--- title: "35 East 38th Street #5G, New York City, NY 10016" description: "35 East 38th Street #5G, New York City, NY 10016 — Murray Hill, New York City, NY. Listing Price $775,000. 1 bed, 1 bath, 775 sqft Illustrative Buyer Commission Share of $11,625 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10016/35-east-38th-street-5g-ny-10016" source: "Real Estate Rebate Team" dateModified: "2026-09-19T04:28:44.804Z" status: "Active" --- # 35 East 38th Street #5G, New York City, NY 10016 Murray Hill, New York City, NY Courtesy of Corcoran Group Last updated: September 19, 2026, 12:28 AM ## At a Glance - **Listing Price**: $775,000 - **Beds**: 1 - **Baths**: 1 - **Sqft**: 775 - **Common Charges**: $1,382 / mo - **Price per Sqft**: $1,000 - **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**: $775,000 - **Illustrative Buyer Commission Share**: -$11,625* - **Illustrative Net Cost**: $763,375 *Illustrative Buyer Savings of $11,625 — 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 (7) ![35 East 38th Street #5G, New York City, NY 10016 — photo 1 of 7](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/6c198ca8-e281-47a6-8d64-d5a9b70f6334.jpg) ![35 East 38th Street #5G, New York City, NY 10016 — photo 2 of 7](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/9faac353-e150-463d-8f93-897b71b7d951.jpg) ![35 East 38th Street #5G, New York City, NY 10016 — photo 3 of 7](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/6a3212e0-4683-4e75-9c9e-987db5c129bf.jpg) ![35 East 38th Street #5G, New York City, NY 10016 — photo 4 of 7](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/c6ead7c1-05f7-41f5-af4a-56d8cbb40fb9.jpg) ![35 East 38th Street #5G, New York City, NY 10016 — photo 5 of 7](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/bfe544b2-0714-453a-99e5-861af965c22e.jpg) ![35 East 38th Street #5G, New York City, NY 10016 — photo 6 of 7](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/78c4df2f-adef-4551-9fef-2590a378e653.jpg) ![35 East 38th Street #5G, New York City, NY 10016 — photo 7 of 7](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/b6569abe-e41f-4e5d-ad11-f462af34004e.jpg) ## Property Overview Welcome to 5G at 35 East 38th Street a generously sized one-bedroom, one-bath home in the Elysabeth condominium, a full-service building just moments from Grand Central. This home offers an oversized living room with ample space for dining, entertaining, and a dedicated home office area. The sunny southern exposure brings in consistent natural light and provides direct views of the Empire State Building. The large bedroom comfortably accommodates a king-sized bed, additional furniture, and a desk, and includes two generous double closets. The galley kitchen is outfitted with stainless steel appliances, a deep soaking sink, granite countertops, and abundant cabinet storage. The bathroom features classic subway tile for a clean, timeless presentation. Throughout the residence, the layout emphasizes usable space and storage, making the home well suited for both everyday living and remote work. The Elysabeth Condominium at 35 East 38th Street provides 24-hour doorman service, a fitness center, laundry facility, and a live-in superintendent. Its central location offers convenient access to Grand Central Terminal, Metro-North, and the 4, 5, 6, and Shuttle subway lines, as well as nearby Midtown office, dining, and retail destinations. ## Property Details - **Property Type**: Condominium - **Beds**: 1 - **Baths**: 1 - **Rooms**: 3 - **Sqft**: 775 sqft - **Stories**: 13 - **Year Built**: 1961 - **Price per Sqft**: $1,000 - **Common Charges**: $1,382 / Monthly - **Listed On**: Sep 11, 2026 - **Days on Market**: 22 Days ### Residence Features - Washer Dryer Allowed - City ## Estimated Monthly Payment **$5,301 / month**, assuming a 20% down payment ($155,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $3,919 - **Common Charges**: $1,382 Estimates only. Actual payments may vary. Confirm terms with your lender. ## Sales and market data ### Recent sales 17 apartments at 35 East 38th Street have recorded sales since October 2021, the most recent for $532,500 in June 2026. Prices are the figures recorded with the City, not asking prices. | Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source | | --- | --- | --- | --- | --- | --- | --- | | 5A (Apartment) | Studio | 436 | $532,500 | $1,221/ft² | June 8, 2026 | City record · MLS | | 7-B (Apartment) | 1 | 522 | $622,000 | $1,192/ft² | June 17, 2025 | City record | | 11A (Apartment) | — | 735 | $850,000 | $1,156/ft² | May 22, 2025 | City record | | 2-J (Apartment) | Studio | 435 | $522,500 | $1,201/ft² | May 6, 2025 | City record | | 1-A (Apartment) | 1 | 443 | $740,000 | $1,670/ft² | March 18, 2025 | City record | | 7G (Apartment) | 1 | 775 | $695,000 | $897/ft² | December 9, 2024 | City record · MLS | | PHB (Apartment) | Studio | 500 | $750,000 | $1,500/ft² | June 12, 2024 | City record · MLS | | 10G (Apartment) | 1 | 775 | $800,000 | $1,032/ft² | May 7, 2024 | City record · MLS | | 8D (Apartment) | 1 | 446 | $560,000 | $1,256/ft² | April 9, 2024 | City record | | 9E (Apartment) | 1 | 524 | $730,000 | $1,393/ft² | January 18, 2024 | City record · MLS | | 8/H (Apartment) | Studio | 522 | $575,000 | $1,102/ft² | September 14, 2023 | City record · MLS | | 2-C (Apartment) | 1 | 836 | $937,500 | $1,121/ft² | March 3, 2023 | City record · MLS | | 5-D (Apartment) | Studio | 446 | $550,000 | $1,233/ft² | August 29, 2022 | City record · MLS | | 11C (Apartment) | — | 553 | $615,000 | $1,112/ft² | August 12, 2022 | City record | | PH-A/PH-B (Apartment) | — | 1,384 | $1,700,000 | $1,228/ft² | June 27, 2022 | City record | | 8-J (Apartment) | Studio | 450 | $550,000 | $1,222/ft² | April 8, 2022 | City record · MLS | | 2G (Apartment) | 1 | 775 | $710,000 | $916/ft² | January 18, 2022 | City record · MLS | Every row is a recorded transaction, including ancillary spaces such as storage and staff rooms where they were sold separately. Those are excluded from the benchmark below. ### How this price compares - **This home**: $775,000 - **Median sold price**: $720,000 - **Difference**: +$55,000 (+7.6%) - **This home, $/ft²**: $1,000 - **Median $/ft²**: $1,156 - **Comparable sales**: 8 - **Sales from**: January 2022 – June 2025 - **Middle half of those sales**: $676,750 – $755,000 Based on one-bedroom sales at 35 East 38th Street. ### How these sales were negotiated - **Sale-to-list price**: 89.1% (4 sales) - **Sold below asking**: 100% (4 sales) - **Typical time to find a buyer**: 98 days (4 sales) - **Typical time to close**: 51 days (4 sales) Based on one-bedroom sales at 35 East 38th Street with the required listing and closing data. Sample sizes vary by metric. 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. ### Price trend Median price per square foot, sales at 35 East 38th Street | Year | Median $/ft² | Sales | | --- | --- | --- | | 2016 | $1,429/ft² | 3 (thin) | | 2017 | $1,295/ft² | 5 | | 2018 | $1,284/ft² | 3 (thin) | | 2020 | $1,272/ft² | 4 (thin) | | 2022 | $1,222/ft² | 5 | | 2024 | $1,256/ft² | 5 | | 2025 | $1,196/ft² | 4 (thin) | Based on recorded sales at 35 East 38th Street. Years marked "thin" rest on fewer than 5 sales, where a single unusual apartment moves the median a long way. Read those points as the small samples they are rather than as the market turning. Sales data through June 2026. 