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Step inside this beautifully renovated south-facing junior 4 bedroom with convertible 2nd bedroom option located in the highly sought-after Southgate community. Apt 4F offers a perfect blend of modern luxury and classic charm, with southern views overlooking the building's gardens. Upon arrival you are greeted by a formal entry foyer with an enormous walk-in storage closet. This leads into an elegant living room. Flooded with natural light streaming through three large windows. The updated and expanded eat-in kitchen is a chef's dream, featuring stainless steel appliances, sleek granite countertops, and ample cabinet space, providing incredible storage options. The dining area off the kitchen is spacious enough to create a cozy breakfast nook or additional separate office/nursery/den. The generously sized primary bedroom is a pin-drop quiet, tranquil retreat with South and East exposures. The apartment overlooks a unique, block-long garden that has been featured in the media and is the site of many art showings. Additional features of this home include central air conditioning, custom cabinetry throughout, a wood-burning fireplace and hardwood floors. The apartment is move-in ready, with no detail overlooked.
Built in 1931 and designed by Emery Roth, The Southgate is an iconic part of Manhattan's Beekman neighborhood. This distinguished white-glove cooperative offers residents a full suite of amenities, including a full-time doorman, live-in resident manager, a landscaped garden with a friendly play area, laundry facilities, storage, and a bicycle room. Pieds- -terre and pets are allowed. Washer/dryer installation is permitted with board approval. Electricity is included in the maintenance. 80% financing is allowed. 424 East 52nd Street provides an exceptional balance of city convenience and peaceful surroundings, with nearby parks, dog runs, and the new East River Promenade. All showings are by appointment only. Please email or call listing agent for a private showing.
Please note: As of May 2024, a capital assessment of $300. 30 per month will be in effect until 2027.
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $580,000 | $580,000 | $580,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.250% | 6.875% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.944% | 7.025% | 6.046% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,571 | $3,810 | $4,816 |
Total Monthly Payment | $3,663 | $3,902 | $4,908 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.