1030 Federal Rd Brookfield Apartments

Investment Overview

Tower Realty Corp. is pleased to present The Newbury Apartments at 1030 Federal Road in Brookfield, Connecticut. The property consists of two buildings totaling approximately 15,804 square feet and 20 residential units, all of which were completely renovated in 2024. The unit mix includes 17 one-bedroom and 3 two-bedroom apartments, featuring spacious layouts with new flooring, fresh paint, granite countertops, stainless steel appliances, and updated lighting throughout. The parking lot was recently paved and striped, and the property offers ample on-site parking for residents. A major value-add component of the offering is the approved development of 15 additional one-bedroom apartments, along with plans for a pool, pool house, and fitness area. The expansion provides a significant opportunity to increase rental income and overall property value, positioning the asset as a strong long-term investment. Ideally located along Federal Road (Route 7), the property sits near the Four Corners area of Brookfield and the New Milford line, surrounded by a wide range of retail, restaurants, and daily amenities, including the recently developed food emporium and retail corridor. This prime location provides convenient access to major shopping destinations and regional roadways.

Investment Highlights

• __ 1 bedrooms
• __ 2 bedrooms
• __ ability to build
• City Water, Sewer
• Fully Leased
• Brand New (2024)