1. Connecticut
  2. New Haven
  3. 430 Forbes Avenue
$3,950,000

430 Forbes Avenue, New Haven, CT 06512

  • 2,600 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1982
  • Property Lot Size Icon0.35acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $1,519/sqft
  • Property List Date Icon Listed 9 days ago

Property Description

Positioned on a prominent corner lot, this freestanding commercial building is leased to Citizens Bank, a long-term tenant. The property generates approximately $65,000 in gross annual income with minimal operating expenses, offering a strong return and reliable cash flow. This asset is being sold as part of a two-property investment portfolio, which also includes 70 Washington Avenue, North Haven (MLS #24113655). The portfolio is being offered as a single transaction; the listed price reflects the total for both properties. This is a rare opportunity to acquire a fully leased, income-producing portfolio with established tenants and strong locations.

Listing Status:
Active
Date Added:
July 22, 2025 at 06:42PM
Listing Office:
Calcagni Real Estate : (203) 265-1821
Listing Agent:
Lawrence Madow : (203) 265-1821
MLS ID:
24113698
  • General: Security System
  • A/C: Central Air
  • Heating: Hot AirNatural Gas

This listing courtesy of Lawrence Madow, Calcagni Real Estate

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

B

Benjamin Jepson Magnet School

15 Lexington Ave, New Haven, CT, 06513

Grades PK-8

0.68 miles away

B

Benjamin Jepson Magnet School

15 Lexington Ave, New Haven, CT, 06513

Grades PK-8

0.68 miles away

M

Metropolitan Business Academy

115 Water St, New Haven, CT, 06511

Grades 9-12

1.49 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.