15 days on rocket

689 Myrtle Ave Unit 4I, New York City, NY, 11205

$825,000

Home List Price

$9,797*

Closing Credit

2 Bedrooms
2 Full Baths
1,182 SqFt
$698/SqFt
Condo

Location

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689 Myrtle Ave Unit 4I, New York$825,000

Buyer Closing Credits

$9,797*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Year Built1947
ViewCity
MLS #RPLU-33423218150
StatusActive

About 689 Myrtle Ave Unit 4I

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!<br><br>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.<br><br>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!<br>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!<br>

Property Details

Property Features

Property Information:

  • Architectural Style: Walk-Up
  • Year Built: 1947
  • Living Area: 1,182 SqFt

Listing Office:

  • Office Name: Corcoran Group
  • Office Phone: (212) 355-3550
  • Listing Agent: Deborah Rieders
  • Agent Phone: (917) 494-2503

Interior Features

Interior Information:

  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • View: City
  • Exterior: Balcony, Building Roof Deck

Price Information

Listing Price Info

Price Summary:

  • List Price: $825,000
  • Price Per SqFt: $698/SqFt

HOA Fees:

  • Amount: $1007
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in New York, NY.

Med. Sold Price

$856.1K

Med. Price/SqFt

$645

Avg. Days On Market

84

# of Sold Homes

1952

689 Myrtle Ave Unit 4I vs New York

15 DAYS ON ROCKET

-69 Days

$825,000

-$31.1K Less

$698/SqFt

+$53 More

KEY TAKEAWAY

This property is $31.1K less than the Median Sold Price and $53/SqFt more than other homes in New York, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: REBNY
  • MLS Number: #RPLU-33423218150

Listing Office:

  • Office Name: Corcoran Group
  • Office Phone: (212) 355-3550
  • Listing Agent: Deborah Rieders
  • Agent Phone: (917) 494-2503

IDX ©2024 The Real Estate Board of New York, Inc., All rights reserved. Website powered by IHR Technology Services.

Listing information for certain New York City properties provided courtesy of the Real Estate Board ofNew York’s Residential Listing Service (the “RLS”). The information contained in this listing has not beenverified by the RLS and should be verified by the consumer. The listing information provided here is forthe consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property.

This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 11/16/2024, 1:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$5,192

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,540

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-42489
3
/10
  • P.S. 54 Samuel C. Barnes School

  • 195 Sandford St

  • 0.20 miles

  • Public Magnet Grades PK-5

school-card-donut-42490
6
/10
  • P.S. 23 Carter G. Woodson School

  • 545 Willoughby Ave

  • 0.40 miles

  • Public District Grades KG-5

school-card-donut-42491
6
/10
  • Brooklyn Charter School (The)

  • 545 Willoughby Ave

  • 0.42 miles

  • Public Charter Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $51,000. Most New York, NY residents have annual incomes less than $35k. Most families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 689 Myrtle Ave Unit 4I

What is the listing price of this property?

The listing price of 689 Myrtle Ave Unit 4I property is $825,000.

What type of property is this?

The property 689 Myrtle Ave Unit 4I is a condo located in New York City, New York, 11205.

Is this property for sale now?

Active Listing: 689 Myrtle Ave Unit 4I is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 689 Myrtle Ave Unit 4I has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 689 Myrtle Ave Unit 4I is 1,182 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 689 Myrtle Ave Unit 4I is 1947.

Rocket HomesNew YorkKings CountyNew York11205689 Myrtle Ave Unit 4I

This home is located at 689 Myrtle Ave Unit 4I in New York City, NY and zip code 11205 in the Bedford neighborhood. This 1,182 square foot home was built in 1947. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 31, 2024 and is currently priced at $825,000.

New York, NY housing market in October 2024 saw over 269 listings sold above listed price, more than 850 sold at listed price and over 833 sold below. The inventory of homes for sale in New York, NY between September 2024 and October 2024 increased by 1.8%. In October 2024 median list price was $856,124 and the average listing age was 84 days.

From Rocket Homes Real Estate and based on county public records data.

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