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Property profile & analytics
OFF-MARKET
Showrooms
41 Lexington St New Britain, CT 06052-1466
Entity Owned
1-yr Hold
Free & Clear
Property ID
US15-0844156
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1874
Construction
FRAME
Total area
4,807 SF
Lot
0.29 ac (12,632 SF)
Zoning code
OP
APN
NBRI M:D7A B:43
UPID
US15-0844156
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
-
Marlborough Legal Law Firm
-
ProTec Painters Painting Service General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
2126 Properties LLC · 1 yrs held
2126 Properties LLC
since 2024
Last sale
$285,000
7 recorded transactions
Zoning & alternative use
OP · New Britain, 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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$8,867
Tax year 2023
Assessed value
$231,630
Assessed 2023
Previous assessed
$231,630
+0.0% YoY
Effective rate
3.83%
On assessed value
Assessed land
$46,410
Assessed improvement
$185,220
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
1874
Construction
FRAME
Heating
NONE
Buildings
1
Stories
3
Units
4
Rooms
2
Bathrooms
1
Total area
4,807 SF
Lot
0.29 ac (12,632 SF)
Zoning code
OP
APN
NBRI M:D7A B:43
UPID
US15-0844156
Jurisdiction
NEW BRITAIN
Zoning & alternative use
OP · New Britain, CT
Zoning OP · permitted uses
OP · 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.
Building & site characteristics
From public records
Year built
1874
Construction
FRAME
Heating
NONE
Stories
3
Buildings
1
Units
4
Rooms
2
Bathrooms
1
Lot
0.29 ac
Current owner
From public records · entity-resolved
2126 Properties LLC
Entity
Free & Clear · 1 yrs held
Mailing address
41 LEXINGTON ST, NEW BRITAIN, CT 06052-1466
Ownership since
2024
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
Nov 19, 2024
$285,000
2126 Properties LLC
Garkar Associates LLC
Warranty Deed
—
Oct 8, 2024
—
Garkar Assoc
—
Deed
related
$175,000 · T J Garabedian Ltd Pr
Dec 31, 2007
—
Garkar Associates
—
Deed Of Trust
related
$175,000 · Tj Garabedian LP
Aug 1, 2006
—
Gar Kar Assoc
—
Deed Of Trust
related
$128,500 · Apple Valley Bt
Oct 29, 1999
—
Garkar Assoc
—
Deed Of Trust
related
$205,000 · Hudson United Bank
Aug 24, 1989
—
Garkar Assoc
—
Deed Of Trust
related
$311,000 · Connecticut Bank & Trust
Dec 22, 1988
$288,000
Garkar Assoc
Pola,marina R
Grant Deed
$228,000 · Connecticut Bank & Trust
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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