--- title: "689 Myrtle Avenue #5I, New York City, NY 11205" description: "689 Myrtle Avenue #5I, New York City, NY 11205 — Bedford-Stuyvesant, New York City, NY. Listing Price $1,300,000. 1 bed, 1 bath, 1,182 sqft Illustrative Buyer Commission Share of $19,500 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11205/689-myrtle-avenue-5i-ny-11205" source: "Real Estate Rebate Team" dateModified: "2026-09-11T00:04:16.876Z" status: "Active" --- # 689 Myrtle Avenue #5I, New York City, NY 11205 Bedford-Stuyvesant, New York City, NY **New Development** Courtesy of Corcoran Group Last updated: September 10, 2026, 8:04 PM ## At a Glance - **Listing Price**: $1,300,000 - **Beds**: 1 - **Baths**: 1 - **Sqft**: 1,182 - **Common Charges**: $1,307 / mo - **Monthly Taxes**: $516 / mo - **Price per Sqft**: $1,100 - **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**: $1,300,000 - **Illustrative Buyer Commission Share**: -$19,500* - **Illustrative Net Cost**: $1,280,500 *Illustrative Buyer Savings of $19,500 — 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 #5I, New York City, NY 11205 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/11e6150a-0615-4aaf-8413-8e63906c0270.png) ![689 Myrtle Avenue #5I, New York City, NY 11205 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/558cf2bd-c74d-41ca-919d-6a1ec626534a.png) ![689 Myrtle Avenue #5I, New York City, NY 11205 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/52897d05-99fe-4829-b5f4-ff45fee0f441.png) ![689 Myrtle Avenue #5I, New York City, NY 11205 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/ab13cabf-df10-45e6-b189-40676eec8c90.png) ![689 Myrtle Avenue #5I, New York City, NY 11205 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/7acc5762-8394-4ac3-9a08-93d73591d5a1.png) ![689 Myrtle Avenue #5I, New York City, NY 11205 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/863e94c3-0eea-4fa9-9605-6da6d6aa19d8.png) ![689 Myrtle Avenue #5I, New York City, NY 11205 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/4146ff54-52a7-45a6-a3f1-ba9f5e433a98.png) ![689 Myrtle Avenue #5I, New York City, NY 11205 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/66098b8e-09ff-4876-9220-7c901736061b.jpg) ![689 Myrtle Avenue #5I, New York City, NY 11205 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/acd2e09a-4e14-4fcb-b409-e4ec95558c8d.png) ![689 Myrtle Avenue #5I, New York City, NY 11205 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/0f971490-c30c-4cf1-9137-0b72235a55b6.jpg) ## Property Overview Residence 5I The Penthouse is set atop one of Brooklyn’s most distinctive loft conversions. This exceptional residence at The Chocolate Factory, 689 Myrtle Avenue, pairs authentic industrial character with a completely reimagined, luxury interior one bedroom residence with unobstructed and extraordinary panoramic views. This residence is one of few that will maintain unobstructed views. The massive, top floor 1,182 SF loft home has undergone a comprehensive gut renovation, thoughtfully executed with a refined, contemporary aesthetic. Custom cabinetry, new windows, beautifully finished hardwood floors, a lovely entry hall, integrated air conditioning, full laundry room and a striking custom-tiled bathroom create a residence that feels sophisticated, polished and entirely move-in ready. The primary bedroom, with room for a king size bed, features a weight bearing loft and Statue of Liberty views that will not be obstructed by any new construction. Every detail has been considered to complement the dramatic proportions and architectural character for which The Chocolate Factory is known. Perhaps most remarkable are the residence’s sweeping, unobstructed views across Brooklyn to the Manhattan skyline, with sight lines extending to One World Trade Center, the Statue of Liberty and New York Harbor. By day, the home is filled with expansive sky and natural light; by evening, the city becomes the backdrop, creating a spectacular panorama that few Brooklyn residences can replicate. Originally constructed in 1947 and later transformed into a boutique condominium, The Chocolate Factory is an iconic Bedford-Stuyvesant loft building comprising just 45 residences across five stories. Its industrial heritage gives the property a distinctive architectural presence while offering the conveniences expected of modern condominium living. Residents enjoy an impressive collection of amenities, including a large fitness center and a beautifully landscaped rooftop garden covered in wild flowers like a timeless painting- thoughtfully planted and designed to create a sense of calm and separation from the urban environment below, the garden offers residents a true outdoor sanctuary for relaxing, reading, gathering with friends or simply enjoying the changing seasons and open sky. The rooftop experience is further complemented by a children’s