118 E 37TH Street TH
$4,495,000
MLS# RLS20077520 · Murray Hill
Price reduced$5,500,000 to $4,495,000$1,005,000 (18.3%) off
Originally listed at $5,500,000. Price last reduced on June 23, 2026.
Listed March 16, 2026 · 229 days on the market
6 Beds 6 Baths 5,735 Sq.Ft.
About This Property
Located on a quiet, tree-lined block in the heart of Murray Hill, 118 East 37th Street is a classic Manhattan townhouse configured as a five-unit income property with flexible living and investment potential. The building is currently arranged with a spacious owner's triplex spanning the garden, parlor, and second floors, plus four additional rental units above and at the front of the second floor. The garden level has been used as doctor's office and opens to a south-facing private garden, creating an ideal live and work environment. The parlor floor features kitchen and living space, while the second floor provides bedroom accommodations and access to a private terrace overlooking the garden. At the front of the second floor is a separate studio apartment. The third and fourth floors each offer floor-through two-bedroom apartments with excellent natural light and striking views of the Chrysler Building. This versatile property offers numerous possibilities for the next owner. The existing layout works well as an income-producing investment, while the generous townhouse proportions also allow for reconfiguration into a larger owner's residence with rental income, or potentially a single-family conversion. Situated in the center of Murray Hill, the property enjoys close proximity to Grand Central Terminal, Midtown offices, and some of Manhattan's most vibrant dining and neighborhood amenities. Known for its historic brownstones, convenient transportation, and central location, Murray Hill continues to attract residents seeking the charm of townhouse living within easy reach of Midtown and the East River waterfront.
Curtis Bain
Brown Harris Stevens
Property Features
Home features
- Washer/dryer in unit
- Fireplace
- City view
- Private garden
- Private outdoor space (over 60 sq ft)
Estimate
Monthly Cost & Closing Costs
The rate is a placeholder, not a quote. Enter the one your lender gives you.
$22,729 / month
- Principal and interest$22,729
Due at closing
- Down payment (20%)$899,000
- NYS “mansion tax” (1.5%)$67,425
- Mortgage recording tax (1.925%)$69,223
Not included: attorney, title insurance, lender and appraisal fees, board application and move-in fees, flip tax and prepaid items. Estimates only, based on the published New York State rates. Your attorney and lender will confirm the real figures.
Gallery
Property Photos
Listing Courtesy of Leslie J Garfield & Co Inc
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 The Real Estate Board of New York, Inc., All rights reserved.