--- title: "733 Ocean Parkway #3B, New York City, NY 11230" description: "733 Ocean Parkway #3B, New York City, NY 11230 — Kensington, New York City, NY. Listing Price $450,000. Studio bed, 1 bath, 465 sqft Illustrative Buyer Commission Share of $6,750 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11230/733-ocean-parkway-3b-ny-11230" source: "Real Estate Rebate Team" dateModified: "2026-09-17T13:41:04.721Z" status: "Active" --- # 733 Ocean Parkway #3B, New York City, NY 11230 Kensington, New York City, NY Courtesy of Compass Last updated: September 17, 2026, 9:41 AM ## At a Glance - **Listing Price**: $450,000 - **Beds**: Studio - **Baths**: 1 - **Sqft**: 465 - **Common Charges**: $234 / mo - **Monthly Taxes**: $13 / mo - **Price per Sqft**: $968 - **Brokerage Fee**: Share Eligible ## The Private Brokerage Advantage As an independent luxury buyer representative, Régis shares 50% of the buyer-side commission he actually receives on your purchase. Eligible buyers receive that Buyer Commission Share directly at closing to offset closing costs, down payments, or renovations. The figures below are illustrative, based on a **3% buyer-broker commission**; your share follows the commission offered on the transaction. - **Contract Purchase Price**: $450,000 - **Illustrative Buyer Commission Share**: -$6,750* - **Illustrative Net Cost**: $443,250 *Illustrative Buyer Savings of $6,750 — 50% of a 3% buyer-broker commission, shared at closing.* [Request a private tour](https://realestaterebatesnewyork.com/contact) · [Estimate your Buyer Commission Share](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) ## Photos (10) ![733 Ocean Parkway #3B, New York City, NY 11230 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/fce79f78-a6d4-4cd6-8708-eb351185632e.jpg) ![733 Ocean Parkway #3B, New York City, NY 11230 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/fd1e320e-7bfe-40bb-9137-2a6653724046.jpg) ![733 Ocean Parkway #3B, New York City, NY 11230 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/5c49ee56-cf1d-4faa-8e20-a94f3e250948.jpg) ![733 Ocean Parkway #3B, New York City, NY 11230 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/033c8bba-518c-4d0a-b6ef-d1cd6f4ad1bc.jpg) ![733 Ocean Parkway #3B, New York City, NY 11230 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/bae69210-5a6c-47f1-8167-07d0f68b5303.jpg) ![733 Ocean Parkway #3B, New York City, NY 11230 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/8b5bf84a-d9fe-4715-b1d2-9a6f04f3a692.jpg) ![733 Ocean Parkway #3B, New York City, NY 11230 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/a7307316-662a-4eef-adf6-51518dabea14.jpg) ![733 Ocean Parkway #3B, New York City, NY 11230 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/7b9c55ff-ec1d-45cf-900a-326232bcbdfa.jpg) ![733 Ocean Parkway #3B, New York City, NY 11230 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/dd86f42d-0255-400e-80ea-fbb27f1d18dc.jpg) ![733 Ocean Parkway #3B, New York City, NY 11230 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/e9733911-8213-4bc3-933d-465118316f4a.jpg) ## Property Overview 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. ## Property Details - **Property Type**: Condominium - **Baths**: 1 - **Rooms**: 1 - **Sqft**: 465 sqft - **Stories**: 8 - **Year Built**: 2023 - **Price per Sqft**: $968 - **Common Charges**: $233.93 / Monthly - **Monthly Taxes**: $13 / mo - **Listed On**: Sep 17, 2026 - **Days on Market**: 1 Days ### Residence Features - Central Air - In Unit - See Remarks - Building Built-in Barbecue - Balcony - Building Roof Deck - Juliet Balcony - Private Outdoor Space Under 60 Sqft - Entrance Foyer ## Estimated Monthly Payment **$2,522 / month**, assuming a 20% down payment ($90,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $2,275 - **Property Taxes**: $13 - **Common Charges**: $234 Estimates only. Actual payments may vary. Confirm terms with your lender. ## Sales and market data ### Recent sales 32 apartments at 733 Ocean Parkway have recorded sales since September 2021, the most recent for $550,000 in August 2026. Prices are the figures recorded with the City, not asking prices. | Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source | | --- | --- | --- | --- | --- | --- | --- | | [9B](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11230/733-ocean-parkway-b-9B-ny-11230) (Apartment) | 1 | 618 | $550,000 | $890/ft² | August 6, 2026 | MLS | | PH9C (Apartment) | 3 | 1,233 | $1,199,000 | $972/ft² | August 12, 2025 | MLS | | 9C (Apartment) | — | 1,233 | $1,220,882 | $990/ft² | July 31, 2025 | City record | | 4A (Apartment) | 2 | 779 | $538,145 | $691/ft² | July 31, 2025 | City record · MLS | | 2C (Apartment) | 2 | 937 | $941,200 | $1,004/ft² | May 30, 2025 | City record · MLS | | 3C (Apartment) | 2 | 937 | $813,582 | $868/ft² | March 