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$400,000
MLS# RLS20110790 · Murray Hill
Listed August 26, 2026 · 62 days on the market
0 Beds 1 Baths
Welcome to Residence 4E at 242 East 38th Street — an oversized alcove studio nestled on the fourth floor of a quiet and well-maintained cooperative in the heart of Murray Hill.
This thoughtfully laid out home features an expansive living and dining area with ample space for a full-sized sofa, entertainment setup, and dining table, making it ideal for both relaxing and entertaining. The separate sleeping alcove comfortably accommodates a queen-sized bed, while the dedicated dressing area adds an elegant and functional touch to the layout.
Additional highlights include abundant closet space throughout, providing exceptional storage rarely found in studio living. The cooperative offers the convenience of a live-in superintendent, on-site laundry facilities, and a pet-friendly policy.
Perfectly situated near Grand Central Terminal, this centrally located home provides easy access to multiple transportation options, as well as an array of restaurants, cafés, and neighborhood conveniences right outside your door.

Curtis Bain
Brown Harris Stevens
Services and facilities
Estimate
The rate is a placeholder, not a quote. Enter the one your lender gives you.
$3,123 / month
Co-op share loans aren't subject to mortgage recording tax. 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
Listing Courtesy of Compass
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.
242 E 38th Street is a 6-story elevator cooperative in Murray Hill, completed in 1955 and home to 40 residential units. The most recent major alteration on record was in 1982.
The closest subway is Grand Central-42 St (4, 5, 6, 7, S), about a 8-minute walk. St. Vartan Park is roughly 3 minutes away on foot.
Compiled from NYC public records and open data.
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242 E 38th Street 4E
Walking times are estimates. Schools shown are the nearest public and charter schools and are not zone assignments; a nearby school is not necessarily the one an address is zoned for. Confirm zoning with the NYC Department of Education. Sources: MTA, NYC Parks and NYC Department of City Planning open data.
The Neighborhood
Murray Hill is covered by our Midtown East guide.
Iconic residential towers with sweeping skyline views in the heart of Manhattan's most prestigious corridor.
Walkability
9/10
Public transit
10/10
Schools
7/10
Dining
9/10
Groceries & parks
7/10
UNIS draws a global student body and offers an internationally recognized curriculum. Families also benefit from proximity to Upper East Side private schools within a short commute.
Private schools in the area include United Nations International School.
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