Healthcare Facility with Development
181 Clifton St New Haven, CT 06513
181 Clifton St, New Haven, CT, 06513
Contact for pricing
For Sale
Contact for pricing
Existing healthcare facility with redevelopment or continued use options.
Property Size34,382 SF
Price / SF$290.85
Days on Market1164
Property Features for 181 Clifton St
General Information
- Standard status
- Active
- Size
- 34,382 SF
- Property subtype
- Senior Living
Building Details
- Year Built
- 1958
Listing Agency
KNG REALTY, LLC
Listed by
Ken Ginsberg · License #CT REB.0261354
Source
Crexi
Added: May 12, 2023 Checked: Jul 17 at 4:40 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 KNG REALTY, LLC
Investment Insights
Based on property information with market context.
This 34,382-square-foot property is currently operating as a business slated for relocation to a newly constructed facility. The current owners are open to a sale-leaseback arrangement until their new facility is completed, offering the buyer flexibility in timing for use or development. The property is suitable for a nonprofit rehabilitation center or adult care facility. The existing healthcare-accessible medical facility presents various options for potential use. The property is located in New Haven, CT.
Key Highlights
- Sale‑leaseback opportunity allows for immediate income generation.
- Significant cost savings compared to building new.
- Healthcare accessible medical facility with many potential uses.
Local Financial Insights For Apartment 5plus
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 | $1.04M | $30.36 |
| − Vacancy | −$64.7k | −$1.88 |
| EGI | $979.1k | $28.48 |
| − OpEx | −$440.6k | −$12.81 |
| NOI | $538.5k | $15.66 |
34,382 SF · lease $30.36/SF/yr · vacancy 6.20% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$7.69M
$6.73M – $8.98M
NOI $538,516 @ 7.0% cap · market cap 5.39%
Second Best
Healthcare Medical
$7.52M
$6.58M – $8.78M
NOI $526,663 @ 7.0% cap · market cap 5.27%
Theoretical Best
Office A
$11.06M
$9.68M – $12.90M
NOI $774,189 @ 7.0% cap · market cap 7.74%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
RegalCare at New Haven
Rehabilitation Center
Dorothy Washington
Physician
New Haven Center ...
Nursing Home
Similar For Sale Nearby
FAQs
What type of property is this?
Rehabilitation center - Existing healthcare facility with redevelopment or continued use options.
Where is this rehabilitation center located?
The property is located at 181 Clifton St New Haven, CT.
What is the asking price?
The asking price for this property is $9,999,999.
What are key features of this property?
This property features: Sale‑leaseback opportunity allows for immediate income generation.; Significant cost savings compared to building new.; Healthcare accessible medical facility with many potential uses.