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 35 East 38th Street](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/35-east-38th-street) ## Price and Property History for 35 East 38TH Street, Unit 5G Review the recorded listing activity for 35 East 38TH Street, Unit 5G, including asking-price changes and prior market dates. | Date | Price | Listing event | | --- | --- | --- | | August 20, 2026 | $775,000 | Listing removed from the market | | August 20, 2026 | $775,000 | Returned to the market | | July 26, 2026 | $775,000 | Listed for sale by Corcoran Group | ## Property Tax History Taxes at 35 East 38th Street #5G were $17,428 in 2026, up 3.1% from 2025. | Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate | | --- | --- | --- | --- | --- | --- | --- | | 2026 (FY 2026/27) | $150,363 | $11,397 | $138,966 | $139,422 | $17,428 | 12.5% (estimated) | | 2025 (FY 2025/26) | $136,926 | $11,397 | $125,529 | $135,200 | $16,900 | 12.5% (estimated) | | 2024 (FY 2024/25) | $142,561 | $11,397 | $131,164 | $135,607 | $16,951 | 12.5% | | 2023 (FY 2023/24) | $142,723 | $11,397 | $131,326 | $134,675 | $16,837 | 12.502% | | 2022 (FY 2022/23) | $137,888 | $11,397 | $126,491 | $131,382 | $16,117 | 12.267% | | 2021 (FY 2021/22) | $137,041 | $11,397 | $125,644 | $129,691 | $15,868 | 12.235% | | 2020 | The City did not publish assessment data for this year. | — | — | — | — | — | | 2019 | The City did not publish assessment data for this year. | — | — | — | — | — | | 2018 (FY 2018/19) | $152,513 | $11,397 | $141,116 | $120,946 | $15,254 | 12.612% | | 2017 (FY 2017/18) | $129,285 | $11,397 | $117,888 | $110,138 | $14,008 | 12.719% | | 2016 (FY 2016/17) | $124,197 | $11,397 | $112,800 | $103,180 | $13,302 | 12.892% | | 2015 (FY 2015/16) | $121,731 | $11,397 | $110,334 | $97,649 | $12,580 | 12.883% | | 2014 (FY 2014/15) | $106,969 | $11,397 | $95,572 | $88,943 | $11,434 | 12.855% | | 2013 (FY 2013/14) | $100,919 | $11,397 | $89,522 | $86,862 | $11,418 | 13.145% | | 2012 (FY 2012/13) | $98,072 | $11,397 | $86,675 | $81,281 | $10,714 | 13.181% | | 2011 (FY 2011/12) | $90,777 | $11,397 | $79,380 | $77,634 | $10,429 | 13.433% | | 2010 (FY 2010/11) | $89,889 | $11,397 | $78,492 | $75,253 | $10,049 | 13.353% | 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 1008681045. 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 ### 35 East 38th Street Murray Hill · Condominium 35 East 38th Street, New York, NY 10016 A building in Murray Hill, currently featuring 3 active listings. - **Year Built**: 1961 - **Active Units**: 3 - **Floors**: 13 [View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/35-east-38th-street) ### Available Residences — For Sale (3) | Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [5G](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10016/35-east-38th-street-5g-ny-10016) | 1 | 1 | 775 sqft | $1,000 | $775,000 | Corcoran Group | Sep 11, 2026 | 22 days | | [12B](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10016/35-east-38th-street-12b-ny-10016) | 1 | 1 | 845 sqft | $1,095 | $925,000 | Compass | Sep 9, 2026 | 24 days | | [6D](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10016/35-east-38th-street-6d-ny-10016) | Studio | 1 | 452 sqft | $1,272 | $575,000 | Compass | Sep 22, 2026 | 11 days | ## 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 - [35 East 38th Street — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/35-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.