#RLS11029379, Matthew W Slosar, Listing Office: Douglas Elliman Real Estate

131 E 38th St New York City, NY 10016
Property details
About 131 E 38th St
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 a 6 figure net annual income for the residential owner, 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!
Highlights
Summary
- View: City
- Exterior: Balcony
- Architectural Style: Prewar, Walk-Up
- Cooling: Central Air
- List Price: $4,499,999
- Price/SqFt: $1,058
- Year Built: 1901
- Living Area: 4,250 SqFt
- MLS Number: RLS20019300
- MLS Name: RLS
- Office Name: EXP Realty NYC
- Office Phone: (917) 755-1414
- Listing Agent: Joshua Carter
- Agent Phone: (718) 594-3425
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Last updated on: 4/29/2025, 4:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$4,499,999
131 E 38th St
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Price information
Property sales
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Tax history
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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.
Neighborhood
The neighbors living near this home have an average income of $77,083. Most New York City, NY residents have annual incomes between $35k-100k. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.
Similar homes for sale
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: 0 bedroom, 0 bathroom. It has been listed on Rocket Homes since April 26, 2025 and is currently priced at $4,499,999.
In March 2025, from all listings sold in New York City, NY there were more than 180 sold above asking price, over 693 sold below and more than 763 were sold right at the asked price. The number of homes for sale in New York City, NY increased by 5.1% between February and March 2025. In March 2025 median list price was $869,492 and the average listing age was 143 days.