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The Chocolate Factory, 689 Myrtle Avenue, #4I

$825,000 ($698 per ft2) | 2 beds, 2 baths | Approx. 1,182 ft2
Building Profile  | 
20 days on Market

Key Details

  • Listed: Oct 16, 2024
    Days on Market: 20
    Building Type: Condominium
    Neighborhood: Bedford-Stuyvesant (Brooklyn)
Monthly Common Charges: $1,007
Monthly Real Estate Taxes: $774
Total Taxes & Fees: $1,781 ($1.51/ft2)
Est. Monthly Mortgage: $4,373
Total Est. Monthly Carrying Cost: $6,154 ($5.21/ft2)
Note: the above is based on a down payment of 20% ($165,000), which is the minimum amount permitted by the building.

Description

Showings by appointment only and bring your contractor! This home is not ready to be lived-in as-is, but it IS a super unique opportunity to purchase a raw 1200 SF authentic loft space with a private balcony and 13’ ceilings for a great price, and then renovate it to your own individual needs! This rare corner unit has been stripped down to just the studs, concrete floor and exposed concrete columns after a fire a few years ago, and now awaits an enterprising buyer to purchase it as-is and make it the home of their dreams!

The Chocolate Factory is a 1947 former factory converted to condos in 2003 and includes an elevator.

Situated where Clinton Hill, Bed-Stuy and Williamsburg meet, the neighborhood bustles with creative energy. Known for its artistic residents and an awe-inspiring rooftop outdoor space (with a rooftop gym surrounded by glass; panoramic views of Brooklyn, Manhattan, and Queens; and a lush succulent garden), this is a space both tranquil and dramatic where you will find yourself right at home.

Situated on a high floor with incredible light, every dollar you put into this home you will get back, plus even more! Due to the corner orientation that includes massive casement windows on two sides, you can very easily renovate it into a spacious two-bedroom apartment.

With its 13’ soaring ceilings, there is even space to build out an additional loft area, plus 2 full bathrooms, and still enjoy a very capacious living room and kitchen with an easy flow to the private balcony area. It is very rare to find a true industrial loft space that also offers private outdoor space, so you don’t want to miss this one!
Enjoy an elevator to whisk you up to the 4th floor, plus professional management. And if the space and light and opportunity to custom build are not enough enticement, come and visit for the location.

Clinton Hill has become one of Brooklyn’s most dynamic neighborhoods, chock full of fine dining, Pratt Institute, and fantastic amenities in every direction. Easy access to Fort Greene Park, the Navy Yard and the many amenities of Bed-Stuy and Williamsburg within walking distance. Do NOT forget to bring your contractor when you come for your visit to this amazing space!

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Apartment Amenities

  • Balcony
Listing courtesy of Corcoran Group

Pricing History

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About The Chocolate Factory, 689 Myrtle Avenue

57

The Chocolate Factory, 689 Myrtle Avenue has received a CityRealty Rating of 57, based on:

 
Architecture

Anything above 30 is remarkable, from 20-29 is distinguished and from 11-19 is average, while below 11 is below average.

 
Location

Anything above 27 is remarkable, from 18-26 is distinguished and from 9-17 is average, while below 9 is below average.

 
Features

Anything above 22 is remarkable, from 16-21 is distinguished and from 9-15 is average, while below 9 is below average.

Rating Summary

15
Out of 44
+
24
Out of 36
+
10
Out of 39
+
8
=
57
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Attractive 4 out of 8 points
Retail Quality:
None 2 out of 5 points
Canopy Entrance:
No Canopy 1 out of 3 points
Alterations:
Well Done 1 out of 2 points
Plaza Or Atrium:
None 0 out of 3 points
Contextual Design:
No, but OK 1 out of 3 points
Skyline:
Not Visible 0 out of 2 points
Local Visibility:
Highly Visible 2 out of 2 points
Watertank:
Enclosed 1 out of 2 points
Airconditioners:
Allowed and Present 0 out of 2 points
Free Standing:
Corner 1 out of 2 points
Gargoyles:
None 0 out of 2 points
Garden:
None 0 out of 2 points
Fenestration:
Consistent 1 out of 1 points
Landmark:
No 0 out of 2 points
Unity:
Unified Design 1 out of 1 points
Illumination:
None 0 out of 1 points
Water Element:
None 0 out of 1 points

Location Rating: Points Breakdown

Street Ambience:
Average Mix 2 out of 5 points
Distance To Neighborhood Center:
Less than 10 blocks 5 out of 5 points
Views:
Open 2 out of 4 points
Neighborhood Ambience:
Attractive 2 out of 3 points
Traffic Noise:
Some 2 out of 3 points
Protected Views:
Only Top Floors 1 out of 2 points
Distance To Subway:
Less than 3 Short Blocks 2 out of 2 points
Firedepartment Noise:
No Noise 2 out of 2 points
Distance To Supermarket:
Less than 3 Short Blocks 2 out of 2 points
Distance To Park:
More than 6 Short Blocks 0 out of 2 points
Distance To Water:
More than 6 Short Blocks 0 out of 2 points
Shopping:
5 or less Short Blocks 2 out of 2 points
Schools:
No Noise 1 out of 1 points
Noise From Nightlife:
None 1 out of 1 points

Features Rating: Points Breakdown

Lobby:
Quite Stylish 3 out of 5 points
Units Per Floor:
10-15 1 out of 5 points
Ceiling:
9-11 Feet 2 out of 4 points
Balconies:
None 0 out of 3 points
Health Club:
Yes 1 out of 2 points
Private Gardens:
Yes, but Small 1 out of 2 points
Storage Rooms:
Minimal 1 out of 2 points
Bay Windows:
None 0 out of 1 points
Fireplaces:
None 0 out of 1 points
Door Person:
None 0 out of 1 points
Concierge:
None 0 out of 1 points
Elevator Person:
None 0 out of 1 points
Recreational Roof:
Yes 1 out of 1 points
Driveway:
None 0 out of 1 points
Maids Room:
None 0 out of 1 points
Catering:
None 0 out of 1 points
Garage:
None 0 out of 1 points
Mixed Use:
No 0 out of 1 points
Non Rectilinear Form:
No 0 out of 1 points
Unusual Layouts:
No 0 out of 1 points
Prewar:
No 0 out of 1 points
Other Amenities:
None 0 out of 2 points

Building Amenities

  • Conversion Year: 2006
  • Pre War
  • Garden
  • Rooftop Terrace
  • Video Intercom
  • Elevator
  • Fitness Center
  • Outdoor Entertainment Space
  • In-Unit Washer/Dryer
  • Bike Room

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Pros
  • Roof deck
  • Fitness center
  • Bicycle room
  • Garden
  • Video intercom
Cons
  • No concierge
  • No doorman
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Subways

  1. G
at Marcy Ave and Myrtle Ave 0.33 miles

Other Apartments Available in this Building (2)

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