Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
242 E 38th Street #4E

For Sale · Listing by Compass

242 E 38th Street #4E

Murray Hill, Manhattan

$400,000

Interested in this property?
Active For Sale Co-op

$400,000

242 E 38th Street #4E

Murray Hill, Manhattan

MLS® #RLS20110790

RLS at REBNY

Listing by Compass

Open House Scheduled

Sunday, August 30 • 12:00 PM – 1:00 PM

REBNY 2025: signed Buyer Representation Agreement required before any showing.

Studio
1
Bath
N/A
Sq. Ft.
1955
Year Built

Quick Summary

Bedrooms Studio
Bathrooms 1
Lot Size 6,286.4 sq ft
Year Built 1955
Ownership Co-op
Maintenance $1,100/mo
Neighborhood Murray Hill
Floor 4 of 6

Property Highlights

  • Location: Murray Hill, Manhattan
  • Property Type: Co-op
  • Built: 1955

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 2
Baths 1 Full
Floor 4 of 6
Pets Yes
Year Built 1955
Structure Type MultiFamily
Furnished Unfurnished
Lot Size 6,286.4 sq ft
Parcel # 0918-0035-00242-000-000004E
Block/Lot 00918/0035

Listing History

Event Date Price Change
Listed Aug 26, 2026 $400,000 -
Currently Aug 26, 2026 $400,000 -

Description

Welcome to Residence 4E at 242 East 38th Street — an oversized alcove studio nestled on the fourth floor of a quiet and well-maintained cooperative in the heart of Murray Hill. This thoughtfully laid out home features an expansive living and dining area with ample space for a full-sized sofa, entertainment setup, and dining table, making it ideal for both relaxing and entertaining. The separate sleeping alcove comfortably accommodates a queen-sized bed, while the dedicated dressing area adds an elegant and functional touch to the layout. Additional highlights include abundant closet space throughout, providing exceptional storage rarely found in studio living. The cooperative offers the convenience of a live-in superintendent, on-site laundry facilities, and a pet-friendly policy. Perfectly situated near Grand Central Terminal, this centrally located home provides easy access to multiple transportation options, as well as an array of restaurants, cafés, and neighborhood conveniences right outside your door.

Features & Amenities

Interior Features

Common On Floor Common Area

Building Amenities

Elevators

Building Information

Building Data View Compliance & Permits
Total Units 40
Stories 6
Structure MultiFamily

Financial Details

Maintenance $1,100/mo

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

190

Median Asking Price

$750K

Median $/Sqft

$1,223

Avg Days on Market

N/A

New This Week

8

Price Reduced

34%

Sold (30 Days)

34

Median Sale Price

$646K

Live data from RLS at REBNY • Updated 8/26/26, 1:41 PM EST

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Location

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242 E 38th Street #4E, Murray Hill, New York County

Floor Plans

Floor Plan 1

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 $1,100 per month. Confirm the exact amount with Milton Coste before making an offer.

The current listed annual property tax is $0, or roughly $0 per month. Verify the current assessment with your attorney before closing.

This property has 0 bedrooms and 1 full bathroom.

According to MLS records, the building was constructed in 1955, making it approximately 71 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 Milton Coste for weight limits or breed restrictions.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or milton@miltoncoste.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: RLS20110790
First Listed: 8/24/2026
On Market: 8/26/2026
Price Changed: 8/24/2026
Contract Date: 6/1/2026

Listing Courtesy of Compass - Matthew Teitelbaum

Listing Contact: (917) 407-3321

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 8/26/2026 at 5:41 PM UTC

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Murray Hill Market Update

34 sales last 30 days · $750K median · 5.6 months supply

Read Full Report

New listings in this neighborhood

Quick Facts

Status Active Type Co-op Neighborhood Murray Hill Borough Manhattan
County New York
Floor 4 of 6
Year Built 1955
First Listed 8/24/2026
Maintenance $1,100/mo

Monthly Costs Estimate

Down Payment 20%

$80,000

Interest Rate Loading...

Source: Freddie Mac PMMS

Loan Term 30 years

Est. Monthly Payment

$0

Principal & Interest $0
PMI (under 20% down) $0
Maintenance $1,100
Total Monthly $0

Estimates only. Consult a lender for exact figures.

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