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

Southgate, 434 East 52nd Street

Between First Avenue & East River Drive

Key Details

  • Year Built 1927
    Building Type Cooperative
    Neighborhood Beekman/Sutton Place
  • Total Apartments 66
    Total Floors 10
    Doorman FT Doorman
    Pets Allowed
Avg. Price / ft2
Avg. Price / ft2

Description

Located on a pretty tree lined cul-de-sac in the heart of Beekman, Southgate is a peaceful retreat from busy city life and is conveniently close to midtown offices, Grand Central Station, the FDR Drive and many of the city's finest restaurants and shops. Built in 1931 by Bing & Bing, this pet-friendly building has a 24-hour doorman, landscaped garden, onsite resident manager, basement storage, laundry, bike storage as well as multiple garages close by. Please note that monthly maintenance includes electricity and water. Pied-a-terres, co-purchasing and guarantors are also permitted.

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Building Amenities

  • FT Doorman
  • Pre War
  • Resident Storage
  • Elevator
  • Terraces / Balconies

Apartments for Sale at 434 East 52nd Street (1)

1
Available Apts
$5.5M
Price Range
$1,375
Avg. Price / ft2
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Rating

23
Out of 44

Architecture Rating: 23 / 44

+
29
Out of 36

Location Rating: 29 / 36

+
17
Out of 39

Features Rating: 17 / 39

+
9
=
78

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
  • #36 Rated co-op - Midtown
  • #16 Rated co-op - Beekman/Sutton Place
 
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Carter Horsley's Review

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
  • Quiet, elegant street
  • Art Deco architecture
  • Famous Bing and Bing engineering
Cons
  • No garage
  • No health club
  • No concierge
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More Neighborhood Info

Subways

  1. M
  2. 6
  3. E
at Lexington Ave and 53rd 0.36 miles
 

Sales Summary - Past 12 Months

View By Apartment Sizes
Past 12 Months
$815,000
Avg. Price
Based on 3 Sales
 

Closing History - Last 10 sales

10
Units Sold
$310K - $1.7M
Price Range
$821
Avg. Price / ft2

Pricing Comparison of Similar Buildings

View Detailed Comparison

In The Neighborhood: What’s Available & Sales Stats

Not enough data available to generate chart.
  • 318 Available for Sale
  • $990 Avg. Price / Ft2
  • $1,800,056 Avg. Price
  • $1,250,000 Median Price
  1. Most Expensive Apt TH | $29,500,000
    Price / ft2 $3,073
  2. Least Expensive Sutton Manor Apt 8A | $329,000
Data is based on sales from past 12 months and only transactions for which we have approximate square footage information available are included above
Not enough data available to generate chart.
  • 106 Total Sales
  • $918 Avg. Price / Ft2
  • $1,145,609 Avg. Price
  • $1,012,000 Median Price
  1. Most Expensive One Beekman Apt 3/4C | $5,500,000
  2. Least Expensive 424 East 57th Street Apt 6E | $300,000
    Price / ft2 $1,200

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