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Property profile & analytics
OFF-MARKET
Estimated value
$1,905,000
Showrooms
51 Main St, New Britain, CT 06051-2214
Entity Owned
15-yr Hold
~
Est. High Equity
Property ID
US15-1246287
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1927
Construction
STEEL FRAME
Total area
32,332 SF
Lot
0.26 ac (11,326 SF)
Zoning code
CBD
APN
NBRI M:C7C B:35
UPID
US15-1246287
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
-
The Apartments at Anvil Place Apartment Building
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.93M
Blend (final)
Blend
$1.91M
Owner & transaction history
Anvil Place LP · 15 yrs held
Anvil Place LP
since 2010
7 recorded transactions
Zoning & alternative use
CBD · New Britain, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$3.1M
+66.6%
Industrial (general)
$2.2M
+20.1%
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)
$1,865,000
Current use
APARTMENT HOUSE (5+ UNITS)
$3,105,000
Change: +67% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$2,240,000
Change: +20% · Conversion: Moderate
WAREHOUSE, STORAGE
$1,805,000
Change: -3% · Conversion: Difficult
Blend value · Realmo final
$1.91M
Range $1.71M – $2.10M · ±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
$59 / 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
$62,922
Tax year 2023
Assessed value
$1,643,740
Assessed 2023
Previous assessed
$1,643,740
+0.0% YoY
Effective rate
3.83%
On assessed value
Assessed land
$44,030
Assessed improvement
$1,599,710
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1927
Construction
STEEL FRAME
Heating
NONE
Cooling
YES
Buildings
1
Stories
7
Units
30
Bathrooms
28
Total area
32,332 SF
Lot
0.26 ac (11,326 SF)
Zoning code
CBD
APN
NBRI M:C7C B:35
UPID
US15-1246287
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
$1.9M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.1M
INDUSTRIAL (GENERAL)
Est. value
$2.2M
WAREHOUSE, STORAGE
Est. value
$1.8M
COMMERCIAL (GENERAL) Current
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
1927
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
7
Buildings
1
Units
30
Bathrooms
28
Lot
0.26 ac
Current owner
From public records · entity-resolved
Anvil Place LP
Entity
Mailing address
95 NILES ST, HARTFORD, CT 06105-2305
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 5, 2011
—
Anvil Place LP
—
Deed Of Trust
related
$2,000,000 · Ct Housing Fin Auth
Oct 13, 2010
$450,000
Anvil Place LP
Royal Bride LP
Grant Deed
$2,000,000 · Ct Housing Fin Auth
Oct 13, 2010
—
Anvil Place LP
—
Deed Of Trust
related
$5,106,494 · Ct Housing Fin Auth
Mar 13, 2009
—
Royal Bride LP
—
Deed Of Trust
related
$250,000 · New Britain City
Jun 20, 2008
$412,444
Royal Bride LP
New Royal Bride LLC
Grant Deed
$371,199 · Zenon Grzybowski
May 16, 2006
$800,000
New Royal Bride LLC
Anvil Commons LLC
Warranty Deed
—
Sep 17, 1999
—
Anuil Commons LLC
—
Deed Of Trust
related
$100,000 · Yarmouth Town
Jan 29, 1999
$150,000
Anuil Commons LLC
Urban Renewal Team LLC
Warranty Deed
—
Apr 2, 1997
—
Renewal Team Urban
—
Deed Of Trust
related
$20,000 · Manhattan Beach LLC
Sep 30, 1996
$230,000
New Britain Judo
Urban Renewal Team LLC
Warranty Deed
$105,000 · Zenon Grzybowski
Aug 26, 1996
$100,000
Urban Renewal Team LLC
Fleet National Bank
Warranty Deed
$125,000 · Zuckerman Family Nomi
Aug 26, 1996
—
Urban Renewal Team LLC
—
Deed Of Trust
related
$10,000 · Zuckerman Family Nomi
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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