Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2015 Corbin Ave 7 New Britain, CT 6053

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $1,350 /Mo

    Downstairs apartment near major routes, shopping, and hospital.

    Type:Multi Family
    Added:
    Apr 11, 2026
    Days on Market:
    19
    Last Refresh:
    Apr 11 at 5:52 am

    Property Features for 2015 Corbin Ave 7

    General Information

    Standard status
    Active
    Property subtype
    Multi Family

    Building Details

    Year Built
    1966

    We can help!

    Listing Contact
    Carole A. Smith

    Listing agent Carole A. Smith License #REB.0789703

    Listing office

    Listing date Apr 11, 2026

    Source Elliman

    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 Carole A. Smith

    Overview

    Spacious Apartment with Private Entrance

    This spacious downstairs apartment features a private entrance and an eat-in kitchen equipped with ample counter space suitable for entertaining. The property is conveniently located near the New Britain-Farmington line, providing easy access to Route 84 and Route 9. Its location offers proximity to the Hospital of Special Care, various shopping venues, restaurants, and entertainment options. On-site parking is available. The bike score is 47, indicating it is somewhat bikeable. The walk score is 51, indicating it is somewhat walkable. The transit score is 30, indicating some transit options are available.
    Location Intelligence

    Current Use by Public Records

    Residential income properties

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    New Britain
    County
    Hartford
    State
    Connecticut
    Longitude
    -72.8017594
    Latitude
    41.6848276

    Nearby Similar for Lease

    • $6,000/Mo

      Remodeled Commercial Property in New Britain

      Versatile office spaces in historic New Britain business district.
      25 Court St, New Britain, CT 06051
      View Details
    • $2,300/Mo

      Versatile Industrial Space For Lease

      6,598 SF industrial space with showroom and office areas.
      21 Pleasant St, New Britain, CT 06051
      View Details
    • Sponsored
      Contact for pricing

      CT, New Britain - Liberty Square

      1 Liberty Sq, Unit 301, New Britain, CT 06052
      View Details
    • $9 SF/Yr

      New Britain Flex Space Available

      26,752 SF flex space for lease in New Britain.
      255 Myrtle Street, New Britain, CT, 06053
      View Details
    • $1,900/Mo

      Renovated Two Bedroom Apartment

      First-floor, two-bedroom apartment with modern updates and garage.
      73 Brooklawn St 1, New Britain, CT 06052
      View Details
    • $2,600/Mo

      Remodeled Unit in Quiet Neighborhood

      Spacious 4-5 bedroom unit with modern amenities and large backyard.
      113 FAIRVIEW St 2, New Britain, CT 06051
      View Details
    • $1,550/Mo

      Updated Apartment with Off-Street Parking

      Updated third-floor apartment with parking and laminate flooring.
      1310 Stanley St 3rd floor, New Britain, CT 06052
      View Details
    • $1,700/Mo

      Updated Two-Bedroom Apartment For Rent

      First-floor, updated 2-bedroom apartment with in-unit laundry.
      37 Wakefield Ct 1, New Britain, CT 06053
      View Details
    • $2,000/Mo

      Spacious Remodeled Unit For Rent

      Remodeled 3 bed, 1 bath unit with updated kitchen.
      70 Monroe St 3, New Britain, CT 06051
      View Details
    • $1,500/Mo

      Updated Two Bedroom Apartment

      Updated 2-bedroom apartment with modern amenities and shared backyard.
      12 Woodland St 2nd flr, New Britain, CT 06051
      View Details
    • $1,275/Mo

      Charming 2-Bedroom Unit Available

      Quiet 2-bedroom unit with refinished floors and updated kitchen.
      268 Washington St, New Britain, CT 06051
      View Details
    • $2,300/Mo

      Renovated Three-Bedroom Apartment for Rent

      Recently renovated 3-bedroom apartment near downtown with modern amenities.
      416 Park St 1, New Britain, CT 06051
      View Details

    FAQs

    What type of property is this?
    Residential income property - Downstairs apartment near major routes, shopping, and hospital.
    Where is this residential income property located?
    The property is located at 2015 Corbin Ave 7 New Britain, CT.
    What is the lease rate?
    The lease rate is $1,350 /Mo.
    What are key features of this property?
    This property features: Convenient location near Rt. 84 and Rt. 9.; Close proximity to Hospital of Special Care, shopping, restaurants, and entertainment.; Spacious downstairs apartment with private entrance.
    (203) 257-9441
    We can help!
    Listing Contact
    Carole A. Smith
    Real Estate License ID: REB.0789703
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!