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433 Main St 2,699 SF 100% Leased Office Building New Hartford, CT 06057 $515,900 ($191.14/SF) 8.54% Cap Rate



Executive Summary
Prime mixed-use commercial property located on Main Street with excellent visibility, close to amenities, and ample on-site parking. Property features four units plus a detached two-bay garage, all fully occupied. Residential units include two one-bedroom apartments and one two-bedroom apartment, along with a commercial space suitable for a variety of uses. Extensive renovations completed throughout including all new plumbing, electrical, heat pump systems, water heaters, separate utility meters, new kitchens, bathrooms, and a new common laundry room. Detached two-bay garage is also leased, providing additional income. Strong investment opportunity with multiple income streams, minimal deferred maintenance, a 7.8% cap rate, and a pro forma cap rate of 8.1%.
Financial Summary (Pro Forma - 2026) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Pro Forma - 2026) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
2,699 SF
Building Class
C
Year Built
1900
Price
$515,900
Price Per SF
$191.14
Cap Rate
8.54%
NOI
$44,070
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,350 SF
Building FAR
0.20
Lot Size
0.31 AC
Zoning
B-1 - Prime mixed-use commercial property
Parking
15 Spaces (5.56 Spaces per 1,000 SF Leased)
Amenities
- Signage
1 1
Property Taxes
| Parcel Number | NHAR-000044A-000114-000004 | Improvements Assessment | $182,490 (2025) |
| Land Assessment | $61,390 (2025) | Total Assessment | $243,880 (2025) |
Property Taxes
Parcel Number
NHAR-000044A-000114-000004
Land Assessment
$61,390 (2025)
Improvements Assessment
$182,490 (2025)
Total Assessment
$243,880 (2025)
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BlueKeyPropertyGroup
433 Main St
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