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for saleRealtyLens property overview
$395,000
24 Leonard St Unit GARAGEL2
Manhattan, NY, 10013
View more Manhattan, NY property pagesStudioBeds
N/ABaths
200Sqft
$1975$/sqft
Market Insights
Above nearby median+13%
$1975/sqft vs a nearby median of $1750/sqft.
Nearby median$1750/sqft
Nearby properties4
Property size200 sqft
- +13% versus the nearby median price per square foot.
- Price history is limited, so current comps matter more than trend alone.
- 200 sqft creates a usable price-per-square-foot read.
Pricing Read
Yardstick fair value$357k$316k – $398k · 25% confidence
vs ask $395k+$38k (+9.6%)
Asking price is about 9.6% above where comps + adjustments land — there is room to negotiate.
$1,750/sqft median across 3 tight comps × 200 sqft= $350k
- Transit access+$14k +4.0%
- Days-on-market gravity−$10k −3.0%
- Pre-war character+$9k +2.5%
- Visible condition issues−$5k −1.5%
Cumulative NYC adjustments+$7k+2.0%
Property Read
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 history is still limited; review again as more market activity becomes available.
Diligence Read2 items 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
- 622 days
- Last price change
- No change recorded
- Listed
- Aug 28, 2024
- Photos
- 4 photos
- Property type
- condos
- Status
- for sale
Building Facts
- Year built
- 1940
- Stories
- 9
- Total units
- 8
- Residential units
- 7
- Building area
- 41,518 sqft
- Lot size
- 9,983 sqft
- Land use
- Mixed residential and commercial buildings
- Building class
- RM
From NYC public records where available.
Price History
May 4, 2026Initial record
$395,000for sale