242 East 38th Street, Unit 5E

242 E 38th St
Murray Hill

$399,000
Price
Alcove
Beds
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.
Open: 12/7 10:30AM - 12:30PM - By Appt
Open: 12/7 10:30AM - 12:30PM - By Appt

Description

High floor bright and quiet alcove studio Covetable oversized alcove studio with sunny East exposures. The large, square shaped living room easily accommodates multiple living arrangements and is adjacent to a king-size sleeping alcove outfitted with CitiQuiet soundproof windows. Both the kitchen and renovated bath with adjacent dressing room are windowed. There are new stainless appliances in the kitchen and a dishwasher may be added with board approval.   The spa-like bath is outfitted with...High floor bright and quiet alcove studio Covetable oversized alcove studio with sunny East exposures. The large, square shaped living room easily accommodates multiple living arrangements and is adjacent to a king-size sleeping alcove outfitted with CitiQuiet soundproof windows. Both the kitchen and renovated bath with adjacent dressing room are windowed. There are new stainless appliances in the kitchen and a dishwasher may be added with board approval.   The spa-like bath is outfitted with Roca tiles, Century Bathworks mirrored storage and Grohe fixtures including a rainfall head with hand wand. Additional niceties include high ceilings, Lutron dimmers, white oak hardwood floors, wonderful storage from two double wide closets and upgraded electric with a 60 amp 8-circuit panel. Perfectly situated in the heart of Midtown, in the historic Murray Hill district, this intimate mid-century modern cooperative of 40 apartments has an elegant terrazzo stone lobby, dual entry video intercom security, live-in superintendent who accepts packages, central laundry, bicycle and private cage storage (fee). The building has completed major capital improvement projects including a new elevator and laundry room and is now wired for FiOS.   Shareholders welcome their proximity to Grand Central Station and the Midtown Tunnel, the East River ferry, St. Vartan Park's garden, athletic field, playground and basketball, handball and pickleball courts, AMC Kips Bay IMAX, Target, and many of the city's finest restaurants, boutiques and grocers, including Fairway Market and Trader Joe's. Guarantors, co-purchasing, pied-a-terre ownership and pets permitted.

Property Details for 242 East 38th Street, Unit 5E

View
City, Skyline

Open Houses

Sunday, Dec 7th

10:30 AM - 12:30 PM

By Appointment Only

LISTING UPDATED: 12/03/2025 01:54 PM

Property Details for 242 East 38th Street, Unit 5E

StatusActive
MLS IDRLS20050784
Days on Market73
Taxes-
Maintenance$1,169 / month
Min. Down Pymt20%
Total Rooms2.5
Compass TypeCo-op
MLS TypeCo-op
Year Built1955
CountyNew York County

Building

242 E 38th St

40 Units6 StoriesBuilt in 1955

Location

Listing Courtesy of Kleier Residential Inc
Add your commute

Building Information for 242 East 38th Street, Unit 5E

Building/Complex242 E 38th StFloor5Stories6Residences40Pet PolicyAllowedPet Policy Details3Year Built1955Building AgePost-war

Payment Calculator

$3,141 per month

30 year fixed, 6.28% Interest

Principal and Interest

$1,972

Property Taxes

$0

Maintenance/Common Charges

$1,169

The Payment Calculator is for illustrative purposes only.

