Multifamily Housing
264 Farmington Avenue Hartford, CT 06105
Details & Description
Price: $1,250,000
    Hartford is the capital city of Connecticut, and with approximately 125,000 residents is the fourth largest city in the state. Known to many as the “Insurance Capital of the World”, Hartford has companies such as Aetna, UnitedHealthcare, and The Hartford based in the city while United Technologies claims Hartford as the corporate headquarters. Other major corporations like Travelers and Lincoln Financial Group have large operations in the city of Hartford. Located between New York City and Boston, Hartford is easily accessible with two major highways, Interstate-91 and Interstate-84 running right through the city. Union Station in Hartford serves as a station for the Amtrak railway. Hartford is also home to multiple colleges such as the University of Hartford, University of Saint Joseph, University of Connecticut School of Business and School of Law, and the world-class institution of Trinity College. Hartford is an 18-square-mile city, home to 125,000 residents, world class dining, international cultural attractions, award winning entertainment.
    Property Highlights
    Listing Agents
    Eric Blumenthal

    O: 877327375520
    M: 860-890-6587
    eblumenthal@naielite.com
    Carl Berman

    O: 877-327-3755
    M: 860-841-3821
    cberman@naielite.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    264 Farmington Avenue

    Hartford, CT 06105

    Listing ID: 298728
    264 Farmington Avenue Hartford, CT 06105 | for Sale | Photo 1
    Building Size: 12,885 SF
    Lot Size: 0.292 AC
    Land Size: 12,719 SF
    Building $/SF: $116.41
    Land $/SF: $98.28
    Price
    $1,250,000
    Property Highlights
    West End Brick Building
    Mixed Use Building
    10 Units, 6 1BR, 2 2BR Apartments, 1 Store, 1 Office Unit
    Beautiful Brick Building
    Close to downtown Hartford
    On Bus Line
    Close to Highway, Shopping and Hospitals
    Lower than Market Rents
    100% Occupancy
    Parking in rear of building for tenants
    Description

    Hartford is the capital city of Connecticut, and with approximately 125,000 residents is the fourth largest city in the state. Known to many as the “Insurance Capital of the World”, Hartford has companies such as Aetna, UnitedHealthcare, and The Hartford based in the city while United Technologies claims Hartford as the corporate headquarters. Other major corporations like Travelers and Lincoln Financial Group have large operations in the city of Hartford. Located between New York City and Boston, Hartford is easily accessible with two major highways, Interstate-91 and Interstate-84 running right through the city. Union Station in Hartford serves as a station for the Amtrak railway. Hartford is also home to multiple colleges such as the University of Hartford, University of Saint Joseph, University of Connecticut School of Business and School of Law, and the world-class institution of Trinity College. Hartford is an 18-square-mile city, home to 125,000 residents, world class dining, international cultural attractions, award winning entertainment.

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    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Bridgeport History of Multifamily Housing for Sale

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    Hartford Area Market Trends

    Listing Demographics for 264 Farmington Avenue Hartford, CT 06105

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population33,135165,309264,412
    Population Median Age363738
    Population by Age0-9 Yrs4278 (12%)19447 (11%)29689 (11%)
    10-19 Yrs4052 (12%)24455 (14%)37181 (14%)
    20-29 Yrs6401 (19%)28216 (17%)40761 (15%)
    30-39 Yrs5472 (16%)22261 (13%)35192 (13%)
    40-49 Yrs3909 (11%)20109 (12%)33219 (12%)
    50-59 Yrs3495 (10%)19419 (11%)33779 (12%)
    60-69 Yrs3207 (9%)16560 (10%)28579 (10%)
    70+ Yrs2321 (7%)14841 (8%)26011 (9%)
    Median HH Income$32,692$46,942$57,265
    Total Household Income< 24K5769 (38%)20176 (30%)25702 (24%)
    25-49K3979 (26%)13859 (21%)20999 (20%)
    50-74K2155 (14%)10470 (16%)16859 (16%)
    75-99K1031 (6%)5955 (9%)10707 (10%)
    100-199K1662 (11%)10560 (16%)21520 (20%)
    200K+496 (3%)4245 (6%)8184 (7%)
    Highest Education LevelNo Diploma53472263829519
    Diploma or GED66803049148531
    Some College35561700929432
    Assoc. Degree1319638611935
    Bachelors Degree27931657631666
    Higher Degree22331418526214
    Total Housing Units17,67173,872115,330
    --Owner-Occupied2,24622,34948,950
    --Renter-Occupied12,84642,91755,021
    Owner-Occupied Values< 100K32916113238
    100-199K777814116847
    200-299K415563314759
    300-399K36435637161
    400-499K20117713464
    500K+15916313481
    Total Working Age Population26,278132,361213,961
    In Work Force16,65082,765138,466
    Not In Work Force9,62849,59675,494
    Workforce Employed14,83374,725127,182
    Workforce Unemployed1,7767,90311,068
    Civlian Workforce16,60882,628138,250
    Military Workforce42137217
    Total Households15,09265,266103,971
    Family Households6,15935,78861,123
    Non-Family Households8,93329,47842,848
    Married Couple2,47617,24534,596
    Other Family3,68418,54326,527
    Married w/Child1,0937,27614,285
    Single Male w/Child4171,8862,596
    Single Female w/Child1,6817,62410,223

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Connecticut3,405,565+53,574,097+13,604,603+13,633,994
    Hartford County857,183+4894,014+2909,671+2930,629

    Total Working Age Population:

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    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 264 Farmington Avenue in Hartford?
    The asking price for 264 Farmington Avenue is $1,250,000
    What is the building size of this Multifamily property in Hartford, CT?
    The size of the building/unit at 264 Farmington Avenue in Hartford is 12,885 square feet
    How much land does the Hartford, CT property at 264 Farmington Avenue include?
    264 Farmington Avenue in Hartford includes 0.292 acres of land
    What is the population within 1 mile of 264 Farmington Avenue in Hartford?
    The population within 1 mile of 264 Farmington Avenue Hartford, CT 06105 is 33,135 people.
    Who do I contact for questions about 264 Farmington Avenue?
    You should contact the listing agent, Eric Blumenthal, for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    Bradley International Airport (BDL) 12
    Theodore Francis Green State Airport (PVD) 66
    La Guardia Airport (LGA) 92