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121 East 38th Street

Listing no longer available on CityRealty as of Jul 14, 2020
It previously was on the market for a total of 260 days.
260 days on Market

Pricing History

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Key Details

  • Listed: Jul 29, 2019
    Last Price Change: -6.7% ($500,000) on Jan 17
    Days on Market: 260
    Building Type: Townhouse
    Neighborhood: Murray Hill (Manhattan)
    Listing viewed 646 times
Est. Monthly Mortgage: -
Total Est. Monthly Carrying Cost: $38,126
Note: the above is based on a down payment of 20% ($1,400,000), which is the minimum amount permitted by the building.


121 East 38th Street is ideally located between Park and Lexington Avenues on one of Murray Hill's most attractive tree-lined townhouse blocks. The impressive brick-clad townhouse offers enormous square footage on six floors plus a finished cellar (approx. 7,900 S.F including the cellar), an elevator, and multiple configuration possibilities.

Currently set up as an owner's five-floor apartment that functions as a beautiful triplex from the parlor to the fourth floor and, above that, a chic guest penthouse duplex with a fabulous roof-deck and open city views. In addition, there is a ground-floor one-bedroom floor-thru apartment, and a finished cellar. The house can work perfectly as-is (live with income), a family compound with three distinct living quarters, or it can easily convert to a single-family home.

The choice is yours. Vacant. SHOWN BY APPOINTMENT ONLY.Ground Floor: Pass through a gated front patio and into a marble-floored entry foyer.

Once inside, there is an entrance to the left into the large garden floor-thru one bedroom apartment, and straight ahead is a glass-paneled door that invites you up the curved staircase to the owner's five-story apartment. Should you so desire, a keyed elevator waits to whisk you to the upper floors.Parlor Floor: A gracious landing welcomes you to this breathtaking floor. When you look to the right, you will find an enormous and elegant living room that opens to a perfect-size dining room with a balcony.

Together, both rooms span more than 46 feet deep and have 11-foot-high ceilings with intricate ceiling moldings. Look left, and you'll find a sun-flooded eat-in kitchen with incredibly wide and tall windows that look out to the beautiful townhouses across the street. The updated kitchen features a Viking Stove, two Sub-Zero refrigerators, a Fischer Paykal dishwasher, a center island, granite countertops, and a charming banquette to watch the cook or take in the passersby on the street.

A powder room is neatly concealed on the landing.Third Floor: This magnificent floor offers a large front office (or bedroom), a spectacular family room with a beautiful coffered wood ceiling, and a library that opens to a terrace. Whether watching your favorite sport on TV with 20 of your closest friends, or just snuggling up with a book in the library or on the terrace--this floor is sure to please.Fourth Floor: The floor offers a front and rear bedroom--each with an en-suite bath. Double doors in the rear bedroom open to a terrace.Fifth Floor: This is the bottom floor of the penthouse duplex (guest apartment).

This floor is "loft-like" in feel and offers an open kitchen with an island and front living room with a wall of windows to take in the southern light. In the rear of the floor is a generous bedroom with an en-suite bath with a Jacuzzi and a terrace. This floor could easily become two bedrooms and two baths in a single-family conversion.Sixth Floor: Upper floor of the penthouse duplex--currently used as a bedroom suite.

You can't help but say WOW when you ascend the dramatic cast-iron staircase and arrive on this spectacular level. The whole floor is open with high ceilings. Solarium windows curve up the entire width and part of the ceiling of the front room to reveal an incredible cityscape--rarely seen in a townhouse.

An updated bath with a glass-enclosed shower with multiple shower jets has just the right amount of frosted glass to conceal but also clear enough to take in the city beyond. This has to be seen! A 17-by-7-foot terrace completes this luxurious suite.

Two bedrooms and two baths could easily be created on this floor.Rooftop Terrace: Stairs leading from the top floor of the penthouse open to reveal an entire decked roof with a hot tub. The views are fantastic--including a peak of The Chrysler Building. The area has water and electric to help create your rooftop dream.Cellar: Finished.

Mechanicals, Storage, and kitchen.

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