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    Renovated Apartments with Expansion Potential
    Updated: Jul 4, 2024
    Renovated Apartments with Expansion Potential

    1030 Federal Rd, Brookfield, CT 06804

    Contact for pricing
    15,804 sqft
    Completely renovated in 2024, featuring new flooring, fresh paint, granite countertops, stainless steel appliances, and updated lighting.
    Approved development of 15 additional one‑bedroom apartments, providing a significant opportunity to increase rental income and property value.
    Plans for a pool, pool house, and fitness area, enhancing resident amenities.
    Ample on‑site parking for residents, with a recently paved and striped parking lot.
    Ideally located along Federal Road (Route 7) near the Four Corners area of Brookfield, offering convenient access to retail, restaurants, and daily amenities.
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 1 Active listings in Brookfield, CT, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Historic 14-Unit Multifamily Lofts
    Historic 14-Unit Multifamily Lofts

    29 West Street, New Milford, CT 06776

    Contact for pricing
    17,056 sqft

    Fourteen residential units with loft-style interiors, electric heat pumps, and in-unit washer/dryers in most homes.

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    Mixed-Use Investment Opportunity
    Mixed-Use Investment Opportunity

    529-533 Route 52, Carmel, NY 10512

    Contact for pricing

    Mixed-use property with income and value creation potential.

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    5-Unit Apartment Building
    5-Unit Apartment Building

    16 Anna Ct, Carmel, NY 10512

    Contact for pricing

    Apartment property with a 2021 roof, garage space, driveway parking, and additional storage.

    View details
    36-Unit Apartment Community
    36-Unit Apartment Community

    45 Fort Hill Rd, New Milford, CT 06776

    Contact for pricing

    36 market-rate apartments in three buildings with 76 parking spaces, including 36 covered tenant-reserved spaces.

    View details

    Off-Market Properties in Brookfield, CT

    Consider similar Off-Market properties in Brookfield, CT. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    20 Sta Rd
    APARTMENT HOUSE (5+ UNITS)

    20 Sta Rd, Brookfield, CT 06804-1051

    $210,000
    Estimated value
    3,915 sqft 2.31 AC lot
    View details
    1030 Federal Rd
    APARTMENT HOUSE (5+ UNITS)

    1030 Federal Rd, Brookfield, CT 06804-1160

    $420,000
    Estimated value
    4.47 AC lot
    View details
    26 Hillandale Rd
    APARTMENT HOUSE (UNDER 5 UNITS)

    26 Hillandale Rd, Brookfield, CT 06804-1356

    $295,000
    Estimated value
    3,640 sqft 8.31 AC lot
    View details

    Brookfield, CT Apartment Buildings Market Trends and Statistics

    Explore 4 apartment buildings for sale in Brookfield, CT on our real estate platform. These investment opportunities span a total of 15,804 square feet of properties for sale.

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    Demographics Overview

    Population 18K
    Population Growth (5Y) +3.4%
    Median Household Income $142,826
    College Educated 75.7%

    Taxes & Financing

    Tax Rate (average for all types) 2.69%
    Property Tax per SF $29.15 per SF
    Tax Rate vs County Average 0.27 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Fairfield County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Fairfield County

    Office

    Property Size Breakdown

    The majority of commercial real estate listings in Brookfield fall within the 100,000+ square foot range.

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