689 MYRTLE Avenue #3D
About This Property
LOFT LOVERS
OPEN HOUSE BY APPOINTMENT ONLY This one-of-a-kind, renovated 2 bedroom, 955 sq. ft., 13 ft. high condo loft is now for sale at The Chocolate Factory, situated on the border of Bedford Stuyvesant and Clinton Hill. This unique loft boasts a renovated layout filled with abundant light, ample windows, and exceptional storage.The spacious bathroom features mirrored walls and a generous jacuzzi bathtub. The open kitchen is equipped with stainless steel appliances, including a dishwasher, granite countertops with seating, and plentiful cabinets for all your storage needs. The living room windows span the entire wall, offering breathtaking, artistically landscaped views of Brooklyn.Designed for seamless dining, working, cooking, and relaxing, this artistic space embodies the perfect blend of functionality and style.Built in 1947 and converted to residential lofts in 2002, The Chocolate Factory Condominium features one of Brooklyn's only green roof decks, complete with crickets and butterflies. The glass-enclosed roof deck gym offers stunning views of the Manhattan skyline, including the Freedom Tower and Empire State Building, alongside a manicured garden.Additional amenities include an intercom system with cell phone integration, 24/7 video security, high-speed Verizon internet, a bike room, and rooftop WiFi, allowing you to work outdoors with panoramic views in tranquility.The G train at Myrtle-Willoughby is just 2.5 blocks away, with multiple bus routes providing quick access to the A, C, F, Q, N, R, 2, 3, 4, 5, J, M, and Z lines within 10 minutes. Major grocery stores like Wholefoods, Trader Joe's, Wegman's, Fairway, and Costco, along with organic and health food stores and numerous restaurants, deliver directly to the building.This 2-bedroom condo loft is also near the YMCA, Herbert Von King Park, the Kosciuszko pool, Fort Greene Park, the post office, grocery stores, Duane Reade, Home Depot, Zipcar lots, parking garages, and Citibike stations. Conveniently, a grocery store and a Zipcar lot are located just across the street.Manifest the loft of your dreams today!
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Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
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Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
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Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Aug 6, 2024 | Listed by Serhant LLC | $850,000 | |
Listed by Serhant LLC | |||
Aug 5, 2009 | Sold to Patricia Tiglias | $469,000 | |
Sold to Patricia Tiglias | |||
Aug 21, 2003 | Sold to Erich Dietrich, Mark V Wier | $327,522 | |
Sold to Erich Dietrich, Mark V Wier |
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
04/18/2023
|
2 Bed
|
2 Bath
|
-
|
$999,990
2 Bed
2 Bath
|
-
-
|
-
|
Lucy Luo
Winzone Realty Home INC.
|
|
12/18/2021
|
2 Bed
|
2 Bath
|
1354 ft²
|
$1,050,000
2 Bed
2 Bath
1354 ft²
|
-
-
|
-
|
Anthony Aliotta
Weichert Realtors The Franzese
|
|
07/06/2021
|
1 Bed
|
1 Bath
|
-
|
$849,500
1 Bed
1 Bath
|
$825,000
-2.88%
08/06/2021
|
