---
title: "689 Myrtle Avenue #1C, New York City, NY 11205"
description: "689 Myrtle Avenue #1C, New York City, NY 11205 — Bedford-Stuyvesant, New York City, NY. Listing Price $875,000. Price Reduced: Reduced $24,000 (2.7%) from $899,000 on October 13, 2026. Studio bed, 1 bath, 1,222 sqft Illustrative Buyer Commission Share of $13,125 at closing, based on a 3% buyer-broker commission."
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11205/689-myrtle-avenue-1c-ny-11205"
source: "Real Estate Rebate Team"
dateModified: "2026-10-13T22:33:16.760Z"
status: "Active"
---

# 689 Myrtle Avenue #1C, New York City, NY 11205

Bedford-Stuyvesant, New York City, NY

Courtesy of Corcoran Group

Last updated: October 13, 2026, 6:33 PM

## At a Glance

- **Listing Price**: $875,000
- **Price Reduced**: Reduced $24,000 (2.7%) from $899,000 on October 13, 2026
- **Beds**: Studio
- **Baths**: 1
- **Sqft**: 1,222
- **Common Charges**: $1,436 / mo
- **Monthly Taxes**: $663 / mo
- **Price per Sqft**: $716
- **Brokerage Fee**: Share Eligible

## The Private Brokerage Advantage

As an independent luxury buyer representative, Régis shares 50% of the buyer-side commission he actually receives on your purchase. Eligible buyers receive that Buyer Commission Share directly at closing to offset closing costs, down payments, or renovations. The figures below are illustrative, based on a **3% buyer-broker commission**; your share follows the commission offered on the transaction.

- **Contract Purchase Price**: $875,000
- **Illustrative Buyer Commission Share**: -$13,125*
- **Illustrative Net Cost**: $861,875

*Illustrative Buyer Savings of $13,125 — 50% of a 3% buyer-broker commission, shared at closing.*

[Request a private tour](https://realestaterebatesnewyork.com/contact) · [Estimate your Buyer Commission Share](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)

## Photos (10)

![689 Myrtle Avenue #1C, New York City, NY 11205 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/17cb8516-d9dd-4baf-b438-a6442eb5dab0.jpg)
![689 Myrtle Avenue #1C, New York City, NY 11205 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/b2413464-79bf-4183-9d5d-b695adafd3c3.jpg)
![689 Myrtle Avenue #1C, New York City, NY 11205 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/7a62c7ea-b09f-4ad0-bb0e-2c1989289e1b.jpg)
![689 Myrtle Avenue #1C, New York City, NY 11205 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/8caf4ebb-6313-46a6-bda2-e40c3158bb45.jpg)
![689 Myrtle Avenue #1C, New York City, NY 11205 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/d99443b7-3d3c-4de7-9ae5-8c83131b76fd.jpg)
![689 Myrtle Avenue #1C, New York City, NY 11205 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/0a986877-e96e-49c3-af4d-78b28dfab6e3.jpg)
![689 Myrtle Avenue #1C, New York City, NY 11205 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/92779e55-9b30-4b8f-a792-03e19026e9e2.jpg)
![689 Myrtle Avenue #1C, New York City, NY 11205 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/f4cb5715-5f5a-459e-a173-7721671488f6.jpg)
![689 Myrtle Avenue #1C, New York City, NY 11205 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/f4abf1a2-e40a-43b3-b5f0-09323efe66e8.jpg)
![689 Myrtle Avenue #1C, New York City, NY 11205 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/6e51fad7-6b58-4378-b83a-7c3ffbf97a6f.jpg)

## Property Overview

NEW PRICE: $875,000 + SELLER-PAID RATE BUYDOWN

Currently set up as a ONE BEDROOM.

An exceptional value for true loft living in Brooklyn. Now offered at $875,000, approximately $716 per square foot, this dramatic 1,222-square-foot duplex at The Chocolate Factory pairs soaring proportions with a flexible layout and an exciting new financing incentive. The seller is offering a mortgage rate buydown for qualified buyers, reducing the effective rate used to calculate payments by 2 percentage points in the first year and 1 percentage point in the second year, subject to lender approval and program terms.

