50 BASSETT ST
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Location
50 BASSETT ST
Mblu
C9B/ 31/ / /
Acct#
04700050
Owner
SCHOOL HOUSING PARTNERS
Total Market Value
$11,451,930
Appraisal
$16,359,900
PID
122
Building Count
2
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2022$13,635,700$2,724,200$16,359,900
Assessment
Valuation YearImprovementsLandTotal
2022$9,544,990$1,906,940$11,451,930

Owner of Record
OwnerSCHOOL HOUSING PARTNERS
Co-OwnerLIMITED PARTNERSHIP
AddressC/O VITUS DEVELOPMENT
299 BROADWAY STE 1820
NEW YORK, NY 10007-1913
Sale Price$7,336,000
Certificate
Book & Page 1887/1193
Sale Date04/11/2014
Instrument00

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
SCHOOL HOUSING PARTNERS$7,336,000 1887/11930004/11/2014
SCHOOL ASSOCIATES I$0 1578/0920 02/15/2005
SCHOOL ASSOCIATES I$0 0746/0207 04/25/1979
SCHOOL ASSOCIATES I$0 0728/1094 07/29/1977
THE CROWNINSHIELD CORPORATION$0 0725/0507 03/25/1977
SCHOOL ASSOCIATES I$0 0759/0634 01/01/1900
CITY OF NEW BRITAIN$0 0099/0117 01/01/1900
 $0 0099/0102 01/01/1900
 $0 0099/0101 01/01/1900
 $0 0099/0098 01/01/1900
SCHOOL ASSOCIATES I$0 0000/0000  

Building Information
Building 1 : Section 1
Year Built: 1896
Living Area: 193,402
Replacement Cost: $19,406,254
Building Percent Good: 40
Replacement Cost
Less Depreciation:
$7,762,500
Building Attributes
FieldDescription
Style:Apartment Bldg
ModelComm/Ind
GradeC
Stories:3
Occupancy127.00
Exterior Wall 1Brick/Masonry
Exterior Wall 2 
Roof StructureFlat
Roof CoverT&G/Rubber
Interior Wall 1Plaster
Interior Wall 2 
Interior Floor 1Carpet
Interior Floor 2 
Central HeatYes
AC TypeNone
Bldg UseApartment MDL-94
Apt Units 
Total Bedrms145
Total Baths127
Comm Units 
Ind Units 
1st Floor Use:112C
Heat/ACNone
Frame TypeMasonry
Baths/PlumbingAverage
Ceiling/WallCeil & Walls
Rooms/PrtnsAverage
Wall Height12.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
FUSFinished Upper Story 93,937 93,937
BASFirst Floor 50,986 50,986
FLLFinished Lower Level 48,479 48,479
ULLUnfinished Lower Level 10,251 0
   203,653 193,402
Building 2 : Section 1
Year Built: 1923
Living Area: 99,089
Replacement Cost: $14,955,475
Building Percent Good: 42
Replacement Cost
Less Depreciation:
$6,281,300
Building Attributes : Bldg 2 of 2
FieldDescription
Style:Apartment Bldg
ModelComm/Ind
GradeA
Stories:3
Occupancy99.00
Exterior Wall 1Brick/Masonry
Exterior Wall 2 
Roof StructureFlat
Roof CoverT&G/Rubber
Interior Wall 1Drywall
Interior Wall 2 
Interior Floor 1Carpet
Interior Floor 2 
Central HeatYes
AC TypeNone
Bldg UseApartment MDL-94
Apt Units99
Total Bedrms104
Total Baths 
Comm Units 
Ind Units 
1st Floor Use: 
Heat/ACCent Heat
Frame TypeMasonry
Baths/PlumbingAverage
Ceiling/WallSus-Ceil & WL
Rooms/PrtnsAverage
Wall Height10.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
FUSFinished Upper Story 60,049 60,049
BASFirst Floor 39,040 39,040
CANCanopy 240 0
FOPOpen Porch 140 0
SLBSlab 39,040 0
   138,509 99,089

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
EL4Elevator H/Pas3.00 Stops$40,3002
EL4Elevator H/Pas3.00 Stops$40,3002
EL4Elevator H/Pas4.00 Stops$51,2001
EL4Elevator H/Pas4.00 Stops$51,2001

Land
Land Use
Use Code112C
DescriptionApartment MDL-94  
ZoneOP
Neighborhood106P
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)5.03
Depth
Total Market Land$1,906,940
Appraised Value$2,724,200

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
PAV1Paving Asphalt  47200.00 S.F.$85,0001
LT1Lights1  13.00 Units$16,4001
FN1Fence - Chain  360.00 L.F.$2,8001
LT2Lights 2  2.00 Units$4,8001
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2025$13,635,700$2,724,200$16,359,900
2024$13,635,700$2,724,200$16,359,900
2023$13,635,700$2,724,200$16,359,900

Assessment
Valuation YearImprovementsLandTotal
2025$9,544,990$1,906,940$11,451,930
2024$9,544,990$1,906,940$11,451,930
2023$9,544,990$1,906,940$11,451,930

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