--- title: "495 East 7th Street #2B, New York City, NY 11218" description: "495 East 7th Street #2B, New York City, NY 11218 — Kensington, New York City, NY. Listing Price $315,000. Studio bed, 1 bath Illustrative Buyer Commission Share of $4,725 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11218/495-east-7th-street-2b-ny-11218" source: "Real Estate Rebate Team" dateModified: "2026-09-17T13:36:12.539Z" status: "Active" --- # 495 East 7th Street #2B, New York City, NY 11218 Kensington, New York City, NY Courtesy of Douglas Elliman Real Estate Last updated: September 17, 2026, 9:36 AM ## At a Glance - **Listing Price**: $315,000 - **Beds**: Studio - **Baths**: 1 - **Common Charges**: $737 / mo - **Brokerage Fee**: Share Eligible ## The Private Brokerage Advantage As an independent luxury buyer representative, Régis shares 50% of the buyer-side commission he actually receives on your purchase. Eligible buyers receive that Buyer Commission Share directly at closing to offset closing costs, down payments, or renovations. The figures below are illustrative, based on a **3% buyer-broker commission**; your share follows the commission offered on the transaction. - **Contract Purchase Price**: $315,000 - **Illustrative Buyer Commission Share**: -$4,725* - **Illustrative Net Cost**: $310,275 *Illustrative Buyer Savings of $4,725 — 50% of a 3% buyer-broker commission, shared at closing.* [Request a private tour](https://realestaterebatesnewyork.com/contact) · [Estimate your Buyer Commission Share](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) ## Photos (10) ![495 East 7th Street #2B, New York City, NY 11218 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/60f2627e-bf95-49ea-88ba-e62445a7ae9d.jpg) ![495 East 7th Street #2B, New York City, NY 11218 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/1facda91-9aec-4e43-be55-f86ebbb53a04.jpg) ![495 East 7th Street #2B, New York City, NY 11218 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/f59a3cfd-e886-408c-9ef4-ecc8f75ca81f.jpg) ![495 East 7th Street #2B, New York City, NY 11218 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/f690e813-71fa-4353-8b41-814809b39419.jpg) ![495 East 7th Street #2B, New York City, NY 11218 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/a3a02620-c45f-4d75-9416-43fdd7f0d04c.jpg) ![495 East 7th Street #2B, New York City, NY 11218 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/0e854a48-b910-4545-b4c9-48112db4e7d8.jpg) ![495 East 7th Street #2B, New York City, NY 11218 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/e477cd9a-f73e-4f99-b2a6-49d984bbf1e2.jpg) ![495 East 7th Street #2B, New York City, NY 11218 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/47832315-1a09-47ab-9b83-62b897be9019.jpg) ![495 East 7th Street #2B, New York City, NY 11218 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/986cf5ba-405d-4bc2-83d3-ad6a747e0099.jpg) ![495 East 7th Street #2B, New York City, NY 11218 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/6850a51d-83fd-4bbf-a2c5-cd96cd2dcc9b.jpg) ## Property Overview This oversized, East-facing alcove studio is calling your name. It is currently one of the largest on the market in Kensington, the only true L-shaped studio available, and a great alternative to much pricier options in Ditmas Park. Upon entering, you will be greeted by two closets, followed by a dining area/home office. The generous, well-proportioned living room features three East-facing windows, while the spacious sleeping alcove has its own East-facing window and comfortably accommodates a king-size bed. Natural light is not an issue, especially in the mornings. There is another closet right next to the bathroom, bringing the total to three. The kitchen was partially updated and equipped with stainless steel appliances, with no shortage of cabinetry or countertop space. The recently renovated bathroom is the gem, featuring a clean, contemporary design, a sleek glass-enclosed shower, crisp white fixtures, and stylish black accents. The floors are in very good condition, and one well-functioning A/C unit is included with the sale. Apartment 2B offers an unusual degree of privacy and quiet: there is no residential unit directly below, and only one neighboring