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    335 Broad St New Britain, CT 06053

    For Sale
    $535,000

    Fully occupied, four-unit building with commercial and residential spaces.

    Lot size:
    0.13 Acres

    Property Features for 335 Broad St

    General Information

    Lot size
    0.13 Acres

    Building Details

    Year built
    1915

    Source: Joseph Martino Real Estate Agent Joseph Martino

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mixed-Use Building in High-Traffic Location

    This mixed-use, four-unit building is located in a high-traffic area. The property is fully occupied and generates a gross monthly income of $5,512, which equates to $66,144 annually. The unit mix includes two ground-level commercial/retail spaces, renting for $1,512 and $1,050 per month respectively, and two residential apartments on the upper floors. The second floor features a three-bedroom apartment with a monthly rent of $1,850, while the third-floor unit rents for $1,100 per month. There is a value-add opportunity due to below-market rents.
    Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New Britain
    County
    Hartford
    State
    Connecticut
    Longitude
    -72.7959199
    Latitude
    41.6733441

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    FAQs

    What type of property is this?
    Mixed-use property - Fully occupied, four-unit building with commercial and residential spaces.
    Where is this mixed-use property located?
    The property is located at 335 Broad St New Britain, CT.
    What is the asking price?
    The asking price for this property is $535,000.
    What are key features of this property?
    This property features: - Strong gross monthly income of $5,512 ($66,144 annually).; - Fully-occupied, 4-unit mixed-use building.; - Includes two ground-level commercial/retail spaces.
    (203) 671-2384
    Request Owner's contact information
    335 Broad St New Britain, CT 06053
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    New Britain, CT 06053
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    335 Broad St New Britain, CT 06053
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