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1030 Federal Rd

30 Unit Block of Flats £4,740,060 (£158,002/Unit) 5.38% Net Initial Yield 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 £4,740,060 Apartment Style Low Rise
Price Per Unit £158,002 Building Class B
Sale Type Investment Lot Size 4.55 AC
Net Initial Yield 5.38% Building Size 16,964 SF
No. Units 30 Number of Floors 2
Property Type Residential Year Built 2023
Property Subtype Apartment
Price £4,740,060
Price Per Unit £158,002
Sale Type Investment
Net Initial Yield 5.38%
No. Units 30
Property Type Residential
Property Subtype Apartment
Apartment Style Low Rise
Building Class B
Lot Size 4.55 AC
Building Size 16,964 SF
Number of Floors 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 £637,032
Land Assessment £527,110 Total Assessment £1,164,143

PROPERTY TAXES

Parcel Number
BROO-000004C-000000-000010
Land Assessment
£527,110
Improvements Assessment
£637,032
Total Assessment
£1,164,143
(203) 775-5000

  • Listing ID: 32323131

  • Date on Market: 02/07/2024

  • Last Updated:

  • Address: 1030 Federal Rd, Brookfield, CT 06804

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© 2024 CoStar Group

1030 Federal Rd
(203) 775-5000 x

1030 Federal Rd

1/4

Mick Consalvo

(203) 775-5000

(203) 775-5000

Michael Dimyan

(203) 775-5000

(203) 775-5000

Joe Dimyan

(203) 775-5000

(203) 775-5000

Thomas Consalvo

(203) 482-5792

x101

(203) 482-5792 x101

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