Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $575,000

· Closed August 29, 2012

689 MYRTLE Avenue #2G
Closed For Sale Condo

$575,000

$447 per sq ft

689 MYRTLE Avenue #2G

Bedford - Stuyvesant, Brooklyn

Chocolate Factory

MLS® #RLS10057116

RLS at REBNY

Listing by The Corcoran Group

Studio

1

Bath

1,285

Sq. Ft.

1947

Year Built

Quick Summary

Bedrooms Studio
Bathrooms 1
Living Area 1,285 sq ft
Year Built 1947
Ownership Condo
HOA/Common Charges $542/mo
Property Taxes $3,000/yr
Neighborhood Bedford - Stuyvesant
Floor 2 of 5

Property Highlights

  • Exposure: South facing
  • Climate Control: Central Air

Property Details

Type Condo
Ownership Condominium
Total Rooms 1
Baths 1 Full
Floor 2 of 5
Exposure South
Cooling Central Air
Pets Yes
Cross Street BEDFORD AVENUE and SPENCER STREET
Year Built 1947
Living Area 1,285 sq ft
Parcel # 01734-1116

Listing History

Event Date Price Change
Listed Oct 10, 2012 $589,000 -
Currently May 15, 2026 $575,000 -2.4%

Description

Come see this New York Times featured gem. Newly FHA Approved! This dramatic, 1,285 sqft duplex loft with 13 ft soaring ceilings is located in one of Brooklyn's most genuine loft buildings, The Chocolate Factory. This bright loft offers a central AC/heating system, hardwood floors throughout, and coveted southern exposures which floods the apartment with light through the wall of windows. The upper level is a large sleeping area complete with windows and two closets. The open designer kitchen with stainless steel appliances, maple cabinetry and granite island countertop makes a great entertaining space in addition to the magnificent dining/living areas. The generous bathroom layout includes an oversized Jacuzzi tub. This unit comes stocked with a full size washer & dryer and offers ample closet space, as well as a gigantic storage space under the sleeping loft. A new A/C compressor has been installed and all the electrical and lighting devices throughout the apartment have been upgraded. The Chocolate Factory was converted to a condominium in 2003 with other features including the first green roof in Brooklyn, an enclosed glass gym on the common roof deck looking out on spectacular views of Manhattan and Brooklyn. The building is FHA approved and currently applying for a Cooperative and Condominium Tax Abatement Program abatement for a 17.5% reduction in property taxes. The building is located just two minutes away for the G train at Myrtle A

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed

Building Information

Financial Details

Common Charges $542/mo
RE Taxes $3,000/yr ($250/mo)
Original Price $589,000
Sale Price $575,000

About Bedford - Stuyvesant

View All Bedford - Stuyvesant Listings

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

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Live data from RLS at REBNY • Updated 5/14/26, 11:02 PM EST

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Location

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689 MYRTLE Avenue #2G, Bedford - Stuyvesant, Kings County • Near BEDFORD AVENUE and SPENCER STREET

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: $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 $542 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $3,000, or roughly $250 per month. Verify the current assessment with your attorney before closing.

This property has 0 bedrooms and 1 full bathroom.

The listed interior living area is 1,285 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. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $575,000 for 1,285 sq ft, the asking price per square foot is approximately $447. 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 [email protected]. 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: RLS10057116
First Listed: 10/10/2012
Closed: 8/29/2012
Contract Date: 10/19/2011

Listing Courtesy of The Corcoran Group - Edwin Chung

Listing Contact: (718) 422-2569

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 5/15/2026 at 3:02 AM UTC

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