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59-61 Amity Rd 25,150 SF 100% Leased Retail Building New Haven, CT 06515 $4,085,720 CAD ($162.45 CAD/SF) 7.28% Cap Rate
Executive Summary
Heavy Traffic Rd (Amity Road), 4 Retail shops and 11 Offices, Goodwill Store, 13 Spaces are leased and 2 small Office Spaces are Vacant, 25150 sf, Newer Heating/Central Air Systems, Roof is still under Warranty, Plenty of Parking Spaces, Cross Street of A1 Toyota Dealer, Close to RT 15 (0.2 miles), Sales Price of $2.95 Million with 7.28% Return Rate,
Property Facts Under Contract
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
25,150 SF
Building Class
C
Year Built
1947
Price
$4,085,720 CAD
Price Per SF
$162.45 CAD
Cap Rate
7.28%
NOI
$297,440 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.68
Lot Size
0.85 AC
Zoning
BA
Parking
55 Spaces (2.19 Spaces per 1,000 SF Leased)
Frontage
124’ on Whalley Avenue
Amenities
- Pylon Sign
- Signage
Fairly walkable
40/100
Exceptionally drivable
100/100
Some public transit
50/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | NHVN-000429-001173-000600 | Improvements Assessment | $1,636,426 CAD |
| Land Assessment | $386,989 CAD | Total Assessment | $2,023,415 CAD |
Property Taxes
Parcel Number
NHVN-000429-001173-000600
Land Assessment
$386,989 CAD
Improvements Assessment
$1,636,426 CAD
Total Assessment
$2,023,415 CAD
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59-61 Amity Rd
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