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Spacious Unit Near Walnut Hill
For Lease
$1,700/Mo

42 Vance St 2nd Fl, New Britain, CT 06052

Large 2-bedroom unit near Walnut Hill Park for rent.

Property Size1,500 SF
Days on Market77

Property Features for 42 Vance St 2nd Fl

General Information

Standard status Active
Size 1,500 SF
Property subtype Multi Family

Building Details

Year Built 1925
Listing Agency: Kw Legacy Partners
Listed By: Vito Cortese
Source: Elliman
Added: May 15 Changed: Jul 10 Last Checked: Jul 30 at 6:55AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Kw Legacy Partners

Investment Insights

Based on property information with market context.

This well-maintained, second-floor unit offers 1500 sqft of space with 2 bedrooms. The unit features a large eat-in kitchen and a walk-in pantry with washer/dryer hookups. There is a formal dining room and a living room with a fireplace. An additional den/sunroom can be used as a third bedroom or a home office. The interior was recently refreshed. The property is located steps away from Walnut Hill Park and within walking distance to Central CT Hospital. It is less than a 15-minute drive to UConn Medical Center and offers easy access to Downtown New Britain and all major highways. The location has a bike score of 61, making it bikeable, a walk score of 79, indicating it is very walkable, and a transit score of 48, suggesting some transit options are available. Tenant is responsible for all utilities. No pets & no smoking.

Key Highlights

  • Prime location steps from Walnut Hill Park.
  • Spacious 1500 sqft unit with 2 bedrooms plus a den/sunroom (potential 3rd bedroom or home office).
  • Large eat‑in kitchen** with walk‑in pantry and washer/dryer hookups.

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Real Estate Agency (Bike/Boat/Book/etc) Store Furniture & Home Goods Garden Center Home Appliance Store Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$2.04 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,277
Businesses Nearby

Demographics for 06052, CT

8,017
Population
3,731
Households
2.1
Avg Household Size
40
Median Age
33%
College-Educated
91%
High-School Grad
2.6 sq mi
ZIP Area
3,083
Density / Sq Mi
$80,640
Median Household Income
$46,335
Median Earnings
$1,232
Median Rent
$243,900
Median Home Value

Market

Lease Benchmarks for New Britain, CT

$15.81 /SF/Yr
Avg Asking Price
$4.24–$26.4 /SF/Yr
Price Range
1,895 SF
Avg Space Size

This space is priced 14% below the average of $15.81 /SF/Yr.

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Multifamily property - Large 2-bedroom unit near Walnut Hill Park for rent.
Where is this multifamily property located?
The property is located at 42 Vance St 2nd Fl New Britain, CT.
What is the lease rate?
The lease rate is $1,700 /Mo.
What are key features of this property?
This property features: Prime location steps from Walnut Hill Park.; Spacious 1500 sqft unit with **2 bedrooms plus a den/sunroom** (potential 3rd bedroom or home office).; Large eat‑in kitchen** with walk‑in pantry and washer/dryer hookups.
More about this property
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