Financial
Distress signals
Property profile

644 Ferry St New Haven, CT 06513

FOR LEASE
Showrooms
Property ID
US15-0300760
3,006 SF 0.07 ac lot Built 1900
Last sale Aug 2024 · $475,000
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a street-facing commercial storefront building on Ferry Street in New Haven, CT, with an approximately 3,006-square-foot interior space. It is positioned along an established commercial corridor and presents frontage on a heavily traveled street, providing visibility to both pedestrians and vehicles. The building is located with convenient access to major highways, downtown New Haven, and public transportation, supporting retail, service, office, or other storefront-oriented

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$10k
Tax billed · 2024
Assessed value$258k
Assessed land$61k
Assessed improvement$197k
Effective rate3.85%

Value estimate

· Sep 2026
$475k
$428k – $523k
AI approach$475k
NOI build-up
Gross scheduled income$69k
Vacancy & credit loss−$3k
Operating expenses−$16k
NOI · 5.81% cap applied$49k

Realmo valuation models over county records and 12 qualifying comparable sales.

Recently sold

What actually traded nearby?
$113/SF
ZIP average, outlier-cleaned · 47 recorded sales of this use type
Observed band · Q1–Q3$73 – $189
Qualifying comparables12

Cap rate analysis

How does the asset earn?
5.81%
$49k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
BA
These districts serve several functions. They provide central concentrations of convenience goods and services for one or more neighborho...
General categoryCOMMERCIAL
JurisdictionNEW HAVEN

Location intelligence

Which uses thrive at this corner?
Best fit: Tailor Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Tailor Shop10.2
Computer & Electronic Repair9.9
Parking Facility9.8

Location

644 Ferry St New Haven, CT 06513
County assessor Recorded deeds · 2 transfers 12 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
466 Foxon, New Haven, CT 06513-2329 $7,450,000 Apr 2025 2,990 SF
262 Grand, New Haven, CT 06513-3723 $350,000 Jul 2024 2,535 SF
289 Quinnipiac, New Haven, CT 06513-4550 $400,000 Jun 2024 2,951 SF
242 Atwater, New Haven, CT 06513-4801 $265,000 Apr 2024 2,889 SF
296 Grand, New Haven, CT 06513-3723 $585,000 Feb 2024 3,675 SF
418 Fry, New Haven, CT 06513-3618 $175,000 Dec 2023 2,520 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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