The name “Bing and Bing” resonates with anyone who has studied architecture or has sold real estate in New York City.  The development firm, named after the brothers Leo and Alexander, was responsible for some of the finest buildings of the early 20th century, often teaming up with preeminent architect Emery Roth.  

The Southgate complex, located in the exclusive Beekman Place neighborhood, is tucked into a private cul-de-sac between First Avenue and the East River.  This pre-war co-op consists of five buildings, four of which extend along the south side of 52nd Street and a fifth building which fronts East 51st Street.  In sum there are about 450 residences.

If you are looking for a beautifully designed tidy studio under $500K, Apartment 6-I at 400 East 52nd Street could be a perfect fit.  Artfully designed with a profusion of builtins, this three-room studio offers just about everything one might dream for in an apartment at this size and price.

Given the lineage of this pre-war building, it is not surprising to find a proper foyer entry, itself defined with stone tiles.  The living area, warmed by oak strip flooring and south-facing windows, has a wall of custom builtins, including a Murphy Bed. A second room, which is separated in part by an floor-to-ceiling open bookshelf, offers more builtins, fully optimizing every nook of this fine residence.  An upholstered banquette with underneath storage and a dignified built-in desk with overhead shelving highlight the room.

The kitchen is its own space and features a stainless steel range and backsplash, an integrated refrigerator and dishwasher, marble countertop and a large south-facing window.  The bathroom has been tastefully renovated and gives off an art-deco feel. And lest not forget about the custom walk-in closet which only adds to the fabulous storage options provided by this studio.

400 East 52nd Street has a full-time doorman, a live-in super and on-site management.  The co-op allows pied-a-terres and is pet friendly.  

This marvelous Southgate studio is being offered at $459,000.  The monthly maintenance is $1092 and includes electrical charges.  The apartment is being represented by Brenda Steward and Abigail Boucher of Douglas Elliman.  To view full details, please visit Linecity.com.