Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
495 E 7TH Street #2B

For Sale · Listing by Douglas Elliman Real Estate

495 E 7TH Street #2B

Kensington, Brooklyn

$315,000

Interested in this property?
Active For Sale Co-op

$315,000

495 E 7TH Street #2B

Kensington, Brooklyn

495 East 7th Street Corporation

MLS® #RLS20108492

RLS at REBNY

Listing by Douglas Elliman Real Estate

Studio
1
Bath
N/A
Sq. Ft.
1962
Year Built

Quick Summary

Bedrooms Studio
Bathrooms 1
Year Built 1962
Ownership Co-op
Maintenance $737/mo
Neighborhood Kensington
Floor 2 of 6

Property Highlights

  • Views: Other

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 2
Baths 1 Full
Floor 2 of 6
View Other
Pets Yes
Year Built 1962
Structure Type HighRise
Basement Other
Parcel # 05376-0068-00495-000-000002B
Block/Lot 05376/0068

Listing History

Event Date Price Change
Listed Aug 10, 2026 $315,000 -
Currently Aug 11, 2026 $315,000 -

Description

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 sleeping alcove has its own window, facing in the same direction. 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 recently updated and equipped with stainless steel appliances, with no shortage of cabinetry or countertop space. The bathroom is the gem, featuring a clean, contemporary design, a sleek glass-enclosed shower, crisp white fixtures, and stylish black accents. The hardwood floors are in very good condition, and one well-functioning A/C unit is included with the sale. Apartment 2B offers additional privacy, as there is no residential unit directly below it! 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 waitlisted. Free communal bike storage is also 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!

Features & Amenities

Interior Features

Building None

Exterior Features

Private Outdoor Space Over60 Sqft

Building Amenities

Elevators

Building Information

Financial Details

Maintenance $737/mo

Kensington is a residential Brooklyn neighborhood bordered by Prospect Park to the north and the landmarked Green-Wood Cemetery to the west, with Ocean Parkway running through its center as one of the borough's signature tree-lined boulevards. The housing stock includes brick rowhouses, prewar co-op apartment buildings along Ocean Parkway and Coney Island Avenue, and detached Victorian homes on the side streets, served by the F and G trains at Fort Hamilton Parkway and Church Avenue. The B and Q express trains are accessible within a short walk, providing a 30-to-35-minute commute to Midtown Manhattan.

Kensington Live Market Data

View Neighborhood

Active Listings

33

Median Asking Price

$699K

Median $/Sqft

$951

Avg Days on Market

N/A

New This Week

1

Price Reduced

21%

Sold (30 Days)

3

Median Sale Price

$538K

Live data from RLS at REBNY • Updated 8/11/26, 5:18 AM EST

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Location

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495 E 7TH Street #2B, Kensington, Kings County

Building Information

Official NYC property records for this building

1931
Year Built
95 years old
5
Floors
R6
Zoning District

Tax & Assessment

Assessed Value: $127,115,550
Land Value: $4,508,550
Exemptions: $127,115,550

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

Lot Area: 139,150 SF
Building Area: 577,381 SF
Built FAR: 4.15
Allowed FAR: 2.43

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 $737 per month. Confirm the exact amount with Milton Coste before making an offer.

This property has 0 bedrooms and 1 full bathroom.

According to MLS records, the building was constructed in 1962, making it approximately 64 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.

Pets are permitted at this property: 1 Cat allowed only,Building Pets Allowed Comments:1 Cat allowed only. Contact Milton Coste for weight limits or breed restrictions.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or milton@miltoncoste.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: RLS20108492
First Listed: 8/10/2026
On Market: 8/10/2026
Price Changed: 8/10/2026
Contract Date: 8/10/2026

Listing Courtesy of Douglas Elliman Real Estate - Oleg Polonsky

Listing Contact: (646) 256-0899

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 8/11/2026 at 9:18 AM UTC

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Kensington Market Update

3 sales last 30 days · $699K median · 11 months supply

Read Full Report

New listings in this building

Quick Facts

Status Active Type Co-op Neighborhood Kensington Borough Brooklyn
County Kings
Floor 2 of 6
Year Built 1962
First Listed 8/10/2026
Maintenance $737/mo

Monthly Costs Estimate

Down Payment 20%

$63,000

Interest Rate Loading...

Source: Freddie Mac PMMS

Loan Term 30 years

Est. Monthly Payment

$0

Principal & Interest $0
PMI (under 20% down) $0
Maintenance $737
Total Monthly $0

Estimates only. Consult a lender for exact figures.

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