About 264 Farmington Avenue
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 demand an after repair value over $1.5M.
Features of 264 Farmington Avenue
| MLS® # | 24069414 |
|---|---|
| Price | $1,350,000 |
| Bedrooms | 12 |
| Bathrooms | 10.00 |
| Full Baths | 8 |
| Half Baths | 2 |
| Square Footage | 12,414 |
| Acres | 0.29 |
| Year Built | 1928 |
| Type | Multi-Family For Sale |
| Sub-Type | 5 Family+ |
| Style | Units on different Floors |
| Status | Active |
Community Information
| Address | 264 Farmington Avenue |
|---|---|
| Area | Asylum Hill |
| City | Hartford |
| County | Hartford |
| State | Connecticut |
| Zip Code | 06105 |
Amenities
| Parking Spaces | 14 |
|---|---|
| Parking | None, Paved, Parking Lot, Unassigned Parking |
| Is Waterfront | No |
| Waterfront | Not Applicable |
| Has Pool | No |
Interior
| Heating | Hot Air, Natural Gas |
|---|---|
| Cooling | Window Unit |
| Fireplace | No |
| Has Basement | Yes |
| Basement | Full |
Exterior
| Exterior | Brick |
|---|---|
| Lot Description | Corner Lot, Level Lot |
| Roof | Flat |
| Foundation | Stone |
School Information
| Elementary | Per Board of Ed |
|---|---|
| High | Per Board of Ed |
Additional Information
| Date Listed | January 17th, 2025 |
|---|---|
| Days on Market | 70 |
| Zoning | MS-1 |
| RE / Bank Owned | No |
Listing Details
| Office | VC Property Group, LLC |
|---|