about 11.8% below the fair value — likely to draw competing offers if it's still on market.
$1,619/sqft median across 7 tight comps × 771 sqft= $1.25M
- Transit access+$50k +4.0%
- High-density walkability+$25k +2.0%
- Modern construction+$19k +1.5%
Cumulative NYC adjustments+$94k+7.5%
Property Read
The property is close to nearby price-per-square-foot levels, so the decision will likely come down to condition and layout.
The available price history has not shown a cut yet, so leverage may need to come from comps, condition, or days on market.
Diligence Read1 item to check
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Listing Details
- Days on market
- 40 days
- Last price change
- No change recorded
- Listed
- Apr 2, 2026
- Photos
- 8 photos
- Property type
- condos
- Status
- for sale
Photos
Building Facts
- Year built
- 2008
- Stories
- 7
- Total units
- 54
- Residential units
- 53
- Building area
- 1.66 ac
- Lot size
- 13,800 sqft
- Land use
- Mixed residential and commercial buildings
- Building class
- RM
From NYC public records where available.
Price History
May 7, 2026diff
$1,200,000for sale
May 7, 2026diff
$1,200,000for sale
May 4, 2026Initial record
$1,200,000for sale