RealtyLens
for saleRealtyLens property overview
$20,750,000

48 W 85th St

Manhattan, NY, 10024
View more Manhattan, NY property pages
6Beds
6Baths
8,000Sqft
$2594$/sqft

Market Insights

Below nearby median-18%

$2594/sqft vs a nearby median of $3161/sqft.

Nearby median$3161/sqft
Nearby properties12
Property size8,000 sqft
  • -18% 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$20M$25M · 25% confidence
vs ask $21M−$1.76M (−8.5%)

Asking price is about 8.5% below the fair value — likely to draw competing offers if it's still on market.

$2,719/sqft median across 3 tight comps × 8,000 sqft= $22M
  • Transit access+$870k +4.0%
  • Days-on-market gravity−$653k −3.0%
  • Pre-war character+$544k +2.5%
Cumulative NYC adjustments+$761k+3.5%

Property Read

FreshnessVerification recommended

The page is useful for research, but the status and price should be verified before acting.

Market Position-18% vs nearby

The asking price per square foot is below the nearby median, which can be worth a closer comp check.

Price MovementInitial price point

Price history is still limited; review again as more market activity becomes available.

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
147 days
Last price change
No change recorded
Listed
Dec 16, 2025
Photos
25 photos
Property type
single family
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
$20,750,000for 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.