Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
733 Ocean Parkway #7C
Interested in this property?
Active For Sale Condo

$899,000

$959 per sq ft

733 Ocean Parkway #7C

Kensington, Brooklyn

MLS® #RLS20103654

RLS at REBNY

Listing by Keller Williams Realty Empire

Open House Scheduled

Sunday, July 19 • 11:30 AM – 1:00 PM

REBNY 2025: signed Buyer Representation Agreement required before any showing.

2

Bedrooms

2

Baths

937

Sq. Ft.

2023

Year Built

Quick Summary

Bedrooms 2
Bathrooms 2
Living Area 937 sq ft
Year Built 2023
Ownership Condo
HOA/Common Charges $475.86/mo
Property Taxes $300/yr
Neighborhood Kensington
Floor 7 of 9

Property Highlights

  • Views: City
  • Exposure: East facing
  • Outdoor Space: Balcony

Property Details

Type Condo
Ownership Condominium
Total Rooms 4
Baths 2 Full
Floor 7 of 9
View City
Exposure East
Cooling Other
Pets Yes
Cross Street Parkville Avenue/Foster Avenue
Year Built 2023
Living Area 937 sq ft
Structure Type None
Parcel # 05428-1123
Block/Lot 5428/0007

Listing History

Event Date Price Change
Listed Jul 15, 2026 $899,000 -
Currently Jul 15, 2026 $899,000 -

Description

Envision a residence where morning light streams through floor to ceiling windows and a private balcony opens onto tranquil backyard views. Welcome to Arbor Condominium, Kensington's most distinguished new address and the last tax abated building in South Brooklyn. Residence 7C is a refined two-bedroom, two-bath home in which East-facing exposures illuminate an open living and dining space anchored by a thoughtfully designed L-shaped kitchen. The bedrooms are positioned at opposite ends of the residence to ensure exceptional privacy, and the primary suite is complemented by its own en-suite bath. Every element has been executed with care: Ferrero Lengo Italian pre-finished doors, Daikin climate control, and Vallelunga Italian porcelain floors with radiant heat that provide warmth throughout the cooler months, along with the everyday convenience of an in-unit washer/dryer. The kitchen is a study in craftsmanship, appointed with Calacatta quartz countertops and backsplash, soft close Copatlife custom Italian cabinetry, and a paneled Samsung and Beko appliance package, while the spa-inspired baths offer rain showers, LED lit mirrors, and generous 32-inch soaking tubs. Of particular distinction, this sale includes a private cabana, an exclusive personal retreat on the building's amenity level that is rarely offered to the market. It is a distinguished amenity that sets Residence 7C apart and confers lasting lifestyle value and resale appeal that few residences in the building can claim. Beyond the home, a remarkable rooftop presents sweeping views of the Brooklyn and Manhattan skylines, complemented by lounge and picnic areas, a BBQ grill and kitchenette, a fully equipped fitness center, and the elegant Arbor lounge and co-working space that connects seamlessly to the Ocean Parkway Malls. With its exceptional finishes, comprehensive amenities, and a valuable 421A tax abatement that keeps monthly taxes at just $25.00 through 2034, 733 Ocean Parkway represents a rare opportunity for end users, gifting, parents purchasing for children, or a 1031 exchange, and it is investor friendly, sublet friendly, and pet friendly. With monthly maintenance of only $475.86, the cost of ownership is as compelling as the residence itself. A home of this caliber, with a private cabana included, is an opportunity that seldom presents itself. All measurements are approximate. Images are renders that were virtually staged. Pictures represent various layouts. The complete offering terms are set forth in an offering plan available from File No: CD21-0132.

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed In Unit

Exterior Features

Balcony Building Roof Deck Private Outdoor Space Under60 Sqft Balcony

Building Amenities

Elevators

Appliances

Dryer Washer

Building Information

Financial Details

Common Charges $475.86/mo
RE Taxes $300/yr ($25/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

39

Median Asking Price

$560K

Median $/Sqft

$812

Avg Days on Market

N/A

New This Week

3

Price Reduced

28%

Sold (30 Days)

9

Median Sale Price

$598K

Live data from RLS at REBNY • Updated 7/15/26, 6:33 AM EST

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Location

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733 Ocean Parkway #7C, Kensington, Kings County • Near Parkville Avenue/Foster Avenue

Floor Plans

Floor Plan 1

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 $475.86 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $300, or roughly $25 per month. Verify the current assessment with your attorney before closing.

This property has 2 bedrooms and 2 full bathrooms.

The listed interior living area is 937 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 $899,000 for 937 sq ft, the asking price per square foot is approximately $959. 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 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: RLS20103654
First Listed: 7/15/2026
On Market: 7/15/2026
Price Changed: 7/15/2026
Contract Date: 7/14/2026

Listing Courtesy of Keller Williams Realty Empire - Alana McIntosh

Listing Contact: (646) 820-8441

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 7/15/2026 at 10:33 AM UTC

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