242 East 38th Street was built in 1955 and converted to co-op apartments in 1982. 242 East 38th Street has a total of 40 apartments and is located in Murray Hill, a short walk to the 4, 5, 6 and 7 subway lines.
There are currently 2 apartments for sale at 242 East 38th Street, ranging in price from $399,000 to $479,000. The most recent closing in the building was in April 2025 - a six plus bedroom that closed for $300,000.
Similar nearby buildings include 225 East 36th Street, 200 East 36th Street, 240 East 35th Street and 222 East 35th Street.
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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.