Mark Peris - Andrew Abu Inc Realtors Logo
$1,725,000
( $99.26Per Sq Foot )
 $9,260 est/mo Sourced by Back At You

153 Bank Street,New London, CT 06320

New London, CT 06320

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Description

Mixed-use property with 4 commercial units and 6 apartments located in the heart of downtown New London. This 17,378 SF, 3 story building has 4 commercial units in 3,942 SF on the ground level SF commercial and 6 apartments on the 7,884 SF second and third floors. There is a 3,942 SF basement. NOI approximately $117,227. Two of the commercial units are recently vacant so there is room to increase NOI. Call office for financials. Excellent investment property with stable cash flow. Property may be purchased as a package with 53 Bank St and 147 Bank Street for a total of 6 commercial units and 17 Apartments.

Details

MLS #24150715
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1927
Days On Site240
Listing Provided ByU.S. Properties Real Estate Services, LLC | Constance Howard

Features

SQ Feet17,378
Story(s)3
Units9
ZoningCBD-1
Acreage0.18

Interior

Cooling SystemSplit System

Exterior

Roof InformationTar/Gravel

Utilities

Utilities AvailableElectric Available, Gas Available, Phone Available
Sewage SystemPublic Sewer Connected

Taxes

Tax YearJuly 2026-June 2027
Property Tax17989

Area Information

StateCT
CountyNew London
CityNew London
Zip Code06320
AreaN | A
Listing VS Median (in 06320)
Price:
$1,725,000
low | high
Med:
$182,000
100% of Average
sqft:
17,378
low | high
Med:
1,050
100% of Average
$ / sqft:
$99
low | high
Med:
$173
24.619516908212% of Average
On site:
240
low | high
Med:
4
100% of Average
Sourced by Back At You

Market Activity 06320

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Contact

Learn More About This Property

Mark Peris

Mark Peris

Andrew Abu Inc

9033838 (508) 523-6239mark@andrewabu.com
StateCT
CountyNew London
CityNew London
Zip Code06320
AreaN | A
Listing VS Median (in 06320)
Price:
$1,725,000
low | high
Med:
$182,000
100% of Average
sqft:
17,378
low | high
Med:
1,050
100% of Average
$ / sqft:
$99
low | high
Med:
$173
24.619516908212% of Average
On site:
240
low | high
Med:
4
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $1.293M - $2.156M
sqft: 13,000 - 21,500
Nearby Listings Property ImageNearby Listings Details
109-111 Bank Street Property Photo 1
$1,400,000
109-111 Bank Street
New London, CT 06320
Listing Updated: October 1, 2026 at 2:01:12 PM PDT