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1030 Federal Rd

30 Unit Apartment Building $6,000,000 ($200,000/Unit) 5.38% Cap Rate Brookfield, CT 06804

Apartment Buildings Connecticut Brookfield 1030 Federal Rd, Brookfield, CT 06804

Executive Summary

Tower Realty Corp. is pleased to present the Newbury apartments at 1030 Federal Road, Brookfield CT. Two buildings consisting of 15,804 Sq Ft with 20 Units completely renovated in 2024. The property is approved for 14 additional units, pool, pool house and gym. The building is comprised of 17 one-bedroom and 3 two-bedroom apartments with ample parking. These spacious units have new floors, fresh paint, granite countertops, stainless steel appliances and bright lighting. Parking lot was just paved with stripes. The property is situated in the middle new food emporium.

Attachments

Marketing Brochure

Property Facts

Price $6,000,000 Apartment Style Low Rise
Price Per Unit $200,000 Building Class B
Sale Type Investment Lot Size 4.55 AC
Cap Rate 5.38% Building Size 16,964 SF
No. Units 30 No. Stories 2
Property Type Multifamily Year Built 2023
Property Subtype Apartment
Price $6,000,000
Price Per Unit $200,000
Sale Type Investment
Cap Rate 5.38%
No. Units 30
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class B
Lot Size 4.55 AC
Building Size 16,964 SF
No. Stories 2
Year Built 2023

Unit Amenities

  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower

Site Amenities

  • 24 Hour Access
  • Smoke Detector
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PROPERTY TAXES

Parcel Number BROO-000004C-000000-000010 Improvements Assessment $806,360
Land Assessment $667,220 Total Assessment $1,473,580

PROPERTY TAXES

Parcel Number
BROO-000004C-000000-000010
Land Assessment
$667,220
Improvements Assessment
$806,360
Total Assessment
$1,473,580
(203) 775-5000

  • Listing ID: 32323131

  • Date on Market: 7/2/2024

  • Last Updated:

  • Address: 1030 Federal Rd, Brookfield, CT 06804

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1030 Federal Rd
(203) 775-5000 x

1030 Federal Rd

1/4

Mick Consalvo

(203) 775-5000

(203) 775-5000

Michael Dimyan

(203) 948-2891

(203) 948-2891

Joe Dimyan

(203) 775-5000

(203) 775-5000

Thomas Consalvo

(203) 482-5792

x101

(203) 482-5792 x101

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