Financial
Distress signals
Property profile

387 Park St New Britain, CT 06051

OFF-MARKET
Apartment buildings
Property ID
US15-1029795
7,456 SF 0.14 ac lot Built 1910
Last sale May 2002 · $208,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 24-yr Hold Held for 24 years. Free & Clear No active or open recorded mortgage detected.
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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 · 2024

What does the county charge?
$18k
Tax billed · 2024
Assessed value$459k
Assessed land$130k
Assessed improvement$329k
Effective rate3.96%

Value estimate

· Sep 2026
$415k
$374k – $457k
AI approach$415k
Submarket $/SF estimate$735k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$96/SF
ZIP average, outlier-cleaned · 55 recorded sales of this use type
Observed band · Q1–Q3$76 – $126

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
I2
An amendment to update the requirements of the I-2 (General Industry) Zoning District. [Sections 200-10-1; 200-20-90; 200-30-10; 230-10-1...
General categoryINDUSTRIAL
JurisdictionNEW BRITAIN

Location intelligence

Which uses thrive at this corner?
Best fit: Tailor Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Tailor Shop10.0
Parking Facility9.5
Realty agency9.4

Location

387 Park St New Britain, CT 06051-2745
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
320 Chestnut, New Britain, CT 06051-2388 $636,000 Dec 2025 5,786 SF
215 Beaver, New Britain, CT 06051-1000 $670,000 Feb 2025 6,210 SF
31 Dwight, New Britain, CT 06051-3278 $750,000 Sep 2024 7,476 SF
235 Beaver, New Britain, CT 06051-4402 $1,040,000 Sep 2024 7,936 SF
18 Kelsey, New Britain, CT 06051-3259 $657,000 Dec 2023 5,508 SF
25 Dwight, New Britain, CT 06051-2314 $533,000 Aug 2023 5,762 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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