Building
242 E 38th St
242 E 38th St, Manhattan, NY 10016

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242 E 38th St is a lowrise co-op building located at 242 E 38th St in Manhattan's Murray Hill. It was built in 1955 (Post-war). The structure rises 6 stories, has a total building area of 30,662 Sq. Ft. and contains 40 units.


The building offers a range of amenities to enhance residents' lifestyles, including Elevator and Laundry in Building.


Located in Murray Hill, find residents living it up till the wee hours of the morning or people taking walks along the East River. Murray Hill’s diverse residents

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Units

Unit
Status
Price
$399,000 Avg.
Price/Sq. Ft.
Bd
Ba
Sq. Ft.
Floor Plan
242 E 38th St - #5EActive$399,000-0.51-View

Building
242 E 38th St
242 E 38th St, Manhattan, NY 10016

View available floor plans

Building Amenities

Elevator
Intercom
Laundry in Building
Lowrise
Post-war

Building PoliciesUPDATED 01/04/2021

General Policies
Pet Policy: Pets Allowed
Rental/Sublet Policy: Allowed
Pied-a-Terre Policy: Allowed
Sales & Financial Policies
Min Down Payment: 20%
Tax Deductibility: 52%
Transfer Fee (Flip Tax): Yes
Guarantors Policy: Allowed
Co-Purchasing Policy: Allowed
Policies are subject to change at the discretion of building management and may not apply to renters.

Building Facts

Building Overview
Property Type: Co-op
Building Size: Lowrise
Access: Elevator
Service Level: Voice Intercom
Year Built: 1955
Building Era: Post-war
Year Last Altered: 1982
Building Class: D4
Architect: Horace Ginsbern
Owner: 242 E 38 ST TENANTS C
Size & Dimensions
Units: 40
Stories: 6
Building Sq. Ft.: 30,662 Sq. Ft.
Lot Sq. Ft.: 6,287 Sq. Ft.
Building Width: 78 Ft.
Building Depth: 76 Ft.
Lot Width: 78.58 Ft.
Lot Depth: 80 Ft.
Buildings on Lot: 1
Zoning & Use
Zoning Districts: C1-9
Land Use Category: D4
Residential Units: 40
Total Units: 40
Residential Area(SF): 25,982 Sq. Ft.
Commercial Area(SF): 4,680 Sq. Ft.
Location Details
Street Address: 242 E 38th St
Zip Code: 10016
Building Name: -
Complex Name: -
Neighborhood: Murray Hill
City: Manhattan
State: NY
Districts
Community District: 106
City Council: 4
Police Precinct: 17
Fire Department: E021
School District: 02

Similar Buildings

Neighborhood Map and Transit

Schools

SchoolTypeGradesDistanceRating
P.S. 116 Mary Lindley MurrayPublicPK-50.3 mi
7
Lyceum Kennedy Japanese SchoolPrivatePK-120.3 mi
NR
Lyceum Kennedy French American SchoolPrivatePK-120.3 mi
NR
Manhattan Academy For Arts And LanguagesPublic9-120.3 mi
2

P.S. 116 Mary Lindley Murray

PK-5, 0.3 mi, Public

7

Lyceum Kennedy Japanese School

PK-12, 0.3 mi, Private

NR

Lyceum Kennedy French American School

PK-12, 0.3 mi, Private

NR

Manhattan Academy For Arts And Languages

9-12, 0.3 mi, Public

2

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Neighborhood image
Murray Hill
A versatile Midtown neighborhood. Find residents living it up till the wee hours of the morning or people taking walks along the East River. Murray Hill’s diverse residents enjoy Grand Central Station, Curry Hill, Koreatown, and tree-lined blocks.
Murray Hill Guide

More information about 242 E 38th St, Manhattan, NY 10016

As a benchmark, a 0.5-bedroom co-op at 242 East 38th Street, Unit 5E is currently on the market at $399,000, while East 38th Street recently sold for $300,000. This building sits amid Bryant Park, Downtown Manhattan, Kips Bay, Midtown Manhattan and Midtown South, intersecting ZIP codes 10178, 10018, 10158, 10001 and 10010 — and directly borders New York, Manhattan, Queens, Brooklyn and Hoboken. For added insight, see how this compares to average rental rates in Manhattan. *All numbers are for indication only and are not guaranteed.

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Updated as of May 13, 2021.