$479,000
Updated 2 months ago
Off Market

242 East 38th Street, 2-A

Murray Hill, Manhattan | Third Ave & Second Ave

Alcove Studio 1 BathCo-op

$479,000
Maintenance$1,253

Listing Features

  • Corner Apartment
  • Dressing Area
  • Entry Foyer
  • Galley Kitchen
  • High Ceilings
  • Window Treatments
  • Adjoining Pantry
  • Dishwasher
  • S Steel Appliances
  • Windowed Kitchen

Outdoor space and views

  • Terrace [10'x21']
  • City Views
  • North Exposure
  • West 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, 2-A

LOFT-LIKE ALCOVE STUDIO WITH CORNER TERRACE

Coveted oversized alcove studio, one of only three apartments in the building with private outdoor space, enjoys sunny open exposures West and North across tree-lined 38th Street. The large square-shaped living room easily accommodates multiple living arrangements and is adjacent to a king-sized sleeping alcove. Both the kitchen and marble and subway tile bath are windowed. The kitchen is outfitted with a mirrored backsplash, stainless appliances and plentiful storage, including a pantry. A dishwasher may be added with board approval.

Closets have been reimagined with Elfa shelving and storage, including a home office with desk off the entrance gallery and an expansive open dressing room. The twenty foot corner terrace with charming brick facade is the perfect spot for al fresco dining. Additional niceties include high ceilings, white oak hardwood floors and blackout window treatments.

Located 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, Trader Joe's and the newly opened Lidl. Guarantors, co-purchasing, pied-a-terre ownership and pets permitted.


Listing History for 242 East 38th Street, 2-A

Now
06/25/2026
TOM by Daniel Kerin
Kleier Residential Inc.
04/06/2026
$479,000
Initial Price 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: 191191