Sales launch at The Candy Factory, bittersweet condo conversion of Clinton Hill haven for artists

By CityRealty Staff | From Future New York Today, March 19, 2026

The Candy Factory (Compass) | https://www.cityrealty.com/nyc/clinton-hill/the-candy-factory-124-washington-avenue/193796

Sales have just launched at The Candy Factory, a boutique condominium at 124 Washington Avenue in Clinton Hill named in honor of the purpose for which it was originally built. The first public availabilities start at $1.073 million for one-bedrooms and $1.958 million for three-bedrooms.

The Candy Factory's developer is listed on permits as New York-based developer Roei Paz, whose portfolio includes 111 Noble Street in Greenpoint and 735 Lafayette Avenue in Bedford-Stuyvesant. RSLN Architecture PLLC is the architect of record for the conversion, which created 15 residences across nine unique layouts.

Between its time as a candy factory and its new chapter as a condominium, 124 Washington Avenue enjoyed a rich artistic history. In 1979, real estate agent Ann Ballentine bought the building and rented studios to painters, sculptors, musicians, designers, and filmmakers. Through the decades, she charged fair rents, refused to pass increased taxes on to her tenants, and acted as "part landlady, part fairy godmother," as The New Yorker put it in The Candy Factory, an award-winning short film about the creative community that thrived in the building for decades. Following her death in 2023, public records show that her estate sold the building for $7.7 million in January 2025.

In The Candy Factory, filmmakers interviewed residents in expansive lofts with high wood ceilings, whitewashed brick walls, and windows that fill the space with light. These original materials look to have been cruelly stripped away in characterless interior renderings, but open-concept layouts and oversized windows remain.

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However, decrepit-looking sinks could also be seen in the documentary. Kitchens in The Candy Factory show a marked improvement with custom cabinetry and premium appliances by Bosch and Bertazzoni. Interior renderings also depict sleek, stylish primary baths in apartments that now offer generous closet space and in-unit Electrolux washer and dryers.

The Candy Factory, #2C
$1,958,000

Clinton Hill | Condominium | 3 Bedrooms, 2 Baths | 1,152 ft²

The Candy Factory, #2C (Compass)

From the Listing: Residence 2C is an expansive two-bedroom, two-bathroom home with the flexibility to be configured as a three-bedroom layout, offering a versatile design suited to a variety of living arrangements. Soaring 11-foot ceilings enhance the sense of scale throughout the home. The living area is lined with an abundance of windows that fill the space with beautiful natural light throughout the day, creating a bright and airy atmosphere. See floor plan and full details here.

The Candy Factory, #2B
$1,073,000

Clinton Hill | Condominium | 1 Bedroom, 1 Bath | 740 ft²

The Candy Factory, #2B (Compass)

From the Listing: Residence 2B is a thoughtfully designed one-bedroom, one-bathroom home defined by its expansive living and dining area, offering a generous layout ideal for both everyday living and entertaining. The open-concept design creates a seamless flow between spaces, allowing the living and dining areas to function as the central gathering point of the home. See floor plan and full details here.

Roof terrace

Near the end of The Candy Factory, Ann Ballentine appeared on a roof terrace overlooking the BQE and the Manhattan skyline. As part of the condo conversion, the roof deck was spruced up and had an outdoor kitchen added. Additional amenities include a fitness center, a pet spa, bike storage, and a private courtyard.

The Candy Factory is located in close proximity to Fort Greene Park, Brooklyn Navy Yard, and popular dining on Myrtle Avenue. Nearby transportation options include the Clinton-Washington Avenue G train and the Brooklyn Navy Yard ferry terminal.

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The Candy Factory, #2C
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