NOT LISTED FOR SALE

689 Myrtle Ave Unit 2C Brooklyn, NY 11205

Bed-Stuy Neighborhood

Estimated Value: $698,903 - $935,000

1 Bed
1 Bath
862 Sq Ft
$546/ mo HOA Fee

Last Sold August 25, 2020

Last sale price $759,000 $881 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $5,386/month

28 Days on Market

About This Home

As of August 2020

Imagine the plants you could grow if you had 140 square feet of windows and the morning sun beaming in to your quintessential New York loft apartment! Hone your green thumb in this sunny wide-open space. The Chocolate Factory was built in 1947 and converted to condos in 2003 introducing Brooklyn?s first green roof--a unique 5000 sq. ft. tranquil garden space with panoramic views of Manhattan and Brooklyn plus a rooftop atrium gym, giving you everything you need right at home. Maintaining incredible 13' ceilings, magnificent pillars and industrial duct work this building truly epitomizes loft living. This expansive open plan loft has ample room for designated lounging, dining and entertaining as well as space for a home office. In fact, there's enough room to roller skate!! The open plan kitchen has plenty of cabinets and a granite counter top and bar that easily seats four. An incredible wall of custom shelving could accommodate even the biggest vinyl or book collection. A short flight of steps leads up to a queen sized bedroom with more custom shelving illuminated by a stylish light well, and is isolated from the main space by sliding glass doors. Underneath the bedroom is 100+ square feet of storage or flex space complete with Metro shelving. (The 80+ sq ft is in addition to the loft's 862 sq ft) The spacious bathroom features an oversized jacuzzi tub to relax in at the end of the day and includes an in-unit washer and dryer making laundry a breeze. The entrance hallway has another oversized closet and a super functional nook for coats and shoes. The dramatic ceiling height has been put to good use with two ceiling mounted bike lifts.
There's plenty of room in the loft for even the biggest furniture and the building's large capacity elevator makes for effortless moving in, visiting the roof deck or storing your bike in the bike room. There's 24/7 video security and high speed Verizon Fios internet included in the building's low common charges. Wifi is also available to all residents on the roof if you prefer to work outside. The building just completed a facade renovation which will last for years to come. Right on the border of Bed Stuy and Clinton Hill, the bar and restaurant options abound. Pratt campus and the shops and cafes on Myrtle Avenue are a short stroll away as is Herbert Von King Park and the Kosciuszko pool. Also conveniently located in the vicinity is Fort Greene Park, Wegmans and the Brooklyn Navy Yard. The G train is 2 blocks away. Bike lanes and CitiBike stations are also all at your door. You came to New York to live in a loft! Come and get it! (OH by appointment only!! Please reach out!!)

Last Agent to Sell the Property

Emma James

Corcoran Group License #10401293345 Listed on: 06/29/2020

Corcoran Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,620

Year Built

  • Built in 1947

HOA Fees

  • $546 Monthly HOA Fees

Home Design

  • 862 Sq Ft Home
  • Entry on the 2nd floor

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Additional Features

  • East Facing Home
  • Central Air

Community Details

  • 45 Units
  • Chocolate Factory Condos
  • Bedford Stuyvesant Subdivision
  • 5-Story Property

Listing and Financial Details

  • Tax Block 1734

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,620

Year Built

Built in 1947

Lot Details

0 Sq Ft Lot

HOA Fees

$546 per month

Listing Details

  • Cross Street: BEDFORD AVENUE and SPENCER STREET
  • Exposures: East
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Bedford - Stuyvesant
  • Entry Level: 2
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 5

Interior Features

  • Appliances: Dryer, Washer
  • Living Area: 862.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1
  • Bedrooms: 1

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 546.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

Lot Info

  • Lot Size Dimensions: 107.0 x 100.0

Building Info

  • New Construction: No
  • Building Name: Chocolate Factory
  • Units: 45
  • Total Stories: 5
  • Year Built: 1947

Tax Info

  • Tax Block: 1734
  • Tax Annual: 4620.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2020
Closed on
Aug 25, 2020
Sold by
Dubbin Marvin and Dubbin Melissa
Bought by
Sloman Celeste M
Seller's Agent
Emma James
Corcoran Group
List Price
$759,000
Sold Price
$759,000
Current Estimated Value
$830,476

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,476
Avg. Annual Appreciation
1.63%
Original Mortgage
$499,000
Outstanding Balance
$442,648
Interest Rate
3%
Mortgage Type
Unknown
Estimated Equity
$387,828

Purchase Details

Closed on
Jul 18, 2003
Sold by
Chocolate Factory Condominium
Bought by
Dibbin Marvin H and Dubbin Melissa J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Sloman Celeste M $759,000 --
Dibbin Marvin H $228,150 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sloman Celeste M $499,000
Previous Owner Dibbin Marvin H $180,000
Closed Dibbin Marvin H $22,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/25/2020 08/25/20 Sold $759,000 0.0% $881 / Sq Ft
07/10/2020 07/10/20 Pending -- -- --
06/11/2020 06/11/20 For Sale $759,000 -- $881 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,226 $53,415 $2,508 $50,907
2024 $6,226 $55,273 $2,508 $52,765
2023 $4,996 $49,862 $2,508 $47,354
2022 $4,752 $47,075 $2,508 $44,567
2021 $4,783 $47,261 $2,508 $44,753
2020 $2,150 $53,632 $2,508 $51,124
2019 $4,061 $53,114 $2,508 $50,606
2018 $4,488 $51,255 $2,508 $48,747
2017 $4,157 $39,186 $2,508 $36,678
2016 $3,843 $35,734 $2,508 $33,226
2015 $1,755 $32,336 $2,509 $29,827
2014 $1,755 $29,603 $2,508 $27,095
Source: Public Records

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10642788

Real Estate Board of New York (REBNY)

APN: 01734-1112

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