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Introducing Residence 2D at Southgate - a refined pre-war sanctuary offering timeless elegance and exceptional charm.
This mint south-facing one-bedroom, one-bathroom home overlooks the tranquil Southgate gardens and is beautifully renovated to balance classic architectural detail with modern comfort. The grand living room features a wood-burning fireplace flanked by custom built-in bookcases, beamed 8'6"-ft ceilings, and refinished original hardwood floors. Four generous closets, including two walk-ins, provide ample storage throughout.
The formal dining area is enhanced by a hand-painted mural on canvas by Andrea Biggs, (signed 2005) inspired by the Hudson River School. The windowed kitchen is outfitted with custom Macre African cherry cabinetry, granite countertops, and stainless-steel appliances - a thoughtful space for both everyday cooking and entertaining.
The expansive primary bedroom features southern and western exposures, a windowed en-suite bathroom, and a large walk-in closet.
Designed by Emery Roth and developed in 1931 by Bing & Bing, the Southgate buildings sit on a picturesque cul-de-sac with East River and Queensboro Bridge views, opposite The River Club of NY and The River House. Southgate offers full-service amenities, including a 24-hour doorman, live-in Resident Manager, on-site management, landscaped gardens, laundry room, bike storage, and private storage. The cooperative is pet-friendly and permits co-purchasing, guarantors, gifting, subletting, and pied- -terres, offering flexibility to meet a variety of lifestyle needs. Ideally situated in the Beekman area, the home is moments from Peter Detmold Park and the East River Esplanade, with nearby conveniences like Whole Foods, Trader Joe's, Midtown Catch, and boutique shopping and dining options.
The maintenance includes electricity, water, steam heat, and other expenses. There is an ongoing assessment of $315. 90/mo until July 2027. 2% flip tax to be paid by Buyer.
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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Our Executive Mortgage Banker:
$785,000
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
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $628,000 | $628,000 | $628,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.750% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.634% | 6.890% | 6.078% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,867 | $4,073 | $5,257 |
| Total Monthly Payment | $3,959 | $4,165 | $5,349 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.