Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
689 Myrtle Avenue #5I

For Sale · Listing by Corcoran Group

689 Myrtle Avenue #5I

Bedford-Stuyvesant, Brooklyn

$1,300,000

3D Tour
Interested in this property?
Active For Sale Condo

$1,300,000

$1,100 per sq ft

689 Myrtle Avenue #5I

Bedford-Stuyvesant, Brooklyn

The Chocolate Factory

MLS® #RLS20114326

RLS at REBNY

Listing by Corcoran Group

Open House Scheduled

Sunday, September 13 • 1:00 PM – 2:00 PM

REBNY 2025: signed Buyer Representation Agreement required before any showing.

1
Bedroom
1
Bath
1,182
Sq. Ft.
1947
Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Living Area 1,182 sq ft
Lot Size 10,700 sq ft
Year Built 1947
Ownership Condo
HOA/Common Charges $1,307/mo
Property Taxes $6,192/yr
Neighborhood Bedford-Stuyvesant
Floor 5 of 5

Property Highlights

  • Views: City Lights, City, Panoramic
  • Exposure: North,South facing
  • Style: ContemporaryModern,Loft architecture

Property Details

Type Condo
Ownership Condominium
Total Rooms 4
Baths 1 Full
Floor 5 of 5
View City Lights, City, Panoramic
Exposure North,South
Cooling Central Air
Pets Yes, CatsOk, DogsOk
Year Built 1947
Living Area 1,182 sq ft
Architectural Style ContemporaryModern,Loft
Flooring Hardwood
Furnished Unfurnished
Lot Size 10,700 sq ft
Parcel # 01734-1145
Block/Lot 01734/1145

Listing History

Event Date Price Change
Listed Sep 10, 2026 $1,300,000 -
Currently Sep 11, 2026 $1,300,000 -

Description

Residence 5I The Penthouse is set atop one of Brooklyn’s most distinctive loft conversions. This exceptional residence at The Chocolate Factory, 689 Myrtle Avenue, pairs authentic industrial character with a completely reimagined, luxury interior one bedroom residence with unobstructed and extraordinary panoramic views. This residence is one of few that will maintain unobstructed views. The massive, top floor 1,182 SF loft home has undergone a comprehensive gut renovation, thoughtfully executed with a refined, contemporary aesthetic. Custom cabinetry, new windows, beautifully finished hardwood floors, a lovely entry hall, integrated air conditioning, full laundry room and a striking custom-tiled bathroom create a residence that feels sophisticated, polished and entirely move-in ready. The primary bedroom, with room for a king size bed, features a weight bearing loft and Statue of Liberty views that will not be obstructed by any new construction. Every detail has been considered to complement the dramatic proportions and architectural character for which The Chocolate Factory is known. Perhaps most remarkable are the residence’s sweeping, unobstructed views across Brooklyn to the Manhattan skyline, with sight lines extending to One World Trade Center, the Statue of Liberty and New York Harbor. By day, the home is filled with expansive sky and natural light; by evening, the city becomes the backdrop, creating a spectacular panorama that few Brooklyn residences can replicate. Originally constructed in 1947 and later transformed into a boutique condominium, The Chocolate Factory is an iconic Bedford-Stuyvesant loft building comprising just 45 residences across five stories. Its industrial heritage gives the property a distinctive architectural presence while offering the conveniences expected of modern condominium living. Residents enjoy an impressive collection of amenities, including a large fitness center and a beautifully landscaped rooftop garden covered in wild flowers like a timeless painting- thoughtfully planted and designed to create a sense of calm and separation from the urban environment below, the garden offers residents a true outdoor sanctuary for relaxing, reading, gathering with friends or simply enjoying the changing seasons and open sky. The rooftop experience is further complemented by a children’s play area and glass-enclosed fully equipped gym full of light and iconic views, creating a uniquely versatile setting for both quiet enjoyment and everyday living. Positioned at the intersection of Bed-Stuy and Clinton Hill, 689 Myrtle Avenue offers easy access to some of Brooklyn’s most dynamic dining, shopping and neighborhood destinations. The G train at Myrtle–Willoughby is just a few blocks away, with multiple bus routes providing convenient connections throughout Brooklyn and into Manhattan. A rare combination of loft architecture, complete designer renovation, expansive skyline exposure and private boutique-condominium living, this is a home that delivers both the character buyers seek in Brooklyn and the sophistication expected from a truly elevated residence. Residence 5I: 13-foot ceilings Unobstructed Views That Will Remain Unobstructed Gut Renovated- Brand New Residence Luxuriously Appointed Chef's Kitchen Pre-Sale Inspection Conducted By Gotham Inspection Private balcony Open skyline exposure- that will remain unobstructed Oversized loft proportions Large primary sleeping area Flexible living and work-from-home configuration