play area and glass-enclosed fully equipped gym full of light and iconic views, creating a uniquely versatile setting for both quiet enjoyment and everyday living. Positioned at the intersection of Bed-Stuy and Clinton Hill, 689 Myrtle Avenue offers easy access to some of Brooklyn’s most dynamic dining, shopping and neighborhood destinations. The G train at Myrtle–Willoughby is just a few blocks away, with multiple bus routes providing convenient connections throughout Brooklyn and into Manhattan. A rare combination of loft architecture, complete designer renovation, expansive skyline exposure and private boutique-condominium living, this is a home that delivers both the character buyers seek in Brooklyn and the sophistication expected from a truly elevated residence. Residence 5I: 13-foot ceilings Unobstructed Views That Will Remain Unobstructed Gut Renovated- Brand New Residence Luxuriously Appointed Chef's Kitchen Pre-Sale Inspection Conducted By Gotham Inspection Private balcony Open skyline exposure- that will remain unobstructed Oversized loft proportions Large primary sleeping area Flexible living and work-from-home configuration ## Property Details - **Property Type**: Condominium - **Beds**: 1 - **Baths**: 1 - **Rooms**: 4 - **Sqft**: 1,182 sqft - **Stories**: 5 - **Year Built**: 1947 - **Price per Sqft**: $1,100 - **Common Charges**: $1,307 / Monthly - **Monthly Taxes**: $516 / mo - **Listed On**: Sep 10, 2026 - **Days on Market**: 2 Days ### Residence Features - Central Air - See Remarks - Building Roof Deck - Private Outdoor Space Under 60 Sqft - Breakfast Bar - Built-in Features - Chandelier - Granite Counters - High Ceilings - Pantry - Recessed Lighting - Soaking Tub - Dryer - Dishwasher - Gas Cooktop - Gas Oven - Refrigerator - Stainless Steel Appliance(s) - Washer - Hardwood - Double Pane Windows - City Lights - City - Panoramic ## Buying in a new development? Before you visit the sales gallery, understand the broker registration rule. In many buildings the sponsor will only compensate a buyer’s broker who accompanied you on your first visit or registered you in writing beforehand. The sales team you meet at the door works for the developer, and once you have toured on your own that introduction is very hard to undo. [Why You Need Your Own Broker Before Your First Visit](https://realestaterebatesnewyork.com/guides/new-development-buyer-broker-nyc) ## 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. | 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. ### 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. | 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) | 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. [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 5I Review the recorded listing activity for 689 Myrtle Avenue, Unit 5I, including asking-price changes and prior market dates. - **Last sold (recorded)**: $1,100,000 on July 14, 2021 | Date | Price | Listing event | | --- | --- | --- | | July 14, 2021 | $1,100,000 | Sold — recorded sale price | | June 25, 2021 | $1,100,000 | Asking price increased by $105,000, or 10.6% | | May 6, 2021 | $1,100,000 | Entered contract | | April 14, 2021 | $995,000 | Listed for sale by The Corcoran Group | ## About The Building ### Chocolate Factory 689 MYRTLE Avenue, Brooklyn, NY 11205 A building in the neighborhood, currently featuring 4 active listings. - **Year Built**: 1947 - **Total Units**: 4 - **Floors**: 5 [View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/chocolate-factory) ### Available Residences — For Sale (4) | Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [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 | 1 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 | 168 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 | 64 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 | 37 days | ## Estimated Monthly Payment **$8,397 / month**, assuming a 20% down payment ($260,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $6,574 - **Property Taxes**: $516 - **Common Charges**: $1,307 Estimates only. Actual payments may vary. Confirm terms with your lender. ## This is a new development purchase Buying from a sponsor carries closing costs a resale does not. The New York City and New York State transfer taxes are the seller’s in a resale and are passed to the purchaser in most offering plans, and the sponsor’s attorney fee and any working capital contribution sit on top of that. Together they commonly add 2% or more of the purchase price. - [Estimate these costs](https://realestaterebatesnewyork.com/calculators/new-development-closing-cost-calculator) - [What sponsor buyers pay](https://realestaterebatesnewyork.com/new-development-closing-costs-nyc) - [More new developments](https://realestaterebatesnewyork.com/new-developments) ## 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.