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
- Foundation Type:
- Masonry, Stone
- Heat Fuel Type:
- Natural Gas, Electric
- Exterior Features:
- Gutters, Lighting, Sidewalk
- Flooring:
- Vinyl, Wall-to-wall Carpet, Wood, Tile
- Fireplaces Total:
- 0
- Parking Total Spaces:
- 40
- Location:
- Highway Access, Downtown
- 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
- HOA Fee Amount:
- $0
- Parcel Number:
- 1390158
- Property Tax:
- $31,165
- Zoning:
- RH
Commercial For Sale
985 Bank, Waterbury, 06708
0 Bedrooms
44 Bathrooms
32,049 Sqft
$4,500,000
Listing ID #24150354
Basic Details
- Property Type :
- Commercial For Sale
- Listing Type :
- For Sale
- Listing ID :
- 24150354
- Price :
- $4,500,000
- Bedrooms :
- 0
- Baths Total :
- 44
- Bathrooms :
- 44
- Half Bathrooms :
- 0
- Square Footage :
- 32,049 Sqft
- Year Built :
- 1920
- Lot Area :
- 0.17 Acre
- City:
- Waterbury
- Zipcode:
- 06708
Agent info
RE/MAX Right Choice
43 South Main Street, Newtown CT 06470
- Ben Keeney
- View website
- 203-313-0013
- 866-886-0013
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