126 East 38th Street
Description
The beautiful hardwood floors,...Located in the heart of Murray Hill, this 6,862 square foot, 4-story, completely renovated elevator building provides a wealth of options for the next owner. Its R8B zoning allows this current office building to be converted to residential while adding an additional 4000 ft to the property. This building in its current configuration can be used as an art gallery, private equity office or professional space for cosmetic surgery or other medical or dental procedures.
The beautiful hardwood floors, magnificent skylights, and windows on the North, South, and East of the building coupled with high ceilings and expansive walls create an air and light experience that does not exist in Midtown Manhattan. It is ideal for any gallery or art collector.
The perfect Midtown location in walking distance to both Grand Central and Penn Station is surrounded by iconic office buildings such as Chrysler Building, Chanin Building, and the stunning One Vanderbilt https://www.onevanderbilt.com/. Shake Shack, Dig Inn, and Bareburger are grab and go options in the area while Zuma Restaurant, Wokuni, and Al Fiori round out options for the discerning palate. The luxury of the Langham Hotel, the convenience of The Grand Hyatt, and the specificity of the Kitano are all in a stones throw.
The Metro-North, 4, 5, 6, 7, N, R, Q, NJ Transit, LIRR, and Shuttle trains are all nearby.
126 East 38th Street is a 6,862 square foot, 4-story, completely renovated elevator building waiting for the discerning owner to escort it into its next starring role in the NYC landscape.
Listing Agent
![Chris Halliburton]()
Chris Halliburton
Listing Agent
Recent comparable sales
Median sold price
$9,000,000
Avg days on market
246
Sale-to-list ratio
84.5%
Manhattan, NY
9 comparable properties found
$4,050,000
Sold 12/30/25
- 10
- Bedrooms
- 4
- Bathrooms
- 5,906
- Square Feet
- 98' x 20'
- lot size
$9,300,000
Sold 07/15/26
- 6
- Bedrooms
- 4
- Bathrooms
- 5,878
- Square Feet
- 21' x 104'
- lot size
$10,600,000
Sold 05/30/25
- 8
- Bedrooms
- 4
- Bathrooms
- 6,750
- Square Feet
- 25' x 92'
- lot size
$8,000,000
Sold 06/13/25
- 10
- Bedrooms
- 10
- Bathrooms
- 8,000
- Square Feet
- 25' x 92'
- lot size
Amenities
- Common Roof Deck
- Working Fireplace
- High Ceilings
- Elevator
- Walk Up
- Northern Exposure
- Southern Exposure
Location
Payment Calculator
$66,567 per month
30 year fixed, 6.71% Interest
$56,843
$9,724
$0
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1Property Information for 126 East 38th Street
- Taxes: $9,724 / month
- Total Rooms: 18.0
- County: New York County
- Buyer's Agent Compensation: 2.5%
- Stories: 4
- Residences: 1
- Year Built: 1920
Property History for 126 East 38th Street
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Jan 31, 2019 | Sold Manual | $11,000,000 | — |
| Sep 12, 2018 | Contract Signed Manual | — | |
| Sep 11, 2018 | Contract Out Manual | — | |
| Jun 21, 2018 | Listed (Active) Manual | $10,000,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 01/31/2019 | Sold Manual | $11,000,000 |
| 09/12/2018 | Contract Signed Manual | — |
| 09/11/2018 | Contract Out Manual | — |
| 06/21/2018 | Listed (Active) Manual | $10,000,000 |
For completeness, we often displays two records for one sale: the MLS record and the public record.
Schools near 126 East 38th Street
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 6 | |||
| Public - | 6 to 8 | |||
| Public - | 6 to 8 | |||
| Public - | 6 to 8 |
Rating | School | Distance |
|---|---|---|
P.S. 116 Mary Lindley Murray PublicPK to 6 | ||
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
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Nearby home values
| Address | Sold price | Beds | Baths | Sqft | Lot (Sqft) |
|---|---|---|---|---|---|
This home: 126 East 38th Street, Murray Hill | $11,000,000 | 10 | 4 | 6,862 | – |
$4,200,000 | 1 | 1 | 5,534 | – | |
$4,000,000 | 3 | 4 | 3,000 | 491 | |
$720,000 | 1 | 1 | 877 | – | |
$490,000 | Alcove | 1 | – | – | |
$507,000 | Alcove | – | – | – | |
$548,000 | 1 | 1 | – | – |
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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.
This 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. 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 2026, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties. 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. ©2026 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.©2026 The Real Estate Board of New York, Inc., All rights reserved.