2 months on rocket

515 E 7th St Unit 2N, Brooklyn, NY, 11218

$699,000

Home List Price

$8,301*

Closing Credit

2 Bedrooms
1 Full Bath
1,150 SqFt
$608/SqFt
Condo

Location

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515 E 7th St Unit 2N, Brooklyn$699,000

Buyer Closing Credits

$8,301*

1.25% Loan Amount

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Property Highlights

Home TypeStock Cooperative
ParkingWait-List
Year Built1961
HeatingSteam
CoolingWall Unit(s)
FireplaceStove
MLS #484691
StatusActive

About 515 E 7th St Unit 2N

There is a new arrival at The Manchester, a well-known and meticulously maintained coop building in the heart of Kensington. A usable foyer with a double-closet leads you to a generous living room that exits to a deep and wide balcony that can accommodate a dining table and chairs. The bedrooms are of generous size (the 2nd bedroom is currently used as a dining room, but no structural changes are needed to start utilizing it as a bedroom again). The windowed eat-in kitchen was tastefully renovated in black and white finishes, and it offers generous quartz counters, and ample cabinetry. The main bathroom was nicely renovated and tiled, and the 2nd bathroom is not currently being used due to low occupancy in the apartment. The bold and original design choices of the wall and ceiling colors you can observe in the photos can be made neutral in a blink of an eye by a skilled painter. You will appreciate hardwood floors throughout this home, and generous closet space. The Manchester is a building with 6 stories, 2 elevators, a live-in Super, a Porter, and a laundry room. The reason it is one of the most sought-after Post-War coops in the Northern Kensington is because it is maintained with care by a tenured Superintendent and is located right on Cortelyou Rd., just 2 blocks from Cortelyou Rd, with its ever-changing mix of restaurants, shopping, and coffee shops. The Q train is just minutes to the East, and the first bicycle path on Ocean Parkway is a block away to the West. You will be only minutes away from the Ditmas Avenue statin of the F train. Storage and bike storage are waitlisted, and cats are Ok. There is an indoor, low-cost parking garage in the building, with a relatively short waitlist for the neighborhood. Cats are allowed. You can purchase this home with only 15% down – as long as it is still available. Low maintenance includes all utilities except electricity, and showings are available 7 days per week.

Property Details

Property Features

Property Information:

  • Year Built: 1961
  • Living Area: 1,150 SqFt

Listing Office:

  • Office Name: Douglas Elliman Real Estate

Interior Features

Interior Information:

  • Appliances: Dishwasher, Refrigerator, Stove
  • Flooring Type: Hardwood
  • Interior: Elevator
  • Fireplace: Stove

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Elevator

Parking Information:

  • Parking: Wait-List

Utilities

Utilities Information:

  • Heating: Steam
  • Cooling: Wall Unit(s)

Price Information

Listing Price Info

Price Summary:

  • List Price: $699,000
  • Price Per SqFt: $608/SqFt
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Housing Market Comparison

See how this home compares to others in Brooklyn, NY.

Med. Sold Price

$984.4K

Med. Price/SqFt

$696

Avg. Days On Market

103

# of Sold Homes

460

515 E 7th St Unit 2N vs Brooklyn

63 DAYS ON ROCKET

-40 Days

$699,000

-$285.4K Less

$608/SqFt

-$88 Less

KEY TAKEAWAY

This property is $285.4K less than the Median Sold Price and $88/SqFt less than other homes in Brooklyn, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #484691

Listing Office:

  • Office Name: Douglas Elliman Real Estate

IDX Information being provided by Brooklyn Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

The accuracy of all information, regardless of source, including but not limited to open house information, square footage and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Brooklyn Multiple Listing Service and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited.

Copyright © 2024 Brooklyn Multiple Listing Service. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 9/20/2024, 8:20:46 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-124197
7
/10
  • PS 179 Kensington

  • 202 Avenue C

  • 0.31 miles

  • Public District Grades PK-5

school-card-donut-124198
7
/10
  • PS 139 Alexine A Fenty

  • 330 Rugby Rd

  • 0.33 miles

  • Public District Grades PK-5

school-card-donut-124199
6
/10
  • PS 217 Colonel David Marcus School

  • 1100 Newkirk Ave

  • 0.48 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $45,734. Most Brooklyn, NY residents have annual incomes between $35k-100k. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 515 E 7th St Unit 2N

What is the listing price of this property?

The listing price of 515 E 7th St Unit 2N property is $699,000.

What type of property is this?

The property 515 E 7th St Unit 2N is a condo located in Brooklyn, New York, 11218.

Is this property for sale now?

Active Listing: 515 E 7th St Unit 2N is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 515 E 7th St Unit 2N has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 515 E 7th St Unit 2N is 1,150 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 515 E 7th St Unit 2N is 1961.

Rocket HomesNew YorkKings CountyBrooklyn11218515 E 7th St Unit 2N

This home is located at 515 E 7th St Unit 2N in Brooklyn, NY and zip code 11218 in the Kensington neighborhood. This 1,150 square foot home was built in 1961. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 19, 2024 and is currently priced at $699,000.

While more than 49 listings in Brooklyn, NY in August 2024 were sold above asking price, there were more than 257 listings sold at asking price, and more than 154 were sold below. Between July 2024 and August 2024, Brooklyn, NY real estate market has seen decrease in the number of listings by 7.7%. In August 2024, listings were on the market for 103 days. During the same period, the median list price in this real estate market was $984,431.

From Rocket Homes Real Estate and based on county public records data.

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