--- title: "122 East 38th Street, New York City, NY 10016" description: "122 East 38th Street, New York City, NY 10016 — Townhouse in Murray Hill, Manhattan, NY. Listing Price $7,250,000. 5 bed, 7 bath, 980 sqft Illustrative Buyer Commission Share of $108,750 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10016/122-east-38th-street-ny-10016" source: "Real Estate Rebate Team" status: "Active" --- # 122 East 38th Street, New York City, NY 10016 Townhouse in Murray Hill, Manhattan, NY Courtesy of Corcoran Group ## At a Glance - **Listing Price**: $7,250,000 - **Beds**: 5 - **Total Baths**: 7 - **Sqft**: 980 - **Monthly Taxes**: $6,213 / mo - **Price per Sqft**: $7,398 - **Brokerage Fee**: Share Eligible ## The Private Brokerage Advantage As an independent luxury buyer representative, Régis shares 50% of the buyer-side commission he actually receives on your purchase. Eligible buyers receive that Buyer Commission Share directly at closing to offset closing costs, down payments, or renovations. The figures below are illustrative, based on a **3% buyer-broker commission**; your share follows the commission offered on the transaction. - **Contract Purchase Price**: $7,250,000 - **Illustrative Buyer Commission Share**: -$108,750* - **Illustrative Net Cost**: $7,141,250 *Illustrative Buyer Savings of $108,750 — 50% of a 3% buyer-broker commission, shared at closing.* [Request a private tour](https://realestaterebatesnewyork.com/contact) · [Estimate your Buyer Commission Share](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) ## Photos (10) ![122 East 38th Street, New York City, NY 10016 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/dd65554f-03e6-46e7-bac5-7f26fad87d20.jpg) ![122 East 38th Street, New York City, NY 10016 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/69e517e7-69a0-4571-abbe-ebeac6638644.jpg) ![122 East 38th Street, New York City, NY 10016 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/b7b53f20-c7f8-406c-978e-b127d3326e3c.jpg) ![122 East 38th Street, New York City, NY 10016 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/2ffd0fc0-6a83-4b52-bc26-51f47827aed9.jpg) ![122 East 38th Street, New York City, NY 10016 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/31d6cccf-40cc-4407-9dab-d14fd826ad44.jpg) ![122 East 38th Street, New York City, NY 10016 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/da842ecb-bbf9-4436-bc68-6e90bef9598d.jpg) ![122 East 38th Street, New York City, NY 10016 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/24530a2a-363c-443d-873b-b0c267a8389e.jpg) ![122 East 38th Street, New York City, NY 10016 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/62d3edc4-76b5-498b-85ad-edc2969faadc.jpg) ![122 East 38th Street, New York City, NY 10016 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/46fe5fcf-7136-48d9-af58-ee91bed064df.jpg) ![122 East 38th Street, New York City, NY 10016 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/0e3d8920-bf51-4ba3-8c76-d2a53394a87e.jpg) ## Property Overview A historic Manhattan townhouse defined by scale, character, and opportunity. Set in the heart of Murray Hill, this early 20th century townhouse spans approximately 6,500 square feet across six levels, plus cellar and roof. Rich in architectural detail and layered with history, the property presents a rare opportunity to restore, reimagine, or transform a classic New York townhouse into a truly bespoke residence. Originally purchased in 1906 by Mamie Lincoln Isham, granddaughter of Abraham Lincoln, the home has long been associated with purpose and forward thinking, later serving as the headquarters of an environmental nonprofit and the site of one of Manhattan's first green roofs. Original elements, including impeccably preserved decorative moldings, fireplaces, and a striking spiral staircase, reflect the home's origins, while ample windows allow natural light to flow throughout. The layout spans multiple levels of living, working, and private space, offering exceptional flexibility for a grand single-family home or live-work configuration. A private elevator services each level, and the scale and proportions of each floor allow for a wide range of design possibilities. The upper levels open to outdoor space, including a private terrace and rooftop retreat with views of the Chrysler Building and the Empire State Building. Thoughtful system upgrades, including high-efficiency mechanicals, advanced climate control, and integrated home automation, enhance comfort and energy performance while supporting a more sustainable footprint. Positioned moments from Park Avenue, Grand Central, and Midtown, the property is ideally situated on a quiet residential street. ## Property Details - **Property Type**: Mixed Use - **Beds**: 5 - **Total Baths**: 7 - **Rooms**: 12 - **Sqft**: 980 sqft - **Stories**: 6 - **Year Built**: 1920 - **Price per Sqft**: $7,398 - **Monthly Taxes**: $6,213 / mo - **Listed On**: Apr 