Southgate

On the maintenance, the doorman buildings are $2-2.25 per sq ft without any special amenities as the taxes have continued to increase. This is not out of line.

Here is a discussion about Southgate I started about a month ago. I think there are a few others if you want to do a google search for "streeteasy" and "southgate".

Consensus was that it is not a sexy project, a little distant from subways and jobs. Few families, at least those with kids. I like it though as a good retirement option. Good value I think with some unit prices under $1,000 psf. Maintenance seems average as 300 said.

https://streeteasy.com/talk/discussion/43244-sale-at-414-east-52nd-street-10f

Thank you 300_mercer about maintenance. I am new to NYC and don't know the market. I just compared with some similar size units from open houses I went in the midtown east, such as 136 East 56th, 240 east 55th street, and 153 east 57th street. They all seem at a better locations.

Also thanks ximon for your search tips and link. Especially your discussion gave me a lot of detailed info. Otherwise, I will never find by myself. Actually I went to open house at Southgate yesterday and saw exactly what you pointed out. Moreover, I like the dead end quietness and also W/D allowed in the unit (hard to find in NYC). The listing broker is living in the building. She said 25% down pay and 2 years maintenance + mortgage required. If it is not due to high maintenance and lower floor darkness, may have already gave a try offer. For now, will still keep this building in my shortlist since its price is attractive. My goal is to find something within walking distance to Bryan Park/Central Park and have W/D in the unit. May be too difficult.