Commercial Real Estate in New Britain | Reonomy

Commercial Real Estate in New Britain

Unlock property data on 6,387 commercial properties in New Britain. Search through New Britain property records and access full owner contact information to find off-market properties likely to sell, refinance, or renovate. Find recent buyers and sellers.

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Reonomy attracts a large community of New Britain commercial real estate professionals, including brokers, investors, roofers, contractors, appraisers, insurance providers, and more—many of which specialize in commercial properties.

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New Britain commercial real estate sold prices and values

Values and sold prices (last 24 months) United States Connecticut New Britain
Average price/sqft $901 $3,710 $3,052
Average sold price $1,040,193 $560,328 $193,849
Median sold price $197,719 $223,871 $185,000
Number of sales 3,467,676 13,959 486
Number of sales over $250k 1,471,021 6,218 107
Number of sales over $1m 331,728 944 3
Number of sales over $10m 44,553 66 --
Average total tax amount $7,047 $11,526 $7,456
Average assessed value $252,055 $373,951 $147,681
Average market value $355,886 $373,955 $147,681

New Britain commercial real estate property averages

Property averages United States Connecticut New Britain
Average lot size 816,547 sf 145,233 sf 18,656 sf
Median lot size 24,451 sf 12,202 sf 7,841 sf
Average building area 1,078 sf 97 sf 54 sf
Median building area 77 sf 59 sf 47 sf
Median year built 1970 1925 1923
Average number of units 16 3 3
Median number of units 2 2 2

New Britain commercial real estate total supply

Supply United States Connecticut New Britain
Number of parcels 58,466,290 301,832 6,466
Aggregate lot acerage 1,006,172,965 558,105 2,240
Aggregate building area 8,055,272,149 sf 9,631,399 sf 199,866 sf
Aggregate units 90,008,311 426,903 15,219

New Britain commercial real estate industrial mortgages

Debt United States Connecticut New Britain
Number of mortgages 41,924,523 444,481 18,872
Average value of mortgages $5,197,370 $752,679 $416,216

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