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$450,000 Just Listed
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Property 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.
Full Property Details
Full Property Details for 733 Ocean Pkwy #3B
General
- Price: $450,000
- HOA FEE: $234/month
- Taxes: $150
- Status: Active
- Type: Apartment
- Source: REBNY
- MLS ID: RLS20115686
- Updated: 9/17/2026
- Added to Site: 3 day(s) ago
Interior
- Number of Rooms: 1
- Interior Features: Entrance Foyer
- Furnishings: Unfurnished
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Other Rooms
- Laundry: In Unit, See Remarks
Exterior
- Exterior Features: Building Built-in Barbecue, Balcony, Building Roof Deck, Juliet Balcony, Private Outdoor Space Under 60 Sqft
- Porch/Patio/Deck: Balcony
Location
- County: Kings
- Subdivision: Kensington
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
Structural Information
- Structure Type: Multi Family
- Stories/Levels: 8
- Square Feet: 465
- Living Area: 465 Sq. Ft.
- Year Built: 2023
- Other Struct. Feat.: Common Lounge, Elevator(s), Fitness Center
Lot Features
- Lot Size: 5743.43
- Lot Dimensions: 51.580000 x 111.350000
Financial Considerations
- Association Fee: $234
- Assoc Fee Freq.: Monthly
- Tax Amount: $150.96
Disclosures and Reports
- Special Conditions: Standard
- Property ID: 05428-1106
- Block: 5428
- Lot Number: 1106
Listing Courtesy of Compass
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Schools
Schools serving 733 Ocean Pkwy #3B
School District:New York City Geographic School District 22
| Name | Grades | Distance |
|---|---|---|
Ps 134 4001 18th Avenue, Brooklyn, NY 11218 | K-5 | 0.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 733 Ocean Pkwy #3B
Date
Details
Price
Change
Source
9/17/2026
Listed
$450,000
15.27%
MLS
1/24/2024
Sold
$390,390
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 733 Ocean Pkwy #3B
Year
Property Taxes
Change
Tax Assessment
Change
2025
$152
—
$47,031
37%
2025
$152
100%
$34,292
100%
2024
—
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 733 Ocean Pkwy #3B
733 Ocean Parkway #3B, Brooklyn, NY 11230 (MLS# RLS20115686) is a Apartment property with 0 bedrooms and 1 full bathroom. 733 Ocean Parkway #3B is currently listed for $450,000 and was received on September 17, 2026. Want to learn more about 733 Ocean Parkway #3B? Do you have questions about finding other Apartment real estate for sale in Brooklyn? You can browse all Brooklyn real estate or contact a Coldwell Banker agent to request more information.

