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for saleRealtyLens property overview
$21,750,000
48 W 85th St
New York, NY, 10024
View more New York, NY property pages6Beds
6Baths
8,000Sqft
$2719$/sqft
Market Insights
Below nearby median-6.1%
$2719/sqft vs a nearby median of $2896/sqft.
Nearby median$2896/sqft
Nearby properties12
Property size8,000 sqft
- -6.1% versus the nearby median price per square foot.
- Price history is limited, so current comps matter more than trend alone.
- 8,000 sqft creates a usable price-per-square-foot read.
Pricing Read
Yardstick fair value$23M$21M – $25M · 50% confidence
vs ask $22M−$796k (−3.7%)
Asking price is well-anchored to the comp picture (-3.7%). Negotiate on terms, not headline price.
$2,723/sqft median across 11 tight comps × 8,000 sqft= $22M
- Transit access+$871k +4.0%
- Days-on-market gravity−$654k −3.0%
- Pre-war character+$545k +2.5%
Cumulative NYC adjustments+$762k+3.5%
Property Read
The asking price per square foot is below the nearby median, which can be worth a closer comp check.
Price history is still limited; review again as more market activity becomes available.
Diligence Read1 item to check
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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
- 368 days
- Last price change
- No change recorded
- Listed
- May 9, 2025
- Photos
- 51 photos
- Property type
- townhomes
- Status
- for sale
Photos
Building Facts
- Year built
- 1887
- Stories
- 4
- Total units
- 2
- Residential units
- 2
- Building area
- 7,375 sqft
- Lot size
- 2,043 sqft
- Land use
- One and two family buildings
- Building class
- B1
From NYC public records where available.
Price History
May 4, 2026Initial record
$21,750,000for sale
Public Records
DOB violations2 open
13 total recorded against the building
HPD violations9 open
21 total recorded
ACRIS documents16
Tax-lot deed, mortgage, and transfer records on file
311 calls (12 mo)16,343
Top: illegal parking
Top complaint types in ZIP 10024
- Illegal Parking2,239
- HEAT/HOT WATER2,038
- Noise - Residential1,009
- Noise750
- Noise - Street/Sidewalk581
Recent DOB
- Sep 2, 2025V-DOB VIOLATION - ACTIVE · LANDMK-LANDMARK NONE
- Sep 2, 2025V-DOB VIOLATION - ACTIVE · LANDMK-LANDMARK NONE
- Sep 23, 2024V*-DOB VIOLATION - DISMISSED · LBLVIO-LOW PRESSURE BOILER BOILER REQUIRED
- Jun 30, 2023V*-DOB VIOLATION - DISMISSED · LBLVIO-LOW PRESSURE BOILER BOILER REQUIRED
Recent HPD
- Apr 29, 2026Class A · (A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR AS DESCRIBED ON HPD S WEBSITE, WWW.NYC.GOV\HPD, SEARCH BE...
- Nov 17, 2025Class I · §27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-2097 AND IS THEREFORE SUBJECT TO CIVIL PENALTIES, PROHIBITE...
- Jun 4, 2025Class A · (A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR AS DESCRIBED ON HPD S WEBSITE, WWW.NYC.GOV\HPD, SEARCH BE...
- Nov 22, 2024Class I · §27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-2097 AND IS THEREFORE SUBJECT TO CIVIL PENALTIES, PROHIBITE...
Recent Transfers (ACRIS)
- May 4, 2018DEED$9,000,000
Sourced from NYC Open Data (DOB, HPD, ACRIS). Updated as the city republishes — check the original source for live status.