131 East 38th Street

$4,995,000
Price
5
Beds
4,000 Sq. Ft.
$1,249 / Sq. Ft.
4,000
Sq. Ft.
$1,249
per Sq. Ft.

Description

Welcome to 131 East 38th Street - A Townhouse of Endless Possibility In the heart of Murray Hill, nestled on a quiet, tree-lined street minutes from Grand Central, stands a townhouse that tells a story of timeless character and modern potential. 131 East 38th Street is more than a property-it's a canvas for your vision, a residence where life, work, and inspiration converge. From the moment you arrive, the home's stately brick facade and classic architecture speak to a bygone era of craftsmanship...Welcome to 131 East 38th Street - A Townhouse of Endless Possibility In the heart of Murray Hill, nestled on a quiet, tree-lined street minutes from Grand Central, stands a townhouse that tells a story of timeless character and modern potential. 131 East 38th Street is more than a property-it's a canvas for your vision, a residence where life, work, and inspiration converge. From the moment you arrive, the home's stately brick facade and classic architecture speak to a bygone era of craftsmanship and grace. Step inside, and you're greeted by nearly 4,000 square feet of space that feels both grand and intimate, where original details-hardwood floors, intricate moldings, soaring ceilings-offer a rich backdrop for whatever future you imagine. Today, the home functions as a single-family residence with a thriving dental practice on the garden level-a setup that quietly generates substantial income without disrupting the tranquility of the home above. It's a rare hybrid: a sanctuary that pays dividends, a space that supports both personal dreams and professional ambitions. As you explore its five floors, you'll find five spacious bedrooms, four full bathrooms, and an array of flexible rooms perfect for offices, studios, or creative retreats. Whether you dream of hosting elegant dinners in the parlor or unwinding in a sunlit reading nook, the layout adapts effortlessly to your lifestyle. Step outside, and you're in one of Manhattan's rarest luxuries: a landscaped garden, tucked away from the city's pulse yet close enough to feel its energy. A second-story balcony overlooks this green escape, offering a perfect morning coffee perch or sunset retreat. The home's versatility is perhaps its most exciting feature. Reimagine it as a luxurious single-family residence, continue the live/work model, or explore a fresh configuration altogether-the structure, zoning, and location support countless possibilities.   Opportunity for "no expenses" derived from substantial income from ground floor professional office w single tenant and flexible terms. And then, there's the location. Just a short distance from the United Nations, Bryant Park, and the cultural heartbeat of Midtown, 131 East 38th offers immediate access to the best of New York. Yet when you return home, the city melts away behind the townhouse's historic doors. This is more than a place to live-it's a rare opportunity to build a life exactly as you envision it. With income potential, architectural charm, and an unbeatable address, 131 East 38th Street is where your next chapter begins. 3 outdoor spaces, rooftop, ground patio + backyard, balcony. Schedule your private showing today with the listing brokers, and imagine the story you'll write here.

Property Details for 131 East 38th Street

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LISTING UPDATED: 11/08/2025 03:39 PM

Property Details for 131 East 38th Street

StatusActive
MLS IDRLS20039564
Days on Market130
Taxes$3,750 / month
Maintenance-
Min. Down Pymt-
Total Rooms0.0
Compass TypeTownhouse
MLS TypeSingle Family Townhouse
Year Built1901
Lot Size1,900 SF / 100' x 19'
CountyNew York County

Building

131 E 38th St

1 Units4 StoriesBuilt in 1901

Location

Listing Courtesy of Brown Harris Stevens Residential Sales LLC
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Virtual Tour

Building Information for 131 East 38th Street

Stories4Year Built1901Building Size19' x 40'Building Sq. Ft3,040 SFLot Size1,900 SF / 100' x 19'Building Age-Building Type-

