424 East 52nd Street
424 East 52nd Street, New York, NY 10022
Midtown East
BBL 1013630037 · BIN 1040143
- Year built
- 1931
- Type
- Cooperative
- Landmark
- No
Every recorded sale at this building, 2003–2026
Bedroom-by-bedroom medians, the full transfer record, and how units trade against ask.
- 1BR median
- $590K
- Recent range
- $408K – $1.2M
- Listing discount
- 3.5%
- Recorded transfers
- 109
424 East 52nd Street — Southgate — is one of the buildings that made Beekman what it is. Erected in 1931 by Bing & Bing, the era's most discerning apartment developer, and designed by Emery Roth, it sits on the tranquil cul-de-sac that runs east toward the river between Beekman Place and Sutton Place. The address belongs to a distinguished five-building complex that helped transform this corner of the East Side into a sought-after residential enclave — a pedigree of developer and architect that few pre-war buildings can match.
For buyers, the case is both the heritage and the practicality. Southgate offers the Bing & Bing-and-Roth pedigree, a landscaped garden, and full pre-war staffing — and it pairs that with an accommodating board: it is pet-friendly, permits 80% financing and guarantors, allows pied-à-terre ownership and subleasing, and includes electricity in the maintenance. That combination of prestige and flexibility is genuinely rare in pre-war Beekman.
Architecture and unit composition
Emery Roth designed Southgate in the refined pre-war vocabulary that made his name across Manhattan — well-proportioned masonry, gracious public spaces, and the carefully drawn interior layouts the firm was known for. The Bing & Bing imprint shows in the quality: the brothers built for permanence and for the discerning tenant, and Southgate's setting on a quiet cul-de-sac with a landscaped garden reflects that ambition.
The apartments are pre-war in plan and detail — beamed ceilings, traditional moldings, generous closet space, and hardwood floors throughout — across layouts that range from intimate homes to larger family-sized residences. As with any pre-war co-op, condition varies apartment to apartment, but the underlying proportions and the building's quiet, garden-facing setting are constants that buyers consistently value.
Building operations
Southgate runs as a full-service cooperative: a 24-hour doorman, an on-site resident manager, porters, a landscaped garden, bike storage, private storage as available, and central laundry — with electricity included in the maintenance, a meaningful and somewhat unusual cost saving. The board's policies are notably buyer-friendly for a pre-war building: pets are welcome, 80% financing and guarantors are permitted, and pied-à-terre ownership and subleasing are allowed. As a co-op, purchases proceed by share transfer through a board package and interview; the financing and sublet flexibility broadens the buyer pool relative to stricter neighbors.
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
The latest available filing classified the facade as SWARMP — Safe With A Repair and Maintenance Program: the engineer identified conditions requiring monitoring or repair before the next inspection cycle. The scope, timeline, and how the building funds the work are building-specific — we review the filings and board materials 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 7, 2026 | 5A | 2 BR · 2 BA | $1,155,000 | +5.0% | |
| Dec 15, 2025 | 4F | 1 BR · 1 BA | $705,000 | -2.8% | |
| Oct 20, 2025 | 5E | 1 BR · 1 BA · 900 sf | $550,000 | $611/sf | -6.0% |
| Jun 12, 2025 | 2NC | 2 BR · 2 BA | $990,000 | +0.0% | |
| Jan 3, 2025 | 10F | 1 BR · 1 BA | $700,000 | -2.1% | |
| Aug 15, 2024 | 4B | 1 BR · 1 BA | $590,000 | -5.6% | |
| Apr 16, 2024 | 10A | 2 BR · 2 BA | $1,125,000 | -4.3% | |
| Feb 12, 2024 | PHC | 3 BR · 2 BA | $1,430,000 | off-mkt |
Market read. $/sf is measured on the latest sales with reliable square footage (2025): a median $676/sf across 1 sale. The building has traded as recently as 2026. Median listing discount 4.2% from the last ask — a recurring negotiation gap worth pricing into any offer or listing strategy.
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 1-01363-0037) 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
The board posture is a standout. Permitted pets, 80% financing, guarantors, pied-à-terre ownership, and subleasing make Southgate one of the more accessible pre-war co-ops in Beekman — a real advantage for buyers who need financing or want flexibility in how they hold the apartment. Within the building, floor, light, and condition drive price; garden-facing and renovated upper-floor homes carry the premium. The setting is the long-term draw: a quiet cul-de-sac steps from the East River esplanade, with the 57th Street corridor, the Bridgemarket retail under the Queensboro Bridge, and First/Second Avenue transit all close by. The electricity-included maintenance is worth modeling into the carrying-cost comparison.
What to know if you’re selling
A resale here markets on an exceptional pedigree — Bing & Bing development, Emery Roth design, a landscaped garden on a coveted Beekman cul-de-sac — paired with the rare flexibility of an accommodating board and electricity-included maintenance. Benchmark to other pre-war Beekman and Sutton co-ops, and lead with the differentiators: the pedigree, the garden setting, and the buyer-friendly financing and sublet policies that expand the pool. Present the apartment to its board-package strengths; co-op timelines run on the board calendar, so packaging and pricing that move the home to contract efficiently matter.
Comparable buildings
If you're considering 424 East 52nd Street, also evaluate these Beekman, Sutton, and Midtown East pre-war peers:
- 345 East 57th Street — Schwartz & Gross pre-war Sutton cooperative
- 433 East 57th Street — pre-war Sutton Place cooperative
- 1 Sutton Place South — Cross & Cross's 1927 Sutton Place cooperative
- 1 Beekman Place — Beekman pre-war cooperative
- 2 Beekman Place — Beekman pre-war cooperative
- 400 East 51st Street — The Grand Beekman, nearby
The neighborhood
For the full corridor — architecture, schools, transit, and pricing across Sutton Place — read The Roebling Team Guide to Sutton Place.
The full playbook — what goes in the package, how boards read your financials, the interview, and the timeline — plus sample cover, reference, and personal letters you can adapt.
Considering a move at Southgate?
Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at Southgate would likely sell for today, what it costs to sell, and what you’d walk away with — reviewed personally against condition, exposures, renovation quality, and the competition actually on the market.