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Welcome to 689 Myrtle Ave, Unit 2E - an opportunity to own a piece of Brooklyn history in one the neighborhood's most iconic conversions. Originally built in 1947 as the Cocoline Chocolate Factory and transformed into a boutique condominium in 2003, The Chocolate Factory offers an authentic loft living experience that seamlessly blends industrial heritage with contemporary comfort.
Spanning approximately 1000 square feet, this dramatic studio loft captivates from the moment you enter. Nearly 13-foot ceilings create an inspiring sense of volume, whilst huge south-facing windows bathe the space in natural light and beautifully frame views of each season, blossoms in spring, lush green in summer and a snowy wonderland in winter. The open 20x 20 foot living and dining area provides a versatile canvas for entertaining, working or simply unwinding. Freshly sanded and stained floors add warmth and a clean, modern foundation to the space. The open kitchen bridges the living and sleeping area, offering generous counter space and an ideal layout for hosting, be it intimate dinners or larger gatherings.
The distinctive lofted sleeping area is quintessentially Brooklyn and can easily accommodate a king-sized bed. Here you can create a private retreat without sacrificing the loft's open, airy feel.
2E has plenty of storage space, central air and of course, the coveted in-unit washer/dryer!
The Chocolate Factory stands apart as the first building in Brooklyn to feature a green roof; a serene 5, 000sq ft landscaped oasis with native plantings and breathtaking 360-degree views of the Manhattan skyline and Brooklyn. Residents also enjoy a glass enclosed rooftop gym, bike storage and the convenience of Verizon FIOS.
Positioned at the crossroads of Bedford-Stuyvesant and Clinton Hill, The Chocolate Factory is surrounded by neighborhood favorites including Brooklyn Kolache, Rustik Tavern, Speedy Romeo, Peaches, and Stone Fruit.
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.
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Our Executive Mortgage Banker:
$829,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $663,200 | $663,200 | $663,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 6.125% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.117% | 6.223% | 6.058% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,714 | $4,030 | $5,552 |
| Total Monthly Payment | $3,806 | $4,122 | $5,644 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.