132 Main St | New Britain, CT 06051
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- LoopNet Team
132 Main St
New Britain, CT 06051
$46OK NOI | 21 New Apartments · Multifamily Property For Sale
·
21 Units
INVESTMENT HIGHLIGHTS
- Features 20 luxury 1-bedroom apartments and a 2-story 6,500-SF retail unit leased to an experienced restaurateur, ensuring diversified income streams.
- Underwent a multimillion-dollar restoration in 2021, blending Beaux Arts architectural charm with modern luxury, including smart technology.
- 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.
- The Andrews is in a rapidly growing area experiencing revitalization and economic development, making it an attractive investment opportunity.
- 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.
PROPERTY FACTS
| Sale Condition | Auction Sale | Lot Size | 0.39 AC |
| Type of Ownership | Fee Simple | Building Size | 28,475 SF |
| No. Units | 21 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 5 |
| Property Subtype | Apartment | Year Built/Renovated | 1903/2021 |
| Apartment Style | Mid-Rise | Parking Ratio | 0.84/1,000 SF |
| Building Class | B | Parcel Number | NBRI-000008B-000000-C000053 |
| Zoning | CBD | ||
| Sale Condition | Auction Sale |
| Type of Ownership | Fee Simple |
| No. Units | 21 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.39 AC |
| Building Size | 28,475 SF |
| Average Occupancy | 100% |
| No. Stories | 5 |
| Year Built/Renovated | 1903/2021 |
| Parking Ratio | 0.84/1,000 SF |
| Zoning | CBD |
| Parcel Number | NBRI-000008B-000000-C000053 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Microwave
- Kitchen
- Hardwood Floors
- Refrigerator
- Oven
- Stainless Steel Appliances
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