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758 State St 1,720 SF Retail Building New Haven, CT 06511 $729,999 ($424.42/SF) 7.56% Cap Rate
Investment Highlights
- EAST ROCK High foot traffic motor traffic entrance & exit I-91 / I 95
- CERTIFIED SURVEY CLASS - D BA ZONE
- Yale University Neighborhood Re development many new high end apartment buildings with in 1 block RR station
Executive Summary
EAST ROCK REAL ESTATE LONG TIME NEIGHBORHOOD BAR RESTAURANT RE DEVELOPMENT AREA
Formerly GoodFella's 2005 2016, Boiling SoHo 2016 2023
* CHIDORI REVOLVING SUSHI YAKITORI BAR* 2024 THU 2033
NEW LEASE 5 YR WITH 5 YR OPTION TO RENEW
NEWLY RENOVATED FOR NEW SUSI RESTAURANT NOW OPEN
CONTACT Sylvia Vignali 203-387-5060
Formerly GoodFella's 2005 2016, Boiling SoHo 2016 2023
* CHIDORI REVOLVING SUSHI YAKITORI BAR* 2024 THU 2033
NEW LEASE 5 YR WITH 5 YR OPTION TO RENEW
NEWLY RENOVATED FOR NEW SUSI RESTAURANT NOW OPEN
CONTACT Sylvia Vignali 203-387-5060
Financial Summary (Actual - 2026) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$276,000
|
$160.47
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$276,000
|
$160.47
|
| Taxes |
$1,000
|
$0.58
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$1,000
|
$0.58
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2026)
| Gross Rental Income | |
|---|---|
| Annual | $276,000 |
| Annual Per SF | $160.47 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $276,000 |
| Annual Per SF | $160.47 |
| Taxes | |
|---|---|
| Annual | $1,000 |
| Annual Per SF | $0.58 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $1,000 |
| Annual Per SF | $0.58 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment
Sale Condition
Lease Option
Property Type
Retail
Property Subtype
Building Size
1,720 SF
Building Class
C
Year Built/Renovated
1950/2023
Price
$729,999
Price Per SF
$424.42
Cap Rate
7.56%
NOI
$55,166
Tenancy
Single
Building Height
1 Story
Building FAR
0.99
Lot Size
0.04 AC
Zoning
BA - REST/CLUBMDL94
Frontage
36’ on STATE STREET
Amenities
- 24 Hour Access
- Bus Line
- Commuter Rail
- Freeway Visibility
- Restaurant
- Security System
- Skylights
- Tenant Controlled HVAC
- Accent Lighting
- Storage Space
- Recessed Lighting
- Air Conditioning
Moderately walkable
70/100
Exceptionally drivable
100/100
Strong public transit
80/100
Moderately bikeable
70/100
Nearby Major Retailers
Property Taxes
| Parcel Number | NHVN-000210-000377-002900 | Total Assessment | $275,870 (2025) |
| Land Assessment | $123,130 (2025) | Annual Taxes | $1,000 ($0.58/SF) |
| Improvements Assessment | $152,740 (2025) | Tax Year | 2026 Payable 2031 |
Property Taxes
Parcel Number
NHVN-000210-000377-002900
Land Assessment
$123,130 (2025)
Improvements Assessment
$152,740 (2025)
Total Assessment
$275,870 (2025)
Annual Taxes
$1,000 ($0.58/SF)
Tax Year
2026 Payable 2031
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758 State St
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