SOLD FOR $11,000,000
· Closed February 20, 2019
126 E 38th Street
MLS® #RLS10439765
Listing by Compass
10
Bedrooms
4
Baths
6,862
Sq. Ft.
1920
Year Built
Quick Summary
Property Highlights
- Fireplace: Wood-burning or decorative fireplace
- Style: Prewar architecture
- Character: Pre-war building (1920)
Property Details
Listing History
| Event | Date | Price | Change |
|---|---|---|---|
| Listed | Jun 27, 2018 | $11,000,000 | - |
| Price Reduced | Feb 20, 2019 | $10,000,000 | -9.1% |
Description
Located in the heart of Murray Hill, this 6,862 square foot, 4-story, completely renovated elevator building provides a wealth of options for the next owner. Its R8B zoning allows this current office building to be converted to residential while adding an additional 4000 ft to the property. This building in its current configuration can be used as an art gallery, private equity office or professional space for cosmetic surgery or other medical or dental procedures. The beautiful hardwood floors, magnificent skylights, and windows on the North, South, and East of the building coupled with high ceilings and expansive walls create an air and light experience that does not exist in Midtown Manhattan. It is ideal for any gallery or art collector. The perfect Midtown location in walking distance to both Grand Central and Penn Station is surrounded by iconic office buildings such as Chrysler Building, Chanin Building, and the stunning One Vanderbilt https://www.onevanderbilt.com/. Shake Shack, Dig Inn, and Bareburger are grab and go options in the area while Zuma Restaurant, Wokuni, and Al Fiori round out options for the discerning palate. The luxury of the Langham Hotel, the convenience of The Grand Hyatt, and the specificity of the Kitano are all in a stones throw. The Metro-North, 4, 5, 6, 7, N, R, Q, NJ Transit, LIRR, and Shuttle trains are all nearby. 126 East 38th Street is a 6,862 square foot, 4-story, completely renovated elevator building waiting for the discerning owner to escort it into its next starring role in the NYC landscape.
Features & Amenities
Interior Features
Building Information
About Murray Hill
View All Murray Hill ListingsMurray 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 NeighborhoodActive Listings
259
Median Asking Price
$825K
Median $/Sqft
$1,261
Avg Days on Market
N/A
New This Week
13
Price Reduced
39%
Sold (30 Days)
14
Median Sale Price
$775K
Live data from RLS at REBNY • Updated 6/1/26, 12:30 PM EST
Recently Sold in Murray Hill
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Location
126 E 38th Street, Murray Hill, New York County • Near Park Avenue/Lexington Avenue
Building Information
Official NYC property records for this building
Tax & Assessment
Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.
Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)
Want help estimating ownership costs or understanding building compliance? Let's discuss
Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Building Data
NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning. Updated quarterly.
Market Data
RLS® at REBNY (Real Estate Board of New York). Live data updated in real-time.
Map & Location
OpenStreetMap contributors via Leaflet. Geocoding via Nominatim.
All data is provided for informational purposes only and should be independently verified. See our Data Sources Policy for more information.
Frequently Asked Questions
Common questions about this property
This property has 10 bedrooms and 4 full bathrooms.
The listed interior living area is 6,862 square feet. Verify dimensions independently during due diligence.
According to MLS records, the building was constructed in 1920, making it approximately 106 years old.
Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.
At the current list price of $11,000,000 for 6,862 sq ft, the asking price per square foot is approximately $1,603. This figure is for reference only and may differ from appraised or assessed values.
To schedule a private showing, contact Milton Coste at (917) 416-7433 or mcoste@kwnyc.com. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.
Have a question not answered here?
(917) 416-7433Listing Courtesy of Compass - Chris Halliburton
Listing Contact: (917) 518-9746
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.
Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.
RLS Data display by Keller Williams NYC. Data last updated on 6/1/2026 at 4:30 PM UTC