For Sale · Listing by Corcoran Group
689 Myrtle Avenue #5I
Bedford-Stuyvesant, Brooklyn
$1,250,000
689 Myrtle Avenue #5I
MLS® #RLS20114326
Listing by Corcoran Group
- 1
- Bedroom
- 1
- Bath
- 1,182
- Sq. Ft.
- 1947
- Year Built
Quick Summary
Property Highlights
- Views: City Lights, City, Panoramic, Skyline
- Exposure: North,South facing
- Style: ContemporaryModern,Loft architecture
Property Details
Listing History
| Event | Date | Price | Change |
|---|---|---|---|
| Listed | Sep 10, 2026 | $1,300,000 | - |
| Currently | Oct 29, 2026 | $1,250,000 | -3.8% |
Description
Take advantage of an exclusive seller-sponsored mortgage rate buydown incentive, thoughtfully designed to enhance purchasing power ! COME SEE WHY BEING ON THE PENTHOUSE FLOOR AND HAVING YOUR VIEWS REMAIN IN TACT MATTERS- NO NEW CONSTRUCTION INTERFERENCE- PURE SKY!!! 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 Empire State Builiding 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 5500 SF Roofdeck with Panoramic Views + Wildflower Garden + Gym UNOBSTRUCTED VIEWS THAT WILL NOT BE BLOCKED BY ANY NEW BUILDING IN CURRENT CONSTRUCTION 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
Exterior Features
Building Amenities
Appliances
Building Information
Financial Details
About Bedford-Stuyvesant
View All Bedford-Stuyvesant ListingsBedford/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 NeighborhoodActive Listings
106
Median Asking Price
$1.45M
Median $/Sqft
$852
Avg Days on Market
N/A
New This Week
3
Price Reduced
23%
Sold (30 Days)
12
Median Sale Price
$1.96M
Live data from RLS at REBNY • Updated 10/29/26, 4:27 AM EST
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Location
689 Myrtle Avenue #5I, Bedford-Stuyvesant, Kings County
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Floor Plans
Building Information
Official NYC property records for this building
Tax & Assessment
Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.
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
Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Building Data
NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning. Updated quarterly.
Market Data
RLS® at REBNY (Real Estate Board of New York). Live data updated in real-time.
Map & Location
OpenStreetMap contributors via Leaflet. Geocoding via Nominatim.
All data is provided for informational purposes only and should be independently verified. See our Data Sources Policy for more information.
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 $1,250,000 for 1,182 sq ft, the asking price per square foot is approximately $1,058. 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) 416-7433Listing 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.
How working with a buyer's agent works: I work for you, not the seller. Before I show you anything, New York brokerage rules ask us to put that in writing: an agreement and a disclosure that say I work for you and negotiate on your behalf. The agreement is non-exclusive: you can work with other agents, it runs for a short fixed term we agree on, and you can end it with a note. You may attend open houses independently without an agreement. Read how it works
RLS Data display by Keller Williams NYC. Data last updated on 10/29/2026 at 8:27 AM UTC
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Sale history, taxes, violations and comps for this unit
Before you bid
Pre-Offer Report: 689 Myrtle Avenue #5I
At $1,250,000, the listing leaves out what decides the offer: the recorded sale history, the tax and abatement picture, open building violations and permits, and the closed sales that set the price. Milton prepares the report from public records. No obligation.
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What happens next
- 1Milton emails you today.
- 2A short call about what you want and when.
- 3The agreement arrives electronically after the call. Then showings.
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You're contacting Milton Coste, a buyer's agent. Before any private showing, New York brokerage rules require a short non-exclusive agreement. Milton walks you through it before you sign anything. Broker commissions are not set by law and are fully negotiable. How working together works.
Bedford-Stuyvesant Market Update
12 sales last 30 days · $1.45M median · 8.8 months supply
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Quick Facts
Monthly Costs Estimate
$250,000
Source: Freddie Mac PMMS
Est. Monthly Payment
$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
$12,500
Estimate based on the asking price. Confirm your own obligation with your real estate attorney.
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