21, 2026 - **Days on Market**: 144 Days ### Residence Features - Building Other - Washer Hookup - In Unit - Private Outdoor Space Over 60 Sqft - Smoke Free - Washer Dryer Allowed ## Property Tax History Taxes at 122 East 38th Street were $76,557 in 2026, up 3.6% from 2025. | Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate | | --- | --- | --- | --- | --- | --- | --- | | 2026 (FY 2026/27) | $726,300 | $398,250 | $328,050 | $711,360 | $76,557 | 10.762% (estimated) | | 2025 (FY 2025/26) | $701,550 | $398,250 | $303,300 | $686,970 | $73,932 | 10.762% (estimated) | | 2024 (FY 2024/25) | $691,650 | $398,250 | $293,400 | $691,650 | $74,435 | 10.762% | | 2023 (FY 2023/24) | $731,700 | $398,250 | $333,450 | $731,700 | $77,502 | 10.592% | | 2022 (FY 2022/23) | $705,600 | $398,250 | $307,350 | $705,600 | $75,118 | 10.646% | | 2021 (FY 2021/22) | $604,350 | $398,250 | $206,100 | $604,350 | $64,998 | 10.755% | | 2020 (FY 2020/21) | $819,450 | $398,250 | $421,200 | $789,750 | $84,456 | 10.694% | | 2019 (FY 2019/20) | $828,450 | $398,250 | $430,200 | $762,840 | $80,380 | 10.537% | | 2018 (FY 2018/19) | $814,950 | $398,250 | $416,700 | $727,830 | $76,524 | 10.514% | | 2017 (FY 2017/18) | $756,900 | $398,250 | $358,650 | $684,840 | $72,004 | 10.514% | | 2016 (FY 2016/17) | $729,000 | $398,250 | $330,750 | $677,100 | $71,597 | 10.574% | | 2015 (FY 2015/16) | $684,900 | $398,250 | $286,650 | $687,180 | $73,226 | 10.656% | | 2014 (FY 2014/15) | $653,400 | $398,250 | $255,150 | $705,000 | $75,322 | 10.684% | | 2013 (FY 2013/14) | $750,008 | $398,250 | $351,758 | $765,421 | $79,014 | 10.323% | | 2012 (FY 2012/13) | $718,200 | $398,250 | $319,950 | $806,220 | $82,944 | 10.288% | | 2011 (FY 2011/12) | $779,400 | $398,250 | $381,150 | $838,980 | $85,173 | 10.152% | | 2010 (FY 2010/11) | $774,000 | $398,250 | $375,750 | $787,500 | $81,207 | 10.312% | The City has not published the official FY2026/27 and FY2025/26 tax rates yet. We calculated the tax for those years using the prior year’s rate, so treat them as an estimate rather than a figure the City has adopted. Every rate without the Estimated marker is the published one. Tax Assessment is the assessed value on the City’s roll, and it is the figure other listing sites publish. It is not what the bill is calculated on. New York phases assessment changes in gradually for some tax classes, so the City bills the Billable Value shown beside it, less any exemption the owner holds. It usually trails the assessment, and it can sit above it for a few years after an assessment falls. Figures are the New York City Department of Finance assessment roll for tax lot 1008930078. Assessed and billable values are determined by the City for tax purposes and are not an appraisal or an estimate of market value. Tax classes and rates are set annually and can change. [How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology) ## About The Building ### 122 East 38th Street 122 East 38th Street, New York, NY 10016 A building in the neighborhood, currently featuring 1 active listing. - **Year Built**: 1920 - **Total Units**: 1 - **Floors**: 6 [View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/122-east-38th-street) ### Available Residences — For Sale (1) | Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [N/A](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10016/122-east-38th-street-ny-10016) | 5 | 2 | 980 sqft | $7,398 | $7,250,000 | Corcoran Group | Apr 21, 2026 | 143 days | ## Estimated Monthly Payment **$42,873 / month**, assuming a 20% down payment ($1,450,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $36,660 - **Property Taxes**: $6,213 Estimates only. Actual payments may vary. Confirm terms with your lender. ## Murray Hill Overview of Murray Hill [Explore Murray Hill](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/murray-hill) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods) ### Nearby Murray Hill - [Midtown real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/midtown) - [Kips Bay real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/kips-bay) - [Flatiron District real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/flatiron-district) - [Theater District real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/theater-district) - [Gramercy real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/gramercy) - [Stuyvesant Town real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/stuyvesant-town) ## Related Links - [122 East 38TH Street — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/122-east-38th-street) - [Murray Hill neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/murray-hill) - [Estimate your Buyer Commission Share and closing costs](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) - [Contact Régis Roumila](https://realestaterebatesnewyork.com/contact) --- > RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. > All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.