RealtyLens
for saleRealtyLens property overview
$3,150,000

40 E 78th St Unit 5E

Manhattan, NY, 10075
View more Manhattan, NY property pages
2Beds
2Baths
1,300Sqft
$2423$/sqft

Market Insights

Above nearby median+58%

$2423/sqft vs a nearby median of $1534/sqft.

Nearby median$1534/sqft
Nearby properties12
Property size1,300 sqft
  • +58% versus the nearby median price per square foot.
  • 2 price records are available for this property.
  • 1,300 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$2.43M$2.19M$2.67M · 42% confidence
vs ask $3.15M+$720k (+22.9%)

Asking price is about 22.9% above where comps + adjustments land — there is room to negotiate.

$1,824/sqft median across 5 tight comps × 1,300 sqft= $2.37M
  • Transit access+$59k +2.5%
Cumulative NYC adjustments+$59k+2.5%

Property Read

FreshnessCurrent market data

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

Market Position+58% 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 Movement1 price cut

Recorded price cuts can create room for negotiation, but the latest ask still needs to be compared against true comps.

Diligence Read2 items to check
AI ReadinessReady to analyze
Assistant read

Generate a buyer-agent read of this listing — pricing, risks, comp check, and negotiation leverage. Takes a few seconds.

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

Listing Details

Days on market
21 days
Last price change
Down $100,000 (3.1%)
Listed
Apr 21, 2026
Photos
24 photos
Property type
condos
Status
for sale

Photos

Building Facts

Year built
1958
Stories
16
Total units
123
Residential units
111
Building area
4.43 ac
Lot size
17,265 sqft
Land use
Multi-family elevator buildings
Building class
R4

From NYC public records where available.

Price History

May 11, 2026diff
$3,150,000for sale
May 4, 2026Initial record
$3,250,000for 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.