Mixed-Use Retail and
629-641 Park Street Hartford, CT 06106
New
629-641 Park Street, Hartford, CT, 06106
$1,750,000
For Sale
$1,750,000
MULTI_FAMILY - Hartford, CT
Property Size11,800 SF
Lot Size0.13 Acres
Price / SF$148.31
Days on Market2
Property Features for 629-641 Park Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- MS-1
- Bedrooms
- 16
- Rooms
- Bedroom 7, Bedroom 9, Bedroom 8, Bedroom 6, Bedroom 14, Bedroom 4, Bedroom 11, Bedroom 13, Bedroom 15, Bedroom 5, Bedroom 1, Bedroom 10, Bedroom 2, Bedroom 16, Bedroom 12, Basement, Bedroom 3
- Basement
- Full
- Standard status
- Active
- Size
- 11,800 SF
- Lot size
- 0.13 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 13688
Utilities
- Sewer type
- Public Sewer
- Heating system
- Hot Water(Heating), Baseboard
- Water source
- Public
Building Details
- Year built
- 1910
Listing agency
Brass Moon Realty
(203) 945-1000
Listed by
Ben Weinberg · License #RES.0813934
(917) 974-6356
Added: Jul 21 Checked: Jul 22 at 12:06AM
MLS# 24193407
Copyright © 2026 SmartMLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
For sale: two adjacent mixed-use buildings at 629-633 and 637-641 Park Street, offered as one portfolio. The property totals 11 income-producing units, including 8 residential apartments and 3 street-level commercial storefronts.
The buildings include dedicated on-site parking, providing a practical amenity for both residents and commercial tenants. The commercial spaces are located along Park Street, supporting retail access for day-to-day storefront operations.
The asset is configured as a multi-tenant income property combining residential units with street-level retail storefronts, all under MS-1 zoning.
The buildings include dedicated on-site parking, providing a practical amenity for both residents and commercial tenants. The commercial spaces are located along Park Street, supporting retail access for day-to-day storefront operations.
The asset is configured as a multi-tenant income property combining residential units with street-level retail storefronts, all under MS-1 zoning.
Key Highlights
- Two adjacent mixed‑use buildings for sale: 629‑633 and 637‑641 Park Street, Hartford, CT
- Combined 11 income‑producing units: 8 residential apartments and 3 street‑level commercial storefronts
- Dedicated on‑site parking lot for building tenants and storefront businesses
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $307.3k | $26.04 |
| − Vacancy | −$17.8k | −$1.51 |
| EGI | $289.5k | $24.53 |
| − OpEx | −$130.3k | −$11.04 |
| NOI | $159.2k | $13.49 |
11,800 SF · lease $26.04/SF/yr · vacancy 5.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$2.27M
$1.99M – $2.65M
NOI $159,198 @ 7.0% cap · market cap 9.10%
Second Best
Mixed Use
$2.15M
$1.88M – $2.51M
NOI $150,450 @ 7.0% cap · market cap 8.60%
Theoretical Best
Office A
$3.52M
$3.08M – $4.10M
NOI $246,207 @ 7.0% cap · market cap 14.07%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Storefront properties
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Two adjacent mixed-use buildings totaling 11 units, including 3 street-level storefronts and 8 residential apartments, with dedicated parking.
Where is this mixed-use property located?
The property is located at 629-641 Park Street Hartford, CT.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: Two adjacent mixed‑use buildings for sale: 629‑633 and 637‑641 Park Street, Hartford, CT; Combined 11 income‑producing units: 8 residential apartments and 3 street‑level commercial storefronts; Dedicated on‑site parking lot for building tenants and storefront businesses