Currently configured as a one-bedroom, this ground-floor loft is defined by 17-foot ceilings that allow for full-height living spaces on both levels and a breathtaking wall of oversized windows that fills the home with natural light. The main level includes a renovated bathroom, in-unit washer/dryer, an oversized hallway closet, open office area, kitchen with granite peninsula, and an expansive living and dining space with walls made for large-scale art or a projection setup.

A spiral staircase leads to the upper level, where you'll find a generously sized sleeping area with a custom walk-in closet. Custom light-diffusing and blackout shades provide flexibility and privacy, while the apartment's setback from the street creates a surprisingly secluded environment. With its volume, scale and open layout, the home lends itself beautifully to creative living, entertaining, working from home, photography, art and more.

Originally built in 1947 and converted to condominiums in 2003, The Chocolate Factory offers a 5,000-square-foot landscaped roof garden with panoramic Manhattan and Brooklyn views, along with a rooftop atrium gym. The building has also recently completed a facade renovation.

Set near the border of Bed-Stuy and Clinton Hill, the home is convenient to Pratt, Myrtle Avenue's shops and restaurants, Herbert Von King Park, Fort Greene Park, Wegmans and the Brooklyn Navy Yard. The G train is approximately two blocks away, with Citi Bike stations and bike lanes also nearby.

Come experience the scale, flexibility and character of true Brooklyn loft living, now at a newly reduced price and with a compelling seller-paid financing incentive.

Seller-paid 2-1 temporary rate buydown is subject to buyer qualification, lender approval, loan program requirements and prevailing interest rates. Terms and availability may vary.

## Property Details

- **Property Type**: Condominium
- **Baths**: 1
- **Rooms**: 4
- **Sqft**: 1,222 sqft
- **Stories**: 5
- **Year Built**: 1947
- **Price per Sqft**: $716
- **Common Charges**: $1,436 / Monthly
- **Monthly Taxes**: $663 / mo
- **Listed On**: Sep 11, 2026
- **Days on Market**: 41 Days

### Residence Features

- Central Air
- In Unit
- See Remarks
- Building Roof Deck
- Eat-in Kitchen
- High Ceilings
- Walk-In Closet(s)
- Dishwasher
- Hardwood

## Estimated Monthly Payment

**$6,523 / month**, assuming a 20% down payment ($175,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three.

- **Principal & Interest**: $4,424
- **Property Taxes**: $663
- **Common Charges**: $1,436

Estimates only. Actual payments may vary. Confirm terms with your lender.

## Sales and market data

### Recent sales

8 apartments at Chocolate Factory have recorded sales since October 2021, the most recent for $755,000 in July 2026. Prices are the figures recorded with the City, not asking prices.

| Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source |
| --- | --- | --- | --- | --- | --- | --- |
| 4C (Loft) | Studio | 862 | $755,000 | $876/ft² | July 23, 2026 | City record · MLS |
| 3D (Apartment) | 2 | 955 | $899,000 | $941/ft² | July 13, 2026 | City record |
| 3B (Apartment) | Studio | 830 | $875,000 | $1,054/ft² | July 6, 2026 | City record |
| 4F (Loft) | Studio | 1,005 | $870,000 | $866/ft² | July 1, 2026 | MLS |
| 2E (Apartment) | Studio | 1,000 | $819,000 | $819/ft² | January 2, 2026 | City record · MLS |
| 4E (Apartment) | 1 | 1,000 | $825,000 | $825/ft² | October 15, 2025 | City record · MLS |
| 5F (Apartment) | Studio | 1,005 | $890,000 | $886/ft² | April 28, 2025 | City record · MLS |
| 4I (Apartment) | 2 | 1,182 | $770,000 | $651/ft² | April 21, 2025 | City record · MLS |

Every row is a recorded transaction, including ancillary spaces such as storage and staff rooms where they were sold separately. Those are excluded from the benchmark below.

