128 SALTONSTALL PKWY

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128 SALTONSTALL PKWY

EAST HAVEN, CT 06512-2425
Asking Price
$525K
Asset Type
Traditional Office Office
Class
Class B

What's Special

±1,897 SF Freestanding Medical/Office Building on Signalized Route 1 Corner — Vacant & Ready for Own <p>High-visibility freestanding building on a hard-signalized corner at Route 1 (Saltonstall Pkwy) and Route 142 (Hemingway Ave) with ±18,400 vehicles per day</p><p>±1,897 SF on ±0.39 acres, delivered vacant — immediate occupancy for an owner-user, professional office, or medical practice</p><p>Strong recent capital improvements: new 3-ton A/C compressor (2024) and new roof (2016), reducing near-term capex</p><p>City water/sewer and natural gas service in place; full basement provides additional

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NOI
$80,000
Cap Rate
15.24%
DSCR
2.57
Strong
Cash-on-Cash
31.00%
Monthly Payment
$2,597.414
Annual Cash Flow
$48,831.037

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