160 Chambers St APT 4
This analysis was generated on 4/14/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.
AI Property Analysis
0:00Property Overview
Current Price
$2,200,000
Fair Range
$1,800,000 - $1,950,000
Negotiation Leverage
5 points to consider in your offer
Recommended Offer
AI Rationale
The offer reflects market conditions, needed repairs, and seller motivation. The unique property and buyer's market balance the probability.
Visual Insights
AI-analyzed spaces with reimagining capabilities
Outdated Kitchen
The kitchen cabinets are outdated and the appliances are mismatched. The layout is also not optimal.
Old Windows
The windows appear to be old and single-pane, leading to energy inefficiency and potential drafts.
Dated Fireplace
The fireplace has a dated brick surround and appears to be non-functional.
Discolored Brick Wall
The exposed brick wall has some areas of discoloration and could benefit from cleaning and sealing.
Rooftop Deck Condition
The rooftop deck appears to have some standing water and could benefit from cleaning and resurfacing.
Renovation Assessment
Prioritized renovations based on property inspection and market impact.
High Priority Renovations
Kitchen Renovation
Note: these are rough estimates. For more accurate estimates, please contact a professional.
Pricing History
Historical pricing trends for this property
Monthly Costs
Interactive breakdown of estimated monthly expenses
Upfront Transaction Costs
Estimated costs due at closing, including down payment and fees
* Estimated costs based on typical rates. Actual costs may vary by location, lender, and transaction details.
** Buyer agent fees are negotiable and may sometimes be covered by the seller.
Buyer Power Index
Price Trajectory
Historical Market Pulse
Key metrics over time, revealing market momentum and patterns
Negotiation Insight
Days on market increasing 106.3% over the past 3 months suggests growing buyer leverage.
Subject Property
Stats in the Area
Based on 6 comparable properties nearby
Average Price
$4,702,250
Your price is 53.2% below average
Median Price
$4,365,000
Based on 6 recent sales
Price per Sq.Ft
$2,331
Your price is 57.1% below average $/sqft
Comparable Properties
| Address | Price | Sq.Ft | Beds | Baths | $/Sq.Ft | Sale Date |
|---|---|---|---|---|---|---|
| 74 Warren Street #3W, New York City, NY 10007 | $2,903,500 | 2,071 | 2 | 2 | $1,40240.2% | 11/5/2024 |
| 43 WOOSTER Street #2E, NewYorkCity, NY 10013 | $3,850,000 | 1,948 | 2 | 2 | $1,97697.6% | 10/19/2024 |
| 70 VESTRY Street #5C, New York City, NY 10013 | $8,600,000 | 1,906 | 2 | 3 | $4,512351.2% | 3/3/2025 |
| 39 WHITE Street #3, New York City, NY 10013 | $3,400,000 | 2,000 | 3 | 3 | $1,70070.0% | 2/7/2025 |
| 195 Hudson Street #3A, New York City, NY 10013 | $4,365,000 | 2,311 | 2 | 3 | $1,88988.9% | 1/18/2025 |
| 450 WASHINGTON Street #1106, NewYorkCity, NY 10013 | $5,095,000 | 2,031 | 3 | 3 | $2,509150.9% | 1/25/2025 |
Schools
Details about nearby schools in this area
Neighborhood Mobility
How easily you can get around with or without a car
Walk Score®
Walker's Paradise
Score measures pedestrian-friendliness based on distances to amenities.
Scores are out of 100. Higher scores indicate better accessibility. Data provided by Walk Score®.
Climate Risks
Assessment of climate-related hazards for this property
Major Risk Profile
This property has 0 severe, 1 major, and 1 moderate risk factors
Climate risk data is based on historical patterns and projections. Consider consulting with insurance providers and local experts for property-specific assessments.
Sunlight Analysis
Data provided by Shadowmap
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Tour Checklist
Key items to inspect during your property tour
Inspect exposed brick walls closely for signs of water damage, efflorescence (white, powdery deposits), or crumbling brick.
Thoroughly inspect the rooftop deck for structural integrity, water damage, and proper drainage. Look for pooling water, rotting wood, or damaged membranes.
Inspect the ceilings and walls, especially around windows and skylights, for any signs of water stains, cracks, or discoloration.
Inspect the electrical panel for any signs of damage, such as corrosion, loose wiring, or overloaded circuits. Inquire about the last time the electrical system was inspected.
Operate all appliances in the kitchen (stove, oven, refrigerator, dishwasher) to ensure they are in good working order. Check for any signs of leaks or malfunctions.
Questions to Ask
Important questions to ask during the tour
Can you provide a detailed history of any known structural issues with the building, particularly related to the former firehouse use or the planned elevator installation?
What is the timeline and budget for the planned elevator installation, and what assessments have been done to ensure the building can support it?
What is the co-op's policy regarding special assessments, and have there been any recent or planned assessments for major repairs or capital improvements?
Given the building's age, have there been any lead paint or asbestos surveys conducted, and what measures have been taken to mitigate any potential hazards?
Given the bankruptcy sale, are there any known liens or encumbrances on the property beyond what has been disclosed, and what steps are being taken to ensure a clear title?
Has a professional inspection been completed recently? If so, can we review the report?
Showing critical items first. Click any item to see why it's important. Red icons indicate highest priority items that should not be missed.
Property Discussion
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