242 E 38Th St

242 East 38th Street is a six-story mid-century cooperative completed in 1955 and composed primarily of alcove studios and small one-bedroom layouts. The masonry façade and modest scale reflect its postwar, functionalist era; interiors feature high ceilings and parquet or oak hardwood floors in many units. The building houses 40 apartments served by an elevator, a live-in superintendent, dual-entry intercom (recently upgraded to video intercom), central laundry, bicycle storage and private storage cages available for a fee. Several units include private outdoor space — terraces or balconies — and many apartments have been renovated with windowed kitchens, granite or quartz counters, stainless appliances and soundproof windows. Common areas include an elegant terrazzo lobby and recently completed exterior capital improvements such as roof and siding work. Operationally the co-op permits pied-à-terre ownership, co-purchasing and guarantors; pets are allowed and limited subletting exists under board rules. Located in historic Murray Hill, the building offers immediate access to Grand Central and multiple transit lines, nearby parks, grocery options and neighborhood retail, making it a compact, well-maintained residence for buyers seeking efficient, centrally located homes with modest monthly maintenance and practical on-site services.