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Property profile & analytics
FOR SALE
Retail space
208 Main St East Haven, CT 06512
Entity Owned
15-yr Hold
Absentee Owner
Free & Clear
Property ID
US15-0044067
For Sale
$3,800,000
208 Main St, East Haven, CT 06512
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1948
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
29,841 SF
Lot
1.81 ac (78,844 SF)
Zoning code
CA-1
APN
EHAV M:210 B:2516 L:008
UPID
US15-0044067
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
-
Record Nations Storage Facility
-
FRATERNIDAD CRISTIANA NEW HAVEN Church
-
Minuteman Press East Haven Marketing & Advertising Printing Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.55M
Blend (final)
Blend
$3.14M
Owner & transaction history
Falcon Mews Assoc LLC · 15 yrs held
Falcon Mews Assoc LLC
since 2011
7 recorded transactions
Zoning & alternative use
CA-1 · East Haven, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
Commercial, CA-1 District CA-1 Commercial, CA-2 District CA-2 Commercial, CB-1 District CB-1 Commercial, CB-2 District CB-2 Commercial, CC District CC Commercial, CD District CD Light Industrial District 1 LI-1 Light Industrial District 2 LI-2 Light Industrial District 3 LI-3 Planned Elderly Facilities District PEFD Planned Elderly Assisted Living Facility P…
Zone name
Commercial
General category
COMMERCIAL
Zone area
68.69 ac
Top alternative use upside
Restaurant
$4.4M
+37.6%
Commercial (general)
$3.8M
+19.6%
Office building
$3.2M
+1.6%
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 East Haven submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs East 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$3,170,000
Current use
RESTAURANT
$4,365,000
Change: +38% · Conversion: Easy
COMMERCIAL (GENERAL)
$3,795,000
Change: +20% · Conversion: Easy
OFFICE BUILDING
$3,220,000
Change: +2% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$3,215,000
Change: +1% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,705,000
Change: -15% · Conversion: Difficult
Blend value · Realmo final
$3.14M
Range $2.82M – $3.45M · ±10%
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
$105 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$62,918
Tax year 2024
Assessed value
$1,881,530
Assessed 2024
Previous assessed
$1,881,530
+0.0% YoY
Effective rate
3.34%
On assessed value
Assessed land
$431,200
Assessed improvement
$1,450,330
Applied tax rate
326.0000
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 space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Sale
Year built
1948
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Bathrooms
2
Total area
29,841 SF
Lot
1.81 ac (78,844 SF)
Zoning code
CA-1
APN
EHAV M:210 B:2516 L:008
UPID
US15-0044067
Jurisdiction
EAST HAVEN
Zoning & alternative use
CA-1 · East Haven, CTZoning CA-1 · permitted uses
CA-1 · East Haven, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
Commercial, CA-1 District CA-1 Commercial, CA-2 District CA-2 Commercial, CB-1 District CB-1 Commercial, CB-2 District CB-2 Commercial, CC District CC Commercial, CD District CD Light Industrial District 1 LI-1 Light Industrial District 2 LI-2 Light Industrial District 3 LI-3 Planned Elderly Facilities District PEFD Planned Elderly Assisted Living Facility PEALF Shoreline Development District #1 S-1 Shoreline Development Area SDA Planned Development District PD # Design Resident District DRA-1 Tech Park/Economic Development District TP/ED
Zone name
Commercial
General category
COMMERCIAL
Zone area
68.69 ac
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$3.2M
RESTAURANT
Est. value
$4.4M
COMMERCIAL (GENERAL)
Est. value
$3.8M
OFFICE BUILDING
Est. value
$3.2M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.2M
AUTO REPAIR, GARAGE
Est. value
$2.7M
RETAIL STORES Current
RESTAURANT
COMMERCIAL (GENERAL)
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1948
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Bathrooms
2
Lot
1.81 ac
Current owner
From public records · entity-resolved
Falcon Mews Assoc LLC
Entity
Free & Clear · 15 yrs held
Mailing address
333 MAMARONECK AVE #445, WHITE PLAINS, NY 10605-1440
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 24, 2011
$1
Falcon Mews Assoc LLC
Falcon Mews Assoc
Warranty Deed
—
Aug 24, 2010
$3,450,000
Fairfield County Banc
2 Overlook Realty Corp
Warranty Deed
$825,000 · Worth Funding INC
Sep 28, 2005
$2,500,000
L Overlook Rlty Corp
Eh On Main St Assoc Ll
Warranty Deed
$1,875,000 · Citibank NA
Jun 6, 2000
$1,105,000
Eh On Main St Assc LLC
Mazel Rlty Assoc
Warranty Deed
$1,004,000 · Peoples Bank
Dec 30, 1993
$735,000
Mazel Rlty Assoc Lc
Connecticut Prop Acqui
Grant Deed
—
Jul 15, 1993
—
Ct Prop Acquistion
—
Deed Of Trust
related
$25,031,211 · Heller Financial
May 5, 1993
$308,500
Connecticut Prop Acqui
Union Trust Co
Warranty Deed
—
Jan 26, 1989
$2,700,000
East Haven Plaza Ltd
Hja Realty Assoc
Grant Deed
$2,040,000 · Union Trust Co
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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