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A blog from CityRealty (Links below will take you to the 6sqft site)
In Contract

Southgate, 424 East 52nd Street, #12E

$1,050,000 | 2 beds, 2 baths
231 days on Market

Key Details

  • Listed: Oct 6, 2021
    Days on Market: 231
    Building Type: Cooperative
    Neighborhood: Beekman/Sutton Place (Manhattan)
    Doorman: FT Doorman
    Listing viewed 381 times
Monthly Maintenance: $3,061
Total Taxes & Fees: $3,061
Est. Monthly Mortgage: $4,358
Total Est. Monthly Carrying Cost: $7,419
Note: the above is based on a down payment of 25% ($262,500), which is the minimum amount permitted by the building.

Description

Perched on the 12th floor, this sun-filled and pin-drop quiet home offers prewar charm with beamed ceilings, a wood-burning fireplace, and beautiful oak floors throughout. The maintenance includes electricity, and a washer/dryer can be installed. All this on a tree-lined cul-de-sac in a stunning, full-service building designed by Emery Roth and developed by Bing & Bing.

The gracious foyer offers two extra-large closets and leads to the living room where you can enjoy treetop views and a wood-burning fireplace. The room is spacious and can accommodate a dining area or an office on either side of the fireplace. The windowed kitchen offers ample storage and a dining area.

A wall can be erected to create a separate home office or guest bedroom if desired. Both bedrooms offer en-suite bathrooms, impressive closet space, and are large enough to accommodate king-size beds as well as additional furniture. The primary bedroom gets light from both southern and western exposures, offers a windowed en-suite bathroom, and has two walk-in closets.

The secondary bedroom faces south and is also generously sized. Each room in this home is bright, well-proportioned, and offers excellent storage. The apartment is located on a quiet cul-de-sac block and there is a beautifully landscaped garden shared by the five Southgate buildings. 424 East 52nd Street is part of The Southgate complex.

The cluster of buildings, which was originally designed by renowned architect Emery Roth and built by the Bing & Bing brothers, turned Beekman into the thriving residential enclave that it is today. The location provides a perfect blend of immediate access to all of the amenities of Midtown, with the privacy and tranquility of the nearby parks, dog runs, and the East River. Completed in 1931, the Southgate features a full-time doorman, live-in resident manager, onsite management office, landscaped garden with children’s play area, laundry room, storage, and bicycle room.

Electricity is included in the maintenance, and pets and pied-a-terres are permitted.

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Listing Agent (Seller's Representative)

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Pricing History

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About Southgate, 424 East 52nd Street

58

Southgate, 424 East 52nd Street has received a CityRealty Rating of 58, 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

21
Out of 44
+
22
Out of 36
+
15
Out of 39
=
58
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:
Exists 1 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:
Attractive / Pleasant 3 out of 5 points
Distance To Neighborhood Center:
Less than 50 blocks 1 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
  • Co-op
  • Built in 1930
  • 80 Apartments
  • 13 Floors

Building Amenities

  • FT Doorman
  • Pre War
  • Elevator

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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

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30E31
between Madison Avenue & Park Avenue South
Murray Hill
Own the Lifestyle Private full-floor residences • Floor-to-ceiling windows • 360-degree Manhattan views
Learn More
30 E 31 | Exterior View 30 E 31 | Kitchen View 30 E 31 | living Room 30 E 31 | Living Room 2 30 E 31 | Bedroom
Listing provided courtesy of Compass