Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $430,000

· Closed November 19, 2014

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

$430,000

242 E 38TH Street #5B

Murray Hill, Manhattan

242 E 38th St

MLS® #RLS10046623

RLS at REBNY

Listing by The Corcoran Group

1

Bedroom

1

Bath

N/A

Sq. Ft.

1956

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Year Built 1956
Ownership Co-op
Maintenance $1,230/mo
Neighborhood Murray Hill
Floor 5 of 6

Property Highlights

  • Views: City
  • Exposure: North,West facing
  • Climate Control: Window Units

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 3
Baths 1 Full
Floor 5 of 6
View City
Exposure North,West
Cooling Window Units
Pets Yes
Cross Street Third Avenue & Second Avenue
Year Built 1956
Parcel # 0918-0035-00242-000-000005B

Listing History

Event Date Price Change
Listed Sep 9, 2013 $450,000 -
Currently Apr 28, 2026 $430,000 -4.4%

Description

Come see this bright, spacious and quiet corner one-bedroom coop overlooking East 38th Street with easy access to Midtown. Located in a boutique, 40-unit mid-century modern elevator building with a dual entry intercom security system, a live-in super who accepts packages and an on-site laundry facility, this unit represents one of the best one bedroom coop values in the neighborhood. There are hardwood floors throughout, a renovated, windowed kitchen with two pass-thrus to the living/dining area, a windowed bath and an entry foyer that could be used for dining or a work station. The spacious corner bedroom comfortably fits a king bed and has open city views to the north and west. There are three good-size closets and the building offers basement storage for a fee. Located nearby are Grand Central Station, the Midtown Tunnel, the recently opened Fairway Market and NYU Hospital. Guarantors, co-purchasing, pied-a-terre buyers and pets allowed. Flip tax is paid by seller.

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed Common Area

Building Information

Financial Details

Maintenance $1,230/mo
Original Price $450,000
Sale Price $430,000
Previous Price $450,000

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

267

Median Asking Price

$799K

Median $/Sqft

$1,210

Avg Days on Market

N/A

New This Week

13

Price Reduced

28%

Sold (30 Days)

21

Median Sale Price

$800K

Live data from RLS at REBNY • Updated 4/28/26, 4:44 AM EST

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Location

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242 E 38TH Street #5B, Murray Hill, New York County • Near Third Avenue & Second Avenue

Floor Plans

Floor Plan 1
Floor Plan 2

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 $1,230 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 1 bedroom and 1 full bathroom.

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.

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: RLS10046623
First Listed: 9/9/2013
Price Changed: 12/19/2017
Closed: 11/19/2014
Contract Date: 9/8/2013

Listing Courtesy of The Corcoran Group - Eddie Tawil

Listing Contact: (732) 614-2235

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 4/28/2026 at 8:44 AM UTC

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