*All utilities are included*
*Option to add a washer and dryer, subject to board approval*
Nestled within the serene and prestigious Beekman enclave, Apartment 2C at 424 East 52nd Street, known as The Southgate, epitomizes luxury pre-war living with modern elegance. This exceptional residence, designed by the illustrious Emery Roth and meticulously maintained by the Bing and Bing brothers, is an oasis of calm on a tranquil cul-de-sac. The Southgate stands as a testament to classic New York architecture and lifestyle, offering a blend of historical charm and contemporary comfort.
Upon entering this exquisite 2-bedroom, 2-bathroom home, you are welcomed by a graceful foyer leading into a spacious living room. The room is highlighted by a beautiful wood-burning fireplace and expansive windows that frame the verdant trees outside, immersing the space in natural beauty and light. The living area effortlessly accommodates both relaxation and social gatherings, making it the heart of the home.
The primary bedroom is a retreat of luxury and tranquility, boasting a large walk-in closet, an en-suite windowed bathroom, and ample space for a king-sized bed and additional furnishings. Similarly, the second bedroom is generously proportioned, featuring its own en-suite windowed bathroom, ensuring privacy and comfort for guests or members.
Culinary enthusiasts will delight in the renovated kitchen, equipped with stainless steel appliances, a Sub-Zero refrigerator, and sleek quartz countertops. Adjacent to the kitchen, a large dining alcove provides the perfect setting for intimate dinners or entertaining guests, complemented by a pantry and extensive storage options.
Rich hardwood floors run throughout the apartment, and the dual north and south exposures fill the home with a light and airy ambiance. Additionally, the convenience of modern living is offered through inclusive electricity in the monthly maintenance, the option to install laundry facilities within the apartment with board approval, and access to a beautifully landscaped garden for leisurely days.
The Southgate complex itself is a hallmark of Manhattans Beekman neighborhood, offering residents a full suite of amenities including a full-time doorman, a landscaped garden with a childrens play area, laundry facilities, storage, and a bicycle room. The policy of allowing pieds--terre and pets, coupled with the inclusion of electricity in the maintenance fee, speaks to the thoughtful consideration of residents needs. There is an assessment in place that runs through December 2027.
424 East 52nd Street is more than just an address; it is a sanctuary amidst the dynamism of Midtown, offering a perfect balance of accessibility to city amenities and the peacefulness of nearby parks, dog runs, and the East River. Built in 1931, The Southgate continues to stand as a beacon of refined living, inviting you to make this mint condition apartment your new home.
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Our Executive Mortgage Banker:
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$990,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.Alvarez@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $792,000 | $792,000 | $792,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.474% | 6.036% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,497 | $4,941 | $6,630 |
Total Monthly Payment | $4,589 | $5,033 | $6,722 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.