Properties

Property Description

Don’t miss this Brooklyn neighborhood opportunity with Brass City Apartments Portfolio. Consisting of 44 units, in two locations less than 0.25 miles from one another. The portfolio is comprised of a total of six (6) buildings. There are four (4) contiguous properties on the corner of Bank St and Washington Ave for a total of 32 units and (2) adjacent buildings on Congress Ave with an additional 12 units. The portfolio offers a diverse unit mix of (5) studios, (26) one-bedroom, (4) two-bedroom and (9) three-bed apartments. All properties offer nicely renovated units, featuring improved and tasteful finishes including updated kitchens and bathrooms, modern flooring, and other in-unit improvements throughout most apartments. Many units have been turned, providing an investor with a strong combination of current cash flow and continued upside through ongoing rental increases. Each location features coin operated laundry and off street parking. This is a rare opportunity to acquire scale in Waterbury’s Brooklyn neighborhood with well-maintained assets and proven rental demand.

Features
Heating System:
Baseboard, Hot Water
Cooling System:
Window Unit
Basement:
Full, Unfinished
Driveway Type:
Paved
Foundation Type:
Masonry, Stone
Heat Fuel Type:
Natural Gas
Exterior Features:
Porch, Gutters, Lighting, Sidewalk
Exterior Siding:
Brick
Fireplaces Total:
0
Parking Total Spaces:
40
Hot Water Description:
Electric, Natural Gas, Tank Size Unknown
Lot Description:
Level Lot, Corner Lot
Water Source:
Public Water Connected
Address Map
Street:
Bank
Street Number:
985
Floor Number:
0
Longitude:
W74° 55′ 26.6”
Latitude:
N41° 33′ 10.4”
MLS Addon
Office Name:
Oxford Realty
Agent Name:
Amanda Faroni-Sheehan
List Agent MLSID:
FARONIAM
List Office MLSID:
13737
Tax Year:
July 2025-June 2026
Directions:
4 buildings on the corner of Washington & Bank + 2 properties on Congress Ave
Elementary School:
Per Board of Ed
High School:
Per Board of Ed
HOA Fee Amount:
$0
Parcel Number:
1390158
Property Tax:
$31,165
Zoning:
RH

Multi-family For Sale

985 Bank, Waterbury, 06708

3 Bedrooms
1 Bathrooms
10,052 Sqft
$4,500,000
Listing ID #24150336
Basic Details
Property Type :
Multi-family For Sale
Listing Type :
For Sale
Listing ID :
24150336
Price :
$4,500,000
Bedrooms :
3
Baths Total :
1
Bathrooms :
1
Half Bathrooms :
0
Square Footage :
10,052 Sqft
Year Built :
1920
Lot Area :
0.17 Acre
City:
Waterbury
Zipcode:
06708
Property Sub Type :
5 Family+
Style :
Units on different Floors,Units are Side-by-Side
Agent info
RE/MAX Right Choice
43 South Main Street, Newtown CT 06470
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