Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
242 E 38TH Street #5E
Active For Sale Co-op

$399,000

242 E 38TH Street #5E

Murray Hill, Manhattan

MLS® #RLS20050784

RLS at REBNY

Listing by Kleier Residential Inc

Studio

1

Bath

Sq. Ft.

1955

Year Built

Quick Summary

Bedrooms Studio
Bathrooms 1
Year Built 1955
Ownership Co-op
Maintenance $1,169/mo
Neighborhood Murray Hill
Floor 5 of 6

Property Highlights

  • Views: City
  • Exposure: East facing

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 2
Baths 1 Full
Floor 5 of 6
View City
Exposure East
Pets Yes
Year Built 1955
Structure Type HighRise
Basement Other
Parcel # 0918-0035-00242-000-000005E
Block/Lot 00918/0035

Description

HIGH FLOOR BRIGHT AND QUIET ALCOVE STUDIO

Covetable oversized alcove studio with sunny East exposures. The large, square shaped living room easily accommodates multiple living arrangements and is adjacent to a king-size sleeping alcove outfitted with CitiQuiet soundproof windows. Both the kitchen and renovated bath with adjacent dressing room are windowed. There are new stainless appliances in the kitchen and a dishwasher may be added with board approval.  The spa-like bath is outfitted with Roca tiles, Century Bathworks mirrored storage and Grohe fixtures including a rainfall head with hand wand. Additional niceties include high ceilings, Lutron dimmers, white oak hardwood floors, wonderful storage from two double wide closets and upgraded electric with a 60 amp 8-circuit panel.

Perfectly situated in the heart of Midtown, in the historic Murray Hill district, this intimate mid-century modern cooperative of 40 apartments has an elegant terrazzo stone lobby, dual entry video intercom security, live-in superintendent who accepts packages, central laundry, bicycle and private cage storage (fee). The building has completed major capital improvement projects including a new elevator and laundry room and is now wired for FiOS. 

Shareholders welcome their proximity to Grand Central Station and the Midtown Tunnel, the East River ferry, St. Vartan Park's garden, athletic field, playground and basketball, handball and pickleball courts, AMC Kips Bay IMAX, Target, and many of the city's finest restaurants, boutiques and grocers, including Fairway Market and Trader Joe's. Guarantors, co-purchasing, pied-a-terre ownership and pets permitted.

Features & Amenities

Interior Features

Building In Basement

Exterior Features

None

Building Amenities

Elevators

Building Information

Total Units 40
Stories 6
Structure HighRise

Financial Details

Maintenance $1,169/mo

Murray Hill offers a central Manhattan location with a surprisingly neighborhood-like feel. Known for its historic 'Sniffen Court' and a mix of mid-century high-rises and 19th-century townhouses, it is a popular choice for professionals seeking proximity to Grand Central and Midtown. The neighborhood is particularly well-regarded for offering a wide range of price points, from entry-level studio cooperatives to expansive luxury penthouses.

Murray Hill Live Market Data

View Neighborhood

Active Listings

204

Median Asking Price

$870K

Median $/Sqft

$1,237

Avg Days on Market

N/A

New This Week

11

Price Reduced

32%

Sold (30 Days)

15

Median Sale Price

$691K

Live data from RLS at REBNY • Updated 2/16/26, 3:26 PM EST

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Location

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242 E 38TH Street #5E, Murray Hill, New York County

MLS® ID: RLS20050784
First Listed: 9/24/2025
On Market: 9/24/2025
Price Changed: 9/24/2025
Contract Date: 9/24/2025

Listing Courtesy of Kleier Residential Inc - Daniel Ancel Kerin

Listing Contact: (212) 486-4860

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 2/16/2026 at 8:26 PM UTC

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