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A blog from CityRealty (Links below will take you to the 6sqft site)
There are 2 apartments for sale at 424 East 52nd Street (last updated on Aug 9, 2022)

Southgate, 424 East 52nd Street

Co-op located in Beekman/Sutton Place, between First Avenue & East River Drive

Description of Southgate at 424 East 52nd Street

Southgate presents a distinctive Emery Roth designed pre war enclave developed by Bing & Bing in 1932 located within walking distance of many of the world famous destinations New York City has to offer. 424 East 52nd Street is part of the sought-after Southgate community of co-ops conceived of by the iconic architect and genius apartment designer, Emery Roth, in the late 1920s. Dogs are welcome, and the Peter Detmold Park on Beekman Place is a short walk through Southgate's private garden. Guarantors, co-purchasers, and pieds-a-terre allowed.

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Building Facts

  • Year Built: 1930
    Building Type: Co-op
    Neighborhood: Beekman/Sutton Place (Manhattan)
    Minimum Down Payment: 25%
  • Total Apartments: 80
    Total Floors: 13
    Doorman: FT Doorman

Apartment Pricing Stats

Avg. Price / ft2
Avg. Price / ft2

Building Amenities

  • FT Doorman
  • Pre War
  • Elevator

Apartments for Sale at 424 East 52nd Street (2)

2
Available Apts
$599K - $2.995M
Price Range
$863
Avg. Price / ft2
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Southgate: Rating

21
Out of 44

Architecture Rating: 21 / 44

+
22
Out of 36

Location Rating: 22 / 36

+
15
Out of 39

Features Rating: 15 / 39

=
58

CityRealty Rating Reference

 
Architecture
  • 30+ remarkable
  • 20-29 distinguished
  • 11-19 average
  • < 11 below average
 
Location
  • 27+ remarkable
  • 18-26 distinguished
  • 9-17 average
  • < 9 below average
 
Features
  • 22+ remarkable
  • 16-21 distinguished
  • 9-15 average
  • < 9 below average
  • #35 Rated co-op - Beekman/Sutton Place
 

Carter Horsley's Review of Southgate

Carter Horsley's Building Review
"This development of five buildings was designed by Emery Roth for Bing & Bing, one of the city's premier builders of upper-middle-class housing in the 1920's and 1930's. The richly textured reddish salmon brick façades and sparse but good Art Deco detailing added significantly to the ambiance of the "Beekman Place" area. The four 10-story buildings on 52nd Street are similar in height and general façade treatment, but each is slightly different. The effect is quite massive and almost fortress-like, particularly since they are an imposing prelude to River House, perhaps the city's most glamorous apartment tower, at the river end of the street. The buildings are distinctive, moreover, because many apartments have very tall ceilings and windows and, indeed, are among the city's few "studio" buildings of their era. The building at 424 East 52nd Street, in fact, is very, very distinguished with a bank of enormous windows on either side of a central façade section whose fenestration pattern is very unusual in its alternating window sizes. Its 80 units were converted to cooperatives in 1987. The apartments, surprisingly, are relatively modest and do not contain many rooms, but the living rooms at 424 East 52nd Street are one-and-half-stories high and those at 400 East 52nd Street are sunken. The first building to be completed was 434 East 52nd Street in 1928. 424 East 52nd Street and 433 East 51st Street were completed in 1930 and 400, a 462-unit building, and 414 East 52nd Street were completed in 1931. The 52nd Street buildings, Steven Ruttenbaum observed in his book, "Mansions In The Sky, The Skyscraper Palazzi of Emery Roth," Balsam Press, Inc., 1986, are each "embellished with fanciful iron loggias and window grilles executed in unique Art Deco motifs with voluptuous Art Deco terra-cotta trim....The Southgate complex is enlivened with highly textured, three-dimensional forms that provide much in the way of visual delight. It was unusual for one architect to be given the opportunity to mold almost an entire side street into a unified architectural composition, and Roth responded to the challenge by creating Manhattan's most distinctive residential Art Deco ensemble." The Southgate complex, originally a rental project but subsequently converted to cooperatives, was preceded by the larger Tudor City complex several blocks to the south and a few other similar projects exist in the city, but are rare." Read Carter's Full Review
Pros
  • Some spectacular "studio apartments
  • Quiet elegant street
  • Art Deco architecture
Cons
  • No garage
  • No health club
  • No concierge
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Subways

  1. M
  2. 6
  3. E
at Lexington Ave and 53rd 0.34 miles
 

Sales Summary - Past 12 Months

View By Apartment Sizes
Past 12 Months
$1,019,800
Avg. Price
Based on 5 Sales
 

Closing History - Last 10 sales

10
Units Sold
$445K - $1.7M
Price Range
$698
Avg. Price / ft2

Pricing Comparison of Similar Buildings

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