481 Park AveEast Hartford, NY 06108

Property Details for 481 Park Ave

Year built

1973

Construction

FRAME

Lot size

0.24 AC

Property size (Sq ft)

2,500 SF

Zone code

B-3

Property type

Showrooms

APN

EHAR M:37 L:32

APU

EHARM37L32

Description

This exceptional 873-square-foot retail storefront is ideally situated on Park Avenue in East Hartford, Kings County, New York, at 481 Park Ave, zip code 06108. The property offers a single-tenant occupancy opportunity, presenting a blank canvas for a variety of businesses. Its versatile layout makes it suitable for a diverse range of uses, including but not limited to retail establishments, tax offices, general office spaces, spas, hair salons, or boutiques. The entire 873 square feet is currently vacant and ready for immediate occupancy. This prime location on Park Avenue offers excellent visibility and accessibility, ensuring high foot traffic and potential for strong business growth. The property is located within Kings County, providing access to a thriving community and established infrastructure. This is a rare opportunity to secure a highly desirable commercial space in a vibrant area. Don't miss out on this chance to establish your business in a prime location. The property is available for immediate lease. Contact us today to schedule a viewing and explore the possibilities.

• CAP approach

  CAP return

  Valuation

  6%

  $607,587

  6.5%

  $560,850

  7%

  $520,789

• Comparable approach

  Method

  Valuation

  Relative Method

  $823,158

  Geo Method

  $823,158

• Alternative Use

  Use

  Valuation

  Residential

  $473,098

  Hospitality

  $433,355

  Educational

  $360,546

  Medical

  $372,946

  Retail

  $560,850

Location Insight

City

East Hartford

County

Hartford

State

Connecticut

Latitude

41.7829

Longitude

-72.6149

CBSA code

25540

CBSA name

HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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