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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. ©2025 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 for no listing shall the number of bedrooms listed be considered a legal conclusion.

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  1. Home
  2. Buy
  3. New York City
  4. Manhattan
  5. 10016
  6. 123 East 37TH Street #1A
Property thumbnail
1 / 5
Stock Cooperative•Murray Hill

123 East 37TH Street #1A, New York City, NY 10016

Listing Courtesy of Douglas Elliman Real Estate

$449,000

Potential Rebate: $6,735

Stock Cooperative
Studio
1 Bath
2 Rooms
575 sqft
Built 1940
15 Stories
781/ft²
Listed on Oct 27, 2025
60 days on market
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Overview

<p>&nbsp;</p> <p>Welcome to Apt 1A at The Lindley House, a charming one-bedroom apartment located in the heart of Murray Hill at 123 E 37th St. This 575 square foot unit is situated on the first floor of a well-maintained 15-story building that was originally built in 1940 and converted in 1983, providing a blend of classic architecture with modern amenities. </p> <p> The apartment features a spacious sunken living room with original hardwood floors, a large entry foyer highlighted by elegant iron railings, and a conveniently located windowed kitchen equipped with new appliances. The layout includes a separate dressing room that is thoughtfully built out, offering ample storage space to meet your organizational needs. The bathroom has been recently upgraded, incorporating a heated floor for added comfort, along with modern finishes. Additionally, all closets have been built out for efficient use of space. </p> <p> This unit is situated within a luxury cooperative that includes an array of desirable building amenities. Residents of The Lindley House benefit from the convenience of a 24-hour attended elevator and doorman services, ensuring safety and ease of access. A live-in superintendent is available to assist with building needs, while the well-maintained laundry room, storage room, and bike room provide practical solutions for everyday living. The beautifully landscaped roof deck offers residents stunning views of the Empire State and Chrysler buildings, making it an ideal spot for relaxation or entertaining guests. The building is also pet friendly, accommodating those who wish to share their home with a furry companion. </p> <p> Located between Lexington and Park Avenue, The Lindley House places you in proximity to Murray Hill's vibrant shops, restaurants, and grocery stores. Additionally, Grand Central Station is just a short walk away, offering convenient transportation options. This apartment merges comfort and convenience in a desirable neighborhood, making it an excellent choice for anyone seeking a new home in New York City.</p> <p>&nbsp;</p>

Home Features

  • •Window Unit(s)
  • •Building In Basement
  • •Private Outdoor Space Over 60 Sqft
  • •Dining Area

Estimated Monthly Payment

$3,790 per month

30 year fixed, 6.28% Interest

Principal and Interest
$2,219
Property Taxes
$0
Maintenance/Common Charges
$1,571

Estimated Rebate for this Home

One-time rebate at closing

$6,735

Monthly savings impact

$19/mo

💡 Estimated at 1.5% of purchase price

The rebate is paid to you at closing and can help offset closing costs or other expenses.

Calculator Disclaimer: This calculator provides estimates for informational purposes only. Actual monthly payments, interest rates, taxes, and rebate amounts may vary. The rebate calculation is an estimate and subject to final terms. This information is not provided by the Real Estate Board of New York (REBNY).

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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. ©2025 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 for no listing shall the number of bedrooms listed be considered a legal conclusion.

The Real Estate Rebate Team

Listing Courtesy of Douglas Elliman Real Estate

Data Source: TRESTLE #RLS20056765

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Price Analysis

Compare average listing prices and value metrics for Lindley House against the surrounding Murray Hill market.

Based on 3 active units in building vs 210 in area

Average List Price

Building$558.0K
Neighborhood$1.4M

Price Per SqFt

Building Avg$906/ft²
Neighborhood Avg$8,382/ft²
Value Opportunity

89.20% Lower

than the Murray Hill price-per-sq-ft average

Units in this building are listed below the neighborhood average, potentially offering better value per square foot compared to surrounding properties.

Murray Hill

Overview of Murray Hill

Murray Hill is a charming, somewhat relaxed enclave on the East Side of Manhattan, spanning roughly from 34th to 40th Streets. Known for its recent college graduate population, it also boasts historic districts with stunning townhouses. For those seeking Murray Hill Manhattan real estate, the neighborhood usually offers more space for your money than its neighbors.

Living in Murray Hill, Manhattan offers a residential vibe that feels distinct from the corporate towers of Midtown to the north. It is a mix of high-rise apartment complexes and tree-lined blocks of brownstones. As a popular Manhattan NYC neighborhood, it strikes a balance between a lively bar scene on Third Avenue and quiet, upscale living on Park Avenue.

Real Estate & Housing Market

The market for homes for sale in Murray Hill is viewed as a value pocket in Manhattan. You can find everything from affordable post-war co-op studios to multi-million dollar historic townhouses in the Murray Hill Historic District. It attracts a wide demographic, from young finance professionals renting their first apartments to established families owning entire brownstones.

The "Corinthian" and other condo towers offer full-service luxury living. The area is steady and reliable for investment, with strong rental demand from the nearby medical mile (NYU Langone) and UN workers. Prices here are generally more accessible than in Flatiron or Gramercy.

Lifestyle & Community

The lifestyle in Murray Hill is social and active. The neighborhood is famous for its nightlife along Third Avenue, which is bustling with sports bars and restaurants. However, west of Lexington Avenue, the vibe transforms into one of quiet elegance, with carriage houses and diplomatic residences.

Community amenities are strong, with the St. Vartan Park providing a local playground and sports courts. The proximity to Grand Central makes it a convenient choice for commuters, while the varied housing stock allows residents to "move up" within the neighborhood as they progress in their careers.

Transportation & Accessibility

Murray Hill is well-served by transportation. The 4, 5, 6, 7, and S trains at Grand Central are a short walk away, as is the 33rd St station for the 6 train. The neighborhood is also a hub for the select bus service, making crosstown travel easier.

Access to the Midtown Tunnel allows for quick escapes to Long Island and the airports. For daily commuting to Wall Street or Upper East Side, the Lexington Avenue line (4/5/6) is the lifeline of the neighborhood.

Parks, Schools & Amenities

While green space is at a premium, St. Vartan Park is a beloved community hub. The East River Ferry at 34th Street is a game-changer, connecting residents to Brooklyn, Queens, and Wall Street via a scenic boat ride.

The area is home to the Morgan Library & Museum, a cultural treasure. Amenities like Trader Joe’s, Fairway, and a plethora of gyms and dry cleaners cater to the busy professionals who live here.

Who This Neighborhood Is Best For

Murray Hill is best for recent graduates and young professionals seeking a fun social scene ("Murray Hill" is often nicknamed "Curry Hill" for its Indian restaurants or associated with post-grad life). However, the historic district is ideal for those seeking townhouse living at a relative discount.

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