1412 Whalley Ave

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1412 Whalley Ave

New Haven, CT 06515
Asking Price
$1.20M
Asset Type
Traditional Office Office
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Traditional office building available for purchase at 1412 Whalley Avenue.
  • The property is currently listed at an asking price of $1,200,000.
  • Current tenant is scheduled to vacate on or before August 31, 2026.
  • Located within the active New Haven commercial real estate submarket.
  • Asset provides flexible space for professional or administrative business operations.

What's Special

This office building for sale on Whalley Avenue presents a functional workspace suited for an owner-occupier or an investor seeking a presence in the New Haven market. The property functions as a traditional office asset, accommodating various professional services or administrative operations within this established corridor of the city. New Haven maintains a diverse economic landscape, supported by proximity to major regional healthcare and educational institutions, which continues to drive commercial activity in the area. Prospective buyers should note the current occupancy status, as the building houses a tenant with a lease expiration on or before August 31, 2026. This timeline allows for planning future repositioning or securing new tenancy well in advance of the vacancy. The asset provides a strategic foothold in a highly connected part of the region, benefiting from consistent traffic flow and access to essential city services. Its layout is well-suited for businesses that require centralized administrative space within this growing Connecticut market.

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NOI
$80,000
Cap Rate
6.67%
DSCR
1.12
Tight
Cash-on-Cash
2.43%
Monthly Payment
$5,936.945
Annual Cash Flow
$8,756.657

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