$528,500
SOLD AUG 11, 2025

733 Ocean Pkwy Unit 4 A Brooklyn, NY 11230

Kensington Neighborhood
2 Beds
1 Bath
779 Sq Ft
$368/mo HOA Fee

Recently Sold

$678 Per Sq Ft

23% Below List Price

Highlights

  • New Construction
  • Rooftop Deck
  • Balcony
  • P.S. 134 Rated A
  • City View
  • Central Air

About This Home

As of August 2025

Welcome to Arbor condominium, a striking new development that is home to the newest luxurious residences. Experience the pinnacle of contemporary living at this exquisite condominium, which offers a unique advantage as the last tax abated building in south Brooklyn. Enjoy the best of both worlds as you relish in modern luxury while benefiting from significant tax savings. Located in Kensington, a location that offers easy access to all the entertainment offerings of the city, this property is the perfect fusion of comfort and convenience. This condominium offers the perfect balance of style and substance.

Welcome to Residence 4A, a beautiful two-bedroom, one-bath apartment that's bathed in natural light from its West-facing windows. The open living/dining room, with an L-shaped kitchen, is perfect for entertaining and relaxing. Both bedrooms are located on opposite ends of the apartment for privacy. Enjoy the spacious and inviting layout that gets abundant afternoon light. The apartment also boasts stunning views of the lush greenery of Ocean Parkway, providing a serene and peaceful setting.

Interior features include floor to ceiling windows, Ferrero Lengo Italian pre- finished doors with magnetic locks, LED Light Fixtures, Individual room thermostats for Daiken Split System units and Vallelunga Italian Porcelain floors with radiant heat throughout to ensure a warm and cozy ambiance during the colder months. To add further convenience, every unit is equipped with a washer/dryer. With every detail meticulously crafted to perfection, this real estate masterpiece is a true testament to refined elegance.

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 bathrooms are a perfect blend of functionality and luxury, offering everything you need for your daily routine and relaxation. Featuring medicine cabinets with LED lit mirrors, demister, under-cabinet accent light and built-in clock, as well as a rain shower with stainless-steel handheld showerheads, this bathroom has all the convenient amenities you'll need. Additionally, the 32-inch-wide soaking bathtubs with arm rests, fully accessorized bathrooms, wall-hung vanity with storage, and frameless glass shower door in the ensuite bathroom add to the functionality of the space. With attention paid to every detail, this bathroom is both elegant and practical, providing a comfortable and relaxing environment for your daily routine.

This property offers a variety of amenities to make your living experience more enjoyable. Take in stunning views of Brooklyn's and Manhattan's skyline from the rooftop, which features a fully amenitized lounge and picnic areas, as well as a BBQ grill and kitchenette. Private cabanas are also available for purchase. Stay active with our fully equipped modern gym, complete with treadmills, stationary bikes, elliptical machines, free weights, benches, yoga mats and more. The modern lounge with co-working area offers a comfortable space to get work done or relax. It features custom design and connects seamlessly with the tree-lined Ocean Parkway Malls. With Optional parking available for purchase, our amenities are designed to make your life easier, more comfortable, and more enjoyable.

733 Ocean Parkway offers an exceptional living experience that blends high-quality finishes, modern amenities, and a 421A tax abatement. Each home boasts elegant color palettes and high-end finishes that accentuate the space and natural light. Whether you're seeking a peaceful retreat or an ideal space to entertain, our residences offer the perfect balance. Located in the heart of Brooklyn, our prime location puts you just minutes away from the area's most attractive parks, entertainment venues, restaurants, lounges, cafes, stores, and more. Come experience the best that Brooklyn living has to offer at Arbor condominium located at 733 Ocean Parkway.

All measurements are approximate. Images are renders that were virtually staged.Pictures Represent Various Layouts.The complete offering terms are in an offering plan available from the File No: CD21-0132

Last Agent to Sell the Property

Salomon Danielov

Corcoran Group License #10401221164 Listed on: 06/29/2023

Corcoran Group

Co-Listed By

Sonya Argirova

Corcoran Group License #10401226528

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $252

Year Built

  • Built in 2023 | New Construction

HOA Fees

  • $368 Monthly HOA Fees

Interior Spaces

  • 779 Sq Ft Home
  • City Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Additional Features

  • Balcony
  • Central Air

Listing and Financial Details

  • Tax Block 05428

Community Details

Overview

  • 30 Units
  • High-Rise Condominium
  • Arbor Condos
  • Kensington Subdivision
  • 9-Story Property

Amenities

  • Rooftop Deck

Property Details

Home Type

Condominium

Est. Annual Taxes

$252

Year Built

Built in 2023 | New Construction

Lot Details

0

HOA Fees

$368 per month

Listing Details

  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Kensington
  • Entry Level: 4
  • Structure Type: High Rise
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 9

Interior Features

  • Interior Features: Separate/Formal Dining Room, Smoke Free
  • Fireplace: No
  • Living Area: 779.0
  • Living Area Units: Square Feet
  • Rooms (Total): 4
  • Basement: No
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1
  • Bedrooms: 2

Exterior Features

  • View: City
  • View: Yes
  • Exterior Features: Balcony, Building Roof Deck, Private Outdoor Space Under 60 Sqft
  • Patio/Porch Features: None, Balcony

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Other
  • Green Building Features: Elevator(s)
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 368.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

Lot Info

  • Zoning Description: R7A

Building Info

  • New Construction: Yes
  • Building Name: Arbor
  • Units: 30
  • Total Stories: 9
  • Year Built: 2023

Rental Info

  • Land Lease: No

Tax Info

  • Tax Block: 05428
  • Tax Lot: 0000
  • Tax Annual: 252.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2023
Closed on
Jul 31, 2025
Sold by
733 Development Llc
Bought by
Riabets Andrii and Riabets Olga
Seller's Agent
Salomon Danielov
Corcoran Group
List Price
$689,000
Sold Price
$528,500
Premium/Discount to List
-$160,500
-23.29%
Views
5

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33617.63%
Original Mortgage
$369,950
Outstanding Balance
$369,950
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$337,080
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $538,145 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $369,950 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2025 08/11/25 Sold $528,500 -23.3% $678 / Sq Ft
06/29/2023 06/29/23 Pending -- -- --
06/29/2023 06/29/23 For Sale $689,000 -- $884 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 -- $75,400 $9,477 $65,923
2024 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10969801

Real Estate Board of New York (REBNY)

APN: 05428-1109