July 25, 2025 – Tim Hines of Horvath & Tremblay has arranged the sale of a nine (9) unit multi-family property in New Britain, Connecticut. Hines represented the seller to complete the transaction at a sale price of $1,075,000.
The multi-family property is located at 2 Broad Steet in New Britain, Connecticut. The Property is improved by two (2), three-story residential buildings and contains nine (9) 3-Bedroom/1-Bathroom units with 10,338 square feet of living area in 14,652 square feet of gross area on a 0.41-acre parcel. The Property also features an on-site laundry facility and ample on-site parking at the rear of the Property. The Property is well-located in central New Britain. The location offers convenient access to CT Route 9, CT Route 72 and Interstate 84. CT Transit bus transportation is available steps from the Property along Broad Street, Main Street, and Washington Street. Nearby amenities include KeyFood Supermarket, Price Rite of New Britain, Stop & Shop, Walgreens, CVS, and CT Fastrak’s New Britain Station, which opened in 2015 and serves as a central hub for local and express bus services throughout the region. The Property is located 1.1-miles from the Hospital of Central Connecticut, 1.7-miles from Central Connecticut State University, and 11 miles from Downtown Hartford.
Horvath and Tremblay is one of the most active and successful Investment Real Estate Brokerage firms in the United States. Their advisors specialize in the sale of apartment buildings, mixed-use properties and development projects. They have experience successfully structuring portfolio sales and 1031 exchanges. They have a dedicated buy side desk that provides real time inventory and market data to each individual client placing capital or fulfilling a 1031 exchange requirement. The firm is dedicated to being the best source of information and expertise in the marketplace for private investors, developers, institutions, and industry professionals.