Check Availability
$4,499,999
↓ $450K (9.1%)
House - For Sale

131 E 38th Street

Manhattan, NY 10016
bedrooms
Studio
bathrooms
0 Bath
square feet
4250 Sqft
$25,846
Est. Monthly
-0.12%
Cap Rate

About This Property

Discover the charm and versatility of 131 E 38th St, a stately 5-story townhome located in the heart of Murray Hill. Rich in character and brimming with possibilities, this property is perfect for those looking to create their dream home or invest in a prime Manhattan location.

Currently configured as a single-family residence with a thriving garden-level dental practice that generates a 6 figure net annual income for the residential owner, this property offers a unique blend of personal living space and professional opportunity.

Features:
Expansive Layout: Five bedrooms, four bathrooms, and multiple office spaces provide ample room for living, working, and entertaining.

Timeless Charm: Classic details throughout the home create a warm, inviting atmosphere while offering opportunities for thoughtful updates to match your style.

Outdoor Living: A landscaped backyard and a parlor-level balcony overlooking the garden offer rare outdoor retreats in the heart of the city.

Flexibility: Whether you envision a luxurious single-family residence, a live-and-work setup, or a creative reconfiguration, the possibilities are endless.

Prime Location
Situated just moments from Grand Central Station and the United Nations, this townhouse offers unparalleled convenience. Enjoy easy access to transportation, dining, shopping, and cultural landmarks-all while retreating to your private urban sanctuary.

Your Opportunity Awaits
With its income potential, strategic location, and opportunities for customization, 131 E 38th St is a rare find in today's market. Whether you're seeking a home to personalize or an investment to grow, this property is your blank canvas.

Schedule a private showing today and imagine the possibilities that await at 131 E 38th St!
Unit Size
4,250Ft²
Days on Market
68 days
Land Size
-
Price per sqft
$1,059
Property Type
House
Property Taxes
$3,750
HOA Dues
-
Year Built
1901

Listed By

Payment Calculator

Cap Rate Calculator

Last updated: 19 days ago (RLS #RLS11024256)

Price History

Date / Event Date Event Price
Jan 24, 2025 Price Decreased $4,499,999
↓ $450K (9.1%)
Price Decreased
Dec 5, 2024 Listed by EXP Realty NYC $4,950,000
Listed by EXP Realty NYC
Dec 4, 2024 Sold
Sold
Nov 19, 2024 Relisted $4,950,000
Relisted
Nov 17, 2024 No longer available -
No longer available
Show More

Property Highlights

Air Conditioning
With View
Interior Details
Laundry Features: See Remarks
Exterior Details
Square Footage: 4250
Architectural Style: Prewar, WalkUp
Year Built: 1901
Building Area Total: 4250
Building Area Units: Square Feet
Patio and Porch Features: Balcony, Rooftop
Lot Size Area: 1881
Lot Size Units: Square Feet
Lot Size Dimensions: 19.00 x 99.00
Tax Lot: 28
Financial Details
Tax Annual Amount: $45,000
Utilities Details
Cooling Type: Central Air

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Multifamily
Stu
-
4,250 ft²
$1/ft²
$2,999 Sep 9, 2024
$2,999 Dec 4, 2024
$3,750/mo
House
Stu
-
-
$4,625,000 Mar 31, 2017
$4,625,000 Sep 22, 2017
-
Townhouse
Stu
-
-
$5,375,000 Mar 14, 2014
$5,375,000 Oct 22, 2014
-
House
Stu
-
-
$4,080,000 Jun 4, 2019
$4,080,000 Oct 17, 2019
-
House
5 Beds
5 Baths
3,920 ft²
$1,122/ft²
$4,400,100 Aug 5, 2021
$4,400,100 Oct 13, 2021
-
Townhouse
5 Beds
4 Baths
5,000 ft²
$990/ft²
$4,950,000 Jun 11, 2024
$4,950,000 Nov 1, 2024
$5,025/mo
Townhouse
4 Beds
3 Baths
4,080 ft²
$1,164/ft²
$4,750,000 Apr 5, 2024
-
$3,042/mo
Condo
1 Bed
2 Baths
2,700 ft²
$1,481/ft²
$4,000,000 Nov 7, 2024
-
$5,250/mo
House
2 Beds
2 Baths
3,120 ft²
$1,362/ft²
$4,250,000 Dec 11, 2024
-
$3,333/mo
Townhouse
5 Beds
6 Baths
5,695 ft²
$913/ft²
$5,200,000 Nov 20, 2024
-
$6,597/mo
Condo
4 Beds
4 Baths
2,900 ft²
$1,724/ft²
$4,999,000 Nov 14, 2023
-
$4,465/mo
Multifamily
3 Beds
3 Baths
3,220 ft²
$1,303/ft²
$4,195,000 Oct 18, 2024
-
$6,962/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20240909
09/09/2024
Studio
-
4250 ft²
$5,100,000
bedrooms
Studio
bathrooms
-
square feet
4250 ft²
$2,999 -99.94%
12/04/2024
-
Joshua Carter
EXP Realty NYC

Building Info

131 East 38th Street 131 East 38th Street, New York, NY 10016
  • 1 Units
  • 1 Unit for Sale
More about this Building
131 East 38th Street
Want to find out who owns 131 East 38th Street, New York, NY 10016? Get detailed property transactions here .

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