--- title: "2531 East 7th Street #2G, New York City, NY 11235" description: "2531 East 7th Street #2G, New York City, NY 11235 — Sheepshead Bay, New York City, NY. Listing Price $235,000. 1 bed, 1 bath Illustrative Buyer Commission Share of $3,525 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11235/2531-east-7th-street-2g-ny-11235" source: "Real Estate Rebate Team" dateModified: "2026-10-21T21:24:40.244Z" status: "Active" --- # 2531 East 7th Street #2G, New York City, NY 11235 Sheepshead Bay, New York City, NY Courtesy of Corcoran Group Last updated: October 21, 2026, 5:24 PM ## At a Glance - **Listing Price**: $235,000 - **Beds**: 1 - **Baths**: 1 - **Common Charges**: $439 / mo - **Monthly Taxes**: $437 / 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**: $235,000 - **Illustrative Buyer Commission Share**: -$3,525* - **Illustrative Net Cost**: $231,475 *Illustrative Buyer Savings of $3,525 — 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 (7) ![2531 East 7th Street #2G, New York City, NY 11235 — photo 1 of 7](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/2431132d-a9cc-4dd9-a6af-20965cfe73e1.jpg) ![2531 East 7th Street #2G, New York City, NY 11235 — photo 2 of 7](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/a3f482bc-0aaa-4af5-90e1-6287249c278e.jpg) ![2531 East 7th Street #2G, New York City, NY 11235 — photo 3 of 7](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/2107ca43-dfaa-4951-ae3a-40e0ed0c121e.jpg) ![2531 East 7th Street #2G, New York City, NY 11235 — photo 4 of 7](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/9ebdf53e-033e-4521-8bf9-28ab2387792c.jpg) ![2531 East 7th Street #2G, New York City, NY 11235 — photo 5 of 7](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/5282a7e4-c8f8-4f9b-9a1c-a16cf615c606.jpg) ![2531 East 7th Street #2G, New York City, NY 11235 — photo 6 of 7](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/a0e122f8-3bca-4ef4-ae8d-f9ea2b3b0459.jpg) ![2531 East 7th Street #2G, New York City, NY 11235 — photo 7 of 7](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/f471228e-db46-43cb-bf5a-43a5b2bfb335.png) ## Property Overview Discover the potential of this spacious one-bedroom in the sought-after Lincoln Garden complex, ideally located in the heart of Sheepshead Bay. Perched on the 2nd floor, this bright and airy apartment enjoys both eastern and western exposures, bringing in abundant natural light throughout the day. The generous layout features a comfortable living room, an oversized hallway, and a king-sized bedroom with plenty of space for your furniture and storage needs. The separate windowed kitchen and bathroom provide excellent natural light and ventilation. While the apartment is move in ready, it offers a wonderful opportunity to create a home tailored to your personal style and needs—all at an attractive price point. The building itself has recently seen substantial improvements, including a beautifully renovated lobby and brand-new elevators. Located near Sheepshead Bay’s parks, waterfront, restaurants, shopping, and convenient transportation, this is an excellent opportunity to create your own home in one of Brooklyn’s vibrant and well-connected neighborhoods. Bring your vision and make this apartment your own! ## Property Details - **Property Type**: Co-op - **Beds**: 1 - **Baths**: 1 - **Rooms**: 4 - **Stories**: 6 - **Year Built**: 1953 - **Common Charges**: $438.55 / Monthly - **Monthly Taxes**: $437 / mo - **Listed On**: Oct 21, 2026 - **Days on Market**: 1 Days ### Residence Features - Common On Floor - Common Area ## Estimated Monthly Payment **$2,064 / month**, assuming a 20% down payment ($47,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $1,188 - **Property Taxes**: $437 - **Common Charges**: $439 Estimates only. Actual payments may vary. Confirm terms with your lender. ## Sales and market data ### How this price compares - **This home**: $235,000 - **Median sold price**: $300,000 - **Difference**: -$65,000 (-21.7%) - **Comparable sales**: 5 - **Sales from**: July 2025 – August 2026 - **Middle half of those sales**: $275,000 – $304,000 Based on co-op one-bedroom sales in Sheepshead Bay. Square footage is recorded for only 2 of these 5 sales (40%), 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. This building has not had enough comparable sales of its own in the period to support a median, so the benchmark is drawn from Sheepshead Bay instead. ### How these sales were negotiated - **Sale-to-list price**: 98.6% (5 sales) - **Sold below asking**: 60% (5 sales) - **Typical time to find a buyer**: 27 days (5 sales) - **Typical time to close**: 112 days (5 sales) Based on co-op one-bedroom sales in Sheepshead Bay with the required listing and closing data. Sample sizes vary by metric. These are two separate periods measured on different clocks — time to find a buyer, and time from agreed deal to closing. They are medians of different sets of sales and do not add together into a single "days on market" figure. 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 2531 East 7th Street](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/2531-east-7th-street) ## About The Building ### 2531 East 7th Street 2531 East 7th Street, Brooklyn, NY 11235 A building in the neighborhood, currently featuring 1 active listing. - **Year Built**: 1953 - **Active Units**: 1 - **Floors**: 6 [View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/2531-east-7th-street) ### Available Residences — For Sale (1) | Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [2G](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11235/2531-east-7th-street-2g-ny-11235) | 1 | 1 | — | — | $235,000 | Corcoran Group | Oct 21, 2026 | 1 days | ## Sheepshead Bay Overview of Sheepshead Bay [Explore Sheepshead Bay](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/sheepshead-bay) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods) ### Nearby Sheepshead Bay - [Gerritsen Beach real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/gerritsen-beach) - [Manhattan Beach real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/manhattan-beach) - [Marine Park real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/marine-park) - [Brighton Beach real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/brighton-beach) - [Gravesend real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/gravesend) - [Midwood real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/midwood) ## Related Links - [2531 East 7th Street — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/2531-east-7th-street) - [Sheepshead Bay neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/sheepshead-bay) - [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.