--- title: "131 East 38th Street, New York City, NY 10016" description: "131 East 38th Street, New York City, NY 10016 — Townhouse in Murray Hill, Manhattan, NY. Last Sold Price $4,300,000. Sold on 8/7/2026. 5 bed, 4 bath, 4,000 sqft" url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10016/131-east-38th-street-ny-10016" source: "Real Estate Rebate Team" status: "Closed" --- # 131 East 38th Street, New York City, NY 10016 Townhouse in Murray Hill, Manhattan, NY Courtesy of Brown Harris Stevens Residential Sales LLC ## At a Glance - **Last Sold Price**: $4,300,000 - **Status**: Sold on 8/7/2026 - **Beds**: 5 - **Total Baths**: 4 - **Sqft**: 4,000 - **Monthly Taxes**: $4,134 / mo - **Price per Sqft**: $1,075 - **Brokerage Fee**: Share Eligible This listing was successfully closed and is no longer active on the market. [Planning to sell? Contact Régis Roumila](https://realestaterebatesnewyork.com/contact) ## Photos (10) ![131 East 38th Street, New York City, NY 10016 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/0d32448b-0dfb-448e-af5e-13b5aaaea9f3.jpg) ![131 East 38th Street, New York City, NY 10016 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/a979c9ae-6cec-4145-ad8d-ce705aa136b3.jpg) ![131 East 38th Street, New York City, NY 10016 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/31594a6f-4134-4ce8-9396-c424ab8cba87.jpg) ![131 East 38th Street, New York City, NY 10016 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/b88fa81e-449d-46e3-a9eb-c491db2ad0f5.jpg) ![131 East 38th Street, New York City, NY 10016 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/6819c313-25ab-4530-bb25-496f569ce05c.jpg) ![131 East 38th Street, New York City, NY 10016 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/40740245-99d5-4d09-b81d-7ffcc75c31d5.jpg) ![131 East 38th Street, New York City, NY 10016 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/7cef6d38-64b0-4939-9c50-a9ca6fc52c10.jpg) ![131 East 38th Street, New York City, NY 10016 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/f7d6efe9-c88c-496e-8e4f-bab82e8e2f90.jpg) ![131 East 38th Street, New York City, NY 10016 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/446aaab4-fd54-4f3b-806a-01fdc461d4c8.jpg) ![131 East 38th Street, New York City, NY 10016 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/19154d6f-4205-46b2-ab77-c2f9b204c7b9.jpg) ## Property Overview 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 4,000 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. ## Property Details - **Property Type**: Single Family Residence - **Beds**: 5 - **Total Baths**: 4 - **Rooms**: 15 - **Sqft**: 4,000 sqft - **Stories**: 5 - **Year Built**: 1901 - **Price per Sqft**: $1,075 - **Monthly Taxes**: $4,134 / mo - **Listed On**: Jul 28, 2025 - **Days on Market**: 405 Days ### Residence Features - Central Air - Building Other - Garden - Private Outdoor Space Over 60 Sqft - High Ceilings - Smoke Free - Dishwasher ## Sales Evidence ### Recent closed sales 131 East 38th Street has one recorded sale since September 2021, the most recent for $4,300,000 in August 2026. Prices are the figures recorded with the City, not asking prices. | Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source | | --- | --- | --- | --- | --- | --- | --- | | Entire property (Single Family Residence) | 5 | 4,000 | $4,300,000 | $1,075/ft² | August 7, 2026 | MLS | ### How this price compares The median closed price for comparable house sales in Murray Hill is $6,345,000, based on 6 sales between July 2022 and August 2026. This home is asking $4,300,000, $2,045,000 below that median. The middle half of those sales closed between $4,772,500 and $6,762,500. - **Median closed price**: $6,345,000 - **Middle half**: $4,772,500 – $6,762,500 - **Based on**: 6 house sales in Murray Hill - **Period**: July 2022 – August 2026 - **Median $/ft²**: $1,075/ft² Across the 5 of these sales with a published asking price, the median closed at 88.4% of what it originally asked. 100% of them closed below the original ask. A house is not part of a building of comparable apartments, so this benchmark is drawn from house sales across Murray Hill. Apartment sales are excluded from it entirely. ### How these sales were negotiated - **Sold vs original ask**: 88.4% of the original ask - **Closed below ask**: 100% of 5 sales - **Listed → in contract**: 210 days (about 30 weeks) - **In contract → closed**: 37 days (about 5 weeks) Across the 5 of these sales with a published asking price, the median closed at 88.4% of what it originally asked. 