For Sale · Listing by Compass
733 Ocean Parkway #3B
Kensington, Brooklyn
$450,000
733 Ocean Parkway #3B
MLS® #RLS20115686
Listing by Compass
Open House Scheduled
Sunday, September 20 • 2:30 PM – 4:00 PM
REBNY 2025: signed Buyer Representation Agreement required before any showing.
- Studio
- 1
- Bath
- 465
- Sq. Ft.
- 2023
- Year Built
Quick Summary
Property Highlights
- Exposure: West facing
- Outdoor Space: Balcony
- Climate Control: Central Air
Property Details
Listing History
| Event | Date | Price | Change |
|---|---|---|---|
| Listed | Sep 17, 2026 | $450,000 | - |
| Currently | Sep 19, 2026 | $450,000 | - |
Description
Welcome to Residence 3B at the Arbor Condominium, a thoughtfully designed studio in one of Kensington’s standout modern developments that offers a unique advantage as the last 421A tax-abated buildings in south Brooklyn. This bright, west-facing home overlooks the mature trees and greenery of Ocean Parkway, offering a peaceful outlook while keeping you connected to everything Brooklyn has to offer. The well-proportioned layout makes excellent use of space, with an open living area, a dedicated kitchen and dining area, and generous closet storage. Floor-to-ceiling windows make for a living space that is bathed in light, while the open design creates an easy flow for everyday living. The Juliet balcony is a lovely touch, allowing you to take in the fresh air and beautiful scenery. 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 residence is finished with Italian porcelain floors, radiant heat, LED lighting, individual thermostats, and Daikin split-system heating and cooling, along with high-quality doors and fixtures throughout. The spa-like bathroom features a soaking tub, rain shower and handheld showerhead, LED-lit medicine cabinet, wall-hung vanity with storage, and elegant contemporary finishes. A washer/dryer in the apartment adds an especially convenient touch. Arbor’s amenities extend well beyond the apartment. Residents enjoy a beautiful rooftop with sweeping Brooklyn and Manhattan skyline views, lounge and picnic areas, BBQ grill and kitchenette. The building also offers a fully equipped fitness center and stylish resident lounge. With its exceptional finishes, comprehensive amenities, and a valuable 421A tax abatement that keeps monthly taxes at just $12.58/month 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 $233.93, the cost of ownership is as compelling as the residence itself. Come see unit 3B– the perfect balance of tranquility and city living, with easy access to the best of Brooklyn and beyond.
Features & Amenities
Interior Features
Exterior Features
Building Amenities
Building Information
Financial Details
About Kensington
View All Kensington ListingsKensington 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 NeighborhoodActive Listings
45
Median Asking Price
$615K
Median $/Sqft
$835
Avg Days on Market
N/A
New This Week
10
Price Reduced
27%
Sold (30 Days)
11
Median Sale Price
$700K
Live data from RLS at REBNY • Updated 9/19/26, 2:43 PM EST
Similar Listings in Kensington
View All135 Ocean Parkway #3R
Co-op • RLS #RLS20115084
428 E 9TH Street #210
Condo • RLS #RLS20068727
428 E 9TH Street #208
Condo • RLS #RLS20040458
300 Ocean Parkway #3P
Co-op • RLS #RLS20098615
Active
640 DITMAS Avenue #17
Condo • RLS #RLS20078470
303 Beverley Road #4P
Co-op • RLS #RLS20115385
Browse More NYC Properties
In This Neighborhood
By Property Type
By Borough
Location
733 Ocean Parkway #3B, Kensington, Kings County
Floor Plans
Building Information
Official NYC property records for this building
Tax & Assessment
Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.
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
Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Building Data
NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning. Updated quarterly.
Market Data
RLS® at REBNY (Real Estate Board of New York). Live data updated in real-time.
Map & Location
OpenStreetMap contributors via Leaflet. Geocoding via Nominatim.
All data is provided for informational purposes only and should be independently verified. See our Data Sources Policy for more information.
Frequently Asked Questions
Common questions about this property
The current listed common charges are $233.93 per month. Confirm the exact amount with Milton Coste before making an offer.
The current listed annual property tax is $150.96, or roughly $13 per month. Verify the current assessment with your attorney before closing.
This property has 0 bedrooms and 1 full bathroom.
The listed interior living area is 465 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.
Pet policy requires confirmation with Milton Coste.
At the current list price of $450,000 for 465 sq ft, the asking price per square foot is approximately $968. 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) 416-7433Listing Courtesy of Compass - Alyssa S Morris
Listing Contact: (917) 848-9478
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 Data display by Keller Williams NYC. Data last updated on 9/19/2026 at 6:43 PM UTC
See it in person
Interested in this property?
Thank you!
Milton will contact you shortly.
Your info is secure and never shared.
New listings in this neighborhood
You're signed up!
You'll be notified when new listings appear in Kensington.
Quick Facts
Monthly Costs Estimate
$90,000
Source: Freddie Mac PMMS
Est. Monthly Payment
$0
Estimates only. Consult a lender for exact figures.
Back to Search
Find more properties