Discover the charm and versatility of 131 E 38th St, a stately 5-story townhome located in the heart of Murray Hill. Rich in character and brimming with possibilities, this property is perfect for those looking to create their dream home or invest in a prime Manhattan location.<br><br>Currently configured as a single-family residence with a thriving garden-level dental practice that generates $15,000/month in income, this property offers a unique blend of personal living space and professional opportunity.<br><br>Features:<br>Expansive Layout: Five bedrooms, four bathrooms, and multiple office spaces provide ample room for living, working, and entertaining.<br><br>Timeless Charm: Classic details throughout the home create a warm, inviting atmosphere while offering opportunities for thoughtful updates to match your style.<br><br>Outdoor Living: A landscaped backyard and a parlor-level balcony overlooking the garden offer rare outdoor retreats in the heart of the city.<br><br>Flexibility: Whether you envision a luxurious single-family residence, a live-and-work setup, or a creative reconfiguration, the possibilities are endless.<br><br>Prime Location<br>Situated just moments from Grand Central Station and the United Nations, this townhouse offers unparalleled convenience. Enjoy easy access to transportation, dining, shopping, and cultural landmarks—all while retreating to your private urban sanctuary.<br><br>Your Opportunity Awaits<br>With its income potential, strategic location, and opportunities for customization, 131 E 38th St is a rare find in today’s market. Whether you’re seeking a home to personalize or an investment to grow, this property is your blank canvas.<br><br>Schedule a private showing today and imagine the possibilities that await at 131 E 38th St!
Property Details
Property Features
Property Information:
Architectural Style: Prewar, Walk-Up
Year Built: 1901
Living Area: 4,250 SqFt
Listing Office:
Office Name: EXP Realty NYC
Office Phone: (917) 755-1414
Listing Agent: Joshua Carter
Agent Phone: (718) 594-3425
Exterior Features
Exterior Information:
View: City
Exterior: Balcony
Utilities
Utilities Information:
Cooling: Central Air
Price Information
Listing Price Info
Price Summary:
List Price: $4,950,000
Price Per SqFt: $1,165/SqFt
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in New York, NY.
Listing information for certain New York City properties provided courtesy of the Real Estate Board ofNew York’s Residential Listing Service (the “RLS”). The information contained in this listing has not beenverified by the RLS and should be verified by the consumer. The listing information provided here is forthe consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property.
This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available. Last updated on: 12/22/2024, 7:20:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$24.7K
Per Month
Principal & Interest
$24.7K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$14.9K
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
7
/10
P.S. 116 Mary Lindley Murray School
210 E 33rd St
Distance between this listing and this school0.29 miles
Public District Grades KG-5
9
/10
The River School
425 E 35th St
Distance between this listing and this school0.39 miles
Public District Grades PK-4
8
/10
P.S. 59 Beekman Hill International School
231 E 56th St # 249
Distance between this listing and this school0.94 miles
Public District Grades KG-5
Nearby Schools
4
/10
The 47 American Sign Language and English Lower School
223 E 23rd St
Distance between this listing and this school0.75 miles
Public District Grades PK-8
7
/10
J.H.S. 104 Simon Baruch School
330 E 21st St
Distance between this listing and this school0.92 miles
Public District Grades 6-8
9
/10
Middle School 255 Salk School of Science
320 E 20th St
Distance between this listing and this school0.94 miles
Public District Grades 6-8
Nearby Schools
5
/10
Murray Hill Academy
111 E 33rd St
Distance between this listing and this school0.25 miles
Public District Grades 9-12
4
/10
Manhattan Academy for Arts and Languages
111 E 33rd St
Distance between this listing and this school0.25 miles
Public District Grades 9-12
8
/10
Unity Center for Urban Technologies
111 E 33rd St
Distance between this listing and this school0.25 miles
The neighbors living near this home have an average income of $77,083. The most common annual income of people living in New York, NY is between $35k-100k. Most families are single, no kids. The majority of residents in this area have post secondary degree education.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 131 E 38th St in New York City, NY and zip code 10016 in the Murray Hill neighborhood. This 4,250 square foot home was built in 1901. It has been listed on Rocket Homes since December 06, 2024 and is currently priced at $4,950,000.
Over 220 listings were sold over their listed price in November 2024 in New York, NY. In the same period over 758 listings were sold below the listed price and 769 listings were sold for the listed price. In November 2024 in New York, NY there were 7.2% less homes for sale than in October 2024. Listings spent 85 days on the market in November 2024, and had a median list price of $850,115 during the same period.
From Rocket Homes Real Estate and based on county public records data.
©2024 The Real Estate Board of New York, Inc., All rights reserved. Website powered by IHR Technology Services. 
Art Museums
Art Museums
Music Concerts
Hiking/backpacking
Bloomingdales
H&M
Crate & Barrel
Starbucks
Chipotle
Boston Market
Audi
Volkswagen
BMW
News
Rhythmic Contemporary Hits