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88 York St
New Haven, CT 06511
Land for Build Out: 405,000 SF · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Adjacent to Yale Hospital Main Entrance at 20 York
- Two Blocks from the Yale University Campus, Yale Repertory Theater, Yale Museums and New Haven's "Chapel Street Dining and Entertainment District"
- Adjacent to New Haven's Largest Parking Garage
- One block form the new Yale Drama and Performing Arts Center, at York and Crown, currently in pre construction
EXECUTIVE SUMMARY
Development Site: Build Out 405,370 SF as of right
Walgreens will stay in any new development with certain agreed upon conditions.
Buyers must contact the Listing Owner, Developer, K. Grace, for more information regarding conditions for development per recommended conditions and for Walgreens review.
Walgreens will stay in any new development with certain agreed upon conditions.
Buyers must contact the Listing Owner, Developer, K. Grace, for more information regarding conditions for development per recommended conditions and for Walgreens review.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
15,120 SF
Building Class
C
Year Built
2001
Price
$16,990,000
Price Per SF
$1,123.68
Cap Rate
2.74%
NOI
$464,845
Tenancy
Single
Building Height
1 Story
Building FAR
0.22
Lot Size
1.55 AC
Zoning
BD - See OM below under "Links"
Maximum Zoning, New Haven
FAR 6.0
All Category Use Groups
Bonus Floor Area Available, see the New Haven Zoning Resolution
Parking
73 Spaces (0.18 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | NHVN-000262-000202-000200 | Improvements Assessment | $2,235,170 |
| Land Assessment | $564,830 | Total Assessment | $2,800,000 |
PROPERTY TAXES
Parcel Number
NHVN-000262-000202-000200
Land Assessment
$564,830
Improvements Assessment
$2,235,170
Total Assessment
$2,800,000
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