Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
242 E 38TH Street #5F
Closed For Sale Co-op

$285,000

242 E 38TH Street #5F

Murray Hill, Manhattan

242 E 38th St

MLS® #RLS10096401

RLS at REBNY

Listing by The Corcoran Group

Studio

0

Bath

N/A

Sq. Ft.

1956

Year Built

Quick Summary

Bedrooms Studio
Bathrooms 0
Year Built 1956
Ownership Co-op
Maintenance $689/mo
Neighborhood Murray Hill

Property Highlights

  • Exposure: East facing
  • New Construction: Brand new building

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 2
Baths null Full
Exposure East
Pets Yes
Cross Street Third Avenue & Second Avenue
Year Built 1956 (New)
Parcel # 0918-0035-00242-000-000005F

Listing History

Event Date Price Change
Listed Oct 3, 2012 $330,000 -
Price Reduced May 23, 2013 $299,000 -9.4%
Currently Apr 30, 2026 $285,000 -4.7%

Description

Great Value. Super spacious studio or convert this fantastic space to a junior one bedroom. This large East facing studio in an elevator building features a windowed open kitchen with dishwasher and breakfast bar, generous size foyer, a windowed bathroom with dressing area, and hardwood floors. Closet Galore! In addition to a nice size dressing area this home features 3 large closets that you will have a hard time filling. This quiet elevator building is a mid century modern cooperative with a renovated lobby, laundry room and live in super. Cooperative allows pied a terres, co-purchasing and pets are allowed. With its fantastic layout & size, low maintenance and great location, this beautiful apartment is the perfect Murray Hill home. Apartment Features: East exposure, Floors - hardwood, Walk in closets, Dishwasher Building Features: Central laundry room

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed Common Area

Building Information

Financial Details

Maintenance $689/mo
Original Price $330,000
Previous Price $299,000

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

272

Median Asking Price

$799K

Median $/Sqft

$1,209

Avg Days on Market

N/A

New This Week

17

Price Reduced

29%

Sold (30 Days)

20

Median Sale Price

$800K

Live data from RLS at REBNY • Updated 4/30/26, 9:36 AM EST

Similar Listings in Murray Hill

View All

Location

Loading map...

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

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 $689 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 0 bedrooms and 0 full bathrooms.

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: RLS10096401
First Listed: 10/3/2012
Price Changed: 5/23/2013
Closed: 5/23/2013

Listing Courtesy of The Corcoran Group - Steven Lopez

Listing Contact: (917) 843-4206

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 4/30/2026 at 1:36 PM 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?

Your info is secure and never shared.

View Active Listings Call Milton