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Southgate, 414 East 52nd Street, #6A

$1,050,000 | 2 beds, 2 baths
Building Profile  | 
111 days on Market

Key Details

  • Listed: Apr 3, 2024
    Days on Market: 111
    Building Type: Cooperative
    Neighborhood: Beekman/Sutton Place (Manhattan)
    Doorman: FT Doorman
    Listing viewed 137 times
Monthly Maintenance: $3,717
Est. Monthly Mortgage: $5,197
Total Est. Monthly Carrying Cost: $8,914
Note: the above is based on a down payment of 25% ($262,500), which is the minimum amount permitted by the building.

Description

NO BOARD APPROVAL NECESSARY AND NO FLIP TAX!! Welcome to "Southgate", a pre-war enclave created by Emery Roth and Bing & Bing in 1931. It is located in The Beekman Place area on the East River! Many celebrities, including John Lennon have lived here.

Arriving to Southgate, you feel like you’ve left the hustle and bustle of the city! This is a rare opportunity to own a charming piece of New York history. Apartment 6A is a large Emery Roth designed split 2 Bedroom 2 Bath home.

Upon entering the home, you are greeted by an arched foyer. From there, you’ll enter a large dining area and a large square windowed kitchen that faces the gardens, but needs TLC. The home has original hardwood oak floors, high beamed ceilings, and even a wood-burning fireplace in the lovely living room that creates a warm and inviting atmosphere.

The large rooms are facing tree lined 52nd Street, and receive light through oversized windows. There’s enough space to relax in style, sprawl out with a good book, or entertain close friends. The primary bedroom boasts a special treat – an original Emery Roth designed en-suite bathroom and dressing area. It easily fits a king-size bed and has huge closets, providing plenty of storage space for all your belongings. The second bedroom is almost as big as the primary bedroom, with a northern exposure and walk-in closet.

Stepping out of the bedroom, you’ll find the second bathroom, which retains its classic pre-war charm. Living at Southgate feels like living in a true neighborhood. People enjoy the strong sense of community between the five buildings and a shared private garden; that’s why so many residents move within the complex when a smaller or larger home is necessary, don’t be surprised during your walks to run into some of your favorite celebribities! Southgate is a beautiful pre-war building steeped in history. The building has a full-time doorman, a beautifully landscaped garden, and even a bike room and laundry room.

Electricity is included in your maintenance fees, and a storage bin is available. During the warmer months, people dine with their families in the garden and hold various club meetings there. At Christmas, carolers sing in the garden. Southgate enjoys neighborhood parks, the East River Promenade, dog runs, fantastic restaurants, and cafes all within minutes. Walk to work, or public transportation is right there, making getting around a breeze.

The building has pet-friendly policiy and accommodates options for pied-à-terre ownership, co-purchasing, and guarantors. No financing requirements and no board approval. No flip tax. Please call Robb M. Saar or Lucky Loxha at Engel & Voelkers for any additional information.

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Listing courtesy of Engel & Volkers New York Real Estate LLC

Pricing History

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About Southgate, 414 East 52nd Street

71

Southgate, 414 East 52nd Street has received a CityRealty Rating of 71, based on:

 
Architecture

Anything above 30 is remarkable, from 20-29 is distinguished and from 11-19 is average, while below 11 is below average.

 
Location

Anything above 27 is remarkable, from 18-26 is distinguished and from 9-17 is average, while below 9 is below average.

 
Features

Anything above 22 is remarkable, from 16-21 is distinguished and from 9-15 is average, while below 9 is below average.

Rating Summary

22
Out of 44
+
26
Out of 36
+
15
Out of 39
+
8
=
71
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Distinguished 6 out of 8 points
Retail Quality:
None 2 out of 5 points
Canopy Entrance:
Attractive 2 out of 3 points
Alterations:
None 2 out of 2 points
Plaza Or Atrium:
None 0 out of 3 points
Contextual Design:
Yes and Good 2 out of 3 points
Skyline:
Highly Visible 2 out of 2 points
Local Visibility:
Partially Visible 1 out of 2 points
Watertank:
Attractively Enclosed 2 out of 2 points
Airconditioners:
Discrete 1 out of 2 points
Free Standing:
No 0 out of 2 points
Gargoyles:
None 0 out of 2 points
Garden:
None 0 out of 2 points
Fenestration:
Consistent 1 out of 1 points
Landmark:
No 0 out of 2 points
Unity:
Unified Design 1 out of 1 points
Illumination:
None 0 out of 1 points
Water Element:
None 0 out of 1 points

Location Rating: Points Breakdown

Street Ambience:
Very Attractive with Trees 4 out of 5 points
Distance To Neighborhood Center:
Less than 20 blocks 4 out of 5 points
Views:
Unexciting 1 out of 4 points
Neighborhood Ambience:
Attractive 2 out of 3 points
Traffic Noise:
Very Little 3 out of 3 points
Protected Views:
Only Top Floors 1 out of 2 points
Distance To Subway:
More than 5 Short Blocks 0 out of 2 points
Firedepartment Noise:
No Noise 2 out of 2 points
Distance To Supermarket:
3-5 Short Blocks 1 out of 2 points
Distance To Park:
Less Than 3 Short Blocks 2 out of 2 points
Distance To Water:
Less than 3 Short Blocks 2 out of 2 points
Shopping:
5 or less Short Blocks 2 out of 2 points
Schools:
No Noise 1 out of 1 points
Noise From Nightlife:
None 1 out of 1 points

Features Rating: Points Breakdown

Lobby:
Minimal but Attractive 2 out of 5 points
Units Per Floor:
3-4 3 out of 5 points
Ceiling:
11-14 Feet 3 out of 4 points
Balconies:
Some 1 out of 3 points
Health Club:
None 0 out of 2 points
Private Gardens:
None 0 out of 2 points
Storage Rooms:
Minimal 1 out of 2 points
Bay Windows:
None 0 out of 1 points
Fireplaces:
Some 1 out of 1 points
Door Person:
Yes 1 out of 1 points
Concierge:
None 0 out of 1 points
Elevator Person:
None 0 out of 1 points
Recreational Roof:
None 0 out of 1 points
Driveway:
None 0 out of 1 points
Maids Room:
None 0 out of 1 points
Catering:
None 0 out of 1 points
Garage:
None 0 out of 1 points
Mixed Use:
No 0 out of 1 points
Non Rectilinear Form:
No 0 out of 1 points
Unusual Layouts:
Some 1 out of 1 points
Prewar:
Yes 1 out of 1 points
Other Amenities:
Some 1 out of 2 points

Building Amenities

  • FT Doorman
  • Pre War
  • Resident Storage
  • Garden
  • Elevator
  • Laundry Room

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Pros
  • Some spectacular "studio "apartments
  • Art Deco architecture
  • Quiet elegant street
Cons
  • No garage
  • No concierge.
  • No health club
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Subways

  1. M
  2. 6
  3. E
at Lexington Ave and 53rd 0.32 miles

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