Storefront Retail
644 Ferry Street New Haven, CT 06513
644 Ferry Street, New Haven, CT, 06513
$975,000
For Sale
$975,000
Own a street-facing storefront in a busy commercial corridor with strong pedestrian and vehicle traffic access.
Property Size3,006 SF
Price / SF$324.35
Days on Market35
Property Features for 644 Ferry Street
General Information
- Standard status
- Active
- Size
- 3,006 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 1900
Listing Agency
Houlihan Lawrence WD
(203) 641-7072
Listed by
Frank D'Ostilio · License #REB.0789479
(203) 641-7072
Source
Xome
Added: Jun 13 Checked: Jul 17 at 5:58 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 Houlihan Lawrence WD
Investment Insights
Based on property information with market context.
This for-sale commercial property is a street-facing storefront building on Ferry Street. The approximately 3,006-square-foot space is presented as a versatile option for retail, service, office, or investment uses, with a prominent street presence designed to support visibility to passing customers and clients.
The building is positioned within an established commercial corridor characterized by strong pedestrian and vehicle traffic. It also offers convenient access to major highways, downtown New Haven, and public transportation, placing the property in a practical area for daily customer visits and client access.
For tenants, buyers, or operators, the configuration supports a range of storefront-oriented businesses or professional uses, benefiting from the building’s exposure along a heavily traveled street. As a retail asset, it may be well suited for an owner-operator looking to establish or expand a location in New Haven, or for an investor seeking a flexible commercial storefront in a location focused on both foot and vehicle traffic. Please note that any specific unit mix, interior finishes, or current occupancy details are not provided in the available information.
The building is positioned within an established commercial corridor characterized by strong pedestrian and vehicle traffic. It also offers convenient access to major highways, downtown New Haven, and public transportation, placing the property in a practical area for daily customer visits and client access.
For tenants, buyers, or operators, the configuration supports a range of storefront-oriented businesses or professional uses, benefiting from the building’s exposure along a heavily traveled street. As a retail asset, it may be well suited for an owner-operator looking to establish or expand a location in New Haven, or for an investor seeking a flexible commercial storefront in a location focused on both foot and vehicle traffic. Please note that any specific unit mix, interior finishes, or current occupancy details are not provided in the available information.
Key Highlights
- 3,006 SF commercial storefront on Ferry Street with street‑facing street presence
- Zoned BA
- Year built: 1900
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 | $64.9k | $21.60 |
| − Vacancy | −$2.9k | −$0.97 |
| EGI | $62.0k | $20.63 |
| − OpEx | −$18.6k | −$6.19 |
| NOI | $43.4k | $14.44 |
3,006 SF · lease $21.60/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$620.1K
$542.6K – $723.4K
NOI $43,405 @ 7.0% cap · market cap 4.45%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$967.0K
$846.1K – $1.13M
NOI $67,687 @ 7.0% cap · market cap 6.94%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
B & M Quality ...
Food Market
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FAQs
What type of property is this?
Storefront property - Own a street-facing storefront in a busy commercial corridor with strong pedestrian and vehicle traffic access.
Where is this storefront property located?
The property is located at 644 Ferry Street New Haven, CT.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: 3,006 SF commercial storefront on Ferry Street with street‑facing street presence; Zoned BA; Year built: 1900
