4 months on rocket

515 E 7th St Unit 2N, New York City, NY, 11218

$699,000

Home List Price

$8,301*

Closing Credit

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

Location

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

Buyer Closing Credits

$8,301*

1.25% Loan Amount

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Property Highlights

Home TypeStock Cooperative
Year Built1961
MLS #RPLU-5123106277
StatusActive

About 515 E 7th St Unit 2N

<p>There is a new arrival at The Manchester, a well known and meticulously maintained coop building in the heart of Kensington.</p><p>A usable foyer with a double-closet leads you to a generous living room that exits to a deep and wide balcony that can accomodate 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. </p><p>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 a few blocks to the East, and the first bicycle path on Ocean Parkway is a block away to the West. You will be only 5 short blocks 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.</p>

Property Details

Property Features

Property Information:

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

Listing Office:

  • Office Name: Douglas Elliman Real Estate
  • Office Phone: (212) 891-7000
  • Listing Agent: Oleg Polonsky
  • Agent Phone: (646) 256-0899

Interior Features

Interior Information:

  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Building Courtyard, Balcony

Price Information

Listing Price Info

Price Summary:

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

HOA Fees:

  • Amount: $1035
  • Frequency: Monthly
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Housing Market Comparison

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

Med. Sold Price

$856.1K

Med. Price/SqFt

$645

Avg. Days On Market

84

# of Sold Homes

1952

515 E 7th St Unit 2N vs New York

121 DAYS ON ROCKET

+37 Days

$699,000

-$157.1K Less

$608/SqFt

-$37 Less

KEY TAKEAWAY

This property is $157.1K less than the Median Sold Price and $37/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-5123106277

Listing Office:

  • Office Name: Douglas Elliman Real Estate
  • Office Phone: (212) 891-7000
  • Listing Agent: Oleg Polonsky
  • Agent Phone: (646) 256-0899

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: 11/16/2024, 5:20:49 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

$4,591

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,162

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-67080
5
/10
  • P.S. 179 The Kensington School

  • 202 Avenue C

  • 0.31 miles

  • Public Magnet Grades KG-5

school-card-donut-67081
6
/10
  • P.S. 139 Alexine A. Fenty School

  • 330 Rugby Rd

  • 0.33 miles

  • Public District Grades PK-5

school-card-donut-67082
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 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 New York City, 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 CountyNew York11218515 E 7th St Unit 2N

This home is located at 515 E 7th St Unit 2N in New York City, 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 17, 2024 and is currently priced at $699,000.

New York, NY housing market in October 2024 saw over 269 listings sold above listed price, more than 850 sold at listed price and over 833 sold below. The inventory of homes for sale in New York, NY between September 2024 and October 2024 increased by 1.8%. While the average time on the market in October 2024 was 84 days, the median list price was $856,124.

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

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