




122 E 38th St #Townhouse, New York, NY, 10016
About This Home
A historic Manhattan townhouse defined by scale, character, and opportunity. Set in the heart of Murray Hill, this early 20th century townhouse spans approximately 6,500 square feet across six levels, plus cellar and roof. Rich in architectural detail and layered with history, the property presents a rare opportunity to restore, reimagine, or transform a classic New York townhouse into a truly bespoke residence. Originally purchased in 1906 by Mamie Lincoln Isham, granddaughter of Abraham Lincoln, the home has long been associated with purpose and forward thinking, later serving as the headquarters of an environmental nonprofit. Original elements, including impeccably preserved decorative moldings, fireplaces, and a striking spiral staircase, reflect the home’s origins, while ample windows allow natural light to flow throughout. The layout spans multiple levels of living, working, and private space, offering exceptional flexibility for a grand single-family home or live-work configuration. A private elevator services each level, and the scale and proportions of each floor allow for a wide range of design possibilities. The upper levels open to outdoor space, including a private terrace and rooftop retreat with views of the Chrysler Building and the Empire State Building. Thoughtful system upgrades, including high-efficiency mechanicals, advanced climate control, and integrated home automation, enhance comfort and energy performance while supporting a more sustainable footprint. Positioned moments from Park Avenue, Grand Central, and Midtown, the property is ideally situated on a quiet residential street. Please note some photos are virtually staged.
Getting Around
Schools
Construction
Condition
- Year built: 1920
Materials
- Roof: Roof Rights
Type & Style
- Home type: Townhouse
- Property subType: Townhouse
Interior
Appliances
- Appliances included: Dishwasher,Washer/Dryer
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 7
- Full bathrooms: 1
- 1/2 bathrooms: 6
Cooling
- Cooling features: Central Air
Features
- Flooring: Hardwood
- Fireplace: Yes
Interior Area
- Total structure area: 6,500
- Total interior livable area: 6,500 sqft
Property
Details
- Special condition: Resale
Features
- Patio & porch: Terrace,Other,Deck
- Exterior features: Courtyard,Garden,Private Roof Deck,Terrace
- Has view: Yes
- View description: City,Skyline
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 | $36,659 | $439,908 |
| Home Insurance * | $8,512 | $102,144 |
| Property Taxes | $4,289 | $51,468 |
| Electricity | $1,074 | $12,890 |
| Total | $50,534 | $606,408 |
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)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-21 | Listed for sale | $7,250,000 |
