Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $477,000

· Closed January 9, 2024

Closed For Sale Condo

$477,000

$956 per sq ft

733 OCEAN Parkway #3D

Kensington, Brooklyn

ARBOR

MLS® #RLS10926028

RLS at REBNY

Listing by Corcoran Group

1

Bedroom

1

Bath

499

Sq. Ft.

2023

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Living Area 499 sq ft
Year Built 2023
Ownership Condo
HOA/Common Charges $234/mo
Property Taxes $156/yr
Neighborhood Kensington
Floor 3 of 9

Property Highlights

  • Views: City
  • Climate Control: Central Air
  • New Construction: Brand new building

Property Details

Type Condo
Ownership Condominium
Total Rooms 3
Baths 1 Full
Floor 3 of 9
View City
Cooling Central Air
Pets Yes
Year Built 2023 (New)
Living Area 499 sq ft
Structure Type HighRise
Basement Other
Parcel # 05428-1108
Block/Lot 05428/0000

Listing History

Event Date Price Change
Listed Mar 28, 2023 $490,000 -
Currently Apr 22, 2026 $477,000 -2.7%

Description

Welcome to Arbor condominium, a striking new development that is home to the newest luxurious residences. Experience the pinnacle of contemporary living at this exquisite condominium, which offers a unique advantage as the last tax abated building in south Brooklyn. Enjoy the best of both worlds as you relish in modern luxury while benefiting from significant tax savings. Located in Kensington, a location that offers easy access to all the entertainment offerings of the city, this property is the perfect fusion of comfort and convenience. This condominium offers the perfect balance of style and substance.

Welcome to Residence 3D, a cozy and charming one-bedroom, one-bathroom apartment with floor-to-ceiling east-facing exposure that floods the space with natural light. The separated linear kitchen provides a functional and efficient cooking area, while the unique layout adds character and personality to the home.

Interior features include floor to ceiling windows, Ferrero Lengo Italian pre- finished doors with magnetic locks, LED Light Fixtures, Individual room thermostats for Daiken Split System units and Vallelunga Italian Porcelain floors with radiant heat throughout to ensure a warm and cozy ambiance during the colder months. To add further convenience, every unit is equipped with a washer/dryer. With every detail meticulously crafted to perfection, this real estate masterpiece is a true testament to refined elegance.

The vented kitchen boasts a paneled and stainless-steel Samsung and Beko appliance package. The 0-Radius sink creates a functional addition, while the Calacatta quartz countertops and matching backsplash, along with soft close Copatlife custom Italian cabinetry, create a stunning focal point. The adjustable under-cabinet lighting adds an extra layer of ambiance to the space, making it perfect for hosting guests or enjoying a relaxing meal.

The bathrooms are a perfect blend of functionality and luxury, offering everything you need for your daily routine and relaxation. Featuring medicine cabinets with LED lit mirrors, demister, under-cabinet accent light and built-in clock, as well as a rain shower with stainless-steel handheld showerheads, this bathroom has all the convenient amenities you'll need. Additionally, the 32-inch-wide soaking bathtubs with arm rests, fully accessorized bathrooms, wall-hung vanity with storage, and frameless glass shower door in the ensuite bathroom add to the functionality of the space. With attention paid to every detail, this bathroom is both elegant and practical, providing a comfortable and relaxing environment for your daily routine.

This property offers a variety of amenities to make your living experience more enjoyable. Take in stunning views of Brooklyn's and Manhattan's skyline from the rooftop, which features a fully amenitized lounge and picnic areas, as well as a BBQ grill and kitchenette. Private cabanas are also available for purchase. Stay active with our fully equipped modern gym, complete with treadmills, stationary bikes, elliptical machines, free weights, benches, yoga mats and more. The modern lounge with co-working area offers a comfortable space to get work done or relax. It features custom design and connects seamlessly with the tree-lined Ocean Parkway Malls. With Optional parking available for purchase, our amenities are designed to make your life easier, more comfortable, and more enjoyable.

733 Ocean Parkway offers an exceptional living experience that blends high-quality finishes, modern amenities, and a 421A tax abatement. Each home boasts elegant color palettes and high-end finishes that accentuate the space and natural light. Whether you're seeking a peaceful retreat or an ideal space to entertain, our residences offer the perfect balance. Located in the heart of Brooklyn, our prime location puts you just minutes away from the area's most attractive parks, entertainment venues, restaurants, lounges, cafes, stores, and more. Come experience the best that Brooklyn living has to offer at Arbor condominium located at 733 Ocean Parkway.
All measurements are approximate. Images are renders that were virtually staged.
Pictures Represent Various Layouts.
The complete offering terms are in an offering plan available from the File No: CD21-0132.

Features & Amenities

Interior Features

Smoke Free Building Other Washer Hookup In Unit

Exterior Features

Building Roof Deck

Building Amenities

Elevators Green Building

Building Information

Building ARBOR
Total Units 30
Stories 9
Structure HighRise

Financial Details

Common Charges $234/mo
RE Taxes $156/yr ($13/mo)
Original Price $490,000
Sale Price $477,000
Previous Price $490,000

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

51

Median Asking Price

$699K

Median $/Sqft

$814

Avg Days on Market

N/A

New This Week

6

Price Reduced

14%

Sold (30 Days)

6

Median Sale Price

$620K

Live data from RLS at REBNY • Updated 4/22/26, 8:14 AM EST

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Location

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733 OCEAN Parkway #3D, Kensington, Kings County

Virtual Tour

Floor Plans

Floor Plan

Building Information

Official NYC property records for this building

2015
Year Built
11 years old
9
Floors
30
Residential Units
R7A
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $2,201,855
Land Value: $259,660
Exemptions: $2,119,322

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

Lot Area: 6,075 SF
Building Area: 21,729 SF
Built FAR: 3.58
Allowed FAR: 4

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 common charges are $234 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $156, or roughly $13 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 499 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 2023, making it approximately 3 years old.

This listing is a condominium. Buyers receive a deed to their individual unit and own their space outright, subject to condo association rules.

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $477,000 for 499 sq ft, the asking price per square foot is approximately $956. 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: RLS10926028
First Listed: 3/28/2023
On Market: 3/28/2023
Price Changed: 1/9/2024
Closed: 1/9/2024
Contract Date: 3/28/2023

Listing Courtesy of Corcoran Group - Salomon Danielov

Listing Contact: (347) 306-4996

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 4/22/2026 at 12:14 PM UTC

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