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Property profile & analytics
OFF-MARKET
Estimated value
$605,000
Showrooms
754 Chapel St New Haven, CT 06510-9992
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US15-1244071
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1900
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
3,959 SF
Lot
0.06 ac (2,550 SF)
Zoning code
BD
APN
NHVN M:240 B:0236 L:01400
UPID
US15-1244071
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
-
United States Postal Service Logistics Service Money Order Service
-
BuffTutor - University Tutors In New Haven Tutoring Service
-
STERNWEB (Superior street mechanic) Auto Repair Shop Motorcycle Shop
-
Chabad of Downtown New Haven Charitable Organization Social Service Agency
-
Superior Street Mechanic Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$375k
CAP Approach
CAP
$840k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$605k
Owner & transaction history
Perry Ventures LLC · 6 yrs held
Perry Ventures LLC
since 2020
7 recorded transactions
Zoning & alternative use
BD · New Haven, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
This district comprises the main downtown section of the city, known in planning terms as the Central Business District. Here are concentrated activities that have primarily a citywide and regional function: large stores offering comparison shopper's goods, specialty stores, business services, banks, offices, theaters, hotels and government buildings
Zone name
Central Business
General category
CIVIC_INSTITUTIONAL
Zone area
105.57 ac
Source
Realmo
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 New Haven submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs New 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
$375,000
CAP Approach
CAP Return
Estimation
6%
$910,000
6.5%
$840,000
7%
$780,000
Blend value · Realmo final
$605k
Range $545k – $666k · ±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
$153 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$19,045
Tax year 2023
Assessed value
$484,120
Assessed 2023
Previous assessed
$484,120
+0.0% YoY
Effective rate
3.93%
On assessed value
Assessed land
$309,890
Assessed improvement
$174,230
Applied tax rate
306.0000
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1900
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Buildings
1
Stories
3
Units
3
Total area
3,959 SF
Lot
0.06 ac (2,550 SF)
Zoning code
BD
APN
NHVN M:240 B:0236 L:01400
UPID
US15-1244071
Jurisdiction
NEW HAVEN
Zoning & alternative use
BD · New Haven, CTZoning BD · permitted uses
BD · New Haven, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
This district comprises the main downtown section of the city, known in planning terms as the Central Business District. Here are concentrated activities that have primarily a citywide and regional function: large stores offering comparison shopper's goods, specialty stores, business services, banks, offices, theaters, hotels and government buildings
Zone name
Central Business
General category
CIVIC_INSTITUTIONAL
Zone area
105.57 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1900
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Stories
3
Buildings
1
Units
3
Lot
0.06 ac
Current owner
From public records · entity-resolved
Perry Ventures LLC
Entity
Mailing address
2 CTR PLZ STE #700, BOSTON, MA 02108-1906
Ownership since
2020
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
May 1, 2024
—
Bc Chapel St LLC
—
Deed
related
$2,000,000 · New Haven, City Of
Jun 2, 2020
—
Bc Chapel Street LLC
—
Deed
related
$6,242,640 · Massachusetts Hsng Inv Corp
May 8, 2020
—
Perry Ventures LLC
Bassett Bldg LLC
Warranty Deed
—
Nov 2, 2006
—
Bassett Building LLC
—
Deed Of Trust
related
$2,000,000 · Naugatuck Valley Sla
Feb 17, 2006
$490,000
Bassett Building LLC
Martel Inv Gourp LLC
Warranty Deed
$390,000 · Naugatuck Valley Sla
Feb 9, 1995
$240,000
Martel Inv Group LP
Metro Control Co
Warranty Deed
—
Feb 17, 1988
$400,000
Metro Control Co
Germaine,audrey
Grant Deed
$320,000 · Zenon Grzybowski
—
—
Bc Chapel Street LLC
—
Deed Of Trust
related
$6,242,640 · Massachusetts Hsng Inv Corp
—
—
Bassett Building LLC
—
Loan Modification
related
$340,035 · Naugatuck Vly S&l
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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