---
title: "734 East 5th Street #3R, New York City, NY 11218"
description: "734 East 5th Street #3R, New York City, NY 11218 — Kensington, New York City, NY. Last Sold Price $845,000. Sold on 9/2/2026. 2 bed, 2 bath, 1,100 sqft"
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11218/734-east-5th-street-r-3R-ny-11218"
source: "Real Estate Rebate Team"
dateModified: "2026-09-02T16:52:18.364Z"
status: "Closed"
---

# 734 East 5th Street #3R, New York City, NY 11218

Kensington, New York City, NY

Courtesy of Corcoran Group

Last updated: September 2, 2026, 12:52 PM

## At a Glance

- **Last Sold Price**: $845,000
- **Status**: Sold on 9/2/2026
- **Beds**: 2
- **Baths**: 2
- **Sqft**: 1,100
- **Common Charges**: $493 / mo
- **Monthly Taxes**: $685 / mo
- **Price per Sqft**: $768
- **Brokerage Fee**: Share Eligible

This listing was successfully closed and is no longer active on the market.

[Planning to sell? Contact Régis Roumila](https://realestaterebatesnewyork.com/contact)

## Photos (10)

![734 East 5th Street #3R, New York City, NY 11218 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/a0779efc-c9c0-4782-82fb-4b025bb9c216.jpg)
![734 East 5th Street #3R, New York City, NY 11218 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/27819503-a98c-4cc8-b2b9-21783d9f64be.jpg)
![734 East 5th Street #3R, New York City, NY 11218 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/fc0c6b4c-8578-4800-9bc4-a9db4e1cce37.jpg)
![734 East 5th Street #3R, New York City, NY 11218 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/826c434c-8250-4bd5-8508-9adc790e68aa.jpg)
![734 East 5th Street #3R, New York City, NY 11218 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/475fdb65-a575-480c-b041-76716f5ead6a.jpg)
![734 East 5th Street #3R, New York City, NY 11218 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/09fc198b-a53e-4c9d-93a0-a64b50caf9d9.jpg)
![734 East 5th Street #3R, New York City, NY 11218 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/1d43b14f-8263-46e1-aa89-6d48f5f4cd25.jpg)
![734 East 5th Street #3R, New York City, NY 11218 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/22659458-a0c5-40c4-a42e-d4b4b54a2374.jpg)
![734 East 5th Street #3R, New York City, NY 11218 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/a6a77c54-8519-4728-9eb5-0c470576e9fd.jpg)
![734 East 5th Street #3R, New York City, NY 11218 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/a14665b3-9209-47f8-b0cc-5d93f848aff1.jpg)

## Property Overview

2 Bedroom + Den/Office and PARKING - Elevator Building

 Welcome to 734 East 5th Street #3R, a beautifully appointed true 2 bedroom plus den/office in an elevator CONDO building. As you enter, you'll notice the abundance of natural light pouring in through the sliding glass doors leading to the balcony. The sleek kitchen boasts stainless steel appliances and plenty of counter space, making meal prep a breeze. The living area flows seamlessly into the den/office - ideal for remote work or an additional sleeping area. There is another balcony off of the second bedroom. Washer/Dryer, lots of closet space, and hardwood floors throughout. The apartment comes with a huge private storage room in the basement.

 Enjoy the convenience of an elevator building, perfectly located in the heart of Kensington. Don't miss this incredible opportunity!

 Parking Spot Included: monthly common charges: $25.37 and monthly taxes : $66.

 This is a no pet building.

## Property Details

- **Property Type**: Condominium
- **Beds**: 2
- **Baths**: 2
- **Rooms**: 5
- **Sqft**: 1,100 sqft
- **Stories**: 4
- **Year Built**: 2005
- **Price per Sqft**: $768
- **Common Charges**: $493 / Monthly
- **Monthly Taxes**: $685 / mo
- **Listed On**: Mar 27, 2026
- **Days on Market**: 169 Days

### Residence Features

- Washer Hookup
- In Unit
- See Remarks
- Assigned
- Garage
- Balcony
- Private Outdoor Space Under 60 Sqft

### Building Amenities

- Assigned
- Garage

## Sales Evidence

### Recent closed sales

4 apartments at 734 East 5th Street have recorded sales since September 2021, the most recent for $845,000 in September 2026. Prices are the figures recorded with the City, not asking prices.

| Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source |
| --- | --- | --- | --- | --- | --- | --- |
| 3R (Apartment) | 2 | 1,100 | $845,000 | $768/ft² | September 2, 2026 | MLS |
| 4L (Apartment) | 2 | 1,100 | $836,500 | $760/ft² | January 27, 2026 | City record · MLS |
| 2R (Apartment) | 2 | 1,100 | $825,000 | $750/ft² | December 12, 2024 | City record · MLS |
| 1R (Apartment) | — | 881 | $799,000 | $907/ft² | February 10, 2022 | City record |

Every row is a recorded transaction, including ancillary spaces such as storage and staff rooms where they were sold separately. Those are excluded from the benchmark below.

