Downtown New Haven Retail
81-89 Church Street New Haven, CT 06510
81-89 Church Street, New Haven, CT, 06510
Contact for pricing
For Sale
Contact for pricing
Pending
High-profile retail asset in downtown New Haven with stable income.
Property Size5,700 SF
Days on Market120
Property Features for 81-89 Church Street
General Information
- Standard status
- Pending
- Size
- 5,700 SF
- Property subtype
- Retail
Listing Agency
Febbraio Commercial
(203) 522-2635
Listed by
Christopher Lara · License #RES.0816126
Source
Crexi
Added: Mar 20 Checked: Jul 15 at 9:37 pm
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 Febbraio Commercial
Investment Insights
Based on property information with market context.
The property at 81-89 Church Street offers an opportunity to acquire a street-level retail asset in downtown New Haven. Anchored by Dunkin', a corner tenant with nearly 20 years of continuous operation, the property benefits from consistent daily traffic and visibility. The remaining tenancy includes national and regional operators, such as Total Wireless and Moka & Co (formerly Dr. Dental), a cafe concept currently completing a full build-out. The rent roll is supported by established operators and long-term lease structures, providing predictable in-place income. Positioned in a supply-constrained, institutionally driven market anchored by Yale University and a rapidly expanding life sciences sector, the asset offers stable cash flow with long-term growth drivers. The property size is 5700 square feet.
Key Highlights
- High‑profile, street‑level retail asset in downtown New Haven.
- Anchored by Dunkin' with nearly 20 years of continuous operation.
- Mix of national and regional tenants including Total Wireless and Moka & Co.
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 | $130.0k | $22.80 |
| − Vacancy | −$5.2k | −$0.91 |
| EGI | $124.8k | $21.89 |
| − OpEx | −$31.2k | −$5.47 |
| NOI | $93.6k | $16.42 |
5,700 SF · lease $22.80/SF/yr · vacancy 4.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$1.34M
$1.17M – $1.56M
NOI $93,571 @ 7.0% cap · market cap 4.35%
Second Best
Retail
$1.18M
$1.03M – $1.37M
NOI $82,306 @ 7.0% cap · market cap 3.83%
Theoretical Best
Office A
$1.83M
$1.60M – $2.14M
NOI $128,348 @ 7.0% cap · market cap 5.97%
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?
Retail space - High-profile retail asset in downtown New Haven with stable income.
Where is this retail space located?
The property is located at 81-89 Church Street New Haven, CT.
What is the asking price?
The asking price for this property is $2,150,000.
What are key features of this property?
This property features: High‑profile, street‑level retail asset in downtown New Haven.; Anchored by Dunkin' with nearly 20 years of continuous operation.; Mix of national and regional tenants including Total Wireless and Moka & Co.
