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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. ©2025 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 for no listing shall the number of bedrooms listed be considered a legal conclusion.

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  1. Home
  2. Buy
  3. New York City
  4. Brooklyn
  5. 11218
  6. 515 East 7th Street #5H
Property thumbnail
1 / 17
Stock Cooperative•Kensington

515 East 7th Street #5H, New York City, NY 11218

Listing Courtesy of Abacus Properties LLC

$625,000

Potential Rebate: $9,375

Stock Cooperative
2 Beds
1 Bath
4 Rooms
950 sqft
Built 1961
658/ft²
Listed on Sep 15, 2025
102 days on market
Book a Tour

Overview

Prime Kensington! This modern 2 bedroom, 1 bath is a corner unit located on the 5th floor with unobstructed, bright & sunny southern and western views. The open kitchen with a large island, flows into the large living/dining area and is brightly lit from a wall of western windows. A wall of closets also neatly tucks away a custom home office. The modern kitchen features custom stainless counters, wood cabinets and stainless steel appliances including a dishwasher and microwave. Separated by the windowed modern bathroom, the bedrooms each have good closets and southern exposure. The master is huge and can accommodate a king size bed and much more. This unit has hardwood floors, great storage through out and thru-wall AC units in each room. Heat, hot water and cooking gas are included in maintenance.<br>Please check out the Virtual Tour attached to this listing, albeit with different furniture, it is the same unit.<br>This building currently qualifies for a very low 5.625% - 30 year fixed mortgage rate for first time home buyers through Valley National Bank<br><br>The Manchester is a postwar building and one of Kensingtons most desirable coops, it features 2 updated elevators, newer windows, boiler & roof, indoor parking garage (wailtisted), central laundry, additional storage & bike room and a large outdoor green space. There is a live in super & full-time porter. Located Just Off Cortelyou Rd, it is just 3 blocks from the Ditmas Park Strip of great restaurants, bars, cafes and a weekend farmers market. Public transportation options offer the Q, B, F & G trains & the express buses, BM1, 2, 3 & 4 (which go directly to downtown and midtown Manhattan. You can get to Battery Park within one 20 min stop) Prospect Park is just blocks away. The Manchester is Cat Friendly Sorry No Dogs

Home Features

  • •Window Unit(s)
  • •Radiant
  • •Building Inside
  • •Common Area
  • •Garage
  • •Building Storage
  • •Private Outdoor Space Under 60 Sqft
  • •Storage

Building Amenities

  • •Garage

Estimated Monthly Payment

$4,040 per month

30 year fixed, 6.28% Interest

Principal and Interest
$3,088
Property Taxes
$0
Maintenance/Common Charges
$952

Estimated Rebate for this Home

One-time rebate at closing

$9,375

Monthly savings impact

$26/mo

💡 Estimated at 1.5% of purchase price

The rebate is paid to you at closing and can help offset closing costs or other expenses.

Calculator Disclaimer: This calculator provides estimates for informational purposes only. Actual monthly payments, interest rates, taxes, and rebate amounts may vary. The rebate calculation is an estimate and subject to final terms. This information is not provided by the Real Estate Board of New York (REBNY).

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Listings

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. ©2025 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 for no listing shall the number of bedrooms listed be considered a legal conclusion.

The Real Estate Rebate Team

Listing Courtesy of Abacus Properties LLC

Data Source: TRESTLE #RLS20048744

REBNY Logo

Price Analysis

Compare average listing prices and value metrics for The Manchester against the surrounding Kensington market.

Based on 1 active units in building vs 39 in area

Average List Price

Building$625.0K
Neighborhood$839.5K

Price Per SqFt

Building Avg$658/ft²
Neighborhood Avg$919/ft²
Value Opportunity

28.42% Lower

than the Kensington price-per-sq-ft average

Units in this building are listed below the neighborhood average, potentially offering better value per square foot compared to surrounding properties.

Kensington

Overview of Kensington

Kensington is adjacent to Prospect Park South. For buyers seeking Kensington Brooklyn real estate, it offers diversity and value.

Living in Kensington is friendly. As a Brooklyn NYC neighborhood, it is a melting pot.

Real Estate

Homes for sale in Kensington are co-ops and Victorians.

Lifestyle

The lifestyle is community-rich.

Transportation

F/G/Q trains.

Amenities

Prospect Park access.

Best For

Diverse families.

Kensington GuideAll Neighborhoods
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