825 Grand Ave, New Haven, CT 06511
Four-level building with exposed brick, soaring ceilings, and adjacent parking for 22+ cars.
- Added:
- Jun 25, 2026
- Days on Market:
- 3
- Last Refresh:
- Jun 27 at 2:04 am
Property Features for 825 Grand Ave
General Information
- Standard status
- Active
- Size
- 7,200 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1890
Listing office Century 21 AllPoints Realty (203) 246-6505
Listing date Jun 25, 2026
Source Elliman
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HighLights
- Four‑level mixed‑use building built in 1890 with exposed brick and soaring ceilings on all levels
- Approximately 7,200 SF across four levels, including a finished lower level
- Adjacent private parking lot with 22+ dedicated spaces
- Flexible layout for multiple uses including medical/dental/professional office, restaurant, residential apartments, or mixed‑use redevelopment
- Located about 0.4 miles from Sally's Apizza
Overview
The building sits on a well-known New Haven corridor and benefits from an adjacent private parking lot with over 22 dedicated spaces, a practical amenity for tenants and visitors. The location is approximately 0.4 miles from Sally’s Apizza. BikeScore is listed as 70 (very bikeable) and WalkScore as 88 (very walkable), with a transitScore of 45 (some transit).
For tenants, buyers, or operators seeking a space with strong architectural character and on-site parking, the building’s four-level configuration and finished lower level provide room to customize layout and program. Prospective purchasers are encouraged to review the included preliminary diligence materials and conduct independent verification of zoning, permitted uses, and all other aspects of the property.
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $164.2k | $22.80 |
| − Vacancy | −$6.6k | −$0.91 |
| EGI | $157.6k | $21.89 |
| − OpEx | −$39.4k | −$5.47 |
| NOI | $118.2k | $16.42 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- New Haven
- County
- New Haven
- State
- Connecticut
- Longitude
- -72.9165896
- Latitude
- 41.3080881