Technical
Financial
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Property profile

1952 Whitney Ave Hamden, CT 06517

FOR LEASE
Office buildings
Property ID
US15-0459188
53,964 SF 3.31 ac lot Built 1977
Individually Owned 3-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional medical office building, located at 1952 Whitney Ave in Hamden, Connecticut, offers a variety of leasing opportunities. The 55,524 square foot, four-story Class B building, constructed in 1977, features multiple suites with a minimum divisible space of 902 square feet and a maximum contiguous space of 4,628 square feet. Currently, 12,942 square feet of space is available for lease. The property sits on 3.31 acres of land and boasts 224 parking spaces, two elevators, and a convenient covered canopy for patient drop-off and pick-up. Its prime location on Whitney Avenue provides excellent visibility and frontage, along with easy access to major highways. The building is zoned T4 and is situated in New Haven County, with a zip code of 06517. This well-maintained property presents a fantastic opportunity for medical practices seeking modern, functional, and conveniently located office space. The building's amenities and location make it an ideal setting for a variety of medical specialties. Interested parties should inquire about available suite sizes and lease terms.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1977
Construction STEEL FRAME
Total area 53,964 SF
Lot 3.31 ac (144,184 SF)
Zoning code T4
APN HAMD M:2529 B:001 L:00-0000
UPID US15-0459188

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Law Firm
  • Law Firm
  • Law Firm
  • Law Firm
  • Law Firm

Location

1952 Whitney Ave Hamden, CT 06517
Hamden metro Census 165300 NEW HAVEN-MILFORD, CT METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$8.59M
CAP Approach CAP
by Request
Comparable Approach Comparable
$6.57M
Blend (final) Blend
$8.81M

Owner & transaction history

since 2023
Last sale
$8.9M
7 recorded transactions
2024
Price N/A
2023
Price N/A
2023
$8.9M
2022
Price N/A
2008
Price N/A
2008
Price N/A
2008
$1

Zoning & alternative use

T4 · Hamden, CT
Zoning description

310.1 Specific to zones T1, T2, T3, T3.5, T4, T5, M, TG, NC a. Buildings in the T1 Zone are not permitted except for limited public use and utility purposes. b. Newly platted lots shall be dimensioned according to t able…

General category COMMERCIAL
Top alternative use upside
Restaurant $7.9M +35.5%
Commercial (general) $6.7M +14.2%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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