$385,000
Updated 2 months ago
Sold

242 East 38th Street, 5-E

Murray Hill, Manhattan | Third Ave & Second Ave

Alcove Studio 1 BathCo-op

$385,000
Maintenance$1,169

This property was sold for $385,000 on 06/09/26.

Listing Features

  • Dressing Area
  • High Ceilings
  • Noise Abate Wdws
  • Dishwasher
  • New Appliances
  • S Steel Appliances
  • Windowed Kitchen

Outdoor space and views

  • East Exposure

Building Amenities

  • Virtual Doorman
  • Driveway
  • Elevator
  • Laundry Room
  • Renovated Lobby

Policies

  • Pets Allowed
  • Pieds A Terre Ok

Property Description for 242 East 38th Street, 5-E

HIGH FLOOR BRIGHT AND QUIET ALCOVE STUDIO

Covetable oversized alcove studio with sunny East exposures. The large, square shaped living room easily accommodates multiple living arrangements and is adjacent to a king-size sleeping alcove outfitted with CitiQuiet soundproof windows. Both the kitchen and renovated bath with adjacent dressing room are windowed. There are new stainless appliances in the kitchen and a dishwasher may be added with board approval. The spa-like bath is outfitted with Roca tiles, Century Bathworks mirrored storage and Grohe fixtures including a rainfall head with hand wand. Additional niceties include high ceilings, Lutron dimmers, white oak hardwood floors, wonderful storage from two double wide closets and upgraded electric with a 60 amp 8-circuit panel.

Perfectly situated in the heart of Midtown, in the historic Murray Hill district, this intimate mid-century modern cooperative of 40 apartments has an elegant terrazzo stone lobby, dual entry video intercom security, live-in superintendent who accepts packages, central laundry, bicycle and private cage storage (fee). The building has completed major capital improvement projects including a new elevator and laundry room and is now wired for FiOS.

Shareholders welcome their proximity to Grand Central Station and the Midtown Tunnel, the East River ferry, St. Vartan Park's garden, athletic field, playground and basketball, handball and pickleball courts, AMC Kips Bay IMAX, Target, and many of the city's finest restaurants, boutiques and grocers, including Fairway Market and Trader Joe's. Guarantors, co-purchasing, pied-a-terre ownership and pets permitted.


Listing History for 242 East 38th Street, 5-E

Now
06/15/2026
$385,000
Sold and Closed by Daniel Kerin
Kleier Residential Inc.
03/13/2026
Contract Signed by Daniel Kerin
Kleier Residential Inc.

Building Details for 242 East 38th Street

OwnershipCo-op
Building TypeLow-Rise
Service LevelVirtual Doorman
AgePost-War
AccessElevator
Year Built1956
Financing Allowed80%
Floors/Apts6/41
Learn More About the Building

Transit and Citi Bike

Subway

Grand Central-42 St
0.27 miles
33 St
0.39 miles

Railroad

Grand CentralMetro-North Railroad
0.39 miles

Citi Bike

E 39 St & Lexington Ave
0.18 miles
1 Ave & E 38 St
0.19 miles

Ferry

East 34th Street
0.34 miles

Contact Agent

Contact Agent

Licensed As
Daniel Kerin
Salesperson
License#:
10401224654
Company:
Kleier Residential Inc.
Daniel Kerin
Kleier Residential Inc.
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.
OLR ID: 541633