Skip main navigation
In contract
  • $4,798,000

    131 E 38th St, New York, NY 10016

    5beds
    4,000sqft
    Loading
    Single Family Residence
    Built in 1901
    -- sqft lot
    $-- Zestimate®
    $1,200/sqft
    $-- HOA

    What's special

    Second-story balconyStately brick facadeOriginal detailsLandscaped gardenGround patioFive spacious bedroomsFlexible rooms
    Welcome to 131 East 38th Street - A Townhouse of Endless Possibility In the heart of Murray Hill, nestled on a quiet, tree-lined street minutes from Grand Central, stands a townhouse that tells a story of timeless character and modern potential. 131 East 38th Street is more than a property-it's a canvas for your vision, a residence where life, work, and inspiration converge. From the moment you arrive, the home's stately brick facade and classic architecture speak to a bygone era of craftsmanship and grace. Step inside, and you're greeted by nearly 4,000 square feet of space that feels both grand and intimate, where original details-hardwood floors, intricate moldings, soaring ceilings-offer a rich backdrop for whatever future you imagine. Today, the home functions as a single-family residence with a thriving dental practice on the garden level-a setup that quietly generates substantial income without disrupting the tranquility of the home above. It's a rare hybrid: a sanctuary that pays dividends, a space that supports both personal dreams and professional ambitions. As you explore its five floors, you'll find five spacious bedrooms, four full bathrooms, and an array of flexible rooms perfect for offices, studios, or creative retreats. Whether you dream of hosting elegant dinners in the parlor or unwinding in a sunlit reading nook, the layout adapts effortlessly to your lifestyle. Step outside, and you're in one of Manhattan's rarest luxuries: a landscaped garden, tucked away from the city's pulse yet close enough to feel its energy. A second-story balcony overlooks this green escape, offering a perfect morning coffee perch or sunset retreat. The home's versatility is perhaps its most exciting feature. Reimagine it as a luxurious single-family residence, continue the live/work model, or explore a fresh configuration altogether-the structure, zoning, and location support countless possibilities. Opportunity for "no expenses" derived from substantial income from ground floor professional office w single tenant and flexible terms. And then, there's the location. Just a short distance from the United Nations, Bryant Park, and the cultural heartbeat of Midtown, 131 East 38th offers immediate access to the best of New York. Yet when you return home, the city melts away behind the townhouse's historic doors. This is more than a place to live-it's a rare opportunity to build a life exactly as you envision it. With income potential, architectural charm, and an unbeatable address, 131 East 38th Street is where your next chapter begins. 3 outdoor spaces, rooftop, ground patio + backyard, balcony. Imagine the story you'll write here.
    359 days
    |
    539
    |
    16
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Brown Harris Stevens 212-381-2379,

    Mark D Friedman,

    Richard Rosenthal

    Source: StreetEasy,MLS#: S1783200

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 4
      • Full bathrooms: 2
      • 1/2 bathrooms: 2
      Cooling
      • Central Air
      Features
      • Has fireplace: No
      Interior area
      • Total structure area: 4,000
      • Total interior livable area: 4,000 sqft
      Video & virtual tour

      Property

      Features
      • Patio & porch: Other
      • Exterior features: Garden
      Details
      • Parcel number: 008940028
      • Special conditions: Resale

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Condition
      • Year built: 1901

      Community & HOA

      Community
      • Subdivision: Murray Hill
      Location
      • Region: New York

      Financial & listing details

      • Price per square foot: $1,200/sqft
      • Tax assessed value: $4,240,000
      • Annual tax amount: $49,608
      • Date on market: 7/28/2025

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $9,235/mo

        Price history

        DateEventPrice
        7/6/2026Contingent$4,798,000$1,200/sqft
        Source: StreetEasy #S1783200 Report a problem
        12/30/2025Price change$4,798,000-3.9%$1,200/sqft
        Source: StreetEasy #S1783200 Report a problem
        7/28/2025Listed for sale$4,995,000+166455.5%$1,249/sqft
        Source: StreetEasy #S1783200 Report a problem
        12/4/2024Sold$2,999-99.9%$1/sqft
        Source: eXp Realty #215013891 Report a problem
        10/14/2011Sold$2,800,000-5.1%$700/sqft
        Source: Public Record Report a problem
        7/26/2011Pending sale$2,950,000$738/sqft
        Source: MKRS - MASSEY KNAKAL REALTY REBNY Report a problem
        3/3/2011Price change$2,950,000+147499900%$738/sqft
        Source: MKRS - MASSEY KNAKAL REALTY REBNY Report a problem
        2/25/2011Price change$2-100%
        Source: MKRS - MASSEY KNAKAL REALTY REBNY Report a problem
        2/18/2011Listed for sale$2,950,000$738/sqft
        Source: MKRS - MASSEY KNAKAL REALTY REBNY Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$47,609 -11.4%$254,400 +13.8%
        2024$53,740 -2%$223,620 -11.4%
        2023$54,852 $252,420 -5.7%
        2022-- $267,720 -6.9%
        2021-- $287,700 -7.3%
        2020-- $310,380 +2.4%
        2019$49,159 +4.4%$303,000 +34.6%
        2018$47,083 +8.8%$225,074 +6%
        2017$43,285 +2%$212,336
        2016$42,448 $212,336 +3.5%
        2015$42,448 +75.7%$205,147 +6%
        2014$24,160 $193,536 +3.2%
        2013-- $187,562 +6%
        2012-- $176,947
        2011-- $176,947 +3.5%
        2010-- $170,956 +6%
        2009-- $161,280 +3.2%
        2008-- $156,302 +6%
        2007-- $147,456
        2006-- $147,456 +3.5%
        2005-- $142,464 +6%
        2004-- $134,400 +3.2%
        2003-- $130,252 +6%
        2002-- $122,880
        2001-- $122,880 +3.5%
        2000-- $118,720
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Murray Hill

        Getting around

        97 / 100
        Walker's Paradise
        100 / 100
        Rider's Paradise
        74 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts

        Similar homes