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for saleRealtyLens property overview
$580,000
71-24 163rd St Unit 5A
Fresh Meadows, NY, 11365
View more Fresh Meadows, NY property pages3Beds
2Baths
1,048Sqft
$553$/sqft
Market Insights
Below nearby median-23%
$553/sqft vs a nearby median of $715/sqft.
Nearby median$715/sqft
Nearby properties12
Property size1,048 sqft
- -23% versus the nearby median price per square foot.
- 15 price records are available for this property.
- 1,048 sqft creates a usable price-per-square-foot read.
Pricing Read
Yardstick fair value$704k$641k – $767k · 50% confidence
vs ask $580k−$124k (−21.4%)
Asking price is about 21.4% below the fair value — likely to draw competing offers if it's still on market.
$715/sqft median across 12 tight comps × 1,048 sqft= $749k
- Transit access−$22k −3.0%
- Days-on-market gravity−$22k −3.0%
Cumulative NYC adjustments−$45k−6.0%
Property Read
The asking price per square foot is below the nearby median, which can be worth a closer comp check.
Recorded price cuts can create room for negotiation, but the latest ask still needs to be compared against true comps.
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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
- 344 days
- Last price change
- Up $577,400 (22208%)
- Listed
- Jun 2, 2025
- Photos
- 26 photos
- Property type
- condos
- Status
- for sale
Photos
Price History
May 7, 2026diff
$580,000for sale
May 6, 2026diff
$2,600for rent
May 6, 2026diff
$580,000for sale
May 6, 2026diff
$2,600for rent
May 6, 2026diff
$580,000for sale
May 6, 2026diff
$2,600for rent
May 5, 2026diff
$580,000for sale
May 5, 2026diff
$2,600for rent