Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $286,000

Listed at $299,000 · Sold 4.3% below asking · Closed April 16, 2026

2531 E 7th Street #1J
Closed For Sale Co-op

$299,000

$389 per sq ft

2531 E 7th Street #1J

Sheepshead Bay, Brooklyn

MLS® #RLS20054120

RLS at REBNY

Listing by RE Max Edge Group

1

Bedroom

1

Bath

768

Sq. Ft.

1953

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Living Area 768 sq ft
Year Built 1953
Ownership Co-op
Maintenance $336/mo
Parking Assigned
Neighborhood Sheepshead Bay
Floor 1

Property Highlights

  • Style: Prewar architecture

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 3
Baths 1 Full
Floor 1
Heating None
Cooling None
Pets Yes
Year Built 1953
Living Area 768 sq ft
Parking Features Assigned
Architectural Style Prewar
Structure Type None
Flooring Hardwood
Furnished Unfurnished
Parcel # 07224-0050-02531-000-000001J
Block/Lot 07224/0050

Listing History

Event Date Price Change
Listed Oct 11, 2025 $315,000 -
Currently Apr 21, 2026 $299,000 -5.1%

Description

Welcome to Lincoln Gardens, one of the most popular and well-maintained co-op communities in Sheepshead Bay! This bright corner one-bedroom home offers approximately 800 sq. ft. of comfortable living space and has been tastefully renovated from top to bottom. The apartment features a smart and functional layout with generously sized rooms, including a large entry foyer with two closets, a windowed large kitchen with granite countertops and stainless steel appliances, a separate dining area, and a windowed bathroom. Natural light fills every room, highlighting the beautiful floors and the overall spacious feel of this charming residence. Theres plenty of storage throughout, with more closets in the bedroom and hallway.The Co-op offers storage rooms, bike storage, and an indoor garage where you can rent a space for one or two cars, or even a motorcycle. The financially sound, 100% owner-occupied complex offers low monthly maintenance that includes all utilities and low real estate taxes. The building has modern laundry rooms, beautiful renovated hallways, and new elevators, and also offers the services of a live-in superintendent. Located just moments from the Belt Parkway, B/Q trains, and an abundance of shopping, restaurants, and local amenities, Lincoln Gardens is a quiet and convenient place to live.





Features & Amenities

Interior Features

Building Inside Common Area None Flooring: Hardwood

Building Amenities

Elevators

Appliances

Microwave

Financial Details

Maintenance $336/mo
Original Price $315,000
Sale Price $286,000
Previous Price $315,000

Maintenance Includes

Electricity,Gas,Water

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

27

Median Asking Price

$838K

Median $/Sqft

$469

Avg Days on Market

N/A

New This Week

0

Price Reduced

22%

Sold (30 Days)

2

Median Sale Price

$286K

Live data from RLS at REBNY • Updated 4/21/26, 9:31 AM EST

Similar Listings in Sheepshead Bay

View All

Location

Loading map...

2531 E 7th Street #1J, Sheepshead Bay, Kings County

Frequently Asked Questions

Common questions about this property

The current listed monthly maintenance are $336 per month. The fee covers: Electricity,Gas,Water. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $0, or roughly $0 per month. Verify the current assessment with your attorney before closing.

This property has 1 bedroom and 1 full bathroom.

The listed interior living area is 768 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 $299,000 for 768 sq ft, the asking price per square foot is approximately $389. 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 mcoste@kwnyc.com. 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: RLS20054120
First Listed: 10/11/2025
On Market: 10/11/2025
Price Changed: 11/5/2025
Closed: 4/16/2026
Contract Date: 10/11/2025

Listing Courtesy of RE Max Edge Group - Faig Mikayilov

Listing Contact: (718) 612-3088

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 4/21/2026 at 1:31 PM UTC

Buying a Co-op? Start Here

Co-op vs. Condo: Which Is Right for You?

Ownership structure, board approval, financing: the full comparison.

Read article

How to Ace Your Co-op Board Interview

What boards look for, common questions, and how to prepare.

Read article

NYC Flip Tax Guide for Sellers

What co-op flip taxes are, how they're calculated, and who pays.

Read article

HDFC Co-ops: Complete Guide

Income limits, resale caps, and how to qualify for affordable co-ops.

Read article

Interested in this property?

Get a response within 2 hours

Your info is secure and never shared.

View Active Listings Call Milton