The listing facts are current enough for an initial property review.
for saleRealtyLens property overview
$1,950,000
400 W 38th St Unit 5DN
Manhattan, NY, 10018
View more Manhattan, NY property pages2Beds
2Baths
866Sqft
$2252$/sqft
Market Insights
Near nearby median+4.5%
$2252/sqft vs a nearby median of $2155/sqft.
Nearby median$2155/sqft
Nearby properties12
Property size866 sqft
- +4.5% versus the nearby median price per square foot.
- Price history is limited, so current comps matter more than trend alone.
- 866 sqft creates a usable price-per-square-foot read.
Pricing Read
Yardstick fair value$2.01M$1.90M – $2.12M · 86% confidence
vs ask $1.95M−$61k (−3.1%)
Asking price is about 3.1% below the fair value — likely to draw competing offers if it's still on market.
$2,191/sqft median across 6 tight comps × 866 sqft= $1.90M
- Transit access+$47k +2.5%
- High-density walkability+$38k +2.0%
- Modern construction+$28k +1.5%
Cumulative NYC adjustments+$114k+6.0%
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.
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Listing Details
- Days on market
- 33 days
- Last price change
- No change recorded
- Listed
- Apr 9, 2026
- Photos
- 9 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
$1,950,000for sale