Prevu by reAlpha
BuySellBlogBrowse Listings

242 East 38th Street 4ENew York, NY 10016

For Sale

$400,000

Welcome to Residence 4E at 242 East 38th Street — an oversized alcove studio nestled on the fourth floor of a quiet and well-maintained cooperative in the heart of Murray Hill.

This thoughtfully laid out home features an expansive living and dining area with ample space for a full-sized sofa, entertainment setup, and dining table, making it ideal for both relaxing and entertaining. The separate sleeping alcove comfortably accommodates a queen-sized bed, while the dedicated dressing area adds an elegant and functional touch to the layout.

Additional highlights include abundant closet space throughout, providing exceptional storage rarely found in studio living. The cooperative offers the convenience of a live-in superintendent, on-site laundry facilities, and a pet-friendly policy.

Perfectly situated near Grand Central Terminal, this centrally located home provides easy access to multiple transportation options, as well as an array of restaurants, cafés, and neighborhood conveniences right outside your door.

Listed by Matthew Teitelbaum

·

Compass

·

(917) 407-3321

Last updated September 13, 2026

·

Source: REBNY #RLS20110790

RLS Data display by Prevu Real Estate LLC

Listing Facts

  • TypeCo-op
  • NeighborhoodMurray Hill
  • Bathrooms1
  • Days on Prevu20
  • HOA/Maint. Fees$1,100/month

Location

Mortgage Calculator

Listing History

08/26/2026
Listed by Compass
$400,000
  1. 08/26/2026$400,000
    Listed by Compass

Estimated Closing Costs

Attorney Fees
$4,000
Bank Attorney
$1,500
Other Closing Costs
$4,000
Total
$9,500

Estimated closing costs are based on the list price of $400,000 and a 20% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.

Property Details for 242 East 38th Street 4E

Association

Amenities

  • Pets Allowed: Building Yes, No

Fees

  • Association Fee: $1,100.00 Monthly

Financial

  • Flip Tax Remarks: $3.00 Per Share. Payable By Seller.

Exterior

Construction

  • Number Of Units Total: 40
  • Stories Total: 6
  • Structure Type: Multi Family
  • Year Built: 1955
  • Entry Level: 4

Features

  • Building Features: Elevator(s)

Measurements

  • Lot Size Area: 6,286
  • Lot Size Dimensions: 78
  • Lot Size Units: SquareFeet

Financial

Taxes

  • Parcel Number: 0918-0035-00242-000-000004E

Interior

Measurements

  • Living Area Units: SquareFeet

Rooms

  • Bathrooms Full: 1
  • Bathrooms Total Integer: 1
  • Rooms Total: 2

Other

Location

  • City Region: Manhattan
  • Subdivision Name: Murray Hill
  • Tax Block: 00918
  • Tax Lot: 0035

Utilities

Equipment

  • Laundry Features: Common Area
  • Other Equipment: Intercom

Frequently Asked Questions

How many bedrooms and bathrooms does this co-op have?

There is bedrooms and 1 bathroom in this co-op at 242 East 38th Street 4E.

How does 242 East 38th Street 4E compare to other co-ops in Murray Hill?

This co-op is listed 45% below the average price for co-ops in Murray Hill and has been on the market for 94 less days than the typical home in this area.

242 East 38th Street 4E is a -bedroom, 1-bath co-op for sale in New York NY 10016. On Prevu for 20 days at $400,000. This home is located in Murray Hill. The median listing price for co-ops in this area is $950,000. Explore more co-op listings in Manhattan.

RLS Data display by Prevu Real Estate LLC The Registrant acknowledges each other RLS Broker's ownership of, and the validity of their respective copyright in, the Exclusive Listings that are transmitted over the RLS. The information is being provided by RLS at REBNY Listing Service, Inc. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. 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 RLS at REBNY Listing Service, Inc. All rights reserved. Based on information from the Real Estate Board of New York and/or other sources. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity. 2026 The Real Estate Board of New York, Inc., All rights reserved.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.