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Luxury Remodeled Apartment in New London
For Lease
$2,200/Mo
Pending

215 Bank St 2, New London, CT 06320

Remodeled 2-bedroom apartment near restaurants, shops, and boardwalk.

Space SizeContact for details
Property Size1,000 SF
Lot Size0.05 Acres
Days on Market151

Property Features for 215 Bank St 2

General Information

Standard status Pending
Size 1,000 SF
Lot size 0.05 Acres
Property subtype Multi Family

Building Details

Building Size 1,000 SF
Year Built 1900
Listing Agency: Compass Connecticut, LLC
Listed By: Amanda Lamborn
Source: Elliman
Added: Mar 24 Changed: Aug 10 Last Checked: Aug 20 at 10:26AM

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 Compass Connecticut, LLC

Investment Insights

Based on property information with market context.

This luxury 2-bedroom unit is located in the culture-filled, historical district of Bank Street in New London, close to local restaurants, shops, and the boardwalk. It is also conveniently located near Electric Boat, the US Naval base, and Pfizer. The unit has been remodeled down to the studs and features granite countertops, a top-of-the-line heating/cooling system, luxury vinyl plank floors, brand new electric appliances, and efficient hot water heaters. Two off-street parking spaces are assigned to the unit. New, electric utilities are designed to make living more comfortable and cost-efficient. The tenant is responsible for electricity and hot water, while the owner covers trash, water, and sewer. There are 4 units available in this building.

Key Highlights

  • Prime location in the historical Bank Street district, New London, steps from restaurants, shops, and the boardwalk.
  • Completely remodeled luxury 2‑bedroom unit with high‑end finishes including granite countertops and luxury vinyl plank floors.
  • New, efficient electric appliances and hot water heaters for cost savings and comfort.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Building Supply Auto Parts Store Big Box & Wholesale Store Storage Facility Garden Center

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

Location Intelligence

Trade Area within ½ mile

1,589
Businesses Nearby

Demographics for 06320, CT

27,398
Population
12,528
Households
2.2
Avg Household Size
34
Median Age
29%
College-Educated
88%
High-School Grad
5.6 sq mi
ZIP Area
4,893
Density / Sq Mi
$60,224
Median Household Income
$34,932
Median Earnings
$1,304
Median Rent
$234,800
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Apartment building - Remodeled 2-bedroom apartment near restaurants, shops, and boardwalk.
Where is this apartment building located?
The property is located at 215 Bank St 2 New London, CT.
What is the lease rate?
The lease rate is $2,200/Mo.
What are key features of this property?
This property features: Prime location in the historical Bank Street district, New London, steps from restaurants, shops, and the boardwalk.; Completely remodeled luxury 2‑bedroom unit with **high‑end finishes including granite countertops and luxury vinyl plank floors.**; New, efficient electric appliances and hot water heaters for cost savings and comfort.
More about this property
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