629-1A Chapel St
4,325 SF Office Condo Unit Offered at $825,000 in New Haven, CT 06511
PROPERTY FACTS
| Price | $825,000 |
| Unit Size | 4,325 SF |
| No. Units | 1 |
| Total Building Size | 4,325 SF |
| Property Type | Health Care (Condo) |
| Property Subtype | Rehabilitation Center |
| Sale Type | Investment |
| Floors | 1 |
| Typical Floor Size | 4,325 SF |
| Year Built | 1900 |
| Parking Ratio | 2.77/1,000 SF |
| Opportunity Zone |
Yes |
1 UNIT AVAILABLE
Unit 1A
| Unit Size | 4,325 SF |
| Price | $825,000 |
| Price Per SF | $190.75 |
| Condo Use | Office |
| Sale Type | Investment |
| Cap Rate | 8.72% |
| NOI | $71,940 |
DESCRIPTION
4,325 +/- sq.ft Commercial Condo fully lease INVESTMENT PROPERTY being offered at an 8.72% cap located in One of New Haven’s most storied neighborhoods, Wooster Square. Walking distance to New Haven's Little Italy, conveniently located near downtown, Yale campus, and the medical district. Ground Floor Office/Examination Room Space of iconic 5-Story Corner Brick Building (former Community Bank & Trust Co. Building and the Italian Bank now Residences at Wooster Square) HOA fee is $1,542.40 per month which is being paid by tenant with long term lease, NNN
SALE NOTES
4,325 +/- sq.ft Commercial Condo fully lease INVESTMENT PROPERTY being offered at an 8.72% cap located in One of New Haven’s most storied neighborhoods, Wooster Square. Walking distance to New Haven's Little Italy, conveniently located near downtown, Yale campus, and the medical district. Ground Floor Office/Examination Room Space of iconic 5-Story Corner Brick Building (former Community Bank & Trust Co. Building and the Italian Bank now Residences at Wooster Square) HOA fee is $1,542.40 per month which is being paid by tenant with long term lease, NNN
ZONING
| Zoning Code | RM2 |
