




118 E 37th St #Townhouse, New York, NY, 10016
About This Home
Situated on a prime, tree-lined block in the heart of Murray Hill, 118 East 37th Street is a 20-foot-wide Manhattan townhouse offering exceptional scale, flexibility, and long-term potential. Select upper floors enjoy striking views of the iconic Chrysler Building, creating a quintessential New York backdrop for this classic multi-family property. The building is currently configured as five residential units and presents a compelling opportunity for investors or end-users seeking income with future upside. The garden through second floors are arranged as a spacious owner’s triplex. The garden level has been used as an office and opens directly to a south-facing garden, creating an ideal live/work environment. The parlor floor contains kitchen and living areas, while the second floor provides bedroom space and access to a private terrace overlooking the garden. Also located at the front of the second floor is a separate studio apartment, creating an additional residential unit within the building and offering flexible income potential. Above, the third and fourth floors each feature floor-through two-bedroom apartments, providing two additional full-floor residences with excellent natural light and views toward the Chrysler Building. These apartments offer efficient layouts with clear separation between living and bedroom areas and remain highly desirable in the Murray Hill rental market. In total, the property is configured as five units: a garden-through-second-floor triplex residence, a studio apartment on the front of the second floor, and two full-floor two-bedroom apartments on the third and fourth floors. At 20 feet wide, the townhouse benefits from generous interior volume rarely found in similar buildings. The existing configuration allows for continued use as an income-producing property while also offering the opportunity to reimagine the building as a larger owner’s residence with rental units or potentially reconfigure it to suit a variety of residential or investment strategies. Situated in the center of Murray Hill, the property enjoys close proximity to Grand Central Terminal, Midtown offices, and some of Manhattan’s most vibrant dining and neighborhood amenities. Known for its historic brownstones, convenient transportation, and central location, Murray Hill continues to attract residents seeking the charm of townhouse living within easy reach of Midtown and the East River waterfront.
Getting Around
Schools
Construction
Condition
- Year built: 1910
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 6
- Full bathrooms: 6
Interior Area
- Total structure area: 5,734
- Total interior livable area: 5,734 sqft
Property
Details
- Special condition: Resale
Features
- Patio & porch: Other
- Exterior features: Balcony,Garden
- Has view: Yes
- View description: City
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Heat Wave
- Cold Wave
- Hurricane
- Inland Flooding
- Strong Wind
- Winter Weather
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in New York County and New York
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $22,729 | $272,748 |
| Home Insurance * | $5,277 | $63,324 |
| Property Taxes | $2,659 | $31,908 |
| Electricity | $947 | $11,371 |
| Total | $31,612 | $379,344 |
Income You'd Need if You Spent...
New York FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-06 | Price change | $4,995,000 |
| 2026-03-16 | Listed for sale | $5,500,000 |
