35 East 38th Street (Murray Hill)

The building is a thirteen-story masonry tower in the clean, unornamented early-1960s idiom — practical post-war massing rather than ornament. It is not a landmark and makes no pre-war claim; its appeal is the practical virtue of its era and the amenities and updates layered on since. Public records attribute the design to Sylvan Bien, an architect of the mid-century New York apartment house.

The one hundred thirteen residences run from studios through one- and two-bedroom layouts. Floor and exposure drive the experience, with the higher floors and better-exposed lines taking the best light; lower and interior units are the value entry point. As a 113-unit building, the stack offers ample variety of layout and exposure, so a buyer can usually assemble a meaningful set of in-building comparables.

The Elysabeth runs as a full-service condominium — a 24-hour doorman, a live-in resident superintendent, a fitness center, central laundry, a bike room, and private storage, along with a roof terrace and an attached full-service parking garage. The building is pet friendly, permitting dogs up to roughly thirty-five pounds. It is notably investor-friendly: sublets and pieds-à-terre are permitted, and management is known for a straightforward rental-approval process. As a condominium, purchases follow standard condo mechanics rather than a co-op board's approval process.

Recent sales

Recent closings at this building, curated by The Roebling Team research desk. Apartment-level facts are independently verified before publishing; sale prices reflect the recorded transfer amount at the NYC Department of Finance.

Market read. Most recent trades (2026) cleared a median $1,193/sf across 1 sale. Median listing discount 3.1% from the last ask — a recurring negotiation gap worth pricing into any offer or listing strategy.

Sales sourced from NYC Department of Finance recorded transfers (BBL 1-00868-7501) and verified listing data. Apartment-level facts (line, condition, asking-price context) curated and cross-verified by The Roebling Team research desk. Not all transactions cross-verify with ACRIS records — sponsor and LLC purchases sometimes record at stipulated values rather than market price; square footage from recorded condo declarations and offering plans.

This is a condominium, so a purchase runs on standard condo mechanics rather than a co-op board package and interview — a meaningful practical advantage for buyers who want speed, financing flexibility, or the ability to rent. The building's investor-friendly subletting posture and pet-friendly rules (dogs to roughly thirty-five pounds) make it one of the more flexible options in Murray Hill and broaden the pool of qualified buyers.

The most important on-site distinctions are floor and exposure. The higher floors and better-exposed lines hold value best; lower interior units are the value entry point. The amenity package — fitness center, roof terrace, and attached full-service garage — is unusually complete for the vintage and is a genuine differentiator. The location is a genuine asset — a quiet block between Madison and Park, steps from the Morgan Library and a short walk to Grand Central and the 4/5/6/7/S. Comparable analysis belongs against Murray Hill and Midtown East full-service condominiums.

Lead with the amenities and the location. A full-service post-war condominium with a fitness center, roof terrace, and attached garage, steps from the Morgan Library and Grand Central, is an easy story to tell — the amenity package does real work in a sale.

Benchmark within the building and against Murray Hill condos. With regular in-building turnover, recent comparable sales here are the first reference point; floor, light, exposure, and renovation status determine where a unit lands, on a dollars-per-square-foot basis.

Condo flexibility widens the buyer pool. True condominium ownership, investor-friendly subletting, and pet-friendly rules bring investors, pied-à-terre buyers, and primary residents all to the table.

Closing timelines are condo-fast. With no board package or interview, a well-prepared condo sale moves efficiently from contract to closing — we manage that process end to end.

If you're considering The Elysabeth, also evaluate nearby Murray Hill and Midtown East condominiums:

• The Carlton Regency (137 East 36th Street) — full-service Murray Hill building
• The Corinthian (330 East 38th Street) — large full-service Murray Hill condominium
• The Whitney (311 East 38th Street) — Murray Hill condominium
• 301 East 38th Street — Murray Hill condominium tower
• The Highpoint (250 East 40th Street) — full-service Murray Hill condominium

The Roebling Team at Compass specializes in Murray Hill, Gramercy, Midtown East, and the broader East Side market. We publish this profile because buyers and sellers evaluating a full-service Murray Hill condominium deserve building-specific intelligence — the architecture, the conversion history, the amenity package, the condominium's flexible rules, and how floor and exposure drive value within the building.

If you're considering a purchase or sale at The Elysabeth, a 30-minute consultation is the right starting point.