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Property profile & analytics
OFF-MARKET
Medical Office Space
59 Cedar St Newington, CT 06111-2533
Entity Owned
14-yr Hold
~
Est. High Equity
Property ID
US15-0203200
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1950
Construction
FRAME
Total area
1,308 SF
Lot
0.18 ac (7,841 SF)
Zoning code
B-TC
APN
NEWI M:10 B:647 L:0
UPID
US15-0203200
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
-
Evenly Orthodontics Dental Office
-
East Cedar Dental, Inc of Newington Dental Office
-
Dr. Aaron Farrokh Dental Office
-
Aaron Reza Farrokh Dental Office
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
Af Realty LLC · 14 yrs held
Af Realty LLC
since 2012
5 recorded transactions
Zoning & alternative use
B-TC · Newington, 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 Newington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Newington 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
$6,973
Tax year 2023
Assessed value
$181,790
Assessed 2023
Previous assessed
$181,790
+0.0% YoY
Effective rate
3.84%
On assessed value
Assessed land
$89,250
Assessed improvement
$92,540
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1950
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
1
Total area
1,308 SF
Lot
0.18 ac (7,841 SF)
Zoning code
B-TC
APN
NEWI M:10 B:647 L:0
UPID
US15-0203200
Jurisdiction
NEWINGTON
Zoning & alternative use
B-TC · Newington, CT
Zoning B-TC · permitted uses
B-TC · Newington, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Newington. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1950
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
1
Lot
0.18 ac
Current owner
From public records · entity-resolved
Af Realty LLC
Entity
Mailing address
59 E CEDAR ST, NEWINGTON, CT 06111-2533
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 20, 2021
—
Af Realty LLC
—
Deed
related
$235,000 · Td Bank NA
Jun 7, 2012
$350,000
Af Realty LLC
Finkelstein,marc B
Warranty Deed
$297,500 · Bank Of America
Jun 7, 2012
—
Af Realty LLC
—
Deed Of Trust
related
$52,500 · Bank Of America
Jul 1, 1998
—
Marc B Finkelstein
—
Deed Of Trust
related
$150,000 · Equity Bank
Nov 21, 1994
$110,600
Marc B Finkelstein
Horwitz Sydney J Est
Grant Deed
$151,951 · Zenon Grzybowski
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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