- Year built
- 1931
- Type
- Cooperative
- Landmark
- No
Every recorded sale at this building, 2004–2025
Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.
- Median $/sf
- $762
- Listing discount
- 5.9%
- Recorded sales
- 92
- On record
- 2004–2025
The Southgate is one of the most pedigreed pre-war addresses in Beekman — part of a celebrated cooperative development built in 1931 by Bing & Bing, the brothers whose name is synonymous with the best apartment construction of the era, and designed by Emery Roth, perhaps the defining residential architect of pre-war New York. The Southgate comprises a small cluster of buildings: four arranged around a cul-de-sac on East 52nd Street, with another a block north on East 51st Street, near the East River.
That development pedigree shows. The buildings are clad in a richly textured reddish-salmon brick, detailed with Art Deco flourishes, and built to the generous standard Bing & Bing and Roth set across their portfolio — high ceilings, gracious layouts, and, in some homes, the sunken living rooms that were a hallmark of the firm's design. The cul-de-sac setting gives the development an unusual sense of seclusion and quiet for Midtown East.
For buyers, the appeal is classic pre-war quality with practical advantages: full-service staffing, a private garden, an all-utilities-included maintenance, and the calm of a near-river enclave just minutes from Midtown.
Architecture and unit composition
The Southgate's architecture is the work of two of the era's masters. Emery Roth's design pairs the reddish-salmon brick with restrained Art Deco detailing, and the buildings' arrangement around a cul-de-sac creates a courtyard-like enclave rare in this part of the city. It is dignified, warm, and unmistakably of its moment.
The 84 residences at 414 East 52nd Street carry the pre-war qualities buyers prize — high ceilings, well-proportioned rooms, large windows, entry foyers, and abundant closets, with some homes featuring the signature sunken living rooms of the Bing & Bing–Roth collaboration. Layouts range across the building, and the cul-de-sac orientation means many homes look onto the development's quiet center or the garden rather than open street. Light and outlook improve with floor.
Building operations
The Southgate runs as a full-service cooperative with a full-time doorman, a live-in superintendent, and an on-site resident manager. A meticulously landscaped garden serves the development, and the building offers a laundry room, basement storage, and bicycle storage. A notable practical feature: the monthly maintenance includes all utilities, simplifying ownership costs and adding predictability.
As a cooperative, purchases are subject to board approval, and buyers should plan for a board package and interview; financing, subletting, and pied-à-terre policies follow the building's house rules and proprietary lease. The all-inclusive maintenance reflects the full-service staffing and the utilities coverage. The Beekman location — a quiet cul-de-sac near the East River, minutes from Midtown's transit and the 57th Street corridor — is a durable part of the appeal.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $0 (under cap)
- Per unit / month range
- —
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, curated by The Roebling Team research desk. Apartment-level facts are independently verified before publishing; sale prices reflect the recorded transfer amount at the NYC Department of Finance.
| Date | Unit | Apartment | Price | PPSF | vs. Ask |
|---|---|---|---|---|---|
| May 20, 2025 | 8A | 2 BR · 2 BA | $1,250,000 | -3.5% | |
| May 12, 2025 | 11A | 2 BR · 2 BA | $1,490,000 | -3.9% | |
| Jul 19, 2024 | 6A | 2 BR · 2 BA | $997,500 | -5.0% | |
| Jun 5, 2024 | 9C | 2 BR · 2 BA · 1,325 sf | $973,000 | $734/sf | -2.7% |
| Mar 26, 2024 | 6E | 1 BR · 1 BA | $679,000 | -16.7% | |
| Nov 15, 2023 | 10A | 2 BR · 2 BA | $1,060,000 | -15.2% | |
| Nov 14, 2023 | 8B | 1 BR · 1 BA | $650,000 | -5.1% | |
| Oct 4, 2022 | 2F | 1 BR · 1 BA · 750 sf | $570,000 | $760/sf | -18.0% |
Market read. Most recent trades (2024) cleared a median $762/sf across 1 sale. Median listing discount 5.9% from the last ask — a recurring negotiation gap worth pricing into any offer or listing strategy.
The retrade record
Lines that have traded more than once in the public record — the building’s appreciation arc, apartment by apartment.
Other recent transfers
| Date | Unit | Price |
|---|---|---|
| Mar 26, 2025 | PHA | $1,225,000 |
| Aug 4, 2022 | 4F | $650,000 |
| Jan 20, 2022 | 6A | $865,000 |
| Nov 28, 2017 | 3A | $1,495,000 |
| Oct 4, 2013 | 11D | $1,195,000 |
| Sep 24, 2013 | 9C | $860,000 |
Full closing history with price-per-square-foot over time, the complete retrade record, and every line that has traded.
Sales sourced from NYC Department of Finance recorded transfers (BBL 1-01363-0040) 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; square footage on co-ops is not officially recorded, figures shown are approximate.
What to know if you’re buying
This is a pre-war cooperative, so plan for a board package and interview, and confirm the building's rules on financing, subletting, and pieds-à-terre as part of your offer. The all-utilities-included maintenance is a genuine convenience — factor it into your cost comparison, since it bundles expenses that are separate at most buildings. Focus diligence on floor and light, layout flow and ceiling height, the presence of period features, and the age of kitchens, baths, and systems. Review the development's financials and reserve position, and weigh the maintenance against the full-service staffing and utilities it covers. The cul-de-sac setting and near-river calm are assets that hold value.
What to know if you’re selling
Lead with the building's pedigree and setting: an Emery Roth–designed, Bing & Bing–built 1931 cooperative on a secluded Beekman cul-de-sac, with salmon-brick Art Deco character, a private garden, and an all-utilities maintenance. These are real differentiators. Benchmark to comparable Beekman and Sutton pre-war cooperatives, stage to the home's pre-war character and any signature features, and present renovation history clearly. A clean, well-prepared board package will smooth the cooperative approval process and support the price.
Comparable buildings
If you're considering The Southgate, also evaluate these Beekman, Sutton, and East 50s pre-war and full-service peers:
- 410 East 52nd Street — Southgate sibling on the same cul-de-sac
- 415 East 52nd Street — full-service building on the block
- 430 East 57th Street — McKim, Mead & White pre-war cooperative nearby
- 138 East 50th Street — Midtown East elevator building
- 135 East 54th Street — Midtown East building to the west
The Roebling Team at The Southgate
The Roebling Team at Compass specializes in Sutton Place, Midtown East, and the broader pre-war cooperative market. We publish this profile because buyers and sellers evaluating an Emery Roth cooperative like The Southgate deserve building-specific intelligence — the architecture, the development's pedigree, the board's rules, and where the pricing sits among Beekman pre-war inventory.
If you're considering a purchase or sale at The Southgate, a 30-minute consultation is the right starting point.
Get the full picture on this building.
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