Features & Amenities

Interior Features

Breakfast Bar Built In Features Chandelier Granite Counters High Ceilings Pantry Recessed Lighting Soaking Tub See Remarks Flooring: Hardwood Double Pane Windows

Exterior Features

Building Roof Deck Private Outdoor Space Under60 Sqft

Building Amenities

Bike Storage Elevators Fitness Center

Appliances

Dryer Dishwasher Gas Cooktop Gas Oven Refrigerator Stainless Steel Appliances Washer

Building Information

Building The Chocolate Factory
Building Data View Compliance & Permits
Total Units 45
Stories 5
Style ContemporaryModern,Loft

Financial Details

Common Charges $1,307/mo
RE Taxes $6,192/yr ($516/mo)

Bedford/Stuyvesant, in Brooklyn, features a mix of traditional brownstone row houses and mid-rise apartment buildings. Local amenities include proximity to major parks and robust access via subway lines, such as the L and J/Z trains. The area retains much of its historic architecture alongside newer residential developments.

Bedford-Stuyvesant Live Market Data

View Neighborhood

Active Listings

88

Median Asking Price

$1.80M

Median $/Sqft

$860

Avg Days on Market

N/A

New This Week

14

Price Reduced

24%

Sold (30 Days)

16

Median Sale Price

$1.80M

Live data from RLS at REBNY • Updated 9/10/26, 8:25 PM EST

Similar Listings in Bedford-Stuyvesant

View All

Location

Loading map...

689 Myrtle Avenue #5I, Bedford-Stuyvesant, Kings County

Virtual Tour

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1947
Year Built
79 years old
45
Residential Units
M1-2/R6A
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $2,929,500
Land Value: $145,803
Exemptions: $15,510

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 10,790 SF
Building Area: 48,243 SF
Built FAR: 4.47
Allowed FAR: 3

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed common charges are $1,307 per month. Confirm the exact amount with Milton Coste before making an offer.

The current listed annual property tax is $6,192, or roughly $516 per month. Verify the current assessment with your attorney before closing.

This property has 1 bedroom and 1 full bathroom.

The listed interior living area is 1,182 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1947, making it approximately 79 years old.

This listing is a condominium. Buyers receive a deed to their individual unit and own their space outright, subject to condo association rules.

Pets are permitted at this property: Building Pets Allowed Comments:Cats and Dogs Allowed. Contact Milton Coste for weight limits or breed restrictions.

At the current list price of $1,300,000 for 1,182 sq ft, the asking price per square foot is approximately $1,100. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or milton@miltoncoste.com. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS20114326
First Listed: 9/10/2026
On Market: 9/10/2026
Price Changed: 9/10/2026
Contract Date: 8/1/2026

Listing Courtesy of Corcoran Group - Mary Smith

Listing Contact: (347) 233-4676

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing 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. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 9/11/2026 at 12:25 AM UTC

See it in person

Bedford-Stuyvesant Market Update

16 sales last 30 days · $1.80M median · 5.5 months supply

Read Full Report

New listings in this building

Quick Facts

Status Active Type Condo Neighborhood Bedford-Stuyvesant Borough Brooklyn
County Kings
Floor 5 of 5
Year Built 1947
First Listed 9/10/2026
Style ContemporaryModern,Loft
Living Area 1,182 sqft
Common Charges $1,307/mo
Annual Tax $6,192

Monthly Costs Estimate

Down Payment 20%

$260,000

Interest Rate Loading...

Source: Freddie Mac PMMS

Loan Term 30 years

Est. Monthly Payment

$0

Principal & Interest $0
PMI (under 20% down) $0
Common Charges $1,307
Est. Taxes $516
Total Monthly $0

Estimates only. Consult a lender for exact figures.

Mansion tax applies at this price point

New York State charges the buyer a mansion tax on residential purchases at $1,000,000 or more. At this asking price the tier is $1M to $1,999,999 at 1.00%, applied to the whole purchase price. It is due in cash at closing and cannot be financed.

Estimated mansion tax at asking

$13,000

Run the numbers on a different offer price

Estimate based on the asking price. Confirm your own obligation with your real estate attorney.

Back to Search

Find more properties

Buying a Condo? Start Here

Co-op vs. Condo: Which Is Right for You?

Ownership structure, board approval, financing: the full comparison.

Read article

Condo Due Diligence Checklist

What to review before signing: financials, reserve fund, offering plan.

Read article

How to Read a Condo Offering Plan

Decode the offering plan before you commit to any new development.

Read article

NYC Mansion Tax: 2026 Guide

How the tiered mansion tax works for purchases over $1M.

Read article

Interested in this property?

Your info is secure and never shared.

Call Text Email