---
title: "689 MYRTLE Avenue #2E, New York City, NY 11205"
description: "689 MYRTLE Avenue #2E, New York City, NY 11205 — Bedford-Stuyvesant, New York City, NY. Listing Price $829,000. Studio bed, 1 bath, 1,000 sqft Illustrative Buyer Commission Share of $12,435 at closing, based on a 3% buyer-broker commission."
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11205/689-myrtle-avenue-2e-ny-11205"
source: "Real Estate Rebate Team"
dateModified: "2026-09-02T08:33:29.373Z"
status: "Active"
---

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

Bedford-Stuyvesant, New York City, NY

Courtesy of The Agency Brokerage

Last updated: September 2, 2026, 4:33 AM

## At a Glance

- **Listing Price**: $829,000
- **Beds**: Studio
- **Baths**: 1
- **Sqft**: 1,000
- **Common Charges**: $1,263 / mo
- **Price per Sqft**: $829
- **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**: $829,000
- **Illustrative Buyer Commission Share**: -$12,435*
- **Illustrative Net Cost**: $816,565

*Illustrative Buyer Savings of $12,435 — 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 (5)

![689 MYRTLE Avenue #2E, New York City, NY 11205 — photo 1 of 5](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/3e13dcf4-57c7-4011-bc3f-cfefd85923c0.jpg)
![689 MYRTLE Avenue #2E, New York City, NY 11205 — photo 2 of 5](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/3d5e346c-4d91-4274-8bb1-5eab361e2da8.jpg)
![689 MYRTLE Avenue #2E, New York City, NY 11205 — photo 3 of 5](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/d4c3d05f-2d6a-4ab0-87b0-42eb2c7bc7a0.jpg)
![689 MYRTLE Avenue #2E, New York City, NY 11205 — photo 4 of 5](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/4717ec8c-daf2-4630-a77a-20a3435d45d9.jpg)
![689 MYRTLE Avenue #2E, New York City, NY 11205 — photo 5 of 5](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/2f37acf9-d7f8-4440-a5db-8c6acf648044.jpg)

## 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 the space in natural light and beautifully frame views of each season, blossoms in spring, lush green in summer and a snowy wonderland in winter. The open 20x 20 foot living and dining area provides a versatile canvas for entertaining, working or simply unwinding. Freshly sanded and stained floors add warmth and a clean, modern foundation to the space. The open kitchen bridges the living and sleeping area, offering generous counter space and an ideal layout for hosting, be it intimate dinners or larger gatherings.

 The distinctive lofted sleeping area is quintessentially Brooklyn and can easily accommodate a king-sized bed. Here you can create a private retreat without sacrificing the loft's open, airy feel.

 2E has plenty of storage space, central air and of course, the coveted in-unit washer/dryer!

 The Chocolate Factory stands apart as the first building in Brooklyn to feature a green roof; a serene 5,000sq ft landscaped oasis with native plantings and breathtaking 360-degree views of the Manhattan skyline and Brooklyn. Residents also enjoy a glass enclosed rooftop gym, bike storage and the convenience of Verizon FIOS.

 Positioned at the crossroads of Bedford-Stuyvesant and Clinton Hill, The Chocolate Factory is surrounded by neighborhood favorites including Brooklyn Kolache, Rustik Tavern, Speedy Romeo, Peaches, and Stone Fruit.

## Property Details

- **Property Type**: Loft
- **Baths**: 1
- **Rooms**: 1
- **Sqft**: 1,000 sqft
- **Stories**: 5
- **Year Built**: 1947
- **Price per Sqft**: $829
- **Common Charges**: $1,263 / Monthly
- **Listed On**: Jul 9, 2026
- **Days on Market**: 88 Days

### Residence Features

- Washer Hookup
- In Unit
- Building Roof Deck
- High Ceilings

## Estimated Monthly Payment

**$5,455 / month**, assuming a 20% down payment ($165,800), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three.

- **Principal & Interest**: $4,192
- **Common Charges**: $1,263

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

## Sales and market data

### Recent sales

7 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 |
| 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 |
| 3F (Apartment) | 2 | 1,005 | $875,000 | $871/ft² | October 5, 2021 | 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**: $829,000
- **Median sold price**: $819,000
- **Difference**: +$10,000 (+1.2%)
- **This home, $/ft²**: $829
- **Median $/ft²**: $876
- **Comparable sales**: 3
- **Sales from**: April 2025 – July 2026
- **Middle half of those sales**: $787,000 – $854,500

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) |

Based on recorded sales at Chocolate Factory.

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 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

| Date | Price | Listing event |
| --- | --- | --- |
| July 9, 2026 | $829,000 | Listed for sale by The Agency Brokerage |
| January 2, 2026 | $819,000 | Sold — recorded sale price |
| September 5, 2025 | $819,000 | Entered contract |
| June 19, 2025 | $819,000 | Asking price reduced by $20,000, or 2.4% |
| April 15, 2025 | $839,000 | Listed for sale by Douglas Elliman Real Estate |

## Property Tax History

Taxes at 689 MYRTLE Avenue #2E were $6,657 in 2026, down 0.6% from 2025.

| Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate |
| --- | --- | --- | --- | --- | --- | --- |
| 2026 (FY 2026/27) | $55,543 | $2,764 | $52,779 | $55,543 | $6,657 | 12.5% (estimated) |
| 2025 (FY 2025/26) | $58,870 | $2,764 | $56,106 | $55,741 | $6,699 | 12.5% (estimated) |
| 2024 (FY 2024/25) | $60,918 | $2,764 | $58,154 | $54,887 | $6,571 | 12.5% |
| 2023 (FY 2023/24) | $54,954 | $2,764 | $52,190 | $54,411 | $6,512 | 12.502% |
| 2022 (FY 2022/23) | $51,882 | $2,764 | $49,118 | $51,882 | $6,071 | 12.267% |
| 2021 (FY 2021/22) | $52,087 | $2,764 | $49,323 | $52,087 | $6,072 | 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) | $56,490 | $2,764 | $53,726 | $41,463 | $4,920 | 12.612% |
| 2017 (FY 2017/18) | $43,189 | $2,765 | $40,424 | $37,918 | $4,533 | 12.719% |
| 2016 (FY 2016/17) | $39,384 | $2,765 | $36,619 | $35,456 | $4,267 | 12.892% |
| 2015 (FY 2015/16) | $35,638 | $2,764 | $32,874 | $31,693 | $3,780 | 12.883% |
| 2014 (FY 2014/15) | $32,626 | $2,764 | $29,862 | $28,505 | $3,362 | 12.855% |
| 2013 (FY 2013/14) | $38,752 | $2,764 | $35,988 | $26,214 | $3,446 | 13.145% |
| 2012 (FY 2012/13) | $30,882 | $2,765 | $28,117 | $21,587 | $2,845 | 13.181% |
| 2011 (FY 2011/12) | $20,588 | $2,765 | $17,823 | $18,447 | $2,478 | 13.433% |
| 2010 (FY 2010/11) | $19,692 | $828 | $18,864 | $17,320 | $2,313 | 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 3017341114. 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 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [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 | 87 days |
| [1C](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11205/689-myrtle-avenue-1c-ny-11205) | Studio | 1 | 1,222 sqft | $736 | $899,000 (+5.9%) | Corcoran Group | Sep 11, 2026 | 23 days |
| [5I](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11205/689-myrtle-avenue-5i-ny-11205) | 1 | 1 | 1,182 sqft | $1,100 | $1,300,000 | Corcoran Group | Sep 10, 2026 | 24 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 | 191 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 | 60 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.