The Stephen Foster

The Stephen Foster is a Co-op located 855 East 7th Street, in Kensington, Brooklyn. The building was first built in 1963 and is 61 years old. The lot that the building was built on is 250 feet wide and 88 feet long. The official lot area is listed as 35,205 square feet. The building itself is 231 feet wide and 74 feet long. In total, 855 East 7th Street has a total floor area of 123,271 square feet. Of that, 123,271 square feet are used for residential purposes. There are a total of 131 units. Of those, 131 are residential units. 855 East 7th Street has a total of 6 floors. Thankfully, the building is equipped with elevator service.

Interested in learning more about the building? There are many great amenities and features for residents in the building. For your convenience, laundry is located in the building. If you drive, rest assured! The building has its own garage, which would come in super-handy for parking! Residents who own pets will be happy to hear that the building is pet-friendly. Only cats are allowed in the building. There are 137 closings on record, of which we have matching data for 30 listings. In the past 3 years, a listing in this building will typically remain on the market for about 179 days and tend to sell below the original asking price of $289,000 by 5.08%. Meaning, listings tend to sell at a median of $396 price per square foot. The transaction that took the longest to complete was unit 5T, listed on Apr 28, 2014 for $169,000. This particular unit ultimately sold 360 days later for $158,000. The most recent transaction was for unit 7C, sold for $0 on Jan 16, 2024. Fun fact, the oldest transaction we have on record took place on Oct 19, 1972. See the full transaction history for The Stephen Foster below.

Kensington, where 855 East 7th Street is located, has a median asking price of $410,000 for co-op buildings. Meanwhile, the building itself has a median asking price of $289,000. For interested buyers, that means the building's median asking price is around 0.30% below the neighborhood's median asking price for co-ops. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other co-op buildings in the neighborhood.

There are currently 3 active listings for sale within the building and our inventory of available units for sale is constantly updating in real time. Check back frequently for updates. Currently, the most expensive asking price for all of the active units in the building is $579,000. It is a 1,100 sqft 3 bedroom and 2 bathroom unit. Conversely, the least expensive asking price for all of the active units in the building is $189,000. It is a 550 sqft studio and 1 bathroom unit. A breakdown of active listings shows 1 studio, 1 three-bedroom, units for sale! The median price of all the active units for sale in the building is $498,000. Collectively, the median square footage of these active units for sale is 550 sqft. Active units for sale at 855 East 7th Street are mostly studio apartments and have a median count of 1 bathroom.