Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    60 Washington Avenue #STE 102/103 Hamden, CT 06518

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $210,000

    2,177 SF office condo with efficient floor plan.

    Type:Commercial
    Property size:
    2,177 SF
    Lot size:
    1.35 Acres
    Added:
    Oct 2, 2025
    Days on Market:
    183
    Last Refresh:
    Mar 26 at 1:39 am

    Property Features for 60 Washington Avenue #STE 102/103

    General Information

    Standard status
    Active
    Size
    2,177 SF
    Lot size
    1.35 Acres
    Property subtype
    Commercial

    Building Details

    Year Built
    1988

    We can help!

    Listing Contact
    MARK FOREMAN
    MARK FOREMAN

    Listing agent MARK FOREMAN License #RES.0827812

    Listing office Press/Cuozzo Realtors

    Listing date Oct 2, 2025

    Source Corcoran

    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 Press/Cuozzo Realtors

    Overview

    First Floor Office Condominium

    This 2,177 square foot first-floor office condominium, comprised of units 102 and 103, is located in a professional building. The efficient floor plan includes private offices, an open administrative area, a kitchenette/breakroom, and two bathrooms. It also features two garage spaces and two storage units. The property benefits from excellent on-site parking, gas-fired HVAC systems, and access to all public utilities. Zoned T-4, the property is situated on a 1.35-acre lot. The gross building area is 20,000 square feet. The location provides easy access to I-91 and the Parkway. The combined condo charges are $1,039 monthly, plus a $500 monthly assessment that expires in 2032.
    Location Intelligence

    Current Use by Public Records

    Office Units

    Map

    City
    Hamden
    County
    New Haven
    State
    Connecticut
    Longitude
    -72.9138
    Latitude
    41.4267

    Nearby Similar for Sale

    • $315,000
      3,536 SF

      Hamden Office Condominium For Sale

      3,536 SF office condo with efficient layout and ample parking.
      60 Washington Avenue unit: 303 & 304, Hamden, CT 06518
      View Details
    • $1,890,000
      11,800 SF

      Hamden Commercial Property For Sale

      Two-story, 11,800 SF commercial building in Hamden, CT for sale.
      2348 Whitney Avenue, Hamden, CT 06518
      View Details
    • $675,000
      4,080 SF

      Hamden Retail Building For Sale

      Freestanding retail building in prime condition with high traffic exposure.
      1231 Whitney Avenue, Hamden, CT 06517
      View Details
    • $825,000
      5,058 SF

      Turnkey Mixed-Use Investment Property

      Fully occupied mixed-use property in Whitneyville neighborhood with strong income.
      1242 Whitney Avenue, Hamden, CT 06517
      View Details
    • $627,500
      3,050 SF

      Remodeled Multifamily Property in Hamden

      Six-bedroom, three-bathroom multifamily property with remodeled units in Hamden, CT.
      43 Gorham Avenue, Hamden, CT 06514
      View Details
    • $79,900
      654 SF

      Commercial Unit in Hamden, CT

      Spacious commercial unit suitable for various business uses.
      1220 Whitney Avenue unit: C6, Hamden, CT 06517
      View Details
    • $399,000
      1,512 SF

      Renovated Duplex Near Universities

      Two-family home ideal for owner occupancy or investment.
      59 Pine Street, Hamden, CT 06514
      View Details
    • $1,400,000
      11,520 SF

      Hamden Commercial Building For Sale

      Two-story commercial building with development potential in high-traffic area.
      2340 Whitney Avenue, Hamden, CT 06518
      View Details
    • $450,000
      1,882 SF

      Renovated Two-Family Home, Hamden

      Fully renovated two-family home with finished basement in Hamden.
      49-51 Third Street, Hamden, CT 06514
      View Details
    • $1,299,000
      19,180 SF

      Hamden Commercial Property For Sale

      Three buildings on 2.22 acres with redevelopment potential.
      2488-2490 State Street, Hamden, CT 06517
      View Details
    • $99,999
      1,427 SF

      Professional Office Condominium For Sale

      Two contiguous office condos, ideal for professional use.
      3208 Whitney Avenue unit: Ste 1E, Hamden, CT 06518
      View Details
    • $210,000
      2,427 SF

      Hamden Office Condominium For Sale

      2,427 SF office condo with efficient layout and ample parking.
      60 Washington Avenue unit: Ste 304, Hamden, CT 06518
      View Details

    FAQs

    What type of property is this?
    Office units - 2,177 SF office condo with efficient floor plan.
    Where is this office units located?
    The property is located at 60 Washington Avenue #STE 102/103 Hamden, CT.
    What is the asking price?
    The asking price for this property is $210,000.
    What are key features of this property?
    This property features: Easy access to I‑91 and the Parkway; 2,177 SF first floor office condominium; Efficient floor plan with private offices and open administrative area
    (203) 288-1900
    We can help!
    Listing Contact
    MARK FOREMAN
    MARK FOREMAN
    Real Estate License ID: RES.0827812
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!