RealtyLens
for saleRealtyLens property overview
$5,500,000

400 W 38th St Unit Phbn

Manhattan, NY, 10018
View more Manhattan, NY property pages
3Beds
3.5Baths
1,911Sqft
$2878$/sqft

Market Insights

Above nearby median+67%

$2878/sqft vs a nearby median of $1728/sqft.

Nearby median$1728/sqft
Nearby properties11
Property size1,911 sqft
  • +67% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 1,911 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$3.43M$3.13M$3.74M · 50% confidence
vs ask $5.50M+$2.07M (+37.6%)

Asking price is about 37.6% above where comps + adjustments land — there is room to negotiate.

$1,728/sqft median across 10 tight comps × 1,911 sqft= $3.30M
  • Transit access+$83k +2.5%
  • High-density walkability+$66k +2.0%
  • AI-generated marketing photos−$66k −2.0%
  • Modern construction+$50k +1.5%
Cumulative NYC adjustments+$132k+4.0%

Property Read

FreshnessCurrent market data

The listing facts are current enough for an initial property review.

Market Position+67% 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 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

Generate a buyer-agent read of this listing — pricing, risks, comp check, and negotiation leverage. Takes a few seconds.

Generated from the facts shown on this page and nearby market data. Not a professional appraisal.

Listing Details

Days on market
32 days
Last price change
No change recorded
Listed
Apr 10, 2026
Photos
15 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
$5,500,000for 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.

400 W 38th St Unit Phbn, Manhattan, NY, 10018 | RealtyLens