Payment Calculator

$28,432 per month

30 year fixed, 6.28% Interest

Principal and Interest

$24,682

Property Taxes

$3,750

Maintenance/Common Charges

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 131 East 38th Street

Summary
Location and General Information
  • Subdivision Name: Murray Hill
  • Stories Total: 5
  • Garage Spaces: 0.0
  • View: No
Taxes and HOA
  • Tax Lot: 0028
  • Tax Block: 00894
  • Flip Tax: $0
  • Building Tax Lot: 0028
  • Tax Abatement YN: false
Parking
  • Garage: No
  • Garage Spaces Assigned YN: false
Virtual Tour
Property
Lot Information
  • Living Area: 4000.0
  • Building Area Total: 4000.0
  • Building Area Units: SquareFeet
  • Lot Size Dimensions: 100.00x19.00
  • Living Area Units: SquareFeet
Building Information
  • Landmark Status YN: false
  • Building Smoke Free YN: true
  • Building Laundry Features: Other
  • Building Pets Allowed: BuildingYes
  • Capital Reserves YN: false
  • Green Building YN: true
Property and Assessments
  • New Development: No
  • Sponsor Unit: No
  • Certificate Of Occupancy: Yes
  • Percent Of Common Elements: .00%
  • New Construction: No
  • Structure Type: WalkUp
  • Property Condition: Good
Interior and Exterior Features
Exterior Features
  • Basement: Other
  • Patio And Porch Features: None
Interior Features
  • Cooling: CentralAir
  • Entry Level: 1
  • Fireplace: No
  • Floor Number: 1
  • Basement: Yes
  • Cooling: Yes
  • ElevatorsTotal: 0
  • Size Dimensions: 40.00x19.00
Multi Family
Multi-Family Information
  • Number Of Units Total: 1
Rental
Rental Information
  • Pets Allowed: UnitNo
  • Delivered Vacant: No
  • Attendance Type: None
  • Land Lease: No

Property History for 131 East 38th Street

DateEvent & SourcePriceAppreciationLink
Jul 28, 2025

Listed (Active)

RLS RESO #RLS20039564

$4,995,000
May 27, 2025

Permanently Off Market

RLS RESO #RLS20019300

$4,499,999
Apr 8, 2025

Permanently Off Market

RLS RESO #RLS11024256

$4,499,999
Dec 5, 2024

Listed (Active)

RLS RESO #RLS20019300

$4,499,999
Dec 5, 2024

Listed (Active)

RLS RESO #RLS11024256

$4,950,000
Dec 4, 2024

Sold

RLS RESO #RLS11012973

$2,999
Sep 30, 2024

Permanently Off Market

RLS RESO #RLS11007994

$5,100,000
Sep 25, 2024

Contract Signed

RLS RESO #RLS11012973

Sep 9, 2024

Listed (Active)

RLS RESO #RLS11012973

$5,100,000
Apr 11, 2015

Sold

RLS RESO #RLS10066575

Apr 9, 2010

Listed (Active)

RLS RESO #RLS11007994

$5,100,000
Apr 7, 2010

Listed (Active)

RLS RESO #RLS10066575

$2,950,000
DateEvent & SourcePrice
07/28/2025

Listed (Active)

RLS RESO #RLS20039564

$4,995,000
05/27/2025

Permanently Off Market

RLS RESO #RLS20019300

$4,499,999
04/08/2025

Permanently Off Market

RLS RESO #RLS11024256

$4,499,999
12/05/2024

Listed (Active)

RLS RESO #RLS20019300

$4,499,999
12/05/2024

Listed (Active)

RLS RESO #RLS11024256

$4,950,000
12/04/2024

Sold

RLS RESO #RLS11012973

$2,999
09/30/2024

Permanently Off Market

RLS RESO #RLS11007994

$5,100,000
09/25/2024

Contract Signed

RLS RESO #RLS11012973

09/09/2024

Listed (Active)

RLS RESO #RLS11012973

$5,100,000
04/11/2015

Sold

RLS RESO #RLS10066575

04/09/2010

Listed (Active)

RLS RESO #RLS11007994

$5,100,000
04/07/2010

Listed (Active)

RLS RESO #RLS10066575

$2,950,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 131 East 38th Street

Taxable ValueLand$154,440Additions$69,180Total$223,620
Tax Record2025$44,914 ($3,743 / month) Tax Class1Tax Rate20.085%
Home Facts
Total Finished SqFt3,509 SqFtLot Size1,876 SqFtYear Built1901ZoningR10APN1008940028

Schools near 131 East 38th Street

This home is within New York City Geographic District # 2.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 6 to 8
Public - 6 to 8
Rating
School
Distance
P.S. 116 Mary Lindley Murray
PublicPK to 5

Nyc Lab Ms For Collaborative Studies
Public6 to 8

Lower Manhattan Community Middle School
Public6 to 8

Jhs 104 Simon Baruch
Public6 to 8

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 Map and Transit

Similar Homes

Similar Sold Homes

131 East 38th Street is a townhouse for sale in Murray Hill. This property was listed for sale on July 28, 2025 by Brown Harris Stevens Residential Sales LLC, it's currently listed at $4,995,000. It has been on the market for a total of 130 days and was last sold on December 4, 2024. This listing's school district is New York City Geographic District # 2. Nearby schools include P.S. 116 Mary Lindley Murray, Nyc Lab Ms For Collaborative Studies and Lower Manhattan Community Middle School. 131 East 38th Street is a 5-bed, 4-bath, 4,000 sqft townhouse built in 1901.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Brown Harris Stevens Residential Sales LLC

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2025, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY 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. ©2025 The Real Estate Board of New York, Inc., all rights reserved. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2025 The Real Estate Board of New York, Inc., All rights reserved.