Price Upon Req.20 acres
Bankruptcy Auction - United States Bankruptcy Court District of Connecticut In Re: THE STANDARD BEEF COMPANY · Case # 08-30377 (JAM) 14.5% or 48.7% of Stock in Land Hold Company That Owns 20+ Acres Directly on I-95 - Extraordinary Redevelopment Opportunity "The New Haven Food Terminal" - Improved with Bank, Gas Station, Hotel, Theater, Industrial Buildings & More Details: Keith Lowey, as the Inter-Creditor Appointed Agent (the "ICAA") of The Standard Beef Company (the "Debtor") bankruptcy is selling the Debtor's main asset consisting of 650 shares (14.5%) in a land holding company known as New Haven Food Terminal, Inc. (the "NHFT""). The ICAA has entered into option agreements with several other shareholders of the NHFT whereby said shareholders have granted the ICAA the option to purchase an additional 1,530 shares as part of this auction process. The 650 shares and the 1,530 shares under option agreement collectively total 2,180 shares (48.7%) and referred to as the pooled shares (the "Pooled Shares"). Underlying Asset of the New Haven Food Terminal Inc. is 200-400 Sargent Drive, New Haven, CT 06511
2-story commercial office building located on Whalley Ave in New Haven. First floor occupied by Wells Fargo bank, NNN lease, long-term remaining. Second floor perfect for owner/user. Great location, large parking lot, NNN credit tenant.
Magnificent and elegant, this three-story marble former bank building offers approximately 12,000 sf ground floor retail or office space. Approximately 11,000 sf of office space on 2nd & 3rd floors. Enormous basement with high ceilings provides excellent storage capabilities. This building is also a conversion opportunity since it sits in the central business district. Situated at the corner of Church and Crown Streets, the property is convenient to all the area's amenities. Located in the heart of the downtown financial and entertainment district, it is in close proximity to federal and state courthouses, Yale University, across from Gateway Community College, and located near I-91 and I-95. Exterior has undergone facade restoration. interior must be seen.
Turnkey - Corner Brick Mixed Use Building: Consists of 6 Units (4 - 2 Bedroom apartments and 2 Retail/Restaurant) in addition to 1 Large Garage and 2 Storage Units (inside the court yard). Replacement Thermal Windows, Separate Tenant paid utilities with Updated Electric and Some updated Gas Boilers and hot water heaters. 4 Updated Kitchens and Baths. Retail leases include Convenience Store / Deli (Restaurant in the past) and Long Term Liquor Store. Additional 1020 Sq.Ft. and Income from Garage and Storage Rental. Upside Rent Potential. Liquor Store Lease with Rapid yearly increases soon to be $1000/mo for a CAP RATE of 10.6%
3 separate apartment complexes, 31 Units. Newer constructions, 1986 and later. Upside Rent Potential w/ PROJECTED 8.5% CAP AND 15.9% ROI Remodeled Kitchens and Baths 1263 Chapel Street, New Haven: 12 two bedroom units - 1986 Construction Excellent Location! Steps away from Yale All separate tenant paid utilities Significant Upside Rent Potential Possible to add 3 or 4 units in basement area Laundry In Basement Gas heat, electric hot water Vinyl Windows and Siding, Maple Kitchen Cabinets 46 Orchard Street, New Haven: 4 Buildings-1989 Construction 10 spacious townhouse style units w/ full basements (3br 1.5 Bath) Just blocks from Yale/New Haven Hospital 16 parking spaces Possible to convert to separate utilities Vinyl Windows and Siding, Maple Kitchen Cabinets 258 Fairmont Ave, New Haven: 2 Buildings-9 units. Blend of ranch and townhouse style units - 1990 Construction 4 three bedroom units and 5 two bedrooms Private landscaped park-like setting Each unit has either patio or porch 15 parking spaces All separate entrances Separate tenant paid utilities (gas heat/hot water) in each unit
Built in the 60's these 8- 2 story buildings consist of 34 Two-Bedroom Townhouses on 1.49 acres. Brick with aluminum siding, every unit has hardwood floors & a full basement w/ W&D hook-ups. Tenants pay all utilities. There is ample off street parking for residents. Glen Haven has a consistently high occupancy with a waiting list looking for a vacancy. A partial list of upgrades include solar attic fans in all units, circuit breakers, 50% tile baths, updated kitchens, master keyed, 5 newer roofs, 50% of boilers replaced as well as 80% of h/w heaters. Contact Listing Agent for all improvements, updates & interior pictures.
3,266 SF Former garage available for lease or sale Clear span/ possible mezzanine 2nd floor Possible auto use, tire shop, laundromat, church 16' High ceilings for 2nd Floor mezzanine Plenty of off street paring in urban neighborhood
Excellent Cash Flow. Mixed-Use Office/Multifamily opportunity. Stable, updated building with beautiful detail, character and charm. Across from Yale New Haven Hospital. Annual Income $50,412 with upside potential. Cap Rate Actual 8.4% & ROI 11.7%. Built circa1900 was completely remodeled & renovated in 2004-2005, in 2012 it was completely vinyl sided. 2.75 story, it has a first floor office & apartment with second and third level residential apartment. Detached 2 car garage with each bay offered for rent at $100 monthly. Abundant Off Street Parking. Tenants pay all utilities. Windows are double hung, thermopane replacement type. Doors are solid wood with glass panels.Interior design hardwood floors. Heat is gas. Central Alarm system. AC on 1st and 2nd levels. Three meters 400 amps circuit. breaker.
Two buildings sitting on 5 parcels in totaling .69 Acres, This property has great potential to become part of the Yale New Haven Community. Please contact agent Mike Boyarsky for more information. Sale includes all 5 Parcels- 197, 199, 205, 209 & 213 Davenport. MLS # N10022622