Property Description

Maintenance includes electricity - a huge savings!  In addition this seller is offering a 5 year Maintenance Credit of $500.40 per month (reflected in the advertised maintenance of $1,852). 

This gracious one-bedroom corner residence offers charm, scale-and a touch of Europe. With lush Southgate garden views, graceful archways, high beamed ceilings, a wood-burning fireplace, French doors, and hardwood floors, this renovated beauty is the perfect place to call home.

Enter through a welcoming gallery offering two closets and opening to both the living room and windowed kitchen each overlooking the renowned gardens of Southgate.

The large eat-in chef's kitchen is outfitted with top-tier appliances including Bertazzoni, Liebherr, and Miele, and offers abundant counter space and cabinetry, plus a full-size washer/dryer for added convenience.

The living room's elegant wood-burning fireplace serves as its centerpiece-perfect for cozy evenings-and is enhanced by  decorative archways, French doors and  integrated central air conditioning (PTAC unit).  A thoughtfully designed custom Murphy bed provides additional flexibility for the occasional guest.

A private hallway with a large walk-in closet leads to the expansive corner bedroom, which enjoys north and west exposures, additional garden vistas, and its own walk-in closet.

The renovated windowed bathroom features a deep soaking tub and heated towel rack.

Designed by the renowned architect Emory Roth in collaboration with developers Bing and Bing, 433 East 51st Street is a part of the Southgate community which comprises five pre-war, full-service cooperative buildings situated within the tranquil enclave of Beekman Place. Bordering the East River and adjacent to the pet-friendly Peter Detmold Park, a distinctive feature of this complex is its beautifully maintained park-like private gardens. These lush, landscaped areas provide residents with serene green spaces, enhancing the community's appeal and offering a peaceful retreat from the bustling city environment.

Additional Building Amenities: Full-Time Door Staff, Resident Manager, Laundry Room, Bike Room, Private Storage (as available), and On-Site Management

Additional Highlights:  Electricity is Included in Maintenance (a significant savings), 80% Financing and Guarantors Allowed,  Pied-à-Terre Ownership and Subleasing are Allowed. This is a Pet-Friendly Community

Financial Details:

     -A 5-year maintenance credit of $500.40 per month is being offered by the seller (a $30,024 credit at closing); this is reflected in the $1,852 advertised maintenance 
     -A capital improvement assessment of $292.50 through July 2027 will be paid off by the seller at closing
     -As an added incentive, the seller will pay half of the building's 2% flip tax, reducing

Property Features