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Property profile & analytics
OFF-MARKET
Estimated value
$855,000
Apartment buildings
75 Clark St, New Britain, CT 06051-1145
Entity Owned
4-yr Hold
Property ID
US15-0165208
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1912
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
7,134 SF
Lot
0.18 ac (7,852 SF)
Zoning code
T
APN
NBRI M:C7A B:30
UPID
US15-0165208
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$870k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$901k
Blend (final)
Blend
$855k
Owner & transaction history
Clark North Nbct LLC · 4 yrs held
Clark North Nbct LLC
since 2022
Last sale
$850,000
7 recorded transactions
Zoning & alternative use
T · New Britain, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.2M
+77.9%
Retail stores
$820,000
+19.8%
Office building
$785,000
+14.7%
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
$855,000
ML approach
$870,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$685,000
Current use
RESTAURANT
$1,220,000
Change: +78% · Conversion: Difficult
RETAIL STORES
$820,000
Change: +20% · Conversion: Difficult
OFFICE BUILDING
$785,000
Change: +15% · Conversion: Moderate
AUTO REPAIR, GARAGE
$715,000
Change: +4% · Conversion: Difficult
Blend value · Realmo final
$855k
Range $770k – $941k · ±10% · vs last sale $850k (Feb 17 2022)
Last sale anchor
$850k
Feb 17 2022
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
$120 / 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
$22,908
Tax year 2023
Assessed value
$598,430
Assessed 2023
Previous assessed
$598,430
+0.0% YoY
Effective rate
3.83%
On assessed value
Assessed land
$115,500
Assessed improvement
$482,930
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1912
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Buildings
1
Stories
3
Units
11
Bathrooms
10
Total area
7,134 SF
Lot
0.18 ac (7,852 SF)
Zoning code
T
APN
NBRI M:C7A B:30
UPID
US15-0165208
Jurisdiction
NEW BRITAIN
Zoning & alternative use
T · New Britain, CT
Zoning T · permitted uses
T · 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
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$685,000
RESTAURANT
Est. value
$1.2M
RETAIL STORES
Est. value
$820,000
OFFICE BUILDING
Est. value
$785,000
AUTO REPAIR, GARAGE
Est. value
$715,000
APARTMENT HOUSE (5+ UNITS) Current
RESTAURANT
RETAIL STORES
OFFICE BUILDING
AUTO REPAIR, GARAGE
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
1912
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
3
Buildings
1
Units
11
Bathrooms
10
Lot
0.18 ac
Current owner
From public records · entity-resolved
Clark North Nbct LLC
Entity
Mailing address
75 CLARK ST #516, NEW BRITAIN, CT 06051-1145
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 17, 2022
$850,000
Clark North Nbct LLC
Clark North LLC
Warranty Deed
$1,200,000 · Nutmeg State Federal Credit Union
Jan 3, 2020
—
Clark N LLC
Clark A LLC
Warranty Deed
—
Sep 18, 2018
$385,000
Clark A LLC
Clark Street Apts
Warranty Deed
—
Mar 1, 2012
$212,500
Clark Street Apts LLC
4720 Nu LLC
Warranty Deed
—
Sep 15, 2008
$1
4720 Nu LLC
Masa Land INC
Grant Deed
related
—
Dec 2, 2005
$453,000
Masa Land Corp
Adf Properties LLC
Warranty Deed
$330,000 · Astoria Federal Mortgage Corp
Sep 30, 2004
$340,000
Adf Prop LLC
75 Clark LLC
Warranty Deed
$275,000 · Insurbanc
May 16, 2003
$280,000
Francesco Suppa
Denigris,emanuele D
Warranty Deed
$230,000 · Insurbanc
Jul 9, 1993
—
Emanuele D Denigris
—
Deed Of Trust
related
$10,400 · 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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