RealtyLens
for saleRealtyLens property overview
$930,000

51 Canal St Unit 5

Manhattan, NY, 10002
View more Manhattan, NY property pages
2Beds
1Baths
724Sqft
$1285$/sqft

Market Insights

Above nearby median+20%

$1285/sqft vs a nearby median of $1075/sqft.

Nearby median$1075/sqft
Nearby properties8
Property size724 sqft
  • +20% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 724 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$825k$751k$899k · 50% confidence
vs ask $930k+$105k (+11.3%)

Asking price is about 11.3% above where comps + adjustments land — there is room to negotiate.

$1,075/sqft median across 7 tight comps × 724 sqft= $778k
  • Transit access+$31k +4.0%
  • Pre-war character+$19k +2.5%
  • Days-on-market gravity−$4k −0.5%
Cumulative NYC adjustments+$47k+6.0%

Property Read

FreshnessCurrent market data

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

Market Position+20% 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 Read2 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
63 days
Last price change
No change recorded
Listed
Mar 11, 2026
Photos
17 photos
Property type
condos
Status
for sale

Photos

Building Facts

Year built
1941
Stories
6
Total units
47
Residential units
41
Building area
25,132 sqft
Lot size
6,769 sqft
Land use
Mixed residential and commercial buildings
Building class
RM

From NYC public records where available.

Price History

May 4, 2026Initial record
$930,000for 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.