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$449,000
List Price: $450,000
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733 Ocean Parkway #3B

Condo in Kensington •  building info
studio • 1ba • 465ft² • $968 per ft²
Buy with Yoreevo

$449,000

List Price

$450,000

Key Details
Days on market
loading...
Last price change
No recorded changes
Estimated payment
$2,807/mo
Taxes
$13/mo
Common charges
$234/mo
Description
Welcome to Residence 3B at the Arbor Condominium, a thoughtfully designed studio in one of Kensingtons 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. Arbors 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.

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Important Stuff
Elevator
Pets allowed
Washer/Dryer in unit
Home features
Central Air
Dishwasher
Private outdoor space

Balcony

Building amenities
Services and facilities
Bike Room
Fios Available
Package Room
Parking Available
Wheelchair Access
Wellness and recreation
Gym
Shared outdoor space
Roof Deck
Building info

History
9/17/26
Listed by Compass
$450,000
1/25/24
Status Change: In Contract to Sold
$385,000
$390,390
5/9/23
Status Change: For Sale to In Contract
$385,000
$385,000
What it'll cost
Purchase price
$450,000
Asking Price: $450,000
Term
30 Years
Down Payment
$45,000 (10%)
Min: 10% (45,000)
Rate
6.5 %
Mortgage Amount
$405,000
Mortgage Payment
$2,560
Common Charges
$234
Taxes
$13
Estimated Yoreevo rebate
$1,000
Estimated closing cost
$17,000
Total monthly cost $2,807
Buy your dream home with us and get an estimated
$1,000 rebate.
Rebates vary by sale price, market and are subject
to a minimum commission.
Listing Courtesy of Compass

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