242 E 38Th St

An intimate mid-century cooperative in Murray Hill, this six-story elevator building was completed in 1955 and contains about 15 owner-occupied studio-style units arranged within a 40-unit footprint. The exterior presents modest, well-maintained midcentury lines and recently completed capital improvements including roof work and masonry repairs; the property is wired for FiOS. Common areas include a terrazzo-style lobby, an elevator, and a staffed live-in superintendent who accepts packages. Shared services and conveniences comprise central laundry, bicycle storage, and optional private basement cages for a fee. Many residences feature high ceilings, large windows with double or multiple exposures, generous built-in closets or walk-in dressing rooms, and private outdoor terraces on select apartments. The building’s policies are buyer-friendly for a cooperative: pied-a-terres, co-purchasing, guarantors and pets are permitted. Located steps from Grand Central Station, nearby transit nodes, Fairway and Trader Joe’s, the building sits within walking distance of the East River promenade, St. Vartan Park and a wide selection of Midtown restaurants and retail, supporting an active urban lifestyle.