The Chocolate Factory

The Chocolate Factory is a condo located 689 Myrtle Avenue, in Bedford-Stuyvesant, Brooklyn. The building was first built in 1947 and is 77 years old. The lot that the building was built on is 100 feet wide and 107 feet long. The official lot area is listed as 10,790 square feet. In total, 689 Myrtle Avenue has a total floor area of 48,243 square feet. Of that, 48,243 square feet are used for residential purposes. There are a total of 45 units. Of those, 45 are residential units. There are no commercial units in this building. Thankfully, the building is equipped with elevator service.

Interested in learning more about the building? There are many great amenities and features for residents in the building. For your convenience, laundry is located in the building. Better yet, washer and dryers are allowed in each unit. For those who love to work out, there is a fitness center. Love to bike? Store your bike in the building's bike storage rather than your own apartment. Don't forget to take full advantage of the roof deck where you can soak up some sun during summer or host a get together with your friends and family. Residents who own pets will be happy to hear that the building is pet-friendly. Both dogs and cats are allowed in the building! There are 109 closings on record, of which we have matching data for 25 listings. In the past 3 years, a listing in this building will typically remain on the market for about 99 days and tend to sell below the original asking price of $850,000 by 5.81%. Meaning, listings tend to sell at a median of $825 price per square foot. The transaction that took the longest to complete was unit 1I, listed on Aug 01, 2017 for $1,150,000. This particular unit ultimately sold 335 days later for $900,000. The most recent transaction was for unit 2A, sold for $0 on Nov 02, 2022. Fun fact, the oldest transaction we have on record took place on May 29, 1974. See the full transaction history for The Chocolate Factory below.

Bedford-Stuyvesant, where 689 Myrtle Avenue is located, has a median asking price of $1,100,000 for condo buildings. Meanwhile, the building itself has a median asking price of $850,000. For interested buyers, that means the building's median asking price is around 0.23% below the neighborhood's median asking price for condos. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other condo buildings in the neighborhood.

Unfortunately, there are currently no active listings within the building but our inventory of available units for sale is constantly updating in real time. Check back frequently for updates.