Property Information for 242 East 38th Street, Unit 5E

Summary
Location and General Information
  • Subdivision Name: Murray Hill
  • Stories Total: 6
  • Exposures: East
  • Garage Spaces: 0.0
  • View: Yes
  • Zoning Description: C1-9
Taxes and HOA
  • Tax Lot: 0035
  • Tax Deduction Percent: 52.00%
  • Tax Block: 00918
  • Flip Tax Type: Percent
  • Association Fee Frequency: Monthly
  • Flip Tax: $2
  • Building Tax Lot: 0035
  • Tax Monthly Amount: 0.0
  • Tax Abatement YN: false
Parking
  • Garage: No
  • Garage Spaces Assigned YN: false
Property
Lot Information
  • Living Area Units: SquareFeet
Building Information
  • Building Features: Elevators
  • Landmark Status YN: false
  • Building Laundry Features: InBasement
  • Building Pets Allowed: BuildingYes
  • Capital Reserves YN: false
  • Green Building YN: false
Property and Assessments
  • New Development: No
  • Sponsor Unit: No
  • Certificate Of Occupancy: Yes
  • Percent Of Common Elements: .00%
  • Common Interest: StockCooperative
  • Number Of Shares: 280
  • New Construction: No
  • Structure Type: HighRise
  • Property Condition: Good
Interior and Exterior Features
Exterior Features
  • Basement: Other
  • Exterior Features: None
  • Patio And Porch Features: None
Interior Features
  • Entry Level: 5
  • Fireplace: No
  • Dining Type: Alcove
  • Kitchen Condition: Good
  • Floor Number: 5
  • Basement: No
  • Cooling: No
  • Bathroom Condition: Excellent
  • ElevatorsTotal: 1
Multi Family
Multi-Family Information
  • Unit Line: E
  • Number Of Units Total: 40
Rental
Rental Information
  • Pets Allowed: UnitNo
  • Attendance Type: None
  • Land Lease: No

Property History for 242 East 38th Street, Unit 5E

DateEvent & SourcePriceAppreciationLink
Sep 24, 2025

Listed (Active)

RLS RESO #RLS20050784

$399,000—
Aug 18, 2021

Sold

RLS RESO #RLS10901753

$380,000—
Aug 16, 2021

Sold (Public Record)

ACRIS #2021082401665001

$380,000

+1.6% / yr

Apr 30, 2021

Contract Signed

RLS RESO #RLS10901753

—
Sep 8, 2020

Listed (Active)

RLS RESO #RLS10901753

$399,000—
Sep 18, 2008

Sold

RealPlus #aee5eebc87e8eb003017149272615e7fea240df0

$310,000——
Sep 18, 2008

Sold (Public Record)

ACRIS #2008092200825001

$310,000—
Jul 12, 2008

Contract Signed

RealPlus #aee5eebc87e8eb003017149272615e7fea240df0

$325,000——
Jun 9, 2008

Listed (Active)

RealPlus #aee5eebc87e8eb003017149272615e7fea240df0

$325,000——
DateEvent & SourcePrice
09/24/2025

Listed (Active)

RLS RESO #RLS20050784

$399,000
08/18/2021

Sold

RLS RESO #RLS10901753

$380,000
08/16/2021

Sold (Public Record)

ACRIS #2021082401665001

$380,000

+1.6% / yr

04/30/2021

Contract Signed

RLS RESO #RLS10901753

—
09/08/2020

Listed (Active)

RLS RESO #RLS10901753

$399,000
09/18/2008

Sold

RealPlus #aee5eebc87e8eb003017149272615e7fea240df0

$310,000
09/18/2008

Sold (Public Record)

ACRIS #2008092200825001

$310,000
07/12/2008

Contract Signed

RealPlus #aee5eebc87e8eb003017149272615e7fea240df0

$325,000
06/09/2008

Listed (Active)

RealPlus #aee5eebc87e8eb003017149272615e7fea240df0

$325,000

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

Public Records for 242 East 38th Street, Unit 5E

Taxable ValueLand-Additions-Total-
Home Facts
APN1009180035

Schools near 242 East 38th Street, Unit 5E

This home is within New York City Geographic District # 2.
Rating
School
Type
Grades
Distance
P.S. 116 Mary Lindley Murray
Public - PK to 5
Nyc Lab Ms For Collaborative Studies
Public - 6 to 8
Lower Manhattan Community Middle School
Public - 6 to 8
Jhs 104 Simon Baruch
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.

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More information about 242 East 38th Street, Unit 5E, Murray Hill

242 East 38th Street, Unit 5E is a co-op for sale in Murray Hill. This property was listed for sale on September 24, 2025 by Kleier Residential Inc, it's currently listed at $399,000. It has been on the market for a total of 73 days and was last sold on August 18, 2021. 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. 242 East 38th Street, Unit 5E is a 0.5-bed, 1-bath, co-op built in 1955.

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 Kleier Residential Inc

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.