### How this price compares

The median closed price for comparable condo two-bedroom sales in Kensington is $864,494, based on 23 sales between December 2024 and June 2026. This home is asking $845,000, $19,494 below that median. The middle half of those sales closed between $814,791 and $912,809.

- **Median closed price**: $864,494
- **Middle half**: $814,791 – $912,809
- **Based on**: 23 condo two-bedroom sales in Kensington
- **Period**: December 2024 – June 2026
- **Median $/ft²**: $1,004/ft²

Across the 23 of these sales with a published asking price, the median closed at 101.8% of what it originally asked. 26% of them closed below the original ask.

This building has not had enough comparable sales of its own in the period to support a median, so the benchmark is drawn from Kensington instead.

### How these sales were negotiated

- **Sold vs original ask**: 101.8% of the original ask
- **Closed below ask**: 26% of 23 sales
- **Listed → in contract**: 43 days (about 6 weeks)
- **In contract → closed**: 67 days (about 10 weeks)

Across the 23 of these sales with a published asking price, the median closed at 101.8% of what it originally asked. 26% of them closed below the original ask.

Half of these homes were in contract within 43 days (about 6 weeks) of coming to market, based on the 23 with a recorded listing date.

Once a deal was agreed, closing took a further 67 days (about 10 weeks), based on the 23 with both dates recorded.

These are two separate periods measured on different clocks — time to find a buyer, and time from agreed deal to closing. They are medians of different sets of sales and do not add together into a single "days on market" figure.

Based on 23 condo two-bedroom sales in Kensington, December 2024 – June 2026. Each figure counts only the sales that recorded the dates it needs, which is why the denominators differ.

### Price trend

Median sold price for condo and house two-bedroom sales in Kensington, 2019 to 2025. The series is held to one bedroom count and one ownership type for the same reason: an unfiltered median tracks which apartments sold, not what they were worth.

| Year | Median sold price | Sales |
| --- | --- | --- |
| 2019 | $753,505 | 19 |
| 2024 | $745,868 | 12 |
| 2025 | $867,247 | 18 |

This building does not have enough sales with a recorded floor area to chart its own price per square foot, which is usual for a co-op. The series above follows comparable homes across Kensington instead.

Sale prices are the consideration recorded with the City in ACRIS, and each sale is dated by the day the City recorded it. A closing date reported to the MLS typically falls one to two weeks earlier. Recorded sales describe what has already happened and are not an appraisal, a valuation, or an estimate of what this home will sell for.

[See every recorded sale at 734 East 5TH Street](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/734-east-5th-street)

## Price and Property History for 734 East 5th Street, Unit 3R

Review the recorded listing activity for 734 East 5th Street, Unit 3R, including asking-price changes and prior market dates.

- **Latest price change**: Reduced by $20,000, or 2.3%, on September 2, 2026
- **Originally listed**: March 27, 2026 at $895,000
- **Last sold**: $845,000 on September 2, 2026

| Date | Price | Listing event |
| --- | --- | --- |
| September 2, 2026 | $845,000 | Sold |
| September 2, 2026 | $845,000 | Asking price reduced by $20,000, or 2.3% |
| July 15, 2026 | $865,000 | Entered contract |
| May 17, 2026 | $865,000 | Asking price reduced by $30,000, or 3.4% |
| March 27, 2026 | $895,000 | Listed for sale by Corcoran Group |
| July 30, 2020 | $784,000 | Sold — recorded sale price |
| June 15, 2020 | $819,000 | Entered contract |
| March 9, 2020 | $819,000 | Listed for sale by Abacus Properties |

## Property Tax History

Taxes at 734 East 5th Street #3R were $8,265 in 2026, up 4.6% from 2025.

| Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate |
| --- | --- | --- | --- | --- | --- | --- |
| 2026 (FY 2026/27) | $71,393 | $13,572 | $57,821 | $66,123 | $8,265 | 12.5% (estimated) |
| 2025 (FY 2025/26) | $67,364 | $13,572 | $53,792 | $63,242 | $7,905 | 12.5% (estimated) |
| 2024 (FY 2024/25) | $60,509 | $13,572 | $46,937 | $60,509 | $7,564 | 12.5% |
| 2023 (FY 2023/24) | $69,928 | $13,572 | $56,356 | $63,119 | $6,372 | 12.502% |
| 2022 (FY 2022/23) | $61,432 | $13,572 | $47,860 | $61,432 | $4,638 | 12.267% |
| 2021 (FY 2021/22) | $56,984 | $13,572 | $43,412 | $56,984 | $2,962 | 12.235% |
| 2020 (FY 2020/21) | $62,636 | $13,572 | $49,064 | $61,284 | $1,736 | 12.267% |
| 2019 (FY 2019/20) | $64,624 | $13,572 | $51,052 | $58,562 | $295 | 12.473% |
| 2018 (FY 2018/19) | $62,164 | $13,572 | $48,592 | $54,502 | $298 | 12.612% |
| 2017 (FY 2017/18) | $54,158 | $13,572 | $40,586 | $50,034 | $301 | 12.719% |
| 2016 (FY 2016/17) | $62,844 | $13,571 | $49,273 | $47,261 | $305 | 12.892% |
| 2015 (FY 2015/16) | $49,030 | $13,571 | $35,459 | $42,371 | $305 | 12.883% |
| 2014 (FY 2014/15) | $44,321 | $13,572 | $30,749 | $41,610 | $304 | 12.855% |
| 2013 (FY 2013/14) | $39,821 | $13,572 | $26,249 | $44,502 | $311 | 13.145% |
| 2012 (FY 2012/13) | $40,292 | $13,572 | $26,720 | $47,417 | $312 | 13.181% |
| 2011 (FY 2011/12) | $38,408 | $13,572 | $24,836 | $50,241 | $318 | 13.433% |
| 2010 (FY 2010/11) | $45,210 | $13,561 | $31,649 | $53,441 | $7,136 | 13.353% |

The City has not published the official FY2026/27 and FY2025/26 tax rates yet. We calculated the tax for those years using the prior year’s rate, so treat them as an estimate rather than a figure the City has adopted. Every rate without the Estimated marker is the published one.

Tax Assessment is the assessed value on the City’s roll, and it is the figure other listing sites publish. It is not what the bill is calculated on. New York phases assessment changes in gradually for some tax classes, so the City bills the Billable Value shown beside it, less any exemption the owner holds. It usually trails the assessment, and it can sit above it for a few years after an assessment falls.

Figures are the New York City Department of Finance assessment roll for tax lot 3053981005. Assessed and billable values are determined by the City for tax purposes and are not an appraisal or an estimate of market value. Tax classes and rates are set annually and can change.

[How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology)

## About The Building

### 734 East 5th Street

734 East 5th Street, Brooklyn, NY 11218

A building in the neighborhood, currently featuring 1 active listing.

- **Year Built**: 2005
- **Total Units**: 1
- **Floors**: 4

[View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/734-east-5th-street)

### Available Residences — For Sale (1)

| Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [3R](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11218/734-east-5th-street-r-3R-ny-11218) | 2 | 2 | 1,100 sqft | $768 | $845,000 (-2.3%) | Corcoran Group | Mar 27, 2026 | 169 days |

## Estimated Monthly Payment

**$5,451 / month**, assuming a 20% down payment ($169,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three.

- **Principal & Interest**: $4,273
- **Property Taxes**: $685
- **Common Charges**: $493

Estimates only. Actual payments may vary. Confirm terms with your lender.

## Kensington

Overview of Kensington

[Explore Kensington](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/kensington) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods)

### Nearby Kensington

- [Flatbush real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/flatbush)
- [Borough Park real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/borough-park)
- [Windsor Terrace real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/windsor-terrace)
- [Midwood real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/midwood)
- [Prospect Park real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/prospect-park)
- [South Slope real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/south-slope)

## Related Links

- [734 East 5TH Street — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/734-east-5th-street)
- [Kensington neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/kensington)
- [Estimate your Buyer Commission Share and closing costs](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)
- [Contact Régis Roumila](https://realestaterebatesnewyork.com/contact)

---

> RLS IDX Data display by Real Estate Rebate Team. This 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. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

> 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 and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.