Converted Winsted mill building with 39 apartments sells for $4M
CoStar
101 Whiting St., Winchester.
A 136-year-old former mill hosting 39 apartments along the Still River in Winsted recently sold for $4 million to a Brooklyn buyer who has invested heavily in Connecticut over the past two years.
Chozick Realty Inc. announced this week it has brokered the sale of The Mill at Still River, an 1887-vintage mill converted to apartments in 1986.
The building on the nearly acre-sized property at 101 Whiting St. features exposed brick walls and beams, as well as oversized windows that offer river views to each apartment.
The building last sold in 2009 for $2.16 million to the Mill at Still River LLC, whose principals are Joshua A. Gardner and Paula L. Capaldo of South Windsor, according to town assessing records and a state business filing.
The latest sale has not yet been recorded in online land records. Broker Steve Pappas, of Chozick Realty, identified the buyer as Still River Realty LLC, whose principal is Gershon Eichorn, of Brooklyn, New York.
Eichorn is affiliated with various limited liability companies that purchased several Connecticut properties in 2022, including:
- A three-building, 147-unit apartment complex on 6.4 acres in Waterbury’s east end for $19.3 million.
- A 45-unit Willington apartment complex for $4.5 million.
- Three Manchester apartment properties totaling 111 units for $19.8 million.
- A 28,702-square-foot East Hartford medical office building for $3.9 million.
Pappas said he brought the offering directly to Eichorn, who quickly expressed interest, saving marketing costs. The sale closed Feb. 28, within three months of the offering, Pappas said.
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