Financial
Distress signals
Property profile

105 Bank St 1A Waterbury, CT 06702

FOR LEASE
Other investment properties
Property ID
US15-0978008
16,980 SF 0.12 ac lot Built 1900
Last sale Feb 2021 · $170,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This is a newly constructed second-floor 1-bedroom apartment in downtown Waterbury, Connecticut, located on Bank Street. The unit includes a dedicated living area, one full bathroom, and a kitchen. Laundry is supported by washer/dryer hookups located inside the apartment, providing in-unit laundry capability without shared laundry facilities. The building is situated in a walkable downtown area with nearby restaurants, cafes, and shops, and the location provides convenient access to major highways for regional commuting.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$9k
Tax billed · 2023
Assessed value$172k
Assessed land$62k
Assessed improvement$110k
Effective rate5.42%

Value estimate

· Sep 2026
$140k
$126k – $154k
AI approach$230k
NOI build-up
Gross scheduled income$10k
Vacancy & credit loss−$852
Operating expenses−$3k
NOI · 642.50% cap applied$6k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$54/SF
ZIP average, outlier-cleaned · 33 recorded sales of this use type
Observed band · Q1–Q3$19 – $88
Qualifying comparables5

Cap rate analysis

How does the asset earn?
642.50%
$6k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
CBD
The intent of this zone is to promote central business district uses
General categoryCOMMERCIAL
JurisdictionWATERBURY

Location intelligence

Which uses thrive at this corner?
Best fit: Laundry Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Laundry Service10.9
Dry Cleaner10.3
Laundromat9.4

Location

105 Bank St, Unit 1A Waterbury, CT 06702
County assessor Recorded deeds · 2 transfers 5 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 10 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
68 Bank, Waterbury, CT 06702 $3,100,000 Apr 2024 15,200 SF
63 Bank, Waterbury, CT 06702-2206 $3,100,000 Apr 2024 13,860 SF
471 Main, Waterbury, CT 06702 $952,000 Feb 2024 16,320 SF
343 Main, Waterbury, CT 06702 $1,750,000 May 2023 20,428 SF
453 Main, Waterbury, CT 06702-1122 $600,000 Nov 2022 11,940 SF
38 Bank, Waterbury, CT 06702-2203 $90,000 May 2022 11,901 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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