Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $430,000

· Closed April 19, 2020

242 E 38th Street #5-B
Closed For Sale Co-op

$430,000

$573 per sq ft

242 E 38th Street #5-B

Murray Hill, Manhattan

MLS® #RLS10615537

RLS at REBNY

Listing by Nest Seekers International

1

Bedroom

1

Bath

750

Sq. Ft.

1956

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Living Area 750 sq ft
Year Built 1956
Ownership Co-op
Maintenance $1,501/mo
Neighborhood Murray Hill
Floor 5 of 6

Property Highlights

  • Exposure: East,North,West facing

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 3
Baths 1 Full
Floor 5 of 6
Exposure East,North,West
Pets Yes
Cross Street Third Avenue/Second Avenue
Year Built 1956
Living Area 750 sq ft
Block/Lot 918/35

Listing History

Event Date Price Change
Listed Oct 24, 2019 $430,000 -
Currently Apr 25, 2026 $430,000 -

Description

One bedroom with great layout boasting three spacious closets, a foyer/dining area and a breakfast bar that opens to a spacious windowed kitchen. Located in a boutique 40-unit mid-century modern elevator building with tasteful lobby and hallway de´cor, a two-door ?virtual doorman? intercom security system and a live-in superintendent who even accepts packages, this apartment is an unusual find at this price.

Apartment and building features include:

? Large living room and an entry foyer that may be used as a dining or work area

? An updated windowed kitchen

? An updated windowed bathroom

? Hardwood floors throughout

? A spacious corner bedroom with a generously-sized closet and plenty of room for a king-sized bed

? Double exposures to the north and east with six windows

? A laundry room

? Basement storage for a fee

? Close proximity to Grand Central, Fairway, Trader Joe?s, Gristede?s and all the great Murray Hill restaurants and bars including El Rio Grande, Sarge?s Deli and more.

The Co-op allows pied-a-terres, pets, co-purchasing and guarantors, and the seller will pay the flip tax. Priced to sell; an immediate must-see.

Features & Amenities

Interior Features

Entrance Foyer Common Area New Windows

Building Information

Financial Details

Maintenance $1,501/mo
Sale Price $430,000

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

266

Median Asking Price

$828K

Median $/Sqft

$1,204

Avg Days on Market

N/A

New This Week

16

Price Reduced

28%

Sold (30 Days)

22

Median Sale Price

$800K

Live data from RLS at REBNY • Updated 4/25/26, 6:43 AM EST

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Location

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242 E 38th Street #5-B, Murray Hill, New York County • Near Third Avenue/Second Avenue

Floor Plans

Floor Plan

Building Information

Official NYC property records for this building

1923
Year Built
103 years old
14
Floors
M1-9A
Zoning District

Tax & Assessment

Assessed Value: $2,293,650
Land Value: $407,700
Exemptions: $0

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 3,442 SF
Building Area: 47,661 SF
Built FAR: 13.85

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

Frequently Asked Questions

Common questions about this property

The current listed monthly maintenance are $1,501 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 1 bedroom and 1 full bathroom.

The listed interior living area is 750 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1956, making it approximately 70 years old.

This listing is a co-op (stock cooperative). Buyers purchase shares in a corporation rather than real property, and the board must approve all sales.

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $430,000 for 750 sq ft, the asking price per square foot is approximately $573. 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) 416-7433
MLS® ID: RLS10615537
First Listed: 10/24/2019
Closed: 4/19/2020
Contract Date: 10/19/2019

Listing Courtesy of Nest Seekers International - David Borkowsky

Listing Contact: (212) 252-8772

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 at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 4/25/2026 at 10:43 AM UTC

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