The listing facts are current enough for an initial property review.
242 E 38th St Apt 2A
Listing Notes
LOFT-LIKE ALCOVE STUDIO WITH CORNER TERRACE Coveted oversized alcove studio, one of only three apartments in the building with private outdoor space, enjoys sunny open exposures West and North across tree-lined 38th Street. The large square-shaped living room easily accommodates multiple living arrangements and is adjacent to a king-sized sleeping alcove. Both the kitchen and marble and subway tile bath are windowed. The kitchen is outfitted with a mirrored backsplash, stainless appliances and plentiful storage, including a pantry. A dishwasher may be added with board approval. Closets have been reimagined with Elfa shelving and storage, including a home office with desk off the entrance gallery and an expansive open dressing room. The twenty foot corner terrace with charming brick facade is the perfect spot for al fresco dining. Additional niceties include high ceilings, white oak hardwood floors and blackout window treatments. Located in the heart of Midtown, in the historic Murray Hill district, this intimate mid-century modern cooperative of 40 apartments has an elegant terrazzo stone lobby, dual entry video intercom security, live-in superintendent who accepts packages, central laundry, bicycle and private cage storage (fee). The building has completed major capital improvement projects including a new elevator and laundry room and is now wired for FiOS. Shareholders welcome their proximity to Grand Central Station and the Midtown Tunnel, the East River ferry, St. Vartan Park's garden, athletic field, playground and basketball, handball and pickleball courts, AMC Kips Bay IMAX, Target, and many of the city's finest restaurants, boutiques and grocers, including Fairway Market, Trader Joe's and the newly opened Lidl. Guarantors, co-purchasing, pied-a-terre ownership and pets permitted.
Market Insights
Comparable price-per-square-foot data is still developing for this home.
- 12 nearby properties available for comparison.
- Price history is limited, so current comps matter more than trend alone.
- Square footage is missing, so valuation should lean more heavily on comps and condition.
Estimated Monthly Payment
Assumes 20% down, 7.00% APR over 30 years. Tax and insurance are national-average estimates — your lender quote will differ.
- Principal & interest$2,549
- Property tax (est.)$439
- Home insurance (est.)$160
Property Read
Nearby inventory exists, but square-footage or price data is incomplete for a clean median comparison.
Price history is still limited; review again as more market activity becomes available.
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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
- 36 days
- Last price change
- No change recorded
- Listed
- Apr 6, 2026
- Photos
- 10 photos
- Property type
- coop
- Status
- for sale
- Last sold
- Jul 24, 2019 · $446,078
Features & Amenities
Photos
Building Facts
- Year built
- 1955
- Stories
- 6
- Total units
- 44
- Residential units
- 40
- Building area
- 30,662 sqft
- Lot size
- 6,287 sqft
- Land use
- Multi-family elevator buildings
- Building class
- D4
From NYC public records where available.