120 BROAD ST
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Location
120 BROAD ST
City, State, Zip
NEW LONDON, CT 06320
Mblu
E11/ 194/ 2/ /
Acct#
5921
Owner
120 BROAD STREET ASSOCIATES LLC
Total Market Value
$5,864,300
Appraisal
$8,377,300
PID
5921
Building Count
1
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2024$6,629,300$1,748,000$8,377,300
Assessment
Valuation YearImprovementsLandTotal
2024$4,640,700$1,223,600$5,864,300

Owner of Record
Owner120 BROAD STREET ASSOCIATES LLC
Co-OwnerR&R NEW LONDON VENTURES I LLC
Address15 HOLSEY AVE
BRANFORD, CT 06405
Sale Price$7,400,000
Certificate
Book & Page 2485/146
Sale Date09/14/2022
Instrument25

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
120 BROAD STREET ASSOCIATES LLC$7,400,000 2485/1462509/14/2022
TAUCHE CAPITAL LLC$1 2341/2251505/14/2020
CITY OF NEW LONDON$361,500 0394/0194 10/30/1975
THE NORWICH ROMAN CATHOLIC DIOCESAN CORP$0 0270/0143 10/19/1955
WILLIAMS MEMORIAL INSTITUTE$0  00/0 01/01/1700

Building Information
Building 1 : Section 1
Year Built: 1950
Living Area: 49,929
Replacement Cost: $7,593,305
Building Percent Good: 84
Replacement Cost
Less Depreciation:
$6,378,400
Building Attributes
FieldDescription
Style:Apartments Com
ModelCommercial
GradeGood
Stories:3
Occupancy51.00
Exterior Wall 1Brick/Masonry
Exterior Wall 2 
Roof StructureGable/Hip
Roof CoverAsph/F Gls/Cmp
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1Vinyl/Asphalt
Interior Floor 2 
Heating FuelElectric
Heating TypeHeat Pump
AC TypeHeat Pump
Bldg UseCOM/RES
Total Rooms 
Total Bedrms 
Total Baths 
Conv Type 
1st Floor Use:903C
Heat/ACHEAT/AC PKGS
Frame TypeMASONRY
Baths/PlumbingAVERAGE
Ceiling/WallCEIL & WALLS
Rooms/PrtnsAVERAGE
Wall Height9.00
% Comn Wall0.00
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
FUSUpper Story, Finished 29,032 29,032
BASFirst Floor 14,099 14,099
SFBSuperior Fin Bsmt 7,998 6,798
SLBSlab 5,424 0
USTUtility, Storage, Unfinished 1,275 0
   57,828 49,929

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
ELV1Elevator, Pass2.00 UNITS$134,4001
ELS1Pass Stops5.00 UNITS$15,8001
GENGEN BACKUP 10-20K W1.00 UNITS$2,5001
SPR1SPRINKLERS-WET49920.00 S.F.$41,9001

Land
Land Use
Use Code3403
DescriptionCOM/RES  
ZoneR-4
NeighborhoodBRD4
Alt Land ApprNo
Category
Land Line Valuation
Size (Buildable Lot)46.0000
Frontage0
Depth0
Total Market Land$1,223,600
Appraised Value$1,748,000

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
PAV1PAVING-ASPHALT  31000.00 S.F.$46,5001
FN3FENCE-6' CHAIN  1400.00 L.F.$9,8001
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2025$6,133,100$1,748,000$7,881,100
2024$2,994,800$1,748,000$4,742,800
2023$2,994,800$1,748,000$4,742,800

Assessment
Valuation YearImprovementsLandTotal
2025$4,293,200$1,223,600$5,516,800
2024$2,096,300$1,223,600$3,319,900
2023$2,096,300$1,223,600$3,319,900

Regarding Parcel: Mblu : E11/ 194/ 2/ / Location : 120 BROAD ST

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