100% of them closed below the original ask. Half of these homes were in contract within 210 days (about 30 weeks) of coming to market, based on the 4 with a recorded listing date. Once a deal was agreed, closing took a further 37 days (about 5 weeks), based on the 3 with both dates recorded. These are two separate periods measured on different clocks — time to find a buyer, and time from agreed deal to closing. They are medians of different sets of sales and do not add together into a single "days on market" figure. Based on 6 house sales in Murray Hill, July 2022 – August 2026. Each figure counts only the sales that recorded the dates it needs, which is why the denominators differ. Sale prices are the consideration recorded with the City in ACRIS, and each sale is dated by the day the City recorded it. A closing date reported to the MLS typically falls one to two weeks earlier. Recorded sales describe what has already happened and are not an appraisal, a valuation, or an estimate of what this home will sell for. [See every recorded sale at 131 East 38TH Street](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/131-east-38th-street) ## Price and Property History for 131 East 38TH Street Review the recorded listing activity for 131 East 38TH Street, including asking-price changes and prior market dates. - **Latest price change**: Reduced by $498,000, or 10.4%, on August 7, 2026 - **Originally listed**: July 28, 2025 at $4,995,000 - **Last sold**: $4,300,000 on August 7, 2026 | Date | Price | Listing event | | --- | --- | --- | | August 7, 2026 | $4,300,000 | Sold | | August 7, 2026 | $4,300,000 | Asking price reduced by $498,000, or 10.4% | | July 6, 2026 | $4,798,000 | Entered contract | | July 6, 2026 | $4,798,000 | Returned to the market | | December 30, 2025 | $4,798,000 | Asking price reduced by $197,000, or 3.9% | | July 28, 2025 | $4,995,000 | Listed for sale by Brown Harris Stevens Residential Sales LLC | ## Property Tax History Taxes at 131 East 38th Street were $50,465 in 2026, up 6.0% from 2025. | Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate | | --- | --- | --- | --- | --- | --- | --- | | 2026 (FY 2026/27) | $274,920 | $154,440 | $120,480 | $251,259 | $50,465 | 20.085% (estimated) | | 2025 (FY 2025/26) | $254,400 | $154,440 | $99,960 | $237,037 | $47,609 | 20.085% (estimated) | | 2024 (FY 2024/25) | $223,620 | $154,440 | $69,180 | $223,620 | $44,914 | 20.085% | | 2023 (FY 2023/24) | $252,420 | $154,440 | $97,980 | $252,420 | $50,699 | 20.085% | | 2022 (FY 2022/23) | $267,720 | $154,440 | $113,280 | $254,803 | $51,748 | 20.309% | | 2021 (FY 2021/22) | $287,700 | $154,440 | $133,260 | $254,803 | $50,866 | 19.963% | | 2020 (FY 2020/21) | $310,380 | $154,440 | $155,940 | $246,176 | $51,808 | 21.045% | | 2019 (FY 2019/20) | $303,000 | $154,440 | $148,560 | $232,243 | $49,159 | 21.167% | | 2018 (FY 2018/19) | $225,074 | — | — | $225,074 | $47,083 | 20.919% | | 2017 (FY 2017/18) | $212,336 | — | — | $212,336 | $43,285 | 20.385% | | 2016 (FY 2016/17) | $212,336 | — | — | $212,336 | $42,448 | 19.991% | | 2015 (FY 2015/16) | $205,147 | — | — | $205,147 | $40,114 | 19.554% | | 2014 (FY 2014/15) | $193,536 | — | — | $193,536 | $37,076 | 19.157% | | 2013 (FY 2013/14) | $187,562 | — | — | $187,562 | $35,995 | 19.191% | | 2012 (FY 2012/13) | $176,947 | — | — | $176,947 | $32,857 | 18.569% | | 2011 (FY 2011/12) | $176,947 | — | — | $176,947 | $32,213 | 18.205% | | 2010 (FY 2010/11) | $170,956 | — | — | $170,956 | $29,685 | 17.364% | 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 1008940028. 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 ### 131 East 38th Street Murray Hill · Townhouse 131 East 38th Street, New York, NY 10016 A Townhouse in Murray Hill built in 1901. - **Year Built**: 1901 - **Total Units**: 1 - **Floors**: 5 [View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/131-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/10016/131-east-38th-street-ny-10016) | 5 | 3 | 4,000 sqft | $1,075 | $4,300,000 (-10.4%) | Brown Harris Stevens Residential Sales LLC | Jul 28, 2025 | 404 days | ## Estimated Monthly Payment **$25,877 / month**, assuming a 20% down payment ($860,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $21,743 - **Property Taxes**: $4,134 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 - [131 East 38TH Street — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/131-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.