Smart MLS #24069185
264 Farmington Ave,
Hartford, CT 06105
☆
For Sale
Commercial$1,275,000
12414 Sqft · 10 Units · RESINC,RETAIL
264 farmington avenue is a prominent brick asset situated on a corner lot with enough parking for all units and then some! an exclusive parking lot in the front of the building, heavy foot and car traffic, and a large tenant population in the surrounding area has helped maintain the green apple grocery store as an anchor tenant for over 15 years. the second commercial unit is currently occupied by the owner as an office, but it has a full bathroom and can be outfitted for a variety of other business needs. central heating systems, towering 9-foot tall ceilings, and spacious residential units provide ample square footage to achieve proforma rents between $1,400-$1,800 per month. fill or occupy the office, keep the green apple on their current lease, and pursue an attainable lease-up strategy for the residential units and this property will yield a 123k noi and 14% return.
Map
Listing
Market Stats
- List $1,275,000
- Original $1,350,000
- 77 Days on Market
Real Estate Agent
Details
Building
- Built 1928
- 10 Units
Sqft
- 12414 Total Sqft
Lot / Land
- 0.29 Acres
- ASY Neighborhood
- Corner Lot, Level Lot
- TOWN,PAVED
Utilities
- Hot Air
- Natural Gas
- Public Water
- Public Sewers
Rental
- 9 Tenants
Parking
- 14 Total Spaces
- 14 Uncovered Spaces
Taxes
- Assessment $443,800
- Mill Rate 68.95
- Taxes $32,153
- Parcel Num 600697
Mortgage Calculator
- 30yr Fixed-Rate Loan
- 6.83% Interest
- Purchase Price $1,275,000
- Down Payment $255,000 (20.00%)
Estimated Payment with
30yr Fixed Rate Mortgage
30yr Fixed Rate Mortgage
Monthly
$9,349
$9,349
Monthly Est. $9,349
Yearly Est. $112,193
30yr Est. $3,365,802
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This real estate listing for sale at 264 Farmington Ave is presently used as Grocery, Office with 12414 total sqft and was built in 1928. It is located in the Hartford, Connecticut area with the 06105 zip code. For more info about the property at 264 Farmington Ave, Hartford, CT 06105 United States or if you would like to schedule a showing, please contact the listing agent above.
Disclaimer: This data was sourced from Smart MLS and was last updated 2025-03-28 12:01:50. The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2021 SmartMLS, Inc.
Disclaimer: This data was sourced from Smart MLS and was last updated 2025-03-28 12:01:50. The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2021 SmartMLS, Inc.