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$4,895,100
List Price: $4,995,000
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131 East 38th Street
Townhouse in Murray Hill •  building info
5bd • 4ba • 4,250ft² $1,175 per ft²
Buy with Yoreevo

$4,895,100

List Price

$4,995,000

Key Details
Days on market
12
Last price change
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Estimated payment
$32,165/mo
Taxes
$3,750/mo
Maintenance
N/A
Description
Welcome to 131 East 38th Street - A Townhouse of Endless Possibility 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. 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. 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. 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. 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. 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.  Opportunity for "no expenses" derived from substantial income from ground floor professional office w single tenant and flexible terms. 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. 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. 3 outdoor spaces, rooftop, ground patio + backyard, balcony. Schedule your private showing today with the listing brokers, and imagine the story you'll write here.

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Important Stuff
Washer/Dryer in unit
Home features
Central Air
Private outdoor space

Private Garden

Building amenities
Services and facilities
Fios Available
Building info

History
What it'll cost
Purchase price
$4,995,000
Asking Price: $4,995,000
Term
30 Years
Down Payment
$499,000 (10%)
Min: 10% (499,000)
Rate
6.5 %
Mortgage Amount
$4,495,500
Mortgage Payment
$28,415
Taxes
$3,750
Estimated Yoreevo rebate
$99,900
Estimated closing cost
$189,000
Total monthly cost $32,165
Buy your dream home with us and get an estimated $99,900 rebate.
Rebates vary by sale price, market and are subject to a minimum commission.
Listing Courtesy of Brown Harris Stevens

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