Last updated on May 1, 2026

242 East 38th Street

Intimate 40-unit mid-century co-op in Murray Hill with updated amenities and prime access to Grand Central and East River Walk. Spacious, sun-filled apartments with flexible layouts and accommodating policies including pets and pied-à-terre ownership. Currently, 1 apartment is for sale.

All Apartments For Sale (1)
Recent Sales (5) $750 Avg. price/ft²
All Units in Building (40)

Include In-Contract Listings (1)

Apt. 2A
Quick view: 8 photos

Studio

1 bath

$479,000 -3.8%

Aug 18, 2025

265 days

in contract

#5E: $399,000 - Studio

#2A: $479,000 (-3.8%) - Studio

Apt. 1A

Studio

1 bath

400 ft²

$300,000 -11.5%

$750

$339,000

Apr 3, 2025

Apt. 5F

Studio

1 bath

$396,000 -5.5%

$419,000

Feb 29, 2024

Apt. 4B

1 bed

1 bath

$432,500 -13.3%

$499,000

Aug 10, 2023

Apt. 4G

1 bed

1 bath

$397,000

$415,000

May 18, 2023

Apt. 4A

Studio

1 bath

$400,000 -2.4%

$425,000

Dec 8, 2022

View Full Sales History

Overview of 242 East 38th Street

242 East 38th Street is a mid-century modern co-op located in the historic Murray Hill district of Manhattan. This intimate building comprises 40 apartments and features an elegant terrazzo stone lobby, dual entry video intercom security, and a live-in superintendent who accepts packages. Residents benefit from a central laundry room, bicycle storage, and private cage storage available for a fee. The building has undergone significant capital improvements, including a new elevator and is now wired for FiOS, enhancing the living experience for its shareholders.

The apartments at 242 East 38th Street are characterized by their spacious layouts and abundant natural light. Many units, such as the oversized alcove studios, offer sunny exposures and flexible living arrangements, accommodating various configurations for sleeping and entertaining. Notable features include windowed kitchens and baths, high ceilings, and ample storage options, including walk-in closets and dressing areas. Some apartments even boast private outdoor spaces, such as corner terraces, providing a unique amenity in the heart of the city.

Residents enjoy a prime location with easy access to Grand Central Station, the Midtown Tunnel, and the East River Walk. Nearby amenities include St. Vartan Park, which offers recreational facilities, as well as a variety of restaurants, boutiques, and grocery stores like Fairway Market and Trader Joe's. The building's policies are accommodating, allowing for pied-à-terre ownership, co-purchasing, and pets, making it an attractive option for a diverse range of buyers.

Doorman

None

Type

Co-op

Year Built

1955

Converted: 1982

Apartments

40 (view all units)

Floors

Neighborhood

Murray Hill (Manhattan)

Min Down

20%

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Amenities

Post War
Elevator

Area Map StreetView

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at 3rd Ave and 42nd 0.30 miles

Sales History

Price/Room (Est)

Why are we displaying the estimated price per room?

For some co-ops, instead of price per square foot, we use an estimate of the number of rooms for each sold apartment to chart price changes over time. This is because many co-op listings do not include square footage information, and this makes it challenging to calculate accurate square-foot averages.

By displaying the price per estimated room count, we are able to provide a more reliable and consistent metric for comparing sales in the building. While we hope that this gives you a clearer sense of price trends in the building, all data should be independently verified. All data provided are only estimates and should not be used to make any purchase or sale decision.

Price/Ft² (Est)

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Sales Summary

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Sales History by Apartment Size

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Pricing Comparison of Similar Buildings

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Editorial Coverage

Steals and Deals: Manhattan apartments from $345K Friday, July 31, 2020

Alternate Addresses

242 East 38th
699 2 Avenue

Bergen Brooklyn

between 3rd Avenue & 4th Avenue

Boerum Hill

World-class design, rooted in local charm. Crafted facade by Frida Escobedo | Textured interiors by Workstead. Early 2025 Occupancy.

1 beds starting at $1,125,000
2 beds starting at $2,700,000
3 beds starting at $4,625,000
4 beds starting at $5,495,000
5 beds starting at $5,650,000

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RLS IDX Data display by CityRealty.com, 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. ©2026 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and for no listing shall the number of bedrooms listed be considered a legal conclusion.

All closed sales data has been provided by the New York City Department of Finance via the Automated City Register Information System (ACRIS). No warranty or representation is made as to the accuracy of any data provided by ACRIS or any other sources.

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An equal housing opportunity

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242 East 38th Street

Overview of 242 East 38th Street

Maps &3D Aerial Views

Amenities

Sales History

Why are we displaying the estimated price per room?

Sales Summary

Sales History by Apartment Size

Pricing Comparison of Similar Buildings

Editorial Coverage

Alternate Addresses

Search

Market Data

Market Insight

CityRealty

My Account

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into Tours!

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