424 East 52nd Street Apt: 12A
New York, NY 10022
Cross street:First Avenue

Building

Type:Mid-rise
Era:Post-war
Floors:13

Property

Ownership: Co-op
Rooms: 5
Bedrooms: 2 BR
Bathrooms: 2
Pets: Pets Allowed

Financials

Price:$925,000
Maintenance:$3,845.26
Financing Allowed:80%
Minimum down:$185,000
505 Park Ave, New York, NY 10022
Listing Courtesy of Keller Williams NYC

NO BOARD APPROVAL SHOWING BY APPOINTMENT ONLY Welcome to Apartment 12A at Southgate, an iconic prewar residence with fabulous light offering timeless elegance, scale, and exceptional potential in one of ...

Description

NO BOARD APPROVAL – SHOWING BY APPOINTMENT ONLY Welcome to Apartment 12A at Southgate, an iconic prewar residence with fabulous light offering timeless elegance, scale, and exceptional potential in one of Manhattan’s most coveted enclaves. Defined by classic prewar proportions, this gracious two-bedroom, two-bathroom home presents a rare opportunity to create a truly bespoke residence. Bring your vision and your architect—this is a space ready to be transformed into something extraordinary. Existing conveniences include PTAC air conditioning and an in-unit washer/dryer already in place. The layout is both generous and versatile, featuring 9 foot ceilings, a windowed kitchen, two windowed bathrooms, and a wood-burning fireplace that anchors the living space with warmth and character. With north, east, and south exposures, the apartment is bathed in natural light throughout the day and benefits from excellent cross-ventilation. Eastern exposures offer charming glimpses of the East River. Southgate is a distinguished, pet-friendly cooperative designed by renowned architect Emery Roth and developed by Bing & Bing in 1930. This landmarked enclave is discreetly tucked along a tranquil cul-de-sac in the coveted Beekman/Sutton Place neighborhood, offering a rare sense of privacy and serenity just moments from Midtown. Residents enjoy a full suite of services and amenities, including a 24-hour doorman, resident manager, attentive staff, beautifully landscaped garden with charming pergola, bike storage, private storage (subject to availability), and central laundry. Notably, electricity is included in the maintenance, representing meaningful monthly savings. The cooperative permits up to 80% financing, guarantors, pieds-à-terre, and subletting, offering a level of flexibility rarely found in comparable prewar buildings. (Please note: there is a current assessment in place through July 2027, which will be paid in full by the seller at closing. A 2% flip tax is payable by the purchaser.) Ideally located near the East River Promenade and Peter Detmold Park, and moments from neighborhood favorites, including Whole Foods and Trader Joe’s, as well as convenient access to the E, M, and 6 trains and the M15 bus. A rare opportunity to own a classic prewar home in an architecturally significant building where elegance, privacy, and location converge.

Amenities

Bike Room; Courtyard; Garden; Laundry Room; Roof Deck; Common Storage;
  • Washer / Dryer
  • Courtyard
  • Elevator
  • Full time doorman
  • Garden
  • Laundry Room
  • Roof Deck

Neighborhood

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RLS Data display by Nest Seekers LLC.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.