Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $310,000

· Closed January 26, 2022

2531 E 7th Street #4-D
Closed For Sale Co-op

$310,000

$282 per sq ft

2531 E 7th Street #4-D

Sheepshead Bay, Brooklyn

Lincoln Gardens

MLS® #RLS10763470

RLS at REBNY

Listing by R New York

2

Bedrooms

1

Bath

1,100

Sq. Ft.

1953

Year Built

Quick Summary

Bedrooms 2
Bathrooms 1
Living Area 1,100 sq ft
Year Built 1953
Ownership Co-op
Maintenance $800/mo
Parking Garage
Neighborhood Sheepshead Bay
Floor 4 of 6

Property Highlights

  • Exposure: East facing
  • Climate Control: Other
  • Parking: Private garage

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 5
Baths 1 Full
Floor 4 of 6
Exposure East
Cooling Other
Pets Yes
Cross Street Gerald Court/Kathleen Court
Year Built 1953
Living Area 1,100 sq ft
Parking Garage Available
Block/Lot 7224/50

Listing History

Event Date Price Change
Listed Aug 6, 2021 $310,000 -
Price Reduced Apr 1, 2022 $350,000 +12.9%

Features & Amenities

Interior Features

Common Area

Building Information

Financial Details

Maintenance $800/mo
Sale Price $310,000
Previous Price $350,000

Sheepshead Bay is a scenic waterfront neighborhood in Southern Brooklyn, famous for its fishing fleet, piers, and seafood restaurants. The area offers a unique maritime atmosphere with a relaxed, residential vibe. The real estate market features a mix of traditional multi-family brick houses, spacious pre-war cooperatives, and a growing number of modern luxury condominiums that offer stunning views of the bay and easy access to the beaches of Coney Island and Manhattan Beach.

Sheepshead Bay Live Market Data

View Neighborhood

Active Listings

23

Median Asking Price

$770K

Median $/Sqft

$493

Avg Days on Market

N/A

New This Week

1

Price Reduced

43%

Sold (30 Days)

0

Median Sale Price

N/A

Live data from RLS at REBNY • Updated 5/18/26, 12:25 AM EST

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Location

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2531 E 7th Street #4-D, Sheepshead Bay, Kings County • Near Gerald Court/Kathleen Court

Building Information

Official NYC property records for this building

1953
Year Built
73 years old
6
Floors
84
Residential Units
R5
Zoning District
Elevator Apartments

Tax & Assessment

Assessed Value: $4,188,600
Land Value: $402,750
Exemptions: $261,672

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

Lot Area: 36,000 SF
Building Area: 95,796 SF
Built FAR: 2.66
Allowed FAR: 1.5

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 $800 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 2 bedrooms and 1 full bathroom.

The listed interior living area is 1,100 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1953, making it approximately 73 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.

Pet policy requires confirmation with the listing broker.

At the current list price of $310,000 for 1,100 sq ft, the asking price per square foot is approximately $282. 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: RLS10763470
First Listed: 8/6/2021
Price Changed: 4/1/2022
Closed: 1/26/2022
Contract Date: 8/6/2021

Listing Courtesy of R New York - Debbie Sulner

Listing Contact: (212) 688-1000

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 5/18/2026 at 4:25 AM UTC

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