NOT LISTED FOR SALE

Lincoln Co-Operative Apartments 2514 E 7th St Unit 5J Brooklyn, NY 11235

Gravesend Neighborhood

Estimated Value: $400,000

2 Beds
1 Bath
1,000 Sq Ft
$400/Sq Ft Est. Value

Sale Details

Date Sold: September 2, 2025

Last sale price $335,000 $335 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $2,594 / mo

Highlights

  • Elevator
  • Bike Room
  • Handicap Accessible
  • P.S. 209 Margaret Mead Rated 9+

About This Home

As of September 2025

A bright and sunny 2-bedroom apartment in Lincoln Gardens, perfectly situated on a charming tree-lined street. This warm and welcoming home features a spacious hallway that flows into a cozy living room and a windowed, eat-in kitchen. Both bedrooms are generously sized . Lots of closet space .

Recent renovations to the building include upgrades to the elevator, boiler, and heater. Additional amenities include rentable storage, a bike room, and a gated common area.

The cooperative’s financials are solid and in good standing. There is currently a temporary assessment for improvements. The building is situated in a prime location, offering convenient access to transportation, stores, and restaurants.

Last Agent to Sell the Property

Diana Franceschi

J. Milo Real Estate Ltd Listed on: 01/13/2025

Last Buyer's Agent

Faig Mikayilov

RE/MAX Edge License #10301220271

RE/MAX Edge

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Co-Op

Year Built

  • Built in 1953

Lot Details

  • 871

Home Design

  • 1,000 Sq Ft Home
  • Entry on the 5th floor

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Additional Features

  • Handicap Accessible
  • Gas Available

Listing and Financial Details

  • 224 Shares in the Co-Op
  • $11,200 Flip Tax

Community Details

Overview

  • 200 Units
  • Association Phone (718) 445-9500
  • Lincoln Gardens Condos
  • Property managed by John B. Lovett & Associates
  • Board Approval is Required

Amenities

  • Elevator
  • Bike Room
  • Community Storage Space

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Co-Op

Year Built

Built in 1953

Lot Details

871 Sq Ft Lot

Listing Details

  • Bank Finance Y N U: Yes
  • Total Bathrooms: 1.00
  • Baths Total Level1: 1.00
  • Board Approval Y N U: Yes
  • Borough: Brooklyn
  • Confirmed By M L S Y N: Yes
  • Co Op Shares: 224.00
  • Cross Street: Coney Island Ave
  • Fee Includes Assessment Y N: No
  • Flip Tax Fee: 11200.00
  • Flip Tax Fee Type: $
  • Handicap Access Y N U: Yes
  • Maintenance Common Fee: 950.00
  • Property Sub Type: Coop
  • Prop. Type: Residential
  • Residential Features: Elevator
  • Fill Sq Ft Total: 1000
  • Stock Certificate Y N: Yes
  • Street Name I D X: 7th
  • Sub Lease Yn: No
  • Waterfront Present: No
  • Year Built: 1953
  • Special Features: None

Interior Features

  • Basement Full Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Floor: 5
  • Pets Allowed: No
  • Basement Type: Apartment

Exterior Features

  • Exterior Building Type: Semi-Detached

Utilities

  • Air Conditioning Units: 0
  • Utilities: Electric, Gas, Heat, Sewer, Water

Condo/Co-op/Association

  • Management Company: John B. Lovett & Associates
  • Manager Phone: 718-445-9500
  • Units In Building: 200

Lot Info

  • Building Project Name: Lincoln Gardens

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 5, 2024
Sold by
Bought by
Current Estimated Value
$400,000

Purchase Details

Closed on
Aug 18, 2016
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,400,000
Interest Rate
3.48%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 21, 2016
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,400,000
Interest Rate
3.48%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 13, 2007
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Gravesend, NY

  • Ana Chan Real Estate Agent - Wagner & Kelly Inc

    Ana Chan

    Wagner & Kelly Inc

    (516) 874-6576

    41 Total Sales

    1 in Gravesend

    $1,300,000 Price

    Ana Chan
     Section Image
  • Maurice Molcho Real Estate Agent - American Homes Group

    Maurice Molcho

    American Homes Group

    (917) 397-0054

    105 Total Sales

    1 in Gravesend

    $4,350,000 Price

    Maurice Molcho
     Section Image
  • Fran Reali Real Estate Agent - Safari Realty

    Fran Reali

    Safari Realty

    (347) 934-6719

    99 Total Sales

    3 in Gravesend

    $420K - $3.6M Price Range

    Fran Reali
     Section Image
  • Linda Fontana Real Estate Agent - Douglas Elliman Real Estate

    Linda Fontana

    Douglas Elliman Real Estate

    (855) 740-1798

    8 Total Sales

    1 in Gravesend

    $1,050,000 Price

    Linda Fontana
     Section Image
  • Christine Olivieri Real Estate Agent - Ben Bay Realty Co

    Christine Olivieri

    Ben Bay Realty Co

    (866) 849-5388

    34 Total Sales

    2 in Gravesend

    $1.1M - $1.3M Price Range

    Christine Olivieri
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$340,000 Titlevest Agency
$254,562 --
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed --
Closed --
Previous Owner --
Previous Owner --
Previous Owner --
Previous Owner --
Previous Owner --
Previous Owner --
Previous Owner $4,400,000
Previous Owner $500,000
Previous Owner $3,500,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/02/2025 09/02/25 Sold $335,000 -4.0% $335 / Sq Ft
01/13/2025 01/13/25 Pending -- -- --
01/13/2025 01/13/25 For Sale $349,000 -- $349 / Sq Ft
Source: Brooklyn Board of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $369,048 $3,639,150 $296,550 $3,342,600
2025 $352,148 $3,465,450 $296,550 $3,168,900
2024 $352,148 $3,394,350 $296,550 $3,097,800
2023 $250,282 $3,333,600 $296,550 $3,037,050
2022 $221,851 $0 $0 $0
2021 $204,894 $0 $0 $0
2020 $101,937 $2,824,650 $296,550 $2,528,100
2019 $199,850 $2,668,050 $296,550 $2,371,500
2018 $257,207 $2,540,250 $296,550 $2,243,700
2017 $261,314 $2,440,350 $296,550 $2,143,800
2016 $239,622 $2,272,950 $296,550 $1,976,400
2015 $164,890 $2,066,400 $296,550 $1,769,850
2014 $164,890 $1,937,700 $284,400 $1,653,300
Source: Public Records

Agents Affiliated with this Home

  • Diana Franceschi Real Estate Agent - J. Milo Real Estate Ltd

    Seller's Agent in 2025

    Diana Franceschi

    J. Milo Real Estate Ltd

    (646) 812-2004

    2 in this area

    11 Total Sales

    Diana Franceschi
    Section Image
  • Faig Mikayilov Real Estate Agent - RE/MAX Edge

    Buyer's Agent in 2025

    Faig Mikayilov

    RE/MAX Edge

    (646) 643-8397

    20 in this area

    80 Total Sales

    Faig Mikayilov
    Section Image
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About Lincoln Co-Operative Apartments

Map

Source: Brooklyn Board of REALTORS®

MLS Number: 488541

Brooklyn Board of REALTORS®

APN: 07223-00115J

New York Kings County Brooklyn 11235 Gravesend

2514 E 7th St Unit 5J, Brooklyn, NY

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Brooklyn Board of REALTORS® The property information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.

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