2 months on rocket

515 E 7th St Unit 1T, New York City, NY, 11218

$427,000

Home List Price

$5,071*

Closing Credit

1 Bedroom
1 Full Bath
830 SqFt
$514/SqFt
Condo

Location

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515 E 7th St Unit 1T, New York$427,000

Buyer Closing Credits

$5,071*

1.25% Loan Amount

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Property Highlights

Home TypeStock Cooperative
Year Built1961
MLS #RPLU-33423195844
StatusActive

About 515 E 7th St Unit 1T

Seller is offering Six months of Maintenance Fees PAID for a Contract Signed by December 30! That is a housewarming gift of $4536!!<br> <br> Qualifies for Community Loan offering 5.625% interest rate. Reach out for details!<br> <br> Welcome to 515 E 7th St. #1T NOT ON THE GROUND FLOOR!<br> <br> This oversized one-bedroom, one-bathroom apartment (easily converts to a 2 bedroom, see alternative floor plan) is in the heart of Kensington Brooklyn. Take one of two elevators or the stairs one flight up to be greeted by a large foyer with a double closet for coats, hats, and shoes. <br> <br> There are FIVE closets throughout, including 3 double closets and one walk-in! <br> <br> The open-concept living area offers versatility with several possible design plans including a dedicated dining area, perfect for hosting. The custom recessed lighting adds a modern touch. This GORGEOUS renovated kitchen makes a statement with its custom island that includes extra storage and a breakfast bar, stunning quartz countertops, and stainless steel appliances which include a gas range, built-in microwave, and dishwasher. The gray floor tiles and subway tile backsplash complete the kitchen's contemporary look, making it ideal for cooking enthusiasts.<br> <br> THIS KITCHEN IS A RARE FIND AT THIS PRICE POINT! <br> <br> Pass through the hallway with additional storage (including a walk-in closet!) to find the serene and country quiet king-size bedroom. This room offers ample space for various layouts, whether you prefer a full furniture set or a minimalist design. With large east-facing windows you will enjoy abundant morning light, and love the generous storage. Need a second bedroom? No problem, use this massive space to create two bedrooms. The original parquet wood floors add to the beauty throughout and both the living room and bedroom are equipped with thru-wall air conditioning.<br> The beloved Manchester co-op provides numerous amenities, such as updated elevators, a landscaped lobby, live-in super, excellent porter service, laundry facilities, a bike room, and outdoor green space with a picnic table and garden areas. Private storage and PARKING are available with a short waitlist. Located near vibrant Cortelyou Road, you'll be close to restaurants, cafes, a farmer's market, and Prospect Park. Dining options include The Castello Plan, Sycamore Bar and Flower Shop, Lea, Bad Therapy, and Der Pioneer to name just a few. Public transportation includes the F, G, B, and Q trains, with Citibike stations nearby.<br> This charming apartment, with its flexibility and modern updates, offers a comfortable and convenient living experience in delightful Kensington. Cats are also welcome!<br>

Property Details

Property Features

Property Information:

  • Year Built: 1961
  • Living Area: 830 SqFt

Listing Office:

  • Office Name: Corcoran Group
  • Office Phone: (212) 355-3550
  • Listing Agent: Tonya Benham
  • Agent Phone: (347) 724-1654

Interior Features

Interior Information:

  • Basement: No
  • Interior: Dining Area

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Exterior: Building Courtyard, None

Price Information

Listing Price Info

Price Summary:

  • List Price: $427,000
  • Price Per SqFt: $514/SqFt

HOA Fees:

  • Amount: $756
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in New York, NY.

Med. Sold Price

$850.1K

Med. Price/SqFt

$667

Avg. Days On Market

85

# of Sold Homes

1747

515 E 7th St Unit 1T vs New York

88 DAYS ON ROCKET

+3 Days

$427,000

-$423.1K Less

$514/SqFt

-$154 Less

KEY TAKEAWAY

This property is $423.1K less than the Median Sold Price and $154/SqFt less than other homes in New York, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: REBNY
  • MLS Number: #RPLU-33423195844

Listing Office:

  • Office Name: Corcoran Group
  • Office Phone: (212) 355-3550
  • Listing Agent: Tonya Benham
  • Agent Phone: (347) 724-1654

IDX ©2024 The Real Estate Board of New York, Inc., All rights reserved. Website powered by IHR Technology Services.

Listing information for certain New York City properties provided courtesy of the Real Estate Board ofNew York’s Residential Listing Service (the “RLS”). The information contained in this listing has not beenverified by the RLS and should be verified by the consumer. The listing information provided here is forthe consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property.

This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market.
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: 12/18/2024, 4:20:55 AM 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.

Payment Calculator

$2,955

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,347

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-4381170
5
/10
  • P.S. 179 The Kensington School

  • 202 Avenue C

  • 0.31 miles

  • Public Magnet Grades KG-5

school-card-donut-4381171
6
/10
  • P.S. 139 Alexine A. Fenty School

  • 330 Rugby Rd

  • 0.33 miles

  • Public District Grades PK-5

school-card-donut-4381172
4
/10
  • P.S. 889 Brooklyn

  • 21 Hinckley Pl

  • 0.38 miles

  • Public District Grades PK-KG

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $45,734. Residents of New York, NY typically earn between $35k-100k each year. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 515 E 7th St Unit 1T

What is the listing price of this property?

The listing price of 515 E 7th St Unit 1T property is $427,000.

What type of property is this?

The property 515 E 7th St Unit 1T is a condo located in New York City, New York, 11218.

Is this property for sale now?

Active Listing: 515 E 7th St Unit 1T 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 1T has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 515 E 7th St Unit 1T is 830 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 515 E 7th St Unit 1T is 1961.

Rocket HomesNew YorkKings CountyNew York11218515 E 7th St Unit 1T

This home is located at 515 E 7th St Unit 1T in New York City, NY and zip code 11218 in the Kensington neighborhood. This 830 square foot home was built in 1961. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since September 20, 2024 and is currently priced at $427,000.

Over 220 listings were sold over their listed price in November 2024 in New York, NY. In the same period over 758 listings were sold below the listed price and 769 listings were sold for the listed price. The inventory of homes for sale in New York, NY between October 2024 and November 2024 decreased by 7.2%. The median list price of listings available in November 2024 was $850,115, while the average time on the real estate market was 85 days.

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

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