$450,000

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… Read More 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. Read Less

Listing Courtesy of: Alyssa S Morris, Compass, 212-913-9058.

Listing Snapshot

Days Online

Last Updated

Sep 18, 2026

Property Type

Apartment

Full Baths

Square Ft.

465

Year Built

2023

MLS Number

RLS20115686

Additional Details

Building

Built in 2023, Living area: 465.0, Living area units: SquareFeet, 8 stories, Entry level: 3

Cooling

CentralAir

Exterior Features

Patio/Porch Features: Balcony, BuildingBuiltInBarbecue, Balcony, BuildingRoofDeck, JulietBalcony, PrivateOutdoorSpaceUnder60Sqft

Home Owner's Association

Association Fee: $233.93, Fee Frequency: Monthly

Interior Features

EntranceFoyer

Laundry

InUnit, SeeRemarks

Lot

Dimensions: 51.580000x111.350000

Pets Policy

Allowed: BuildingNo, No

Taxes

Parcel Number: 05428-1106, Annual Amount: $150.96, Tax Block: 05428, Lot: 1106

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