900 Grand Avenue

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900 Grand Avenue

New Haven, CT 06511
Asking Price
$2.30M
Asset Type
Retail
Class
Class B

What's Special

90% Leased, Raw space for potential expansion <p><strong style="color: rgba(0, 0, 0, 1)">Fantastic Opportunity to own a well maintained Retail & Office Building in a walkable neighborhood in Wooster Square/Mill River. Every space has Central Air, many upgrades throughout the years. There is retail space for rent, see MLS #24142729. Perfect opportunity for a business owner occupant to make passive income and run a storefront business at the same time</strong></p>

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NOI
$80,000
Cap Rate
3.48%
DSCR
0.59
Underwater
Cash-on-Cash
-8.20%
Monthly Payment
$11,379.145
Annual Cash Flow
$-56,549.741

Location & Travel Times