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Property profile & analytics
OFF-MARKET
Estimated value
$1,420,000
Showrooms
16 Grand Ave, New Haven, CT 06513-4001
Entity Owned
2-yr Hold
Free & Clear
Property ID
US15-1318118
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1935
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
1,248 SF
Lot
0.8 ac (34,798 SF)
APN
NHVN M:098 B:1012 L:00300
UPID
US15-1318118
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.42M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.42M
Owner & transaction history
Hsng Authority Of Nh City · 2 yrs held
Hsng Authority Of Nh City
since 2024
Last sale
$1.4M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs New Haven submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs New Haven submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$1,420,000
ML approach
$1,420,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.42M
Range $1.28M – $1.56M · ±10% · vs last sale $1.42M (Mar 1 2024)
Last sale anchor
$1.42M
Mar 1 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$1,138 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$10,299
Tax year 2023
Assessed value
$276,850
Assessed 2023
Previous assessed
$276,850
+0.0% YoY
Effective rate
3.72%
On assessed value
Assessed land
$234,010
Assessed improvement
$42,840
Applied tax rate
306.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1935
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Buildings
1
Stories
1
Units
1
Total area
1,248 SF
Lot
0.8 ac (34,798 SF)
APN
NHVN M:098 B:1012 L:00300
UPID
US15-1318118
Jurisdiction
NEW HAVEN
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1935
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Stories
1
Buildings
1
Units
1
Lot
0.8 ac
Current owner
From public records · entity-resolved
Hsng Authority Of Nh City
Entity
Free & Clear · 2 yrs held
Mailing address
142 E TEMPLE ST #2, NEW HAVEN, CT 06510-2600
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 1, 2024
$1,420,000
Hsng Authority Of Nh City
Long Water Land LLC
Warranty Deed
—
Mar 1, 2024
—
Long Water Land LLC
Putnam Cove LLC
Quit Claim Deed
related
—
Jan 29, 2024
—
Putnam Cove LLC
Dragon Point LLC
Quit Claim Deed
related
—
Jun 12, 2002
$140,000
Missy LLC
Moruzzi,joseph M
Warranty Deed
$135,000 · Prime Bank
Jun 12, 2002
—
Missy LLC
—
Deed Of Trust
related
$18,200 · Zwi Kohorn
Dec 4, 1992
—
Joseph M Moruzzi
—
Deed Of Trust
related
$100,000 · Bank Of New Haven
Oct 15, 1991
$30,000
Joseph M Moruzzi
Chrysler First Fncl
Warranty Deed
—
Sep 20, 1990
$45,000
Chrysler First Fncl
Battista,rose
Grant Deed
related
—
Jan 16, 1987
—
Frank Parrett
—
Deed Of Trust
related
$36,000 · Zuckerman Family Nomi
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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