Manhattan condos $1,629/sf 2%Manhattan co-ops $283K/room 5%Central Park perimeterPark Ave $478K/room 19%CPW $350K/room 5%Fifth Ave $501K/room 19%Billionaires' Row $4,272/sf 24%Tribeca $1,941/sf 2%
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Cooperative · 1930
Southgate
433 East 51st Street, New York, NY 10022
Buildings·Sutton Place·Cooperative

433 East 51st Street

433 East 51st Street, New York, NY 10022

Midtown East

BBL 1013630012 · BIN 1040137

ArchitectEmery Roth
DeveloperBing & Bing
CorridorSutton Place
At a glance
Year built
1930
Type
Cooperative
Landmark
No
The Data Room

Every recorded sale at this building, 2003–2026

Bedroom-by-bedroom medians, the full transfer record, and how units trade against ask.

1BR median
$568K
Recent range
$515K – $1.5M
Listing discount
1.7%
Recorded transfers
112

Southgate is a Bing & Bing building designed by Emery Roth, and for a prewar New York co-op there are few better pedigrees. Bing & Bing were among the city's premier builders of upper-middle-class housing in the 1920s and 1930s, and Roth was the era's defining apartment-house architect. Together they produced 433 East 51st Street in 1930 as one of five sister residences collectively known as Southgate — a coordinated development that brought serious prewar quality to the quiet blocks of Beekman.

Beekman itself is the draw. This pocket of the East 50s, sloping down toward the East River, is one of Manhattan's most tranquil residential enclaves — tree-lined, low-key, and removed from the commercial bustle a few blocks west, yet minutes from Midtown. A Roth-designed, Bing & Bing co-op here delivers exactly what buyers seek in the neighborhood: prewar architecture, real proportions, full-service staffing, and a genuinely peaceful setting.

For buyers, the proposition is a blue-chip prewar co-op with a recognized architectural lineage, a landscaped private garden, and a pet-friendly, pied-à-terre-friendly board — a combination that is increasingly hard to find in Midtown's prewar stock.

Architecture and unit composition

Emery Roth's hand shows in the building's proportion and restraint: a thirteen-story prewar masonry building with the well-handled massing, regular fenestration, and quiet dignity that define Roth's residential work. As part of the five-building Southgate group, 433 East 51st Street shares the development's coordinated design and its handsome landscaped garden, a shared green amenity that is a genuine rarity in the neighborhood.

The building holds 81 cooperative residences, a prewar mix running from one-bedrooms to larger classic layouts, several refined or combined over the building's cooperative life. Prewar construction here means the qualities buyers prize: solid masonry, hardwood floors, real room proportions, and the architectural detail of a Roth building. Individual homes vary in layout and condition, which rewards careful evaluation.

Building operations

Southgate operates as a full-service cooperative: a full-time doorman, a live-in resident manager, a laundry room, a bicycle room, and private storage, organized around the development's landscaped private garden. Electricity is included in the maintenance — a notable feature that simplifies monthly budgeting. On policy, the building is well-suited to a range of buyers: pets are permitted, pied-à-terre ownership is allowed, and a 2% flip tax applies, paid by the buyer. These are settled, buyer-friendly terms that broaden the building's appeal relative to stricter prewar co-ops.

Local Law 97

Carbon-penalty exposure
🟢
Strong — under cap in both periods
2024–2029 annual penalty
$0 (under cap)
2030–2034 annual penalty
$0 (under cap)
Per unit / month range
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

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.

Inspection history
2005–10
Safe
2010–15
SWARMP
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
SafeLatest filing: Safe — no repairs required at that inspection.
SWARMPLatest filing: repairs required before the next inspection cycle.
UnsafeLatest filing: unsafe conditions requiring corrective action.

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.

DateUnitApartmentPricePPSFvs. Ask
Jul 10, 20265G
1 BR · 1 BA
$570,000-2.6%
Apr 22, 20269A
2 BR · 2 BA · 1,250 sf
$1,475,000$1,180/sf-1.7%
Apr 13, 20262F
1 BR · 1 BA
$735,000+0.0%
Feb 2, 202611E
2 BR · 2 BA · 1,140 sf
$995,000$873/sf-6.1%
Dec 15, 20255E
1 BR · 1 BA
$514,653-0.1%
Dec 15, 20255E
1 BR · 1 BA
$514,654-0.1%
Nov 18, 20252G
1 BR · 1 BA
$540,000-1.6%
Aug 25, 20253G
1 BR · 1 BA
$595,000+0.0%

Market read. Most recent trades (2026) cleared a median $1,035/sf across 2 sales. Median listing discount 3.7% 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.

10G+69%
$385,000 2003$485,000 2010$650,000 2018
3F · 850 sf+54%
$460,000 ($541/sf) 2003$710,000 ($835/sf) 2005$725,000 ($853/sf) 2009$710,000 ($835/sf) 2012
5A · 1,250 sf+51%
$825,000 ($660/sf) 2004$1,065,000 ($852/sf) 2011$1,245,000 ($996/sf) 2021
2F+46%
$505,000 2021$735,000 2026
2G+45%
$372,500 2011$565,000 ($685/sf) 2017$540,000 2025

Other recent transfers

DateUnitPrice
Dec 3, 200310G$385,000
View all 112 recorded transfers, sortable

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 1-01363-0012) 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 cooperative, so a purchase runs through a board package and interview. The building's terms are buyer-friendly: pets are permitted, pied-à-terre purchases are allowed, electricity is included in maintenance, and a 2% flip tax is paid by the buyer at closing — a cost to factor into your budget from the start. We help buyers understand the building's financing posture and prepare a board package that presents cleanly.

The variables that drive value here are exposure, floor, and condition. A garden- or open-facing upper-floor home is a materially different asset from an interior lower line, and in a 1930 building, thoughtfully renovated homes command the premium. We help buyers read the floor plans, weigh condition against price, and benchmark against the Beekman prewar co-op inventory.

What to know if you’re selling

Lead with the pedigree. The Emery Roth design, the Bing & Bing provenance, and the Southgate development's landscaped garden are durable, recognizable differentiators that distinguish a resale here from generic East 50s stock.

Buyer-friendly terms widen the pool. A pet-friendly, pied-à-terre-friendly board with electricity included in maintenance appeals to a broad set of buyers; these terms belong in the marketing.

Condition and exposure drive pricing. Renovated, well-exposed homes command the premium; a well-presented home should foreground its updates, proportions, and garden or open views.

Turnover is thin, which helps. With a long-tenured ownership base, available inventory is genuinely limited, and a well-presented listing benefits from that scarcity.

Comparable buildings

If you're considering 433 East 51st Street, also evaluate the surrounding Beekman and East 50s co-op stock:

The neighborhood

For the full corridor — architecture, schools, transit, and pricing across Sutton Place — read The Roebling Team Guide to Sutton Place.

Preparing a board package for this building?

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.

Prefer to speak directly? Schedule a consultation →
Corey Cohen, Principal · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com
Considering a sale?

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.