644 Ferry Street, New Haven, CT 06513
COMMERCIAL - New Haven, CT
- Added:
- Jun 16, 2026
- Days on Market:
- 1
- Last Refresh:
- Jun 16 at 6:06 pm
Property Features for 644 Ferry Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- BA
- Bathrooms
- 1
- Rooms
- Bathroom 1
- Standard status
- Active
- Size
- 3,006 SF
- Lot size
- 0.07 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 10155
Utilities
- Sewer type
- Public Sewer
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1900
Listing agent Frank D'Ostilio License #REB.0789479 (203) 641-7072
Listing office Houlihan Lawrence WD 117 River Street, Milford, CT (203) 701-4848
Listing date Jun 16, 2026
Copyright © 2026 SmartMLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Approximately 3,006 SF mixed‑use commercial building on New Haven’s Ferry Street corridor
- Office spaces generate $2,000 per month under a NNN lease through 2029
- Deli tenant operates on a month‑to‑month lease
- All utilities are separately metered; Central Air
- Served by public water and public sewer
- Includes a separate parcel at 9 Fox Street
Overview
The building is located at 644 Ferry Street in New Haven, in the busy Ferry Street corridor. The remarks describe convenient access to downtown, major highways, public transportation, and neighborhood amenities. Zoning is listed as BA.
With retail and office components, this offering may suit investors seeking income today from an existing month-to-month deli arrangement and longer-term NNN office lease coverage through 2029. The included additional parcel at 9 Fox Street may also appeal to owner-users or developers looking to evaluate options for future use while maintaining the current income structure.
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 | $68.5k | $22.80 |
| − Vacancy | −$2.7k | −$0.91 |
| EGI | $65.8k | $21.89 |
| − OpEx | −$16.4k | −$5.47 |
| NOI | $49.3k | $16.42 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- New Haven
- County
- New Haven
- State
- Connecticut
- Longitude
- -72.8977449
- Latitude
- 41.3173012
