Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $675,000

· Closed February 7, 2025

515 E 7TH Street #2N
Closed For Sale Co-op

$675,000

$587 per sq ft

515 E 7TH Street #2N

Kensington, Brooklyn

The Manchester

MLS® #RLS10988509

RLS at REBNY

Listing by Douglas Elliman Real Estate

2

Bedrooms

2

Baths

1,150

Sq. Ft.

1961

Year Built

Quick Summary

Bedrooms 2
Bathrooms 2
Living Area 1,150 sq ft
Year Built 1961
Ownership Co-op
Maintenance $1,035/mo
Parking Garage
Neighborhood Kensington
Floor 2 of 6

Property Highlights

  • Exposure: North,West facing
  • Outdoor Space: None, Balcony
  • Parking: Private garage

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 4
Baths 2 Full
Floor 2 of 6
Exposure North,West
Pets Yes
Year Built 1961
Living Area 1,150 sq ft
Parking Garage Available
Structure Type HighRise
Basement Other
Parcel # 05376-0058-00515-000-000002N
Block/Lot 05376/0058

Listing History

Event Date Price Change
Listed Jul 16, 2024 $699,000 -
Currently Jun 7, 2026 $675,000 -3.4%

Description

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 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.

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.

Features & Amenities

Interior Features

Building None

Exterior Features

Building Courtyard Balcony None Balcony

Building Amenities

Elevators Storage

Building Information

Building The Manchester
Building Data View Compliance & Permits
Total Units 122
Stories 6
Structure HighRise

Financial Details

Maintenance $1,035/mo
Original Price $699,000
Sale Price $675,000
Previous Price $699,000

Kensington is a residential Brooklyn neighborhood bordered by Prospect Park to the north and the landmarked Green-Wood Cemetery to the west, with Ocean Parkway running through its center as one of the borough's signature tree-lined boulevards. The housing stock includes brick rowhouses, prewar co-op apartment buildings along Ocean Parkway and Coney Island Avenue, and detached Victorian homes on the side streets, served by the F and G trains at Fort Hamilton Parkway and Church Avenue. The B and Q express trains are accessible within a short walk, providing a 30-to-35-minute commute to Midtown Manhattan.

Kensington Live Market Data

View Neighborhood

Active Listings

47

Median Asking Price

$649K

Median $/Sqft

$799

Avg Days on Market

N/A

New This Week

3

Price Reduced

23%

Sold (30 Days)

5

Median Sale Price

$975K

Live data from RLS at REBNY • Updated 6/7/26, 4:51 PM EST

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Location

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515 E 7TH Street #2N, Kensington, Kings County

Building Information

Official NYC property records for this building

1931
Year Built
95 years old
5
Floors
R6
Zoning District

Tax & Assessment

Assessed Value: $127,115,550
Land Value: $4,508,550
Exemptions: $127,115,550

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 139,150 SF
Building Area: 577,381 SF
Built FAR: 4.15
Allowed FAR: 2.43

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed monthly maintenance are $1,035 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 2 bedrooms and 2 full bathrooms.

The listed interior living area is 1,150 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1961, making it approximately 65 years old.

This listing is a co-op (stock cooperative). Buyers purchase shares in a corporation rather than real property, and the board must approve all sales.

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $675,000 for 1,150 sq ft, the asking price per square foot is approximately $587. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or [email protected]. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS10988509
First Listed: 7/16/2024
On Market: 7/16/2024
Price Changed: 2/8/2025
Closed: 2/7/2025
Contract Date: 7/16/2024

Listing Courtesy of Douglas Elliman Real Estate - Oleg Polonsky

Listing Contact: (646) 256-0899

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the 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. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 6/7/2026 at 8:51 PM UTC

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