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Property profile & analytics
OFF-MARKET
Estimated value
$4,260,000
Showrooms
132 Main St New Britain, CT 06051
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US15-0135991
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1903
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
26,975 SF
Lot
0.39 ac (16,988 SF)
Zoning code
CBD
APN
NBRI M:C8B B:53
UPID
US15-0135991
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
-
Giant Garage Door Repair New Britain Hardware & Home Improvement Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.05M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.26M
Owner & transaction history
Vina Andrews LLC · 1 yrs held
Vina Andrews LLC
since 2025
Last sale
$4.5M
7 recorded transactions
Zoning & alternative use
CBD · New Britain, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$4.6M
+196.3%
Retail stores
$3.1M
+99.5%
Office building
$3.0M
+91.0%
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 New Britain submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs New Britain 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
$3,990,000
ML approach
$4,045,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$4,610,000
Change: +196% · Conversion: Difficult
RETAIL STORES
$3,105,000
Change: +99% · Conversion: Easy
OFFICE BUILDING
$2,975,000
Change: +91% · Conversion: Easy
AUTO REPAIR, GARAGE
$2,705,000
Change: +74% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$2,595,000
Change: +67% · Conversion: Moderate
Blend value · Realmo final
$4.26M
Range $3.83M – $4.69M · ±10% · vs last sale $4.50M (Feb 24 2025)
Last sale anchor
$4.50M
Feb 24 2025
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
$158 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$68,301
Tax year 2024
Assessed value
$1,725,220
Assessed 2024
Previous assessed
$1,725,220
+0.0% YoY
Effective rate
3.96%
On assessed value
Assessed land
$104,090
Assessed improvement
$1,621,130
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1903
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Buildings
1
Stories
5
Units
21
Rooms
2
Bathrooms
20
Total area
26,975 SF
Lot
0.39 ac (16,988 SF)
Zoning code
CBD
APN
NBRI M:C8B B:53
UPID
US15-0135991
Jurisdiction
NEW BRITAIN
Zoning & alternative use
CBD · New Britain, CT
Zoning CBD · permitted uses
CBD · New Britain, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
New Britain. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$4.6M
RETAIL STORES
Est. value
$3.1M
OFFICE BUILDING
Est. value
$3.0M
AUTO REPAIR, GARAGE
Est. value
$2.7M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.6M
RESTAURANT
RETAIL STORES
OFFICE BUILDING
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1903
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
5
Buildings
1
Units
21
Rooms
2
Bathrooms
20
Lot
0.39 ac
Current owner
From public records · entity-resolved
Vina Andrews LLC
Entity
Mailing address
114 W MAIN ST STE #206, NEW BRITAIN, CT 06051-4223
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 24, 2025
$4,500,000
Vina Andrews LLC
Akk 5 LLC
Warranty Deed
$3,375,000 · Chelsea Groton Bank
Dec 6, 2019
—
Akk5 LLC
—
Deed
related
$2,700,000 · Union Savings Bank
Apr 23, 2019
—
Akk 5 LLC
—
Deed
related
$1,100,000 · Robert J Rosan
Mar 25, 2010
—
Akk 5 LLC
—
Deed Of Trust
related
$1,061,086 · New England Bank
May 9, 2006
$700,000
Akk5 LLC
Nb Property LLC
Warranty Deed
—
Apr 26, 2005
$515,000
N B Prop LLC
132 Main Street LP
Warranty Deed
$481,000 · Zwi Kohorn
Dec 1, 1992
$226,950
132 Main St. LP
Ct Galaxy Prop INC
Grant Deed
—
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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