### How this price compares

- **This home**: $875,000
- **Median sold price**: $847,000
- **Difference**: +$28,000 (+3.3%)
- **This home, $/ft²**: $716
- **Median $/ft²**: $881
- **Comparable sales**: 4
- **Sales from**: April 2025 – July 2026
- **Middle half of those sales**: $803,000 – $878,750

Based on studio sales at Chocolate Factory.

### How these sales were negotiated

- **Sale-to-list price**: 100% (3 sales)
- **Sold below asking**: 33% (3 sales)
- **Typical time to find a buyer**: 41 days (3 sales)
- **Typical time to close**: 84 days (3 sales)

Based on studio sales at Chocolate Factory with the required listing and closing data. Sample sizes vary by metric.

These are two separate periods measured on different clocks — time to find a buyer, and time from agreed deal to closing. They are medians of different sets of sales and do not add together into a single "days on market" figure.

### Price trend

Median price per square foot, sales at Chocolate Factory

| Year | Median $/ft² | Sales |
| --- | --- | --- |
| 2017 | $748/ft² | 4 (thin) |
| 2018 | $809/ft² | 4 (thin) |
| 2020 | $838/ft² | 3 (thin) |
| 2021 | $914/ft² | 3 (thin) |
| 2025 | $825/ft² | 3 (thin) |
| 2026 YTD | $909/ft² | 4 (thin) |

Based on recorded sales at Chocolate Factory. 2026 is year-to-date.

Years marked "thin" rest on fewer than 5 sales, where a single unusual apartment moves the median a long way. Read those points as the small samples they are rather than as the market turning.

Sales data through July 2026.

Sale prices are the consideration recorded with the City in ACRIS, and each sale is dated by the day the City recorded it. A closing date reported to the MLS typically falls one to two weeks earlier. Recorded sales describe what has already happened and are not an appraisal, a valuation, or an estimate of what this home will sell for.

[See every recorded sale at Chocolate Factory](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/chocolate-factory)

## Price and Property History for 689 Myrtle Avenue, Unit 1C

Review the recorded listing activity for 689 Myrtle Avenue, Unit 1C, including asking-price changes and prior market dates.

- **Latest price change**: Reduced by $24,000, or 2.7%, on October 13, 2026
- **Originally listed**: May 9, 2026 at $949,000
- **Current asking price**: $875,000

| Date | Price | Listing event |
| --- | --- | --- |
| October 13, 2026 | $875,000 | Asking price reduced by $24,000, or 2.7% |
| September 10, 2026 | $899,000 | Asking price increased by $50,000, or 5.9% |
| June 3, 2026 | $899,000 | Asking price reduced by $50,000, or 5.3% |
| May 9, 2026 | $949,000 | Listed for sale by Corcoran Group |

## Property Tax History

Taxes at 689 Myrtle Avenue #1C were $7,969 in 2026, down 0.4% from 2025.

| Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate |
| --- | --- | --- | --- | --- | --- | --- |
| 2026 (FY 2026/27) | $63,754 | $3,173 | $60,581 | $63,754 | $7,969 | 12.5% (estimated) |
| 2025 (FY 2025/26) | $67,574 | $3,173 | $64,401 | $63,983 | $7,998 | 12.5% (estimated) |
| 2024 (FY 2024/25) | $69,924 | $3,173 | $66,751 | $63,003 | $7,875 | 12.5% |
| 2023 (FY 2023/24) | $63,079 | $3,173 | $59,906 | $62,457 | $7,808 | 12.502% |
| 2022 (FY 2022/23) | $59,553 | $3,173 | $56,380 | $59,553 | $7,305 | 12.267% |
| 2021 (FY 2021/22) | $59,788 | $3,173 | $56,615 | $59,788 | $7,315 | 12.235% |
| 2020 | The City did not publish assessment data for this year. | — | — | — | — | — |
| 2019 | The City did not publish assessment data for this year. | — | — | — | — | — |
| 2018 (FY 2018/19) | $64,841 | $3,173 | $61,668 | $47,593 | $6,002 | 12.612% |
| 2017 (FY 2017/18) | $49,574 | $3,173 | $46,401 | $43,523 | $5,536 | 12.719% |
| 2016 (FY 2016/17) | $45,206 | $3,173 | $42,033 | $40,695 | $5,246 | 12.892% |
| 2015 (FY 2015/16) | $40,906 | $3,173 | $37,733 | $36,380 | $4,687 | 12.883% |
| 2014 (FY 2014/15) | $37,449 | $3,172 | $34,277 | $32,718 | $4,206 | 12.855% |
| 2013 (FY 2013/14) | $44,481 | $3,173 | $41,308 | $30,090 | $3,955 | 13.145% |
| 2012 (FY 2012/13) | $35,447 | $3,173 | $32,274 | $24,779 | $3,266 | 13.181% |
| 2011 (FY 2011/12) | $23,631 | $3,173 | $20,458 | $21,176 | $2,845 | 13.433% |
| 2010 (FY 2010/11) | $22,603 | $950 | $21,653 | $19,886 | $2,655 | 13.353% |

The City has not published the official FY2026/27 and FY2025/26 tax rates yet. We calculated the tax for those years using the prior year’s rate, so treat them as an estimate rather than a figure the City has adopted. Every rate without the Estimated marker is the published one.

Tax Assessment is the assessed value on the City’s roll, and it is the figure other listing sites publish. It is not what the bill is calculated on. New York phases assessment changes in gradually for some tax classes, so the City bills the Billable Value shown beside it, less any exemption the owner holds. It usually trails the assessment, and it can sit above it for a few years after an assessment falls.

Figures are the New York City Department of Finance assessment roll for tax lot 3017341103. Assessed and billable values are determined by the City for tax purposes and are not an appraisal or an estimate of market value. Tax classes and rates are set annually and can change.

[How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology)

## About The Building

### Chocolate Factory

689 MYRTLE Avenue, Brooklyn, NY 11205

A building in the neighborhood, currently featuring 3 active listings.

- **Year Built**: 1947
- **Active Units**: 3
- **Floors**: 5

[View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/chocolate-factory)

### Available Residences — For Sale (5)

| Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [1C](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11205/689-myrtle-avenue-1c-ny-11205) | Studio | 1 | 1,222 sqft | $716 | $875,000 (-2.7%) | Corcoran Group | Sep 11, 2026 | 40 days |
| [2E](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11205/689-myrtle-avenue-2e-ny-11205) | Studio | 1 | 1,000 sqft | $829 | $829,000 | The Agency Brokerage | Jul 9, 2026 | 104 days |
| [5I](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11205/689-myrtle-avenue-5i-ny-11205) | 1 | 1 | 1,182 sqft | $1,058 | $1,250,000 (-3.8%) | Corcoran Group | Sep 10, 2026 | 41 days |
| [3B](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11205/689-myrtle-avenue-3b-ny-11205) | Studio | 1 | 830 sqft | $963 | $799,000 — In contract | Serhant | Mar 27, 2026 | 208 days |
| [3H](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11205/689-myrtle-avenue-3h-ny-11205) | Studio | 1 | 1,035 sqft | $749 | $775,000 — In contract | Corcoran Group | Aug 5, 2026 | 77 days |

## Bedford-Stuyvesant

Explore more real estate and insights about Bedford-Stuyvesant.

[Explore Bedford-Stuyvesant](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/bedford-stuyvesant) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods)

## Related Links

- [Chocolate Factory — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/chocolate-factory)
- [Bedford-Stuyvesant neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/bedford-stuyvesant)
- [Estimate your Buyer Commission Share and closing costs](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)
- [Contact Régis Roumila](https://realestaterebatesnewyork.com/contact)

---

> RLS IDX Data display by Real Estate Rebate Team. This 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. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

> All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.