401 W 37th St, Manhattan, NY 10018

1 bd · 1 ba · 626 sqft · built 2025 · Manhattan · CONDOS·source listing ↗

$1,199,950

$1,215,400 first listed

seller intel

Price cut

−1.3%

from $1,215,400

Motivation score

11/100

OnePercent model (vv1)$3,926/mo

p10–p90 confidence band

HUD Fair Market Rent · 10018 · 1BR$3,880/mo

Area comps median (last 90d)—

FMR from HUD SAFMR FY2026. Never a naked estimate.

County

New York

Flood risk indexRelatively Moderate FEMA NRI

Median household income$145,958

Median area rent$3,501/mo

Median home value$1,044,800

the verdict

0.33%vs 0.8% target

financing: 20% down · — (FRED, live) · 30yr

$1,199,950

0.33% · rent $3,926

Intrinsic value · income approach

$1,055,966

14% above intrinsic value

Value = net operating income ÷ market cap rate. Not investment advice.

Ten-year owner return

Equity multiple, per-year cash flow, and appreciation modeling are a Pro feature.