The listing facts are current enough for an initial property review.
for saleRealtyLens property overview
$49,000
2 E 55th St Unit 808W38
Manhattan, NY, 10022
View more Manhattan, NY property pagesStudioBeds
1Baths
445Sqft
$110$/sqft
Market Insights
Below nearby median-25%
$110/sqft vs a nearby median of $146/sqft.
Nearby median$146/sqft
Nearby properties5
Property size445 sqft
- -25% versus the nearby median price per square foot.
- Price history is limited, so current comps matter more than trend alone.
- 445 sqft creates a usable price-per-square-foot read.
Pricing Read
Yardstick fair value$69k$64k – $74k · 65% confidence
vs ask $49k−$20k (−40.8%)
Asking price is about 40.8% below the fair value — likely to draw competing offers if it's still on market.
$146/sqft median across 4 tight comps × 445 sqft= $65k
- Transit access+$3k +4.0%
- Pre-war character+$2k +2.5%
- Days-on-market gravity−$2k −3.0%
- High-density walkability+$1k +2.0%
Cumulative NYC adjustments+$4k+5.5%
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 Read2 items to check
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Listing Details
- Days on market
- 214 days
- Last price change
- No change recorded
- Listed
- Oct 11, 2025
- Photos
- 12 photos
- Property type
- condos
- Status
- for sale
Photos
Building Facts
- Year built
- 1904
- Stories
- 20
- Total units
- 48
- Building area
- 7.43 ac
- Lot size
- 22,544 sqft
- Land use
- Commercial and office buildings
- Building class
- RC
From NYC public records where available.
Price History
May 4, 2026Initial record
$49,000for sale