689 Myrtle Ave #1C, New York City, NY 11205

Description

NEW PRICE: $875,000 + SELLER-PAID RATE BUYDOWN

Currently set up as a ONE BEDROOM.

An exceptional value for true loft living in Brooklyn. Now offered at $875,000, approximately $716 per square foot, this dramatic 1,222-square-foot duplex at The Chocolate Factory pairs soaring proportions with a flexible layout and an exciting new financing incentive. The seller is offering a mortgage rate buydown for qualified buyers, reducing the effective rate used to calculate payments by 2 percentage points in the first year and 1 percentage point in the second year, subject to lender approval and program terms.

Currently configured as a one-bedroom, this ground-floor loft is defined by 17-foot ceilings that allow for full-height living spaces on both levels and a breathtaking wall of oversized windows that fills the home with natural light. The main level includes a renovated bathroom, in-unit washer/dryer, an oversized hallway closet, open office area, kitchen with granite peninsula, and an expansive living and dining space with walls made for large-scale art or a projection setup.

A spiral staircase leads to the upper level, where you'll find a generously sized sleeping area with a custom walk-in closet. Custom light-diffusing and blackout shades provide flexibility and privacy, while the apartment's setback from the street creates a surprisingly secluded environment. With its volume, scale and open layout, the home lends itself beautifully to creative living, entertaining, working from home, photography, art and more.

Originally built in 1947 and converted to condominiums in 2003, The Chocolate Factory offers a 5,000-square-foot landscaped roof garden with panoramic Manhattan and Brooklyn views, along with a rooftop atrium gym. The building has also recently completed a facade renovation.

Set near the border of Bed-Stuy and Clinton Hill, the home is convenient to Pratt, Myrtle Avenue's shops and restaurants, Herbert Von King Park, Fort Greene Park, Wegmans and the Brooklyn Navy Yard. The G train is approximately two blocks away, with Citi Bike stations and bike lanes also nearby.

Come experience the scale, flexibility and character of true Brooklyn loft living, now at a newly reduced price and with a compelling seller-paid financing incentive.

Seller-paid 2-1 temporary rate buydown is subject to buyer qualification, lender approval, loan program requirements and prevailing interest rates. Terms and availability may vary.