-
|
Erion Ahmetaj
Compass
|
|
06/17/2021
|
2 Bed
|
1 Bath
|
1005 ft²
|
$900,000
2 Bed
1 Bath
1005 ft²
|
$875,000
-2.78%
10/05/2021
|
Emma James
Corcoran Group
|
||
05/24/2021
|
1 Bed
|
1 Bath
|
1182 ft²
|
$1,080,000
1 Bed
1 Bath
1182 ft²
|
$1,080,000
07/23/2021
|
Emma James
Corcoran Group
|
||
04/14/2021
|
1 Bed
|
1 Bath
|
1182 ft²
|
$995,000
1 Bed
1 Bath
1182 ft²
|
$1,100,000
+10.55%
07/14/2021
|
Emma James
Corcoran Group
|
||
06/29/2020
|
1 Bed
|
1 Bath
|
862 ft²
|
$759,000
1 Bed
1 Bath
862 ft²
|
$759,000
08/25/2020
|
Emma James
Corcoran Group
|
||
05/16/2019
|
1 Bed
|
1 Bath
|
830 ft²
|
$699,000
1 Bed
1 Bath
830 ft²
|
$699,000
07/30/2019
|
Anthony Morris
Corcoran Group
|
||
04/29/2019
|
2 Bed
|
1 Bath
|
1182 ft²
|
$999,000
2 Bed
1 Bath
1182 ft²
|
$1,010,000
+1.10%
10/04/2019
|
Yuval Vidal
Compass
|
||
12/09/2018
|
1 Bed
|
1 Bath
|
982 ft²
|
$799,000
1 Bed
1 Bath
982 ft²
|
$775,000
-3.00%
06/19/2020
|
-
|
Scott Savory
Compass
|
|
09/05/2018
|
1 Bed
|
1 Bath
|
950 ft²
|
$798,000
1 Bed
1 Bath
950 ft²
|
$798,000
12/13/2018
|
Matt Martin
Brown Harris Stevens Residential Sales LLC
|
||
07/31/2018
|
|
Studio
|
1 Bath
|
830 ft²
|
-
Studio
1 Bath
830 ft²
|
-
-
|
-
|
-
|
04/13/2018
|
2 Bed
|
1 Bath
|
1576 ft²
|
$945,000
2 Bed
1 Bath
1576 ft²
|
$945,000
07/02/2018
|
-
|
Heather McMaster
The Corcoran Group
|
|
09/02/2017
|
|
1 Bed
|
1 Bath
|
1576 ft²
|
-
1 Bed
1 Bath
1576 ft²
|
-
-
|
-
|
-
|
08/01/2017
|
1 Bed
|
1 Bath
|
1576 ft²
|
$1,150,000
1 Bed
1 Bath
1576 ft²
|
-
07/02/2018
|
Jonathan Makolondra
Redfin Real Estate
|
||
02/27/2017
|
1 Bed
|
1 Bath
|
950 ft²
|
$810,000
1 Bed
1 Bath
950 ft²
|
$810,000
07/11/2017
|
Esther Patten
Compass
|
||
07/05/2016
|
2 Bed
|
1 Bath
|
1000 ft²
|
$825,000
2 Bed
1 Bath
1000 ft²
|
$775,000
-6.06%
03/29/2017
|
Christopher Danuser
R New York
|
||
06/10/2016
|
Studio
|
1 Bath
|
1000 ft²
|
$775,000
Studio
1 Bath
1000 ft²
|
$720,000
-7.10%
01/12/2017
|
Tonya Canady
Serhant LLC
|
||
06/05/2016
|
2 Bed
|
2 Bath
|
1354 ft²
|
$895,000
2 Bed
2 Bath
1354 ft²
|
$875,000
-2.23%
03/15/2017
|
Bruce Henderson
Corcoran Group
|
||
02/28/2016
|
2 Bed
|
1 Bath
|
1285 ft²
|
$899,000
2 Bed
1 Bath
1285 ft²
|
-
06/21/2016
|
Jeffrey M Schleider
Miron Properties
|
||
10/16/2015
|
2 Bed
|
1 Bath
|
1200 ft²
|
$895,000
2 Bed
1 Bath
1200 ft²
|
$860,000
-3.91%
12/17/2015
|
Jeffrey M Schleider
Miron Properties
|
||
04/29/2015
|
2 Bed
|
1 Bath
|
1182 ft²
|
$779,000
2 Bed
1 Bath
1182 ft²
|
$850,000
+9.11%
07/16/2015
|
Tonya Canady
Serhant LLC
|
||
04/24/2015
|
1 Bed
|
1 Bath
|
955 ft²
|
$625,000
1 Bed
1 Bath
955 ft²
|
$775,000
+24.00%
07/29/2015
|
Tonya Canady
Serhant LLC
|
||
05/14/2014
|
1 Bed
|
1 Bath
|
950 ft²
|
$629,000
1 Bed
1 Bath
950 ft²
|
$599,000
-4.77%
10/17/2014
|
Tonya Canady
The Corcoran Group
|
||
04/20/2014
|
1 Bed
|
1 Bath
|
955 ft²
|
$599,000
1 Bed
1 Bath
955 ft²
|
$670,000
+11.85%
06/25/2014
|
Tonya Canady
The Corcoran Group
|
||
10/19/2011
|
Studio
|
1 Bath
|
1285 ft²
|
$589,000
Studio
1 Bath
1285 ft²
|
$575,000
-2.38%
08/29/2012
|
Edwin Chung
Corcoran Group
|
Building Info
- 45 Units
- 2 Units for Sale
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