136 Main St - Apartments FOR SALE
New Britain, CT 06051 |
136 Main St
New Britain, CT 06051
HIGHLIGHTS
- The Andrews is in a rapidly growing area experiencing revitalization and economic development, making it an attractive investment opportunity.
- Underwent a multimillion-dollar restoration in 2021, blending Beaux-Arts architectural charm with modern luxury, including smart technology.
- Features 20 luxury one-bedroom apartments and a 2-story 6,500 retail suite leased to an experienced restaurateur, ensuring diversified income streams.
- Located in a robust rental market with over 50% of the population within a 3-mile radius renting, coupled with a local population of 158,832.
- Situated just minutes from major routes 9 and 72, and two blocks from the CTfastrak station, providing excellent connectivity to Downtown Hartford.
- Area benefits from substantial public and private sector investments, which are driving job creation and further economic growth.
FOR SALE DETAILS
PRICE
-
# OF UNITS
-
CAP RATE
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% LEASED
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BUILDING DETAILS
PROPERTY NAME
Boutique Luxury Mixed-Use With Strong NOI
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Mid-Rise
PROPERTY SUBTYPE
Apartments
ADD'L SUBTYPES
Storefront Retail/Residential
TOTAL BUILDING SIZE
28475
STORIES
5
YEAR BUILT
1903
PARKING SPACES
24
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
NBRI-000008B-000000-C000053
