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Historic 14-Unit Multifamily Lofts
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29 West Street, New Milford, CT 06776

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

Property Size17,056 SF
Price / SF$205.21
Days on Market9

Property Features for 29 West Street

General Information

Standard status Active
Size 17,056 SF
Property subtype Multifamily

Additional Details

Clear Height 9 ft
Multifamily Units 14

Amenities

in-unit washer/dryers
coin-operated laundry facility

Building Details

Year Built 2005
Tenancy Multi
Listing Agency: NorthEast Private Client Group Shelton
Listed By: Jake Jordan · License #NA
Source: Crexi
Added: Jul 22 Changed: Jul 25 Last Checked: Jul 28 at 3:17PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NorthEast Private Client Group Shelton

Investment Insights

Based on property information with market context.

The Granary is a 14-unit multifamily property offering a mix of seven one-bedroom units, five two-bedroom units, and two two-bedroom townhome units. Interiors are described as loft-style, featuring exposed beams and nine-foot ceilings. The property is heated and cooled by efficient electric heat pumps, with heat, air conditioning, and hot water on separately metered, tenant-paid electric service; water is sub-metered and tenant-paid as well. Twelve of the fourteen units include in-unit washer/dryers, and the remaining units are supported by a coin-operated laundry facility in the basement.

Located at 29 West Street in New Milford, Connecticut, the property was originally built as the Turney Soule granary complex in the 1800s and redeveloped into residential lofts. The listing also notes that new tax assessments will be effective July 1, 2026, providing updated tax basis certainty for buyers.

As an architecturally distinct, boutique-scale multifamily asset, The Granary combines historic construction character with streamlined utility metering designed to shift utility responsibility to tenants.

Key Highlights

  • 14‑unit multifamily property in New Milford, CT, built in 2005
  • Unit mix: seven 1‑bedroom, five 2‑bedroom, and two 2‑bedroom townhome units
  • Loft‑style interiors with exposed beams and 9‑foot ceilings

Property Analytics

Current Use

T. Soule & Co. ... Mill

Suggested Use

Top Pick Parking Lot & Garage Grocery & Convenience Store (Bike/Boat/Book/etc) Store Home Appliance Store HVAC Service Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

9 ft
Clear height
14
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

851
Businesses Nearby

Demographics for 06776, CT

26,848
Population
11,120
Households
2.4
Avg Household Size
44
Median Age
41%
College-Educated
95%
High-School Grad
56.2 sq mi
ZIP Area
478
Density / Sq Mi
$102,240
Median Household Income
$50,407
Median Earnings
$1,598
Median Rent
$380,800
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Fourteen residential units with loft-style interiors, electric heat pumps, and in-unit washer/dryers in most homes.
Where is this apartment building located?
The property is located at 29 West Street New Milford, CT.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: 14‑unit multifamily property in New Milford, CT, built in 2005; Unit mix: seven 1‑bedroom, five 2‑bedroom, and two 2‑bedroom townhome units; Loft‑style interiors with exposed beams and 9‑foot ceilings
(203) 307-1574 Call to check price and availability
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