THE CONDO BOOK PROJECT

733 Ocean Parkway Condominium

733 Ocean Parkway, Brooklyn, NY 11230

Overview

Units
30 residential · 7 parking
Subway
7 min walk to 18 Av FAvenue I F, 10 min
Developers
EF Capital Group, LLC, OPB Development LLC
Principals
Boris Tansky, Erik Fridman
Offering price
$22.8 million total $22.9 million when first offered

The sponsor of record is 733 Development LLC, represented by The Law Office Of Claudia V. Murdoch, P.C.. The offering plan runs 305 pages. The sponsor has filed 3 amendments, the latest in August 2024. The nearest other condo plan on file is 620 Foster Avenue Condominium, next door.

Plan CD210132 · New · accepted Feb 3, 2023 · AG record ↗

Compare

FigureThis building1Bensonhurst220 units · 1.3 miaccepted 2023Ocean 24324 units · 0.6 miaccepted 2022
Average Offering PricePer Apartment$763,167In line$743,270$844,167

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Unit mix, closings, budgets, finishes and the team, against Bensonhurst and Ocean 24, cited to the offering plans. No credit card required.

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How We Got This
  • Comps: the closest Brooklyn plans on size, $/SF and launch date, within 2 miles when possible.
  • Figures: each building's own offering plan, filed with the NY Attorney General. Nothing is estimated.
  • Checked: a price list publishes only when its math adds up, and building pages cite the plan pages.
  • Labels: In line is between the comps; Below/Above peers is past both by up to 15%; Lowest/Highest by more.

Closings Pro

Homes closed100% of the homes in the plan30 of 30
Closingsfirst and latest recordedJan 4, 2024 – Jul 31, 2025

Sales recorded with the Department of Finance (ACRIS) through Sep 30, 2026: deeds, or transfer tax filings for a building on leased land, of $10,000 or more. A home's first sale since the plan was filed is the sponsor's closing; resales aren't counted. Closing prices are compared with the same home's Schedule A price, as first offered; a deed covering more than one home isn't compared. Amendments often change prices before a home closes, and a deed that includes parking or storage counts its full price. ACRIS records a sale weeks after closing, so recent contracts don't appear yet. Every building's sales.

All 37 closings
HomeRecordedClosing priceSchedule ADifference
2BJan 4, 2024$385,320——
2DJan 8, 2024$541,709——
3DJan 8, 2024$477,000——
4DJan 8, 2024$486,720——
5AJan 11, 2024$728,049——
4BJan 12, 2024$400,530——
9BJan 12, 2024$621,133one deed, 2 homes——
PS7Jan 12, 2024$621,133one deed, 2 homes——
6BJan 16, 2024$410,670——
6DJan 18, 2024$495,000——
9AJan 18, 2024$433,010——
7BJan 23, 2024$409,610——
3BJan 24, 2024$390,390——
8AJan 24, 2024$471,510——
8BJan 29, 2024$590,585——
5BJan 30, 2024$404,586——
6AMar 6, 2024$727,000——
7AMar 8, 2024$711,757——
3AApr 3, 2024$763,688one deed, 2 homes——
PS4Apr 3, 2024$763,688one deed, 2 homes——
5CApr 19, 2024$868,000——
4CMay 6, 2024$833,947——
7CMay 30, 2024$906,243——
2AJul 9, 2024$711,757——
7DJul 31, 2024$525,000——
8CAug 2, 2024$1,346,127one deed, 2 homes——
PS3Aug 2, 2024$1,346,127one deed, 2 homes——
5DSep 16, 2024$505,986——
6CFeb 20, 2025$845,148——
3CMar 18, 2025$813,582——
2CMay 30, 2025$941,200one deed, 2 homes——
PS6May 30, 2025$941,200one deed, 2 homes——
PS5Jun 13, 2025$86,190——
4AJul 31, 2025$538,145one deed, 2 homes——
9CJul 31, 2025$1,220,882one deed, 2 homes——
PS1Jul 31, 2025$538,145one deed, 2 homes——
PS2Jul 31, 2025$1,220,882one deed, 2 homes——

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Every home's recorded closing price against its Schedule A price, with the ACRIS document and the plan page.

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Budget

From our research: The Sponsor's Condo-Creation Fee in NYC · NYC Condo Insurance Costs Are Rising · Condo Supplies Cost per Unit, by Size

Team

Sponsor
733 Development LLC
Developers
EF Capital Group, LLC, OPB Development LLC
Principals
Boris Tansky, Erik Fridman
Tax estimate
MGNY ConsultingPrepared the first-year real estate tax projection
Construction lender
Valley National Bank$8.2 million recorded

From our research: Do NYC Developers Rehire the Same Firms?

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