Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $385,000

Listed at $395,000 · Sold 2.5% below asking · Closed March 2, 2020

242 E 38TH Street #3G
Closed For Sale Co-op

$395,000

$832 per sq ft

242 E 38TH Street #3G

Murray Hill, Manhattan

242 E 38th St

MLS® #RLS10593881

RLS at REBNY

Listing by The Corcoran Group

Studio

1

Bath

475

Sq. Ft.

1956

Year Built

Quick Summary

Bedrooms Studio
Bathrooms 1
Living Area 475 sq ft
Year Built 1956
Ownership Co-op
Maintenance $733.91/mo
Neighborhood Murray Hill
Floor 3 of 6

Property Highlights

  • Location: Murray Hill, Manhattan
  • Property Type: Co-op
  • Built: 1956

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 2
Baths 1 Full
Floor 3 of 6
Pets Yes
Cross Street Third Avenue & Second Avenue
Year Built 1956
Living Area 475 sq ft
Parcel # 0918-0035-00242-000-000003G

Listing History

Event Date Price Change
Listed Sep 23, 2019 $450,000 -
Currently Apr 27, 2026 $395,000 -12.2%

Description

242 East 38th Street, #3G is a large studio that features two exposures and has a windowed kitchen and bath! This spacious home has more closet space than most one bedrooms!The windowed galley kitchen was recently updated with new tile, countertops and flooring. The apartment has plenty of room for a dining table as well.The current owners installed a custom wall unit with a full sized Murphy bed complete with lighting and storage. If desired, a new owner could easily fit a queen bed in its place. The living area has plenty of room for an oversized L-shaped couch for entertaining! There are also lovely custom window treatments that will remain.The bathroom has an adjacent dressing area in addition to another closet and windowed shower.This well located elevator building features a live in super and is one of a few studios in the neighborhood with maintenance under $750 per month! This studio is less expensive than renting and is a smart long term investment!-Apartment within 10 blocks of Trader Joes, Target, Fairway, and many of the most popular bars in Murray Hill-4 blocks to Grand Central which gives East side subway access and easy 7 train access to the West side -1 block from the East River and its running path and the ferry to Brooklyn

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed Common Area

Building Information

Financial Details

Maintenance $733.91/mo
Original Price $450,000
Sale Price $385,000

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

$820K

Median $/Sqft

$1,204

Avg Days on Market

N/A

New This Week

14

Price Reduced

28%

Sold (30 Days)

20

Median Sale Price

$800K

Live data from RLS at REBNY • Updated 4/27/26, 4:32 AM EST

Similar Listings in Murray Hill

View All

Location

Loading map...

242 E 38TH Street #3G, 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 $733.91 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 0 bedrooms and 1 full bathroom.

The listed interior living area is 475 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 $395,000 for 475 sq ft, the asking price per square foot is approximately $832. 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: RLS10593881
First Listed: 9/23/2019
Closed: 3/2/2020
Contract Date: 9/23/2019

Listing Courtesy of The Corcoran Group - Danielle Nazinitsky

Listing Contact: (330) 936-7928

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 4/27/2026 at 8:32 AM UTC

Buying a Co-op? Start Here

Co-op vs. Condo: Which Is Right for You?

Ownership structure, board approval, financing: the full comparison.

Read article

How to Ace Your Co-op Board Interview

What boards look for, common questions, and how to prepare.

Read article

NYC Flip Tax Guide for Sellers

What co-op flip taxes are, how they're calculated, and who pays.

Read article

HDFC Co-ops: Complete Guide

Income limits, resale caps, and how to qualify for affordable co-ops.

Read article

Interested in this property?

Get a response within 2 hours

Your info is secure and never shared.

View Active Listings Call Milton