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MLS 24159459 For Sale Updated March 14, 2026
153 Bank Street

New London, Connecticut 06320

$2,450,000
153 Bank Street
1 / 12

About This Property

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 available so there is room to increase NOI. Contact 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.

Property Details

Interior

Heat
Heat Pump — Natural Gas
Cooling
Split System
Basement
Full,Unfinished

Exterior & Lot

Roof
Other
Construction
Construction
Waterfront
View
Lot Description
Level Lot

Utilities & Systems

Water Source
Public Water Connected
Sewer
Public Sewer Connected

Community & Schools

Elementary
Per Board of Ed
Middle
NULL
High
Per Board of Ed

153 Bank Street

New London , Connecticut 06320

$2,450,000
Beds
6
Baths
6
SqFt
12,470
Type
Multi-Family
County New London
Garage -
Rooms -
Lot Size 0.18 Acres
Property Tax $17,686
Assessed Value $627,400
Year Built 1927
Style Units on different Floors
Zoning CBD-1

Payment Estimate

30-year fixed. Includes taxes; estimates only.

Estimated Monthly Payment
Open the full mortgage calculator →

Property Map

Map location is based on the property address.

Listing information is deemed reliable but not guaranteed and is sourced from the local MLS feed. Brokerage shown: THAM60.

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