Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
131 E 38TH Street
3D Tour

$4,798,000

$1,200 per sq ft

131 E 38TH Street

Murray Hill, Manhattan

MLS® #RLS20039564

RLS at REBNY

Listing by Brown Harris Stevens Residential Sales LLC

5

Bedrooms

3.5

Baths

4,000

Sq. Ft.

1901

Year Built

Quick Summary

Bedrooms 5
Bathrooms 3 full, 2 half
Living Area 4,000 sq ft
Lot Size 1,900 sq ft
Year Built 1901
Ownership None
Property Taxes $45,000/yr
Neighborhood Murray Hill
Floor 1 of 5

Property Highlights

  • Views: Other
  • Style: WalkUp architecture
  • Climate Control: Central Air

Property Details

Type Single Family Residence
Ownership None
Total Rooms 15
Baths 2 Full, 2 Half
Floor 1 of 5
View Other
Cooling Central Air
Pets Yes
Year Built 1901
Living Area 4,000 sq ft
Architectural Style WalkUp
Basement Other
Lot Size 1,900 sq ft
Parcel # 0894-0028
Block/Lot 00894/0028

Description



Welcome to 131 East 38th Street - A Townhouse of Endless Possibility

In the heart of Murray Hill, nestled on a quiet, tree-lined street minutes from Grand Central, stands a townhouse that tells a story of timeless character and modern potential. 131 East 38th Street is more than a property-it's a canvas for your vision, a residence where life, work, and inspiration converge.

From the moment you arrive, the home's stately brick facade and classic architecture speak to a bygone era of craftsmanship and grace. Step inside, and you're greeted by nearly 4,000 square feet of space that feels both grand and intimate, where original details-hardwood floors, intricate moldings, soaring ceilings-offer a rich backdrop for whatever future you imagine.

Today, the home functions as a single-family residence with a thriving dental practice on the garden level-a setup that quietly generates substantial income without disrupting the tranquility of the home above. It's a rare hybrid: a sanctuary that pays dividends, a space that supports both personal dreams and professional ambitions.

As you explore its five floors, you'll find five spacious bedrooms, four full bathrooms, and an array of flexible rooms perfect for offices, studios, or creative retreats. Whether you dream of hosting elegant dinners in the parlor or unwinding in a sunlit reading nook, the layout adapts effortlessly to your lifestyle.

Step outside, and you're in one of Manhattan's rarest luxuries: a landscaped garden, tucked away from the city's pulse yet close enough to feel its energy. A second-story balcony overlooks this green escape, offering a perfect morning coffee perch or sunset retreat.

The home's versatility is perhaps its most exciting feature. Reimagine it as a luxurious single-family residence, continue the live/work model, or explore a fresh configuration altogether-the structure, zoning, and location support countless possibilities.  Opportunity for "no expenses" derived from substantial income from ground floor professional office w single tenant and flexible terms.

And then, there's the location. Just a short distance from the United Nations, Bryant Park, and the cultural heartbeat of Midtown, 131 East 38th offers immediate access to the best of New York. Yet when you return home, the city melts away behind the townhouse's historic doors.

This is more than a place to live-it's a rare opportunity to build a life exactly as you envision it. With income potential, architectural charm, and an unbeatable address, 131 East 38th Street is where your next chapter begins.

3 outdoor spaces, rooftop, ground patio + backyard, balcony.

Schedule your private showing today with the listing brokers, and imagine the story you'll write here.


Features & Amenities

Interior Features

Smoke Free Building Other

Exterior Features

Private Outdoor Space Over60 Sqft

Building Amenities

Green Building

Building Information

Total Units 1
Stories 5
Style WalkUp

Financial Details

RE Taxes $45,000/yr ($3,750/mo)
Original Price $4,995,000
Previous Price $4,995,000

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, 11:59 AM EST

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Location

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131 E 38TH Street, Murray Hill, New York County

Virtual Tour

MLS® ID: RLS20039564
First Listed: 7/28/2025
On Market: 7/28/2025
Price Changed: 12/30/2025
Contract Date: 7/28/2025

Listing Courtesy of Brown Harris Stevens Residential Sales LLC - Mark D Friedman

Listing Contact: (212) 381-2379

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 4:59 PM UTC

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