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Multifamily Property with Garage Parking
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266 High Street, New Britain, CT 06051

Multifamily properties with surface and garage parking near regional transit, employers, healthcare, and downtown amenities.

Property Size16,498 SF
Price / SF$80.01
Days on Market138

Property Features for 266 High Street

General Information

Standard status Active
Size 16,498 SF
Total Parking Spaces 11
Property subtype Multifamily
Net Operating Income $85,414

Site & Location

Highway Access Yes
Public Transit Yes
Utilities to Site Yes

Building Details

Year Built 1900
Buildings 2
Units 12
Listing Agency: Horvath & Tremblay
Listed By: Dennis Kelleher · License #MA 9504385
Source: Crexi
Added: Apr 24 Changed: Sep 7 Last Checked: Sep 8 at 3:45AM

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 Horvath & Tremblay

Investment Insights

Based on property information with market context.

The multifamily properties at 266 and 270 High Street comprise 16,498 square feet and date to 1900. Parking includes over nine (9) off-street surface spaces and two garage spaces. Tenants pay gas-powered heat and hot water costs, along with separately metered electricity; the landlord provides city water and sewer. The property is positioned near CTfastrak and CTtransit service, with bus routes 101 and 102 connecting New Britain with Hartford and other regional destinations.

Regional access includes Route 72, Route 9, and I-84, supporting travel to Hartford, Plainville, Farmington, and West Hartford. Nearby demand drivers include Central Connecticut State University, The Hospital of Central Connecticut–New Britain General Campus, Starling Physicians, Stanley Black & Decker, and Oxford Polymers. Dining, grocery, cultural, and recreational amenities include The Assembly Room, KeyFood Supermarket, Walnut Hill Park, and the New Britain Museum of American Art.

Key Highlights

  • 16,498‑square‑foot multifamily property built in 1900
  • Over nine (9) off‑street surface parking spaces plus two garage spaces
  • Tenants pay gas heat, hot water, and separately metered electricity

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Parking Lot & Garage Garden Center Gym & Fitness Center Electrical Service Acupuncture

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

Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,078
Businesses Nearby

Demographics for 06051, CT

31,134
Population
13,798
Households
2.3
Avg Household Size
34
Median Age
10%
College-Educated
75%
High-School Grad
4.1 sq mi
ZIP Area
7,594
Density / Sq Mi
$48,682
Median Household Income
$32,768
Median Earnings
$1,100
Median Rent
$198,300
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?
Multifamily property - Multifamily properties with surface and garage parking near regional transit, employers, healthcare, and downtown amenities.
Where is this multifamily property located?
The property is located at 266 High Street New Britain, CT.
What is the asking price?
The asking price for this property is $1,320,000.
What are key features of this property?
This property features: 16,498‑square‑foot multifamily property built in 1900; Over nine (9) off‑street surface parking spaces plus two garage spaces; Tenants pay gas heat, hot water, and separately metered electricity
(781) 776-4002 Call to check price and availability
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