apartment on the side. Monthly maintenance includes all utilities except electricity. Internet/cable choices are Fios or Optimum. Not only can this unit be purchased with just a 10% down payment, but the sublet policy is also one of the best among local Kensington co-ops. It is hard not to appreciate the impeccable condition of the ultra-modern lobby, hallways, elevator, and mailroom. There is a common laundry room in the building and a friendly live-in super. Parking and storage are available to residents, subject to a waitlist. Free communal bike storage is available. Live just off Cortelyou Road, in the Kensington/Ditmas Park vicinity, with quick access to dining and entertainment options. Choose between the Q or F trains for a very reasonable commute to the city or the beaches. An express bus stop is just a few blocks away on Cortelyou Road as well. This is a "cats-only" building (Emotional Support Animals and Service Animals are exempt from this restriction). Come to the kind of space that will make you wonder why you were looking elsewhere to start with! ## Property Details - **Property Type**: Co-op - **Baths**: 1 - **Rooms**: 2 - **Stories**: 6 - **Year Built**: 1962 - **Common Charges**: $737 / Monthly - **Listed On**: Aug 10, 2026 - **Days on Market**: 42 Days ### Residence Features - Private Outdoor Space Over 60 Sqft ## Estimated Monthly Payment **$2,330 / month**, assuming a 20% down payment ($63,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $1,593 - **Common Charges**: $737 Estimates only. Actual payments may vary. Confirm terms with your lender. ## Sales and market data ### Recent sales 22 apartments at 495 East 7th Street have recorded sales since September 2021, the most recent for $395,000 in August 2026. Prices are the figures recorded with the City, not asking prices. | Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source | | --- | --- | --- | --- | --- | --- | --- | | [4A](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11218/495-east-7th-street-a-4A-ny-11218) (Apartment) | 1 | — | $395,000 | — | August 25, 2026 | MLS | | [6J](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11218/495-east-7th-street-j-6J-ny-11218) (Apartment) | 1 | — | $363,000 | — | August 24, 2026 | MLS | | 7D (Apartment) | 1 | — | $415,000 | — | January 22, 2026 | City record · MLS | | 2F (Apartment) | 2 | 1,005 | $632,000 | $629/ft² | November 12, 2025 | City record · MLS | | 6D (Apartment) | 1 | — | $396,000 | — | June 9, 2025 | City record · MLS | | 4L (Apartment) | — | — | $519,000 | — | September 25, 2024 | City record | | 4D (Apartment) | 1 | 700 | $385,000 | $550/ft² | May 17, 2024 | City record · MLS | | 2H (Apartment) | — | — | $285,000 | — | September 28, 2023 | City record | | 3B (Apartment) | Studio | — | $294,000 | — | September 13, 2023 | City record · MLS | | 1H (Apartment) | Studio | 530 | $272,500 | $514/ft² | January 31, 2023 | City record | | 5-K (Apartment) | 1 | — | $438,000 | — | November 22, 2022 | City record · MLS | | 6N (Apartment) | 1 | 700 | $460,300 | $658/ft² | November 10, 2022 | City record · MLS | | 3B (Apartment) | — | — | $433,000 | — | October 28, 2022 | City record | | 5H (Apartment) | Studio | — | $275,000 | — | August 17, 2022 | City record · MLS | | 2C (Apartment) | 1 | 831 | $410,000 | $493/ft² | July 19, 2022 | MLS | | 6F (Apartment) | — | — | $520,000 | — | June 15, 2022 | City record | | 3E (Apartment) | 1 | 750 | $524,500 | $699/ft² | June 12, 2022 | MLS | | 2F (Apartment) | 2 | 1,000 | $524,500 | $525/ft² | June 9, 2022 | City record · MLS | | 6H (Apartment) | — | — | $260,000 | — | April 8, 2022 | City record | | 5B (Apartment) | Studio | — | $275,000 | — | March 21, 2022 | City record · MLS | | 4J (Apartment) | 1 | — | $420,000 | — | March 2, 2022 | City record · MLS | | 6M (Apartment) | 1 | 850 | $382,500 | $450/ft² | November 9, 2021 | City record · MLS | Every row is a recorded transaction, including ancillary spaces such as storage and staff rooms where they were sold separately. Those are excluded from the benchmark below. ### How this price compares - **This home**: $315,000 - **Median sold price**: $275,000 - **Difference**: +$40,000 (+14.5%) - **Comparable sales**: 4 - **Sales from**: March 2022 – September 2023 - **Middle