424 East 52nd Street Midtown East Apartment For Sale

NO BOARD APPROVAL – SHOWING BY APPOINTMENT ONLY\n\nWelcome 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.\n\nDefined 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.\n\nThe 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.\n\nSouthgate 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.\n\nResidents 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.\n\nThe 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 (456.30 monthly) 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.)\n\nIdeally 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.\n\nA rare opportunity to own a classic prewar home in an architecturally significant building where elegance, privacy, and location converge.