689 MYRTLE Avenue #2E, New York City, NY 11205

Bedford-Stuyvesant, New York City, NYCourtesy of The Agency Brokerage

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689 MYRTLE Avenue #2E, Bedford-Stuyvesant, Brooklyn, NY 11205 - Main property photo
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689 MYRTLE Avenue #2E, Bedford-Stuyvesant, Brooklyn, NY 11205 - Property photo 5 of 5

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 beside this are illustrative, based on a 3% buyer-broker commission; your share follows the commission offered on the transaction.

Contract Purchase Price$829,000
Illustrative Buyer Commission Share-$12,435*
Illustrative Net Cost$816,565
Listing Price
$829,000
Common Charges$1,263 / mo
Monthly Taxes
Price per Sqft$829
Brokerage FeeShare Eligible
Studio
Beds
1
Baths
1,000
Sqft
Illustrative Buyer Savings
+$12,435*
50% of a 3% buyer-broker commission, shared at closing
Regis Roumila

Regis Roumila

Verified Member: REBNY · NAR

NYDOS LIC#: 10491211335

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Property Overview

Welcome to 689 Myrtle Ave, Unit 2E - an opportunity to own a piece of Brooklyn history in one the neighborhood's most iconic conversions. Originally built in 1947 as the Cocoline Chocolate Factory and transformed into a boutique condominium in 2003, The Chocolate Factory offers an authentic loft living experience that seamlessly blends industrial heritage with contemporary comfort.

Spanning approximately 1000 square feet, this dramatic studio loft captivates from the moment you enter. Nearly 13-foot ceilings create an inspiring sense of volume, whilst huge south-facing windows bathe ...

Property Details

PROPERTY TYPELoft
BATHS1
ROOMS1
SQFT1,000 sqft
STORIES5
YEAR BUILT1947
PRICE PER SQFT$829
COMMON CHARGES$1,263 / Monthly
LISTED ONJul 9, 2026
DAYS ON MARKET66 Days
 
 

Residence Features

Washer Hookup
In Unit
Building Roof Deck
High Ceilings

Sales Evidence

Recent closed sales

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

Recorded closed sales at Chocolate Factory, September 2021 – July 2026
4CLoftStudio862$755,000$876/ft²July 23, 2026City record · MLS
4FLoftStudio1,005$870,000$866/ft²July 1, 2026MLS
2EApartmentStudio1,000$819,000$819/ft²January 2, 2026City record · MLS
4EApartment11,000$825,000$825/ft²October 15, 2025City record · MLS
5FApartmentStudio1,005$890,000$886/ft²April 28, 2025City record · MLS
4IApartment21,182$770,000$651/ft²April 21, 2025City record · MLS
3FApartment21,005$875,000$871/ft²October 5, 2021City 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

The median closed price for comparable studio sales at Chocolate Factory is $819,000, based on 3 sales between April 2025 and July 2026. This home is asking $829,000, $10,000 above that median. The middle half of those sales closed between $787,000 and $854,500.

Median closed price
$819,000
Middle half
$787,000 – $854,500
Based on
3 studio sales at Chocolate Factory
Period
April 2025 – July 2026
Median $/ft²
$876/ft²

Across the 3 of these sales with a published asking price, the median closed at 100% of what it originally asked. 33% of them closed below the original ask.

How these sales were negotiated

Sold vs original ask
100% of the original ask
Closed below ask
33% of 3 sales
Listed → in contract
41 days (about 6 weeks)
In contract → closed
84 days (about 12 weeks)

Across the 3 of these sales with a published asking price, the median closed at 100% of what it originally asked. 33% of them closed below the original ask.

Half of these homes were in contract within 41 days (about 6 weeks) of coming to market, based on the 3 with a recorded listing date.

Once a deal was agreed, closing took a further 84 days (about 12 weeks), based on the 3 with both dates recorded.

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.

Based on 3 studio sales at Chocolate Factory, April 2025 – July 2026. Each figure counts only the sales that recorded the dates it needs, which is why the denominators differ.

Price trend

Median price per square foot for sales at Chocolate Factory, 2017 to 2025. Price per square foot is used rather than sale price so the line follows the market rather than whichever apartments happened to change hands that year.

Median $/ft² by year for sales at Chocolate Factory, 2017 to 2025, with the number of sales behind each year
YearMedian $/ft²Sales
2017$748/ft²4Thin
2018$809/ft²4Thin
2020$838/ft²3Thin
2021$914/ft²3Thin
2025$825/ft²3Thin

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.

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.

Price and Property History for 689 MYRTLE Avenue, Unit 2E

Review the recorded listing activity for 689 MYRTLE Avenue, Unit 2E, including asking-price changes and prior market dates.

Last sold (recorded)
$819,000 on January 2, 2026
Listing and price history for 689 MYRTLE Avenue, Unit 2E
DatePriceListing event
$829,000Listed for sale by The Agency Brokerage
$819,000Sold — recorded sale price
$819,000Entered contract
$819,000Asking price reduced by $20,000, or 2.4%
$839,000Listed for sale by Douglas Elliman Real Estate

About The Building

Chocolate Factory

Chocolate Factory

689 MYRTLE Avenue, Brooklyn, NY 11205

A building in the neighborhood, currently featuring 4 active listings.

YEAR BUILT1947
TOTAL UNITS4
FLOORS5

Interested in Chocolate Factory?

Consult Régis for private buyer guidance, off-market opportunities, building financials, board package requirements, closing costs, and potential Buyer Savings.

Available Residences

FOR SALE (4)
2EStudio11,000 sqft$829
$829,000
The Agency BrokerageJul 9, 202665 days
3BStudio1830 sqft$963
$799,000
In contract
SerhantMar 27, 2026169 days
3HStudio11,035 sqft$749
$775,000
In contract
Corcoran GroupAug 5, 202638 days
5I111,182 sqft$1,100
$1,300,000
Corcoran GroupSep 10, 20262 days

Estimated Monthly Payment

$5,455/ month
Principal & Interest$4,19277% of totalCommon Charges$1,26323% of total
Down Payment$165,800 (20%)
Interest Rate6.5%
Loan Term
Principal & Interest
$4,192
Common Charges
$1,263

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

Neighborhood Context

Nearby Schools

Yeshiva Mesivta Arugath Habosem0.4 miles
Public School 3800.5 miles
Bais Yakov of Khal Adas Yereim0.71 miles
All Saints Elementary School0.73 miles
Clara Muhammad School of Masjid Khal0.75 miles

* Distances are approximate line-of-sight metrics.

Location Context

Bedford-Stuyvesant

Explore more real estate and insights about Bedford-Stuyvesant.

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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.