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Property profile & analytics
OFF-MARKET
Estimated value
$5,090,000
Showrooms
19 Franklin Sq New Britain, CT 06051-2604
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US15-1176931
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1962
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
63,120 SF
Lot
1.97 ac (85,813 SF)
Zoning code
CBD
APN
NBRI M:C8C B:145
UPID
US15-1176931
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
-
Sexual Assault Crisis Services Social Service Agency Charitable Organization
-
Institute of Martial Arts at New Britain YWCA Training Center Sports School
-
Revel Gymnastics CT Gym & Fitness Center
-
YWCA New Britain Social Service Agency Charitable Organization
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.96M
Blend (final)
Blend
$5.09M
Owner & transaction history
Young Womens Christian As · 1 yrs held
Young Womens Christian As
since 2025
1 recorded transaction
Zoning & alternative use
CBD · New Britain, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$7.3M
+99.5%
Office building
$7.0M
+91.0%
Auto repair, garage
$6.3M
+73.8%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$3,640,000
Current use
RETAIL STORES
$7,265,000
Change: +99% · Conversion: Easy
OFFICE BUILDING
$6,955,000
Change: +91% · Conversion: Easy
AUTO REPAIR, GARAGE
$6,330,000
Change: +74% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$6,065,000
Change: +67% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$4,375,000
Change: +20% · Conversion: Moderate
WAREHOUSE, STORAGE
$3,520,000
Change: -3% · Conversion: Difficult
Blend value · Realmo final
$5.09M
Range $4.58M – $5.60M · ±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
$81 / 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
$201,399
Tax year 2023
Assessed value
$5,261,200
Assessed 2023
Previous assessed
$5,261,200
+0.0% YoY
Effective rate
3.83%
On assessed value
Assessed land
$99,050
Assessed improvement
$5,162,150
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
1962
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
YES
Buildings
1
Stories
2
Units
1
Total area
63,120 SF
Lot
1.97 ac (85,813 SF)
Zoning code
CBD
APN
NBRI M:C8C B:145
UPID
US15-1176931
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
COMMERCIAL (GENERAL) Current
Est. value
$3.6M
RETAIL STORES
Est. value
$7.3M
OFFICE BUILDING
Est. value
$7.0M
AUTO REPAIR, GARAGE
Est. value
$6.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$6.1M
INDUSTRIAL (GENERAL)
Est. value
$4.4M
WAREHOUSE, STORAGE
Est. value
$3.5M
COMMERCIAL (GENERAL) Current
RETAIL STORES
OFFICE BUILDING
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
INDUSTRIAL (GENERAL)
WAREHOUSE, STORAGE
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
1962
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
2
Buildings
1
Units
1
Lot
1.97 ac
Current owner
From public records · entity-resolved
Young Womens Christian As
Individual
Mailing address
19 FRANKLIN SQ, NEW BRITAIN, CT 06051-2604
Mailing matches property
Yes
Owner-occupied
Yes
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
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 19, 2025
—
Young Womens Christian As
—
Deed
related
$254,840 · Td Bank NA
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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