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560 WOODWARD AVE
NEW HAVEN, CT 06512
Asking Price
$1.30M
Asset Type
Multifamily
Class
Class B
What's Special
Prime Near New Haven | Banquet Facility | 2.35 Acres | I-95 Access <p><strong>±14,052 SF Banquet Facility + Private Club</strong></p><p>Established catering hall with functional layout and multiple event spaces</p><p></p><p><strong>2.35 Acre Site with Ample Parking</strong></p><p> Approximately 200 on-site parking spaces accommodating large events</p><p></p><p><strong>Flexible Use Potential</strong></p><p> Ideal for catering hall, wedding venue, restaurant, or event space</p><p></p><p><strong>Value-Add / Redevelopment Opportunity</strong></p><p> Zoned RM-1 with
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NOI
$80,000
Cap Rate
6.15%
DSCR
1.04
Tight
Cash-on-Cash
0.72%
Monthly Payment
$6,431.691
Annual Cash Flow
$2,819.712
