Mixed-Use Property with
1422 Dixwell Avenue Hamden, CT 06514
1422 Dixwell Avenue, Hamden, CT, 06514
$424,900
For Sale
$424,900
Mixed-use property featuring retail/office space, apartments, and parking.
Property Size2,664 SF
Lot Size0.17 Acres
Price / SF$159.50
Days on Market245
Property Features for 1422 Dixwell Avenue
General Information
- Standard status
- Active
- Size
- 2,664 SF
- Lot size
- 0.17 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1925
Listing Agency
Carbutti & Co., Realtors
(203) 269-4910
Listed by
PETER CARBUTTI
Source
Corcoran
Added: Nov 14, 2025 Checked: Jul 17 at 3:15 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Carbutti & Co., Realtors
Investment Insights
Based on property information with market context.
This mixed-use commercial property, formerly Valentino Tailors, offers a retail/office space on the first floor, complemented by two residential apartments and off-street parking. The property features an architectural asphalt shingle roof and three newer natural gas high-efficiency furnaces. Central air conditioning is available in the retail unit only. There are two electric meters, with the first-floor retail space and the first-floor apartment sharing one meter. The two apartments are currently occupied by long-term tenants on month-to-month leases, with rents below market value. An unfinished space on the third floor presents potential for completion. The property includes a two-car detached garage and off-street parking for approximately six cars. The total property size is 2664 square feet.
Key Highlights
- Mixed‑use property featuring retail/office space and two residential apartments.
- Benefit from off‑street parking for approximately six cars plus a two‑car detached garage.
- Three newer natural gas high‑efficiency furnaces.
Local Financial Insights For 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 | $57.5k | $21.60 |
| − Vacancy | −$2.6k | −$0.97 |
| EGI | $55.0k | $20.63 |
| − OpEx | −$16.5k | −$6.19 |
| NOI | $38.5k | $14.44 |
2,664 SF · lease $21.60/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Office B
$577.2K
$505.1K – $673.4K
NOI $40,404 @ 7.0% cap · market cap 9.51%
Second Best
Retail
$549.5K
$480.8K – $641.1K
NOI $38,467 @ 7.0% cap · market cap 9.05%
Theoretical Best
Office A
$856.9K
$749.8K – $999.8K
NOI $59,986 @ 7.0% cap · market cap 14.12%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Mixed-use property featuring retail/office space, apartments, and parking.
Where is this mixed-use property located?
The property is located at 1422 Dixwell Avenue Hamden, CT.
What is the asking price?
The asking price for this property is $424,900.
What are key features of this property?
This property features: Mixed‑use property featuring retail/office space and two residential apartments.; Benefit from off‑street parking for approximately six cars plus a two‑car detached garage.; Three newer natural gas high‑efficiency furnaces.
