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Arbor Condominium

733 Ocean Parkway, 3-B

Kensington, Brooklyn | Parkville Ave & Foster Ave

Studio 1 Bath465 Square FeetCondo

$450,000
Common Charges$233
RE Taxes$12
Price Per SF
$968

Listing Features

  • Entry Foyer
  • Washer / Dryer
  • Flr-to-Clg Windows
  • Kitchenette
  • Microwave
  • Open Kitchen
  • S Steel Appliances
  • En Suite Bathroom
  • Soaking Tub

Outdoor space and views

  • Juliet Balcony
  • West Exposure

Building Amenities

  • Video Intercom
  • Bike Storage
  • Cabanas
  • Elevator
  • FIOS
  • Fitness Facility
  • Grilling Stations
  • Outdoor Parking
  • Resident Lounge
  • Roof Deck
  • Wheelchair Access

Policies

  • Pets Allowed
  • Pieds A Terre Ok

Property Description for 733 Ocean Parkway, 3-B

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.

Listing History for 733 Ocean Parkway, 3-B

Now
09/17/2026
$450,000
Initial Price by
Compass
2026

Building Details for 733 Ocean Parkway

OwnershipCondo
Building TypeLow-Rise
Service LevelVideo Intercom
AgePost-War
AccessElevator
Year Built2023
Financing Allowed90%
Floors/Apts9/30
Learn More About the Building

Transit and Citi Bike

Subway

18 Av
0.31 miles
Avenue I
0.46 miles

Contact Agents

Contact Agents

1 Open House

Sunday, September 20, 2026
2:30 PM - 4:00 PM
View this property on the company's website

Building Availability

APPSF
Median
Average
$948
$659,500
$659,500
Last 12 months
$903
-
-
$67
$2,800
$2,800
Last 12 months
$57
-
-

Studio in Kensington

APPSF
Median
Average
$595
$261,500
$297,000
-
$395,000
$395,000
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 2029607