NOMADEReal Estate

$695,000

Under Contract

430 Forbes Avenue

New Haven, Connecticut, 06512 · New Haven County

2,600

Sq Ft

1982

Built

MLS # 24113698

Price / Sq Ft

$267

Property Type

Commercial For Sale

Lot Size

0.35

Class

Property

About This Property

Positioned on a prominent corner lot, this freestanding commercial building is leased to Citizens Bank, a long-term tenant. The property generates approximately $68,000 in gross annual income and it is escalating to $70000 in June 2026, with minimal operating expenses, offering a strong return and reliable cash flow.

Property Details

430 Forbes Avenue, New Haven Connecticut 06512 — Commercial For Sale listed at $695,000.

At a Glance

--

Bedrooms

--

Bathrooms

2,600

Sq Ft

0.35

Lot Size

--

Garage

1982

Year Built

The Details

Property TypeCommercial For Sale
NeighborhoodNew Haven
Address430 Forbes Avenue
MLS Number24113698
Year Built1982
Square Footage2,600
Lot Size0.35
Water SourcePublic Water Connected

Property Details

Financial

Assessed Value491330
Mil Rate Total39.4
Property Tax19358
Tax YearJuly 2025-June 2026

Property Features

Cooling SystemCentral Air
Foundation TypeSlab
Heat Fuel TypeNatural Gas
Heat TypeHot Air
Interior FeaturesSecurity System
Roof InformationFlat

Location & Community

DirectionsCorner of Woodward Ave and Forbes Ave
LocationUrban
NeighborhoodN/A

Affordability Calculator

$695,000

Down Payment$139,000
Loan Amount$556,000
Principal & Interest$3,514/mo
Property Tax$695/mo
Insurance$100/mo
Est. Monthly$4,309/mo

Listing Agent

L

Lawrence Madow

Calcagni Real Estate

Contact Lawrence Madow

Fill out the form below and we will respond promptly.

Quick Facts

StatusUnder Contract
TypeCommercial For Sale
ClassProperty
MLS #24113698
Last Updated2026-04-28
430 Forbes Avenue — $695,000 (2,600 sqft) | Nomade Real Estate