This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/34
$4,500,000 Just Listed
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/34
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.
Full Property Details
Full Property Details for 985 Bank St
General
- Price: $4,500,000
- Taxes: (July 2025-June 2026)
- Status: Active
- Type: Commercial
- Source: SMARTMLS
- MLS ID: 24150354
- Updated: Today (1/21/2026)
- Added to Site: Today
Interior
- Flooring: Tile, Vinyl, Wall-To-Wall Carpet, Wood
Rooms
Bathrooms
- Total Bathrooms: 44
- Full Bathrooms: 44
- Restrooms: 44
Exterior
- Exterior Features: Sidewalk, Gutters, Lighting
Parking
- Total Spaces: 40
- Parking: Paved, Off Street Parking
Location
- County: New Haven
- Neighborhood: Brooklyn Center
- Driving Directions: 4 buildings on the corner of Washington & Bank + 2 properties on Congress Ave
Community
- Community Name: Brooklyn Center
Heating & Cooling
- Cooling Type: Window Unit
- Heating Type: Baseboard, Hot Water, Electric, Natural Gas
- Heating Fuel: Electric, Natural Gas
Utilities
- Sewer: Public Sewer Connected
- Water: Public Water Connected
- Utility Description: Electric, Gas, Phone Available, Cable Available
Structural Information
- Roof: Asphalt Shingle, Flat
- Stories/Levels: 4
- Stories in Building: 4
- Square Feet: 32,049
- Sq. Ft. Source: Public Records
- Current Bldg. Use: residential
- Year Built: 1920
Unit Information
- # Tenants: 43
Unit 1
- Unit Description: 3 Bedrooms
- Total Bathrooms: 9
Unit 2
- Unit Description: 2 Bedrooms
- Total Bathrooms: 4
Unit 3
- Unit Description: 1 Bedroom
- Total Bathrooms: 26
Unit 4
- Unit Description: Efficiency
- Total Bathrooms: 5
Lot Features
- Lot Size (Acres): 0.17
- Frontage: Municipal Street
- Present Use: residential
- Potential Use: residential
- Zoning: RH
- Lot Description: Corner Lot, Level Lot
Financial Considerations
- Assessment Amount: $692,860
- Tax Year: July 2025-June 2026
Disclosures and Reports
- Documents Avail.: None
- Property ID: 1390158
Listed by Oxford Realty, Amanda Faroni-Sheehan
Get Pre-Approved Today
Schools
Schools serving 985 Bank St
School District:Waterbury School District
| Name | Grades | Distance |
|---|---|---|
Duggan School 952 Bank Street, Waterbury, CT 06708 | 6-8 | 0 mi |
John F. Kennedy High School 422 Highland Avenue, Waterbury, CT 06708 | 9-12 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 985 Bank St
Date
Details
Price
Change
Source
1/21/2026
Listed
$4,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 985 Bank St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$31,165
-9%
$692,860
—
2023
$34,255
-9%
$692,860
—
2023
$37,546
75%
$692,860
95%
2022
$21,429
—
$355,910
—
2021
$21,429
—
$355,910
—
2020
$21,429
—
$355,910
—
2019
$21,429
—
$355,910
—
2018
$21,429
41%
$355,910
41%
2017
$15,246
—
$253,220
—
2016
$15,246
3%
$253,220
—
2015
$14,742
22%
$253,220
20%
2011
$12,043
—
$211,350
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 985 Bank St
985 Bank Street, Waterbury, CT 06708 (MLS# 24150354) is a Commercial property. 985 Bank Street is currently listed for $4,500,000 and was received on January 21, 2026. Want to learn more about 985 Bank Street? Do you have questions about finding other Commercial real estate for sale in Waterbury? You can browse all Waterbury real estate or contact a Coldwell Banker agent to request more information.

