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Property profile & analytics
FOR SALE
Showrooms

240 Middletown Ave 121 East Hampton, CT 06424

6,252 SF 0.98 ac lot Built 1987
Entity Owned 19-yr Hold ~ Est. High Equity
Property ID
US15-0046815
Property profile
Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1987
Construction FRAME
Total area 6,252 SF
Lot 0.98 ac (42,689 SF)
Zoning code C
APN EHAM M:06 B:12 L:9 U:1
UPID US15-0046815
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
  • Middlesex Eye Physicians Eye Care Center
  • Chatham Health District Public Health Department
  • Shalmuk Investors LLC Financial Advisor
  • Dr. Roger D. Luskind, MD Ophthalmologist
  • East Hampton Prevention Coordinator City Government Office
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$608k
Blend (final) Blend
$605k
Owner & transaction history
Shalmuk Investors LLC · 19 yrs held
Shalmuk Investors LLC
since 2006
1 recorded transaction
2006
$415,000
Zoning & alternative use
C · East Hampton, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

c. The applicant shall demonstrate that commercial/retail uses are of such nature to enhance and augment the development proposal and that all uses shall be compatible and inter -related. d. Occupancy of commercial/retail uses shall not be permitted prior to substantial completion of all buildings proposed for each phase. In developments consisting of multip…

Zone name Commercial
General category COMMERCIAL
Zone area 235.03 ac
Source Zoning Regulations 122025 PDF
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