733 Ocean Parkway, #PH9C, Brooklyn (Kensington), NY, 11230 | $1,199,000

IMMEDIATE CLOSINGS! WEEKDAY SHOWINGS ARE AVAILABLE BY APPOINTMENT!
This building is approved for a 1st-time homebuyers program. First time buyers may qualify for a loan with a 5. 625% fixed interest rate for 30 years. Please note that the interest rate is subject to change. Don't miss out on this limited-time offer.
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. 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.
Welcome to residence PH9C, a stunning three-bedroom, two-bath with floor-to-ceiling East and South exposures that fills the home with an abundance of natural light. As you enter through the gracious foyer, you'll immediately be struck by the spaciousness of the great room, perfect for entertaining guests or simply relaxing in style. The open-concept design of the large L-shaped kitchen is perfect for culinary enthusiasts, as it effortlessly flows into the dining and living areas, making entertaining a breeze. Escape to the primary bedroom and indulge in the luxurious en-suite bath, or your second bedroom with a private balcony where you can enjoy your morning coffee or simply unwind in complete privacy.
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.
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. The Arbor lounge with co-working area offers a comfortable space to get work done or relax. . With Optional parking available for purchase, our amenities are designed to make your life easier, more comfortable. 733 Ocean Parkway offers 421A tax abatement. Optional Sabbath elevator.
This exceptional property presents a wonderful opportunity for end users, gifting, parents buying for children, 1031 exchange, is investor friendly, subletting allowed, and is pet friendly.
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.

Features

  • Town: Brooklyn
  • Cooling: Central
  • Levels: 9
  • Amenities: Bike Room; Outdoor Parking; Wheelchair Access; Fitness Room; Lounge; Cabanas; Roof Deck;
  • Rooms: 5
  • Bedrooms: 3
  • Baths: 2 full
  • Complex: Arbor Condominium
  • Year Built: 2023
  • Pet Policy: Pets Allowed
  • Washer/Dryer Allowed: Yes
  • Balcony: Yes
  • Building Access : Elevator
  • Service Level: Video Intercom
  • OLR#: RPLU33423189034
  • Days on Market: 60 days
  • Website: https://www.raveis.com
    /prop/RPLU33423189034/733oceanparkway_brooklyn_ny?source=qrflyer
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.
Listing courtesy of Corcoran Group

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.Alvarez@Raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

733 Ocean Parkway, #PH9C, Brooklyn (Kensington), NY, 11230

$1,199,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah Alvarez

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 347.223.0992

Sarah.Alvarez@Raveis.com

NMLS Mortgage Loan Originator ID 1880936

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $959,200 $959,200 $959,200
Term 360 months 360 months 180 months
Initial Interest Rate** 5.375% 6.250% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.850% 6.360% 5.930%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $5,371 $5,906 $7,965
Total Monthly Payment $5,496 $6,031 $8,090

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.