RealtyLens
for saleRealtyLens property overview
$1,575,000

501 Third Ave Unit 29B

New York, NY, 10016
View more New York, NY property pages
1Beds
1Baths
723Sqft
$2178$/sqft

Market Insights

Above nearby median+58%

$2178/sqft vs a nearby median of $1375/sqft.

Nearby median$1375/sqft
Nearby properties12
Property size723 sqft
  • +58% versus the nearby median price per square foot.
  • 2 price records are available for this property.
  • 723 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$977k$881k$1.07M · 42% confidence
vs ask $1.57M+$598k (+38.0%)

Asking price is about 38.0% above where comps + adjustments land — there is room to negotiate.

$1,275/sqft median across 5 tight comps × 723 sqft= $922k
  • Transit access+$23k +2.5%
  • High-density walkability+$18k +2.0%
  • Modern construction+$14k +1.5%
Cumulative NYC adjustments+$55k+6.0%

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 MovementNo cuts recorded

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
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
24 days
Last price change
No change recorded
Listed
Apr 18, 2026
Photos
17 photos
Property type
condos
Status
for sale

Photos

Building Facts

Year built
2020
Stories
31
Total units
145
Residential units
144
Building area
2.42 ac
Lot size
5,604 sqft
Land use
Mixed residential and commercial buildings
Building class
RM

From NYC public records where available.

Price History

May 4, 2026Initial record
$1,575,000for sale
May 4, 2026diff
$1,575,000for sale

Public Records

DOB violations0 open

4 total recorded against the building

HPD violations0 open

0 total recorded

ACRIS documents0

Tax-lot deed, mortgage, and transfer records on file

311 calls (12 mo)21,008

Top: noise - residential

Top complaint types in ZIP 10016

  • Noise - Residential3,095
  • Encampment1,860
  • Noise - Helicopter1,535
  • Illegal Parking1,393
  • Homeless Person Assistance1,092

Recent DOB

  • Dec 23, 2020V*-DOB VIOLATION - DISMISSED · AEUHAZ1-FAIL TO CERTIFY CLASS 1 NONE
  • Dec 23, 2020V*-DOB VIOLATION - DISMISSED · AEUHAZ1-FAIL TO CERTIFY CLASS 1 NONE
  • Dec 23, 2020V*-DOB VIOLATION - DISMISSED · AEUHAZ1-FAIL TO CERTIFY CLASS 1 NONE
  • Dec 23, 2020V*-DOB VIOLATION - DISMISSED · AEUHAZ1-FAIL TO CERTIFY CLASS 1 NONE

Sourced from NYC Open Data (DOB, HPD, ACRIS). Updated as the city republishes — check the original source for live status.

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.