Bedford-Stuyvesant has quite the mix of housing stock, from prewar brownstones to brand new buildings at a variety of price points. But what if you want the best of both worlds? Those looking for an industrial, vintage-chic space that boasts modern upgrades can end their search here — just take a look at 689 Myrtle Ave. #3B. Our Deal of the Week is a 2-bedroom loft-like apartment in a full-service building on the border of Bed-Stuy and Clinton Hill.
Get to know our Deal of the Week.
The price: $799,000
The median asking price for a home in Bedford-Stuyvesant was $1.4 million this February, according to the StreetEasy Data Dashboard. That means our Deal of the Week is priced a bit above half the median asking price for the neighborhood!
Buyers who put down a 20% down payment of $159,800 can expect to see monthly payments of $5,926. This includes a mortgage payment of $4,415, common charges of $1,055, and taxes of $456.
Why you’ll love it…
This unit combines 13-foot ceilings with hardwood floors, exposed pipes, and metal finishes for a loft-like look. You’ll enter the unit through an entryway with a bathroom and spacious walk-in closet for ample storage space. Next to the bathroom is another closet that houses the washer/dryer — no schlepping up and down to the laundry room here. And to top it all off, the unit has central A/C and heat.
The open, L-shaped kitchen features plentiful cabinet space and a full suite of stainless steel appliances, including a mounted microwave, full-size fridge and oven, and dishwasher! There’s also space for an island to add additional prep room. The L-shaped peninsula provides space for three barstools, creating the perfect spot to entertain, dine, or work.
The entire unit is drenched in light thanks to the full wall of southeast-facing windows in the living area. You can easily fit bookcases, sofas, or a sectional in the living area, too. While the kitchen and living area don’t have anything above them (except the 13-foot ceilings!), the rest of the unit is thoughtfully divided via a loft platform. The bottom portion houses the first bedroom, as well as a perfectly sized dining area across from the kitchen.
Up the flight of wood and metal stairs (which double as a bookcase!) you’ll find the second sleeping area, and not one but two office spaces. The second office space could be reconfigured as a storage alcove or reading nook, but having the option for two dedicated workstations offers lots of flexibility.
This unit is located inside The Chocolate Factory, a 45-unit building complete with 24/7 video security, a smart intercom, and bike storage. Not only does the building have a green, landscaped roof deck, but it also includes a glass-enclosed rooftop gym. Where else can you gaze out at the Empire State Building while getting your reps in? Location-wise, it’s situated near the G at Myrtle and Willoughby and tons of great restaurants and bars on Myrtle Avenue and the surrounding streets. Fort Greene Park is just about a mile away.
…And why you might not
There are limited train options with only the G nearby, but the B44, B54, and B48 buses all have stops in the immediate vicinity. The bedroom on the ground floor underneath the loft doesn’t have a window or a true closet, so the use of the word “bedroom” is a bit liberal here. But if you’re looking for a flexible space with tons of character and modern amenities, be sure to take a look at this one!
Check out the listing at 689 Myrtle Ave. #3B, listed by Tonya Canady of SERHANT.
Thinking about buying in NYC? Chat with our complimentary, licensed Concierge to learn about the buying process.
