Note: the above is based on a down payment of 25% ($262,500),
which is the minimum amount permitted by the building.
Description
NO BOARD APPROVAL NECESSARY AND NO FLIP TAX!!
Welcome to "Southgate", a pre-war enclave created by Emery Roth and Bing & Bing in 1931. It is located in The Beekman Place area on the East River! Many celebrities, including John Lennon have lived here.
Arriving to Southgate, you feel like you’ve left the hustle and bustle of the city!
This is a rare opportunity to own a charming piece of New York history. Apartment 6A is a large Emery Roth designed split 2 Bedroom 2 Bath home.
Upon entering the home, you are greeted by an arched foyer. From there, you’ll enter a large dining area and a large square windowed kitchen that faces the gardens, but needs TLC. The home has original hardwood oak floors, high beamed ceilings, and even a wood-burning fireplace in the lovely living room that creates a warm and inviting atmosphere.
The large rooms are facing tree lined 52nd Street, and receive light through oversized windows. There’s enough space to relax in style, sprawl out with a good book, or entertain close friends.
The primary bedroom boasts a special treat – an original Emery Roth designed en-suite bathroom and dressing area. It easily fits a king-size bed and has huge closets, providing plenty of storage space for all your belongings.
The second bedroom is almost as big as the primary bedroom, with a northern exposure and walk-in closet.
Stepping out of the bedroom, you’ll find the second bathroom, which retains its classic pre-war charm.
Living at Southgate feels like living in a true neighborhood. People enjoy the strong sense of community between the five buildings and a shared private garden; that’s why so many residents move within the complex when a smaller or larger home is necessary, don’t be surprised during your walks to run into some of your favorite celebribities!
Southgate is a beautiful pre-war building steeped in history. The building has a full-time doorman, a beautifully landscaped garden, and even a bike room and laundry room.
Electricity is included in your maintenance fees, and a storage bin is available.
During the warmer months, people dine with their families in the garden and hold various club meetings there. At Christmas, carolers sing in the garden.
Southgate enjoys neighborhood parks, the East River Promenade, dog runs, fantastic restaurants, and cafes all within minutes. Walk to work, or public transportation is right there, making getting around a breeze.
The building has pet-friendly policiy and accommodates options for pied-à-terre ownership, co-purchasing, and guarantors. No financing requirements and no board approval. No flip tax.
Please call Robb M. Saar or Lucky Loxha at Engel & Voelkers for any additional information.
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