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Property profile & analytics
OFF-MARKET
Estimated value
$1,570,000
Office buildings
11 Asylum St 23 Hartford, CT 06103-2209
Entity Owned
17-yr Hold
~
Est. High Equity
Property ID
US15-1032661
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1922
Construction
STEEL FRAME
Total area
54,330 SF
Lot
0.21 ac (8,965 SF)
Zoning code
DT-1
APN
HTFD M:269 B:346 L:002
UPID
US15-1032661
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
US Remodeling Group | Bathroom Remodeling Company Renovation Specialist General Contractor
-
Mix That Down Recording Studio
-
Recording Connection Audio Institute Vocational School Training Center
-
Cloud Data Systems Inc (Bike/Boat/Book/etc) Store Corporate Office
-
Legacy Marketing and Advertising Advertising Agency Marketing & Advertising
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.48M
Blend (final)
Blend
$1.57M
Owner & transaction history
Asylum Street Prop LLC · 17 yrs held
Asylum Street Prop LLC
since 2008
7 recorded transactions
Zoning & alternative use
DT-1 · Hartford, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Hartford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hartford submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.57M
Range $1.41M – $1.73M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$29 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$81,145
Tax year 2023
Assessed value
$1,152,130
Assessed 2023
Previous assessed
$1,152,130
+0.0% YoY
Effective rate
7.04%
On assessed value
Assessed land
$266,630
Assessed improvement
$885,500
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1922
Construction
STEEL FRAME
Heating
STEAM
Cooling
YES
Buildings
1
Stories
6
Total area
54,330 SF
Lot
0.21 ac (8,965 SF)
Zoning code
DT-1
APN
HTFD M:269 B:346 L:002
UPID
US15-1032661
Jurisdiction
HARTFORD
Zoning & alternative use
DT-1 · Hartford, CT
Zoning DT-1 · permitted uses
DT-1 · Hartford, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hartford. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1922
Construction
STEEL FRAME
Heating
STEAM
Cooling
Yes
Stories
6
Buildings
1
Lot
0.21 ac
Current owner
From public records · entity-resolved
Asylum Street Prop LLC
Entity
Mailing address
5809 16TH AVE, BROOKLYN, NY 11204-2112
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 12, 2011
—
Asylum Street Prop LLC
—
Deed Of Trust
related
$155,000 · Farmington Savings Bank
Dec 22, 2008
$4,560,000
Asylum Street Prop LLC
Corning Capital LP
Warranty Deed
$3,880,000 · Farmington Savings Bank
Jan 18, 2001
—
Capital LP Corning
—
Deed Of Trust
related
$1,625,000 · Peoples Bank
Oct 22, 1997
$300,000
Capital LP Corning
Corning Building Assoc
Grant Deed
related
$419,762 · Dennis Larussa
Oct 22, 1997
—
Capital LP Corning
—
Deed Of Trust
related
$419,762 · Zwi Kohorn
Sep 30, 1996
$5,000
Bldg Assoc Corning
Triffin,marc Kerry
Grant Deed
—
Nov 13, 1991
—
Marc Kerry Triffin
—
Deed Of Trust
related
$190,000 · Saybrook Bank & Trust
Jun 22, 1988
—
Marc Kerry Triffin
—
Deed Of Trust
related
$200,000 · Saybrook Bank & Trust
—
—
Asylum St Property LLC
—
Deed Of Trust
related
$3,050,000 · Nutmeg St Cu
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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