Frequently asked questions — NYC
NYC-specific answers about Prediqta — submarket coverage, accuracy, comparisons with StreetEasy, the office-to-residential calculator, and the AVM API for institutions.
Frequently asked questions
- Which NYC submarkets does Prediqta cover?
- All five boroughs: Manhattan, Brooklyn, Queens, Bronx, Staten Island. Accuracy is tightest in Manhattan and dense Brooklyn submarkets where transaction volume is highest.
- How does Prediqta NYC differ from StreetEasy's estimate?
- StreetEasy's estimate is listing-portal driven. Prediqta is trained on NYC transactions plus listings, with submarket-specific confidence bands and audit-grade logging suitable for downstream investment review.
- Is there a free NYC valuation?
- Yes — initial NYC valuations are free. Higher-volume use unlocks via credit packs or an enterprise plan.
- Does Prediqta handle co-ops, condos, and rentals?
- Co-ops and condos are supported as sale valuations. Building type is an input feature, with calibration per submarket. Rentals are on the roadmap.
- What about the office-to-residential calculator?
- A first-pass feasibility tool: estimates sellable residential area from a NYC office floor plate, suggests an indicative unit mix, and produces a per-unit pricing range.
- Is there a NYC AVM API for banks?
- Yes — the REST AVM API covers all NYC submarkets, with confidence bands and audit-grade logging.
- Which currencies and tax handling apply?
- NYC customers are billed in USD. Sales tax is added per New York state and city rules where applicable.
- Where can I see the model methodology?
- See /en/app/nyc/how-it-works/ for an architecture overview, training data sources, retrain cadence, and known limitations.