NOT LISTED FOR SALE

502 E 7th St Brooklyn, NY 11218

Kensington Neighborhood

Estimated Value: $1,728,000 - $2,469,707

8 Beds
3 Baths
3,533 Sq Ft
$562/Sq Ft Est. Value

Last Sold June 23, 2022

Last sale price $1,575,000 $446 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $11,547/month

122 Days on Market

Highlights

  • Pre War Building
  • Terrace
  • Balcony
  • Ditmas Junior High school Rated A-
  • Community Garden
  • Garden

About This Home

As of June 2022

Fully detached and lovingly cared for legal 2-family home on a wide 33' x 100' lot with its own detached 2-car garage as well as additional side parking all centrally located in Kensington!

With 8 bedrooms and 3 bathrooms, this home is currently configured as an upper level duplex with their 5 beds and 2 baths, private outdoor space including breezy front porch and wide balcony, hardwood floors, high ceilings and abundant natural light from 4 exposures. Lower level unit is 3 beds 1 bath, front and back porches and direct access to the basement with full heigh ceilings. At over 3,500 sq ft in total, this very spacious home affords flexible layout possibilities.

Some of the notable improvements include fully finished attic space, recently installed roof on both the house and garage (only 2 years old), new hot water tank, and recently repointed brickwork. Lovingly cared for and awaiting your personal touch!

Located nearby to neighborhood amenities along the retail corridors of Cortelyou Rd and Church Ave. Only 1 block off Ocean Parkway and a short car, bike ride or stroll to Prospect Park and the Parade Ground as well as minutes to the F/G and Q lines.

Last Agent to Sell the Property

Lauren Fernandes

Compass License #10301216389 Listed on: 09/10/2021

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,909

Year Built

  • Built in 1925

Lot Details

  • Lot Dimensions are 33.0 x 100.0
  • Garden

Parking

  • Garage

Home Design

  • Pre War Building

Interior Spaces

  • 3,533 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Balcony
  • Terrace

Listing and Financial Details

  • Legal Lot and Block 33 / 5375

Community Details

Overview

  • Kensington Subdivision

Amenities

  • Community Garden
  • Building Terrace

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,909

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Cross Street: Avenue C/Cortelyou Road
  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: Kensington
  • Architectural Style: Prewar
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Living Area: 3533.0
  • Living Area Units: Square Feet
  • Rooms (Total): 15

Beds/Baths

  • Full Bathrooms: 3
  • Bathrooms Integer: 3
  • Bedrooms: 8

Exterior Features

  • Exterior Features: Building Garden, Balcony, Garden
  • Patio/Porch Features: Building Terrace, Terrace, Balcony

Garage/Parking

  • Garage: Yes

Lot Info

  • Lot Size Dimensions: 33.0 x 100.0

Building Info

  • Total Stories: 2
  • Year Built: 1925

Tax Info

  • Tax Block: 5375
  • Tax Lot: 33

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2021
Closed on
Jun 23, 2022
Sold by
502 E 7Th St Llc
Bought by
Nurul Chowdhury Llc
Seller's Agent
Lauren Fernandes
Compass
List Price
$1,575,000
Sold Price
$1,575,000
Current Estimated Value
$1,986,927

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$411,927
Avg. Annual Appreciation
7.55%
Original Mortgage
$1,137,500
Outstanding Balance
$1,085,221
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$901,706

Purchase Details

Closed on
Nov 10, 2010
Sold by
Shabat Shaul J
Bought by
502 E 7Th St Llc

Purchase Details

Closed on
Feb 23, 1995
Sold by
Shabat Ray and Shabat Yafa
Bought by
Shabat Shaul Jerry
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Nurul Chowdhury Llc $1,575,000 --
Nurul Chowdhury Llc $1,575,000 --
502 E 7Th St Llc -- --
502 E 7Th St Llc -- --
Shabat Shaul Jerry -- --
Shabat Shaul Jerry -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nurul Chowdhury Llc $1,137,500
Closed Nurul Chowdhury Llc $1,137,500
Previous Owner Shabat Shaul Jerry $39,000
Previous Owner Shabat Shaul Jerry $235,513
Previous Owner Shabat Shaul Jerry $252,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2022 06/23/22 Sold $1,575,000 0.0% $446 / Sq Ft
09/10/2021 09/10/21 For Sale $1,575,000 -- $446 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

Source: Public Records

Tax History

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
2025 $8,909 $140,280 $30,360 $109,920
2024 $8,909 $128,460 $30,360 $98,100
2023 $8,499 $138,240 $30,360 $107,880
2022 $7,882 $129,780 $30,360 $99,420
2021 $7,842 $109,380 $30,360 $79,020
2020 $7,842 $84,900 $30,360 $54,540
2019 $7,733 $84,900 $30,360 $54,540
2018 $7,109 $34,873 $10,283 $24,590
2017 $6,707 $32,901 $15,301 $17,600
2016 $6,208 $31,053 $17,615 $13,438
2015 $3,744 $31,053 $17,399 $13,654
2014 $3,744 $30,804 $14,671 $16,133
Source: Public Records

Agents Affiliated with this Home

  • Lauren Fernandes

    Seller's Agent in 2022

    Lauren Fernandes

    Compass

    (914) 830-9920

    1 in this area

    19 Total Sales

    Lauren Fernandes
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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10781058

Real Estate Board of New York (REBNY)

APN: 05375-0033

New York Kings County Brooklyn 11218 Kensington

502 E 7th St, Brooklyn, NY

This home is located at 502 E 7th St, Brooklyn, NY 11218 since 10 September 2021 and is currently estimated at $1,986,927, approximately $562 per square foot. This property was built in 1925. 502 E 7th St is a home located in Kings County with nearby schools including P.S. 179 Kensington, Ditmas Junior High school, and Yeshivat Shaare Torah Girls Elementary School.

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.

Real Estate Board of New York (REBNY) 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.

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