RealtyLens
for saleRealtyLens property overview
$925,000

35 E 38th St Apt 12B

Manhattan, NY, 10016
View more Manhattan, NY property pages
1Beds
1Baths
845Sqft
$1095$/sqft

Listing Notes

Investors Only - Tenant in place through March 2027 paying $5, 250 All open houses by appointment only - appointment must be requested with 48 hours notice Nestled between Park and Madison Avenues, this elegant high-floor residence at 35 East 38th Street offers 845 square feet of meticulously designed living space in a full-service boutique condominium. This 1-bedroom, 1-bathroom home could easily be converted to a 1 bedroom + home office/nursery, to fit your needs. This rare home is bathed in natural light through oversized windows, offering sweeping skyline views and a sense of serenity high above the city bustle. The layout seamlessly blends comfort and sophisticationideal for both everyday living and stylish entertaining. Inside, you'll find a spacious open-concept living and dining area with two exposures, a bonus alcove, and a massive primary bedroom, also with two exposures. The well-maintained, full-service building pampers residents with premium amenities, including: 24-hour doorman and concierge service Fitness center Parking Garage Laundry facilities Bike room and secure common storage Small dog friendly

Market Insights

Below nearby median-44%

$1095/sqft vs a nearby median of $1944/sqft.

Nearby median$1944/sqft
Nearby properties8
Property size845 sqft
  • -44% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 845 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$1.60M$1.45M$1.76M · 42% confidence
vs ask $925k−$677k (−73.2%)

Asking price is about 73.2% below the fair value — likely to draw competing offers if it's still on market.

$1,944/sqft median across 5 tight comps × 845 sqft= $1.64M
  • Days-on-market gravity−$49k −3.0%
  • Transit access+$41k +2.5%
  • High-density walkability+$33k +2.0%
  • Mid-century building era−$25k −1.5%
  • Visible condition issues−$25k −1.5%
  • Virtually staged−$16k −1.0%
Cumulative NYC adjustments−$41k−2.5%

Property Read

FreshnessCurrent market data

The listing facts are current enough for an initial property review.

Market Position-44% vs nearby

The asking price per square foot is below the nearby median, which can be worth a closer comp check.

Price MovementInitial price point

Price history is still limited; review again as more market activity becomes available.

Diligence Read3 items to check
AI ReadinessReady to analyze
Assistant read

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Generated from the facts shown on this page and nearby market data. Not a professional appraisal.

Listing Details

Days on market
237 days
Last price change
No change recorded
Listed
Sep 17, 2025
Photos
11 photos
Property type
condos
Status
for sale
Last sold
Sep 30, 1983 · $170,000

Features & Amenities

DoormanElevatorGymSecurity FeaturesDishwasherRecreation FacilitiesGarage 1 Or MoreRental PropertyOpen HouseViewsOpen ConceptHome OfficeOfficeDen

Photos

Building Facts

Year built
1961
Stories
13
Total units
114
Residential units
113
Building area
1.56 ac
Lot size
9,875 sqft
Land use
Multi-family elevator buildings
Building class
R4

From NYC public records where available.

Price History

May 4, 2026Initial record
$925,000for sale

You can also find this listing on StreetEasy.

Listing data sourced from streeteasy.com. RealtyLens enriches and contextualises it for you, but the original listing lives on the source.