- Year built
- 1931
- Type
- Cooperative
- Landmark
- No
Southgate is one of the great pre-war values of the East Side, and its provenance explains why. The complex of buildings was developed by Bing & Bing — the development firm whose name still signals quality and proportion across pre-war Manhattan — and designed by Emery Roth, the architect more responsible than any other for the look of the city's classic apartment houses. Completed in 1931, the Southgate group occupies a quiet, tree-lined enclave in Beekman near the East River, a few doors from River House and the riverfront cul-de-sacs that define this pocket of the city.
What makes Southgate distinctive is the combination of pedigree and accessibility. These are Emery Roth co-ops with the layouts, light, and solidity of the best pre-war stock, set on a tranquil block insulated from Midtown's traffic, yet they have long offered a more attainable entry into a top-tier address than the trophy buildings nearby. The cooperative is known for a relatively accommodating posture — among the more livable boards in a neighborhood not always known for them.
For a buyer, the appeal is specific: a Bing & Bing / Emery Roth address, on one of the East Side's most peaceful blocks, with the gracious proportions and quiet quality that have made pre-war co-ops the enduring core of the Manhattan market.
Architecture and unit composition
Emery Roth designed Southgate in the restrained Art Deco and pre-war idiom of its moment — masonry construction, well-proportioned massing, and the kind of plan-making that gives pre-war apartments their lasting appeal. The 17-story building sits within the larger Southgate group, which shares the development's signature: solid construction, gracious room sizes, and a setting on a quiet, low-traffic block.
Inside, the residences carry the hallmarks of the period — proper foyers, defined room layouts, hardwood floors, generous windows, and the high-ceilinged volume that pre-war construction delivers. The mix runs across one- and two-bedroom homes typical of the Southgate buildings, with the upper floors capturing more light and outlook over the surrounding low-rise Beekman blocks and, from select lines, the East River.
Building operations
Southgate runs as a full-service cooperative. A full-time doorman staffs the lobby and a live-in superintendent maintains the building, with the quiet cul-de-sac setting functioning as an amenity in its own right. The cooperative is known for a comparatively accommodating posture: it is pet-friendly, welcoming both cats and dogs, and accommodates pieds-à-terre, co-purchasing, and guarantors. Financing of up to 80 percent is permitted, subject to board approval. A flip tax of 2 percent applies on sales. The location places residents within a short walk of the 6, E, and M trains, Midtown's commercial core, and the East River esplanade.
Local Law 97
- 2024–2029 annual penalty
- $55,553/yr
- 2030–2034 annual penalty
- $189,430/yr
- Per unit / month range
- $31 – $105
Facade safety — Local Law 11
Safe to live in today — but the last inspection flagged repairs that are due on a deadline, so facade work and its cost are coming. Whether that’s a real concern depends on the scope, the timing, and how the building plans to pay for it — reserves or an assessment — which is exactly what we’d dig into for you.
QEWI = Qualified Exterior Wall Inspector — the licensed engineer the city requires to sign the report (the independent expert, not the managing agent). Source: NYC DOB facade filings (FISP) · The Roebling Research Library.
See the full facade history →Recent sales
Recent transfers at this building, sourced from NYC Department of Finance records. Apartment-level detail (line, condition, asking-price context) verified upon consultation request.
| Date | Unit | Price |
|---|---|---|
| Apr 10, 2007 | 2GHI | $1,803,750 |
Sales sourced from NYC Department of Finance recorded transfers (BBL 1-01363-0043) and verified listing data. Apartment-level facts (line, condition, asking-price context) curated and cross-verified by The Roebling Team research desk. Not all transactions cross-verify with ACRIS records — sponsor and LLC purchases sometimes record at stipulated values rather than market price.
What to know if you’re buying
Southgate is a pre-war value purchase with real pedigree. The Bing & Bing / Emery Roth provenance, the quiet Beekman setting, and the cooperative's accommodating posture are the central reasons to buy here. The board's policies are notably livable for the neighborhood: financing to 80 percent is permitted, pets are welcome, and pieds-à-terre, co-purchasing, and guarantors are accommodated — a flexibility that distinguishes Southgate from many of its peers.
Buyers should plan for a 2 percent flip tax at resale and budget for the cooperative's board-package and interview process, which remains a standard part of any purchase. Within the building, floor level, light, and renovation condition drive value; river-view lines command a premium. For a buyer who wants a pre-war address on a peaceful block without paying trophy-building prices, Southgate is among the East Side's best-positioned options.
What to know if you’re selling
The provenance and the value proposition are the marketing core. A Southgate resale leads with the Bing & Bing / Emery Roth pedigree, the tranquil Beekman cul-de-sac, and the cooperative's accommodating policies — features that distinguish it from both the trophy co-ops and the newer condominiums of the surrounding blocks. Benchmark to the Beekman and Sutton Place pre-war co-op market, and foreground renovation and river outlook where the home has them.
Cooperative resales clear through a board package and interview, and the 2 percent flip tax should be factored into seller proceeds. The building's relative affordability and its accommodating board posture broaden the buyer pool meaningfully — a genuine advantage in marketing. Well-renovated and higher-floor homes benefit from steady demand for pre-war space in this pocket of the East Side.
Comparable buildings
If you're considering Southgate, the relevant set is the Beekman and Sutton Place pre-war and full-service stock:
- 415 East 52nd Street — Beekman building on the same block
- 400 East 51st Street (The Grand Beekman) — Beekman full-service building
- 425 East 51st Street — Beekman full-service co-op
- 411 East 57th Street — Sutton Place pre-war cooperative
- 345 East 56th Street — Sutton-area residential building
The Roebling Team at Southgate
The Roebling Team at Compass specializes in Beekman, Sutton Place, and the broader pre-war cooperative market of the East Side. We publish this profile because a Bing & Bing / Emery Roth building like Southgate rewards a careful read — provenance, board policy, and value positioning all matter here — and buyers and sellers deserve building-specific intelligence.
If you're considering a purchase or sale at 410 East 52nd Street, a 30-minute consultation is the right starting point.
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