18, 2025 | City record · MLS | | 6C (Apartment) | 2 | 937 | $845,148 | $902/ft² | February 20, 2025 | City record · MLS | | 5D (Apartment) | 1 | 499 | $505,986 | $1,014/ft² | September 16, 2024 | City record · MLS | | 8C (Apartment) | 3 | 1,233 | $1,346,127 | $1,092/ft² | August 2, 2024 | City record · MLS | | 7D (Apartment) | 1 | 499 | $525,000 | $1,052/ft² | July 31, 2024 | City record · MLS | | 2A (Apartment) | 2 | — | $711,757 | — | July 9, 2024 | City record · MLS | | 7C (Apartment) | 2 | 937 | $906,243 | $967/ft² | May 30, 2024 | City record · MLS | | 4C (Apartment) | 2 | 937 | $833,947 | $890/ft² | May 6, 2024 | City record · MLS | | 5C (Apartment) | 2 | 937 | $868,000 | $926/ft² | April 19, 2024 | City record · MLS | | 3A (Apartment) | 2 | 779 | $763,688 | $980/ft² | April 3, 2024 | City record · MLS | | 7A (Apartment) | 2 | 799 | $711,757 | $891/ft² | March 8, 2024 | City record · MLS | | 6A (Apartment) | 2 | 779 | $727,000 | $933/ft² | March 6, 2024 | City record · MLS | | 5B (Apartment) | Studio | 465 | $404,586 | $870/ft² | January 30, 2024 | City record · MLS | | 8B (Apartment) | 1 | 618 | $57,000,000 | $92,233/ft² | January 29, 2024 | MLS | | 3B (Apartment) | Studio | 465 | $390,390 | $840/ft² | January 24, 2024 | City record · MLS | | 8A (Apartment) | Studio | 438 | $471,510 | $1,077/ft² | January 24, 2024 | City record · MLS | | 7B (Apartment) | Studio | 465 | $409,610 | $881/ft² | January 23, 2024 | City record · MLS | | 9A (Apartment) | Studio | 438 | $433,010 | $989/ft² | January 18, 2024 | City record · MLS | | 6D (Apartment) | 1 | 499 | $495,000 | $992/ft² | January 18, 2024 | City record · MLS | | 6B (Apartment) | Studio | 465 | $410,670 | $883/ft² | January 16, 2024 | City record · MLS | | 4B (Apartment) | Studio | 465 | $400,530 | $861/ft² | January 12, 2024 | City record · MLS | | 9B (Apartment) | 1 | 618 | $621,133 | $1,005/ft² | January 12, 2024 | City record · MLS | | 5A (Apartment) | 2 | 779 | $728,049 | $935/ft² | January 11, 2024 | City record · MLS | | 4D (Apartment) | 1 | 499 | $486,720 | $975/ft² | January 8, 2024 | City record · MLS | | 3D (Apartment) | 1 | 499 | $477,000 | $956/ft² | January 8, 2024 | City record · MLS | | 2D (Apartment) | 1 | 499 | $541,709 | $1,086/ft² | January 8, 2024 | City record · MLS | | 2B (Apartment) | Studio | 465 | $385,320 | $829/ft² | January 4, 2024 | City record · MLS | 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 - **This home**: $450,000 - **Median sold price**: $407,098 - **Difference**: +$42,902 (+10.5%) - **This home, $/ft²**: $968 - **Median $/ft²**: $875 - **Comparable sales**: 8 - **Sales from**: January 2024 - **Middle half of those sales**: $397,995 – $416,255 Based on studio sales at 733 Ocean Parkway. ### How these sales were negotiated - **Sale-to-list price**: 101.4% (8 sales) - **Sold below asking**: 25% (8 sales) - **Typical time to find a buyer**: 38 days (8 sales) - **Typical time to close**: 227 days (8 sales) Based on studio sales at 733 Ocean Parkway with the required listing and closing data. Sample sizes vary by metric. 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. Sales data through August 2026. 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 733 Ocean Parkway](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/733-ocean-parkway) ## Price and Property History for 733 Ocean Parkway, Unit 3B Review the recorded listing activity for 733 Ocean Parkway, Unit 3B, including asking-price changes and prior market dates. - **Last sold (recorded)**: $390,390 on January 24, 2024 | Date | Price | Listing event | | --- | --- | --- | | August 17, 2026 | $450,000 | Listed for sale by Compass | | January 24, 2024 | $390,390 | Sold — recorded sale price | | May 9, 2023 | $385,000 | Entered contract | | March 28, 2023 | $385,000 | Listed for sale by Corcoran Group | ## About The Building ### 733 Ocean Parkway Kensington · Condominium 733 Ocean Parkway, Brooklyn, NY 11230-2389 A building in Kensington, currently featuring 2 active listings. - **Year Built**: 2023 - **Active Units**: 2 - **Floors**: 8 [View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/733-ocean-parkway) ### Available Residences — For Sale (2) | Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [3B](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11230/733-ocean-parkway-3b-ny-11230) | Studio | 1 | 465 sqft | $968 | $450,000 | Compass | Sep 17, 2026 | 1 days | | [7-C](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11230/733-ocean-parkway-c-7C-ny-11230) | 2 | 2 | 937 sqft | $927 | $869,000 (-3.3%) | Keller Williams Realty Empire | Jul 15, 2026 | 65 days | ## 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 - [733 Ocean Parkway — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/733-ocean-parkway) - [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.