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$4,995,000

131 E 38th St New York City, NY 10016

5 beds
4 full
4,250 sqft
$1,175 / sqft
House

Property details

About 131 E 38th St

<br> <br> Welcome to 131 East 38th Street - A Townhouse of Endless Possibility<br> <br> 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.<br> <br> 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 4,250 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.<br> <br> 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.<br> <br> 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.<br> <br> 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.<br> <br> 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.&nbsp;&nbsp;Opportunity for "no expenses" derived from substantial income from ground floor professional office w single tenant and flexible terms.<br> <br> 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.<br> <br> 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.<br> <br> 3 outdoor spaces, rooftop, ground patio + backyard, balcony.<br> <br> Schedule your private showing today with the listing brokers, and imagine the story you'll write here.<br> <br> <br>

Highlights

Home typeSingle Family Residence
StatusActive
CoolingCentral Air
Size4,250 sqft
Year built1901
MLS #RLS20039564
ViewOther

Summary

  • Full Bathrooms: 4
  • Basement: No
  • Interior: Smoke Free
  • Total Bedroom Count: 5
  • View: Other
  • Exterior: Private Outdoor Space Over 60 Sqft
  • Architectural Style: Walk-Up
  • Cooling: Central Air
  • List Price: $4,995,000
  • Price/SqFt: $1,175
  • Year Built: 1901
  • Living Area: 4,250 SqFt
  • MLS Number: RLS20039564
  • MLS Name: RLS
  • Office Name: Brown Harris Stevens Residential Sales LLC
  • Office Phone: (212) 906-9234
  • Listing Agent: Mark D Friedman
  • Agent Phone: (212) 381-2379

The Real Estate Board of New York, Inc., All rights reserved. Website powered by IHR Technology Services.
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 been verified 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 consumers' 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
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: 8/1/2025, 5:30:37 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

We're sorry, we currently don't have tax history data for this listing.

Nearby schools

7

P.S. 116 Mary Lindley Murray School

Public District KG-5

0.3 mi

210 E 33rd St

8

The River School

Public District PK-4

0.4 mi

425 E 35th St

8

P.S. 59 Beekman Hill International School

Public District KG-5

0.9 mi

231 E 56th St # 249

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $77,083. Residents of New York City, NY typically earn between $35k-100k each year. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

22%
<35k
35%
35k-100k
26%
100k-200k
17%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

81%
Single, No Kids
1%
Single, with Kids
13%
Married, No Kids
5%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

4%
<11 yrs old
1%
12-17 yrs old
48%
18-34 yrs old
33%
35-64 yrs old
14%
65+ yrs old

What do the neighbors do for fun?

  • Art MuseumsArt Museums
  • Music ConcertsMusic Concerts
  • Hiking/backpackingHiking/backpacking

Where do the neighbors shop?

  • BloomingdalesBloomingdales
  • H&MH&M
  • Crate & BarrelCrate & Barrel

Where do the neighbors go to eat?

  • StarbucksStarbucks
  • ChipotleChipotle
  • Boston MarketBoston Market

What do the neighbors drive?

  • AudiAudi
  • VolkswagenVolkswagen
  • BMWBMW

What do the neighbors listen to?

  • NewsNews
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • AlternativeAlternative
All data provided by Home Junction and Claritas

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Frequently asked questions

About 131 E 38th St

The listing price of 131 E 38th St property is $4,995,000.

The property 131 E 38th St is a house located in New York City, New York, 10016.

Active Listing: 131 E 38th St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 131 E 38th St are: P.S. 116 Mary Lindley Murray School (GreatSchools Rating 7/10), The River School (GreatSchools Rating 8/10), P.S. 59 Beekman Hill International School (GreatSchools Rating 8/10), The 47 American Sign Language and English Lower School (GreatSchools Rating 4/10), J.H.S. 104 Simon Baruch School (GreatSchools Rating 8/10), Middle School 255 Salk School of Science (GreatSchools Rating 9/10), Murray Hill Academy (GreatSchools Rating 5/10), Manhattan Academy for Arts and Languages (GreatSchools Rating 4/10), Unity Center for Urban Technologies (GreatSchools Rating 8/10).

The property at 131 E 38th St has 5 bedrooms and 4 bathrooms.

The property 131 E 38th St is 4,250 SqFt (source: MLS/tax record).

The year of construction for 131 E 38th St is 1901.

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. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since July 29, 2025 and is currently priced at $4,995,000.

While more than 263 listings in New York City, NY in July 2025 were sold above asking price, there were more than 1044 listings sold at asking price, and more than 785 were sold below. Between June and July 2025, New York City, NY real estate market has seen decrease in the number of listings by 4.5%. In July 2025, listings were on the market for 93 days. During the same period, the median list price in this real estate market was $885,713.

From Rocket Homes Real Estate and based on county public records data.

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