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Office Condominium Studio

2a-155 E 38th St, New York, NY 10016

For Sale
$528,000

Renovated professional space supports consultations, client meetings, and everyday business operations.

Property SizeContact for details
Days on Market54

Property Features for 2a-155 E 38th St

General Information

Standard status Active

Site & Location

Neighborhood Midtown Manhattan
Public Transit Yes

Additional Details

Office Units 1

Taxes and HOA fees

Annual Taxes $9,776
Listing Agency: ARMAS GROUP NYC INC
Listed By: Julian D. Armas
Source: Exprealty
Added: Sep 19 Changed: Nov 4 Last Checked: Nov 10 at 11:55AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of ARMAS GROUP NYC INC

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This renovated commercial condominium is configured as a studio for professional use. Its private interior can accommodate client meetings, consultations, administrative work, or day-to-day operations.

At 2a-155 E 38th St in Murray Hill, the property is near Grand Central Terminal, transportation, restaurants, and surrounding business districts.

Key Highlights

  • Renovated commercial condominium studio
  • Private space suited to meetings, consultations, and administrative work
  • Near Grand Central Terminal and major transportation

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pet Grooming Service Buffet Parking Lot & Garage Plumbing Service Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Office units

Location Intelligence

Trade Area within ½ mile

101,253
Businesses Nearby

Demographics for 10016, NY

62,336
Population
36,985
Households
1.7
Avg Household Size
34
Median Age
82%
College-Educated
97%
High-School Grad
0.5 sq mi
ZIP Area
124,672
Density / Sq Mi
$153,065
Median Household Income
$107,691
Median Earnings
$3,321
Median Rent
$928,400
Median Home Value

Market

Average Price Trend$/SF for Office Units in New York, NY

$857 Jul
$876 Aug
$906 Sep
$811 Oct

Properties on Market for Office Units in New York

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025

Frequently Asked Questions

What type of property is this?
Office unit - Renovated professional space supports consultations, client meetings, and everyday business operations.
Where is this office unit located?
The property is located at 2a-155 E 38th St New York, NY.
What is the asking price?
The asking price for this property is $528,000.
What are key features of this property?
This property features: Renovated commercial condominium studio; Private space suited to meetings, consultations, and administrative work; Near Grand Central Terminal and major transportation
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