242 E 38TH Street 2A
Manhattan, NY, 10016 $ 479,000
Baths1.0 Monthly Estimate*
$ 2,988
Studio for $479,000 with 1 full bath. This home was built in 1955.
RARΕ TΟ MΑRKΕΤ ΑLCOVE STUDΙΟ WΙΤH CΟRNER 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.
Closets have been reimagined with Elfa shelving and storage, including an expansive dressing room and home office with desk off the entrance gallery. 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 and Trader Joe's. Guarantors, co-purchasing, pied-a-terre ownership and pets permitted.
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List ByDaniel Ancel KerinListing Agent
Kleier Residential IncBroker
Affordability Calculator
- Monthly Principal & Interest
- $2,988
- Monthly Property Taxes
- --
- Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCo-op listings in Manhattan, NY
Average List Price $1,810,774
Percent of Sale Price 278%
About Manhattan, NY 1,662,179 Population
8% Since 2002
$ 86,055 Median Income
39.14 Median Age
16% Households with Children
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0 Elementary School
0 Middle School
Pricing History| Date | Price | Price Change | Description |
|---|
| 9/30/2025 | $479,000 | -3.82% | Price Down |
| 8/18/2025 | $498,000 | | Listed Price |