Cooperative · 1931
Southgate
410 East 52nd Street, New York, NY 10022
Buildings·Cooperative

Southgate

410 East 52nd Street, New York, NY 10022

At a glance
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

Carbon-penalty exposure
🟠
Material — penalties in current period, escalating in 2030
2024–2029 annual penalty
$55,553/yr
2030–2034 annual penalty
$189,430/yr
Per unit / month range
$31 – $105
See full Local Law 97 analysis — emissions history, scenarios, methodology →

Facade safety — Local Law 11

Local Law 11 / FISP · last inspection 2020–25
SWARMP
What this means for you

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.

Inspection history
2005–10
SWARMP
2010–15
Safe
2015–20
Safe
2020–25
SWARMP
2025–30
Due
Next report due
by Feb 2029
On record
$16,000 in filing penalties
The three grades, in buyer terms
SafeGood for ~5 years — no facade assessment on the horizon.
SWARMPSafe now, repairs due on a deadline — budget for the work or a possible assessment.
UnsafeActive hazard: sidewalk shed and repairs now. Expect disruption and an assessment.

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.

DateUnitPrice
Apr 10, 20072GHI$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:

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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Corey Cohen, Principal · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com