Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $770,000

· Closed April 21, 2025

689 MYRTLE Avenue #4I
Closed For Sale Condo

$770,000

$651 per sq ft

689 MYRTLE Avenue #4I

Bedford-Stuyvesant, Brooklyn

Chocolate Factory

MLS® #RLS11016140

RLS at REBNY

Listing by Corcoran Group

2

Bedrooms

2

Baths

1,182

Sq. Ft.

1947

Year Built

Quick Summary

Bedrooms 2
Bathrooms 2
Living Area 1,182 sq ft
Year Built 1947
Ownership Condo
HOA/Common Charges $1,038/mo
Property Taxes Contact for details
Neighborhood Bedford-Stuyvesant
Floor 4 of 5

Property Highlights

  • Views: City
  • Exposure: East,North facing
  • Outdoor Space: None, Balcony

Property Details

Type Condo
Ownership Condominium
Total Rooms 4
Baths 2 Full
Floor 4 of 5
View City
Exposure East,North
Pets Yes
Year Built 1947
Living Area 1,182 sq ft
Architectural Style WalkUp
Basement Other
Parcel # 01734-1136
Block/Lot 01734/1136

Listing History

Event Date Price Change
Listed Oct 14, 2024 $825,000 -
Price Reduced Apr 24, 2025 $795,000 -3.6%
Currently Apr 22, 2026 $770,000 -3.1%

Description

Showings by appointment only and bring your contractor! This home is not ready to be lived-in as-is, but it IS a super unique opportunity to purchase a raw 1200 SF authentic loft space with a private balcony and 13' ceilings for a great price, and then renovate it to your own individual needs! This rare corner unit has been stripped down to just the studs, concrete floor and exposed concrete columns after a fire a few years ago, and now awaits an enterprising buyer to purchase it as-is and make it the home of their dreams!

The Chocolate Factory is a 1947 former factory converted to condos in 2003 and includes an elevator. Situated where Clinton Hill, Bed-Stuy and Williamsburg meet, the neighborhood bustles with creative energy. Known for its artistic residents and an awe-inspiring rooftop outdoor space (with a rooftop gym surrounded by glass; panoramic views of Brooklyn, Manhattan, and Queens; and a lush succulent garden), this is a space both tranquil and dramatic where you will find yourself right at home.

Situated on a high floor with incredible light, every dollar you put into this home you will get back, plus even more! Due to the corner orientation that includes massive casement windows on two sides, you can very easily renovate it into a spacious two-bedroom apartment. With its 13' soaring ceilings, there is even space to build out an additional loft area, plus 2 full bathrooms, and still enjoy a very capacious living room and kitchen with an easy flow to the private balcony area. It is very rare to find a true industrial loft space that also offers private outdoor space, so you don't want to miss this one!
Enjoy an elevator to whisk you up to the 4th floor, plus professional management. And if the space and light and opportunity to custom build are not enough enticement, come and visit for the location. Clinton Hill has become one of Brooklyn's most dynamic neighborhoods, chock full of fine dining, Pratt Institute, and fantastic amenities in every direction. Easy access to Fort Greene Park, the Navy Yard and the many amenities of Bed-Stuy and Williamsburg within walking distance. Do NOT forget to bring your contractor when you come for your visit to this amazing space!

Features & Amenities

Interior Features

Building None

Exterior Features

Balcony Building Roof Deck Private Outdoor Space Under60 Sqft None Balcony

Building Information

Building Chocolate Factory
Total Units 45
Stories 5
Style WalkUp

Financial Details

Common Charges $1,038/mo
RE Taxes Contact for details
Original Price $825,000
Sale Price $770,000
Previous Price $795,000

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

90

Median Asking Price

$1.26M

Median $/Sqft

$884

Avg Days on Market

N/A

New This Week

4

Price Reduced

19%

Sold (30 Days)

13

Median Sale Price

$1.84M

Live data from RLS at REBNY • Updated 4/22/26, 12:00 AM EST

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Location

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689 MYRTLE Avenue #4I, Bedford-Stuyvesant, Kings County

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: $24,880

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 $1,038 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 2 bedrooms and 2 full bathrooms.

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: Every owner,Building Pets Allowed Comments:Every owner. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $770,000 for 1,182 sq ft, the asking price per square foot is approximately $651. 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 mcoste@kwnyc.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: RLS11016140
First Listed: 10/16/2024
On Market: 10/14/2024
Price Changed: 4/24/2025
Closed: 4/21/2025
Contract Date: 10/16/2024

Listing Courtesy of Corcoran Group - Deborah Rieders

Listing Contact: (917) 494-2503

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 4/22/2026 at 4:00 AM UTC

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