half of those sales**: $274,375 – $279,750 Based on studio sales at 495 East 7th Street. Square footage is recorded for only 1 of these 4 sales (25%), so no price per square foot is shown for this group. Co-op sales rarely carry a floor area, and a figure drawn from a handful of them would not describe the rest. ### How these sales were negotiated - **Sale-to-list price**: 96.4% (3 sales) - **Sold below asking**: 100% (3 sales) Based on studio sales at 495 East 7th Street with the required listing and closing data. Sample sizes vary by metric. Sales data through August 2026. Sale prices are the consideration recorded with the City in ACRIS, and each sale is dated by the day the City recorded it. A closing date reported to the MLS typically falls one to two weeks earlier. Recorded sales describe what has already happened and are not an appraisal, a valuation, or an estimate of what this home will sell for. [See every recorded sale at 495 East 7th Street](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/495-east-7th-street-corporation) ## Property Taxes This apartment is part of a co-op that is taxed as one lot shared across 85 apartments. The corporation’s 2026 property tax bill was $367,743 for the whole building. Shareholders cover it through their monthly maintenance rather than a separate bill for this unit. [See the full property tax history for 495 East 7th Street](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/495-east-7th-street-corporation) [How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology) ## About The Building ### 495 East 7th Street Kensington · Stock Cooperative 495 East 7th Street, Brooklyn, NY 11218 A building in Kensington, currently featuring 3 active listings. - **Year Built**: 1962 - **Active Units**: 3 - **Floors**: 6 [View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/495-east-7th-street-corporation) ### Available Residences — For Sale (3) | Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [2B](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11218/495-east-7th-street-2b-ny-11218) | Studio | 1 | — | — | $315,000 | Douglas Elliman Real Estate | Aug 10, 2026 | 41 days | | [3J](https://realestaterebatesnewyork.com/new-developments/newyorkcity/brooklyn/11218/495-east-7th-street-j-3J-ny-11218) | 1 | 1 | — | — | $398,000 (-2.7%) | Douglas Elliman Real Estate | Jun 9, 2026 | 103 days | | [1J](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11218/495-east-7th-street-1j-ny-11218) | Studio | 1 | — | — | $285,000 | POLJAN PROPERTIES INC | Sep 3, 2026 | 17 days | ### Recently Sold (1) | Unit | Beds | Baths | Size | Price / Ft² | Sold Price | Listing Office | Listed Date | Sold Date | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [6J](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11218/495-east-7th-street-j-6J-ny-11218) | 1 | 1 | — | — | $363,000 | Douglas Elliman Real Estate | Nov 25, 2025 | Aug 24, 2026 | ## Kensington Overview of Kensington [Explore Kensington](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/kensington) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods) ### Nearby Kensington - [Flatbush real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/flatbush) - [Borough Park real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/borough-park) - [Windsor Terrace real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/windsor-terrace) - [Midwood real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/midwood) - [Prospect Park real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/prospect-park) - [South Slope real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/south-slope) ## Related Links - [495 East 7th Street — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/495-east-7th-street-corporation) - [Kensington neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/kensington) - [Estimate your Buyer Commission Share and closing costs](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) - [Contact Régis Roumila](https://realestaterebatesnewyork.com/contact) --- > RLS IDX Data display by Real Estate Rebate Team. This 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. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. > All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.