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Property profile & analytics
FOR LEASE
Retail properties & Spaces
1905 State St, Hamden, CT 06517-3819
Entity Owned
10-yr Hold
Free & Clear
Property ID
US15-0281939
For Lease
1 / 18
$2,200/Mo
1905 State St, Hamden, CT 06517-3819
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Property profile
Verified
Property type
Retail properties & Spaces
Use group
DEPARTMENT STORE
Year built
1930
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
4,312 SF
Lot
0.32 ac (13,939 SF)
Zoning code
T4
APN
HAMD M:2030 B:159 L:00-0000
UPID
US15-0281939
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
Current use
Occupant on record · Public records
-
NES Printing, LLC Marketing & Advertising (Bike/Boat/Book/etc) Store
-
JVR Insurance Agency Insurance Agency
-
Atlantica Express, LLC Bank Credit Union
-
American E-File Tax Service, LLC Tax Preparation
-
Karajanis Tony Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Abeyon Real Estate Group · 10 yrs held
Abeyon Real Estate Group
since 2015
7 recorded transactions
Zoning & alternative use
T4 · Hamden, CT
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 Hamden submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hamden 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$15,321
Tax year 2023
Assessed value
$271,740
Assessed 2023
Previous assessed
$271,740
+0.0% YoY
Effective rate
5.64%
On assessed value
Assessed land
$139,580
Assessed improvement
$132,160
Applied tax rate
327.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
Retail properties & Spaces
Use group
DEPARTMENT STORE
Status
For Lease
Year built
1930
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
3
Total area
4,312 SF
Lot
0.32 ac (13,939 SF)
Zoning code
T4
APN
HAMD M:2030 B:159 L:00-0000
UPID
US15-0281939
Jurisdiction
HAMDEN
Zoning & alternative use
T4 · Hamden, CT
Zoning T4 · permitted uses
T4 · Hamden, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hamden. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1930
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
3
Lot
0.32 ac
Current owner
From public records · entity-resolved
Abeyon Real Estate Group
Entity
Free & Clear · 10 yrs held
Mailing address
16 ASHWOOD CIR, SHELTON, CT 06484-6602
Ownership since
2015
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
Sep 17, 2025
—
Abeyon Re Group LLC
—
Deed
related
$308,750 · First County Bank
Dec 10, 2018
—
Abeayon Real Estate Group
—
Deed
related
$169,000 · Silver Hill Funding
Jul 20, 2015
$105,000
Abeyon Real Estate Group
Improta Louis
Warranty Deed
—
Jul 20, 2015
$35,000
Abeyon Real Estate Group
Karajanis,tony
Warranty Deed
—
Sep 24, 1999
—
Louis Improta
—
Deed Of Trust
related
$202,000 · Francis P Barberio
Oct 30, 1997
—
Louis Improta
—
Deed Of Trust
related
$25,000 · Zwi Kohorn
Feb 19, 1997
—
Louis Improta
—
Deed Of Trust
related
$51,815 · Robert Demorro
Dec 14, 1994
$165,000
Louis Improta
Josephs INC
Warranty Deed
$120,000 · Zmc Trust Et Al 2nd
Jan 15, 1987
$200,000
Alfonso Accetullo
Don Giussepee INC
Grant Deed
$272,000 · Ct Savings Bank
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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