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The RAO Building 160 Main St 15 Unit Apartment Building $3,475,000 ($231,667/Unit) 7.20% Cap Rate New Britain, CT 06051



Investment Highlights
- Access & Connectivity
- Desirable Brick Construction
- Off-Street Parking & Amenities
- Area Amenities & Demand Drivers
- Separetely Metered Utilities
- Strong Rental Demographics & Demand
Executive Summary
Horvath & Tremblay is pleased to present the exclusive opportunity to purchase The RAO Building, a mixed-use investment property located at 160 Main Street in New Britain, CT (the “Property”). The five-story building contains one (1) Commercial unit, two (2) 3-Bedroom/1-Bathroom units, seven (7) 2-Bedroom/1-Bathroom units, four (4) 1-Bedroom/1-Bathroom units, and one (1) Studio unit with 16,406 square feet of gross living area in 20,908 square feet of gross area. The Property is situated upon a 0.10-acre parcel and features twelve (12) off-street parking spaces between lots at 132 Main Street & Szczesny Garage. Additional parking is available through city parking passes.
160 Main Street, The RAO Building, is prominently situated in downtown New Britain, offering immediate access to the city’s central business district, surrounding retail corridors, and established residential neighborhoods. The Property benefits from strong connectivity along Main Street (Route 71) and is in close proximity to Route 9 and Interstate 84, providing efficient regional access to Hartford, the broader Capital Region, and key destinations throughout central Connecticut.
160 Main Street, The RAO Building, is prominently situated in downtown New Britain, offering immediate access to the city’s central business district, surrounding retail corridors, and established residential neighborhoods. The Property benefits from strong connectivity along Main Street (Route 71) and is in close proximity to Route 9 and Interstate 84, providing efficient regional access to Hartford, the broader Capital Region, and key destinations throughout central Connecticut.
Property Facts
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Fireplace
- Microwave
- Kitchen
- Granite Countertops
- Hardwood Floors
- Stainless Steel Appliances
- Tub/Shower
Site Amenities
- Laundry Facilities
- Elevator
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Moderately walkable
60/100
Exceptionally drivable
100/100
Good public transit
70/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | NBRI-000008B-000000-C000055 | Improvements Assessment | $1,198,050 |
| Land Assessment | $72,380 | Total Assessment | $1,270,430 |
Property Taxes
Parcel Number
NBRI-000008B-000000-C000055
Land Assessment
$72,380
Improvements Assessment
$1,198,050
Total Assessment
$1,270,430
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Contact the Sale Advisor
The RAO Building | 160 Main St
