The listing facts are current enough for an initial property review.
for saleRealtyLens property overview
$1,200,000
400 W 38th St Unit 2BN
Manhattan, NY, 10018
View more Manhattan, NY property pages1Beds
1Baths
617Sqft
$1945$/sqft
Market Insights
Near nearby median-4.0%
$1945/sqft vs a nearby median of $2026/sqft.
Nearby median$2026/sqft
Nearby properties12
Property size617 sqft
- -4.0% versus the nearby median price per square foot.
- Price history is limited, so current comps matter more than trend alone.
- 617 sqft creates a usable price-per-square-foot read.
Pricing Read
Yardstick fair value$1.35M$1.27M – $1.43M · 82% confidence
vs ask $1.20M−$150k (−12.5%)
Asking price is about 12.5% below the fair value — likely to draw competing offers if it's still on market.
$2,104/sqft median across 9 tight comps × 617 sqft= $1.30M
- Transit access+$32k +2.5%
- High-density walkability+$26k +2.0%
- AI-generated marketing photos−$26k −2.0%
- Modern construction+$19k +1.5%
Cumulative NYC adjustments+$52k+4.0%
Property Read
The property is close to nearby price-per-square-foot levels, so the decision will likely come down to condition and layout.
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
- 35 days
- Last price change
- No change recorded
- Listed
- Apr 7, 2026
- Photos
- 13 photos
- Property type
- condos
- Status
- for sale
Photos
Building Facts
- Year built
- 2024
- Stories
- 12
- Total units
- 65
- Residential units
- 63
- Building area
- 1.59 ac
- Lot size
- 7,922 sqft
- Land use
- Mixed residential and commercial buildings
- Building class
- D7
From NYC public records where available.
Price History
May 4, 2026Initial record
$1,200,000for sale