NOT LISTED FOR SALE

689 Myrtle Ave Unit 5A Brooklyn, NY 11205

Bed-Stuy Neighborhood

Estimated Value: $773,000 - $1,020,000

1 Bed
1 Bath
950 Sq Ft
$422/mo HOA Fee

Last Sold January 22, 2014

Current estimated payment $5,599/month

82 Days on Market

About This Home

As of January 2014

*NEW* FHA Approved with an APPROVED 421A 10 Year Tax Abatement that started in October 2012! This 13ft condo loft can be used as a 1 bedroom and is for Sale at The Chocolate Factory. This apartment boasts a unique layout with tons of LIGHT. Walk in closets, storage under the loft, and a kitchen with stainless steel appliances are some of the amenities. This condo loft has one of Brooklyns ONLY green roof decks with actual crickets and butterflies! A glass enclosed ROOF DECK GYM with Manhattan (Freedom Tower & Empire State Building) and Brooklyn skylines can be reserved for events. Other amenities include a jacuzzi, central air conditioning and heat, a washer and dryer, oversized windows, hard wood floors, granite countertops, and storage galore make this loft a value not to be missed. The G train to Myrtle-Willoughby is 2 and a half blocks away and buses surround the building to get you to the A, C, F, Q, N, R, 2, 3, 4, 5, J, M, Z within 10 minutes. Fresh Direct, many organic/health food stores, and restaurants deliver to the building along with many other conveniences. Your apartment is near the YMCA, Fort Greene Park, the post office, grocery stores, Duane Reade, Home Depot, and parking garages. A new grocery store and Zipcar garage are right across the street! You are only a few stops from the new Barclays Center, home of the Brooklyn Nets! Apartment Features: East exposure, North exposure, Partial skyline view, Floors - hardwood, Light - excellent, Windows - oversized, Modern kitchen, Storage space, Walk in closets, Washer/dryer, Dishwasher Building Features: Roof deck, Exercise room, Video security, Cable TV ready, High speed internet, Water

Last Agent to Sell the Property

Tonya Canady

Serhant License #30CA0961614 Listed on: 10/02/2013

Serhant

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,256

Year Built

  • Built in 1947

HOA Fees

  • $422 Monthly HOA Fees

Home Design

  • 950 Sq Ft Home

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

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

$2,256

Year Built

Built in 1947

Lot Details

0

HOA Fees

$422 per month

Listing Details

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

Interior Features

  • Living Area: 950.0
  • Living Area Units: Square Feet

Beds/Baths

  • Bathrooms Integer: 1
  • Bedrooms: 1

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 422.0
  • 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: 2256.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2013
Closed on
Jan 21, 2014
Sold by
Tong Kim Wah Eric
Bought by
Sell Marian
Seller's Agent
Tonya Canady
Serhant
List Price
$549,000
Current Estimated Value
$869,572

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Outstanding Balance
$314,847
Interest Rate
4.47%
Mortgage Type
New Conventional
Estimated Equity
$554,725

Purchase Details

Closed on
Apr 30, 2004
Sold by
Chocolate Partners Llc
Bought by
Tong Kim Wah Eric
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Sell Marian $560,000 --
Tong Kim Wah Eric $331,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sell Marian $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/22/2014 01/22/14 Sold -- -- --
12/23/2013 12/23/13 Pending -- -- --
10/02/2013 10/02/13 For Sale $549,000 -- $578 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

Source: Public Records

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 $7,886 $70,142 $3,294 $66,848
2024 $7,886 $72,582 $3,294 $69,288
2023 $6,326 $65,476 $3,294 $62,182
2022 $6,000 $61,817 $3,294 $58,523
2021 $6,041 $62,060 $3,294 $58,766
2020 $2,860 $70,427 $3,294 $67,133
2019 $5,409 $69,745 $3,294 $66,451
2018 $5,987 $67,306 $3,294 $64,012
2017 $5,527 $51,458 $3,294 $48,164
2016 $5,142 $46,924 $3,294 $43,630
2015 $2,591 $42,461 $3,293 $39,168
2014 $2,591 $38,873 $3,294 $35,579
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10409247

Real Estate Board of New York (REBNY)

APN: 01734-1137