232 MAIN ST. ANSONIA, CT 8 UNITS 232 MAIN ST.
ALPHA CAPITAL REALTY TEAM
ANTHONY DELORENZO Broker / Managing Director anthony@alphacapitalrealty.com 203-814-7387 JUSTIN SUDOL Commercial Real Estate Advisor justin@alphacapitalfunds.com 203-980-6412 JAKE SMITH Commercial Real Estate Advisor jake@alphacapitalrealty.com 201-694-7540 JOSEPH MATTA Commercial Real Estate Advisor joematta@alphacapitalrealty.com 845-803‑3674
ZACHARY PINTO Associate Director zachary@alphacapitalrealty.com 203-816-7926 SEBASTIAN OSORIO Commercial Real Estate Advisor sebastian@alphacapitalrealty.com 203-583-5643 JAY OSORNO Commercial Real Estate Advisor jay@alphacapitalrealty.com 203-928‑9911
TYLER SMITH CEO & Founder tyler@alphacapitalfunds.com
JOE IRELAND Commercial Real Estate Advisor joe@alphacapitalfunds.com 475-447-1792 MICHAEL TREVISO Commercial Real Estate Advisor michael@alphacapitalrealty.com 860-402-7217 ANDRE DACRUZ Commercial Real Estate Advisor andre@alphacapitalfunds.com 203-258-6247 REIGN KINSELEY Commercial Real Estate Advisor reign@alphacapitalfunds.com 203-722-1044
ACACIO DA SILVA FERREIRA Commercial Real Estate Advisor acacio@alphacapitalrealty.com 203-615-1557
DUSTIN DELEO Commercial Real Estate Advisor dustin@alphacapitalrealty.com 203-969-4585
Alpha Capital Realty has been engaged by the property owner to market this asset for sale. All information contained herein has been obtained from sources believed to be reliable; however, Alpha Capital Realty makes no representations or warranties, express or implied, as to the accuracy or completeness of such information. All figures — including but not limited to age, square footage, income, expenses, and other property- specific details — are approximate. Any opinions, projections, or estimates included are for illustrative purposes only and may be based on assumptions or criteria different from those used by a prospective buyer. Buyers are encouraged to conduct their own independent due diligence and rely solely on the results of their investigation. All information is subject to change without notice. DISCLAIMER
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$1,600,000 LIST PRICE
$134,584 NET OPERATING INCOME
8.50% CAP RATE
$200,000 PRICE PER UNIT
$115.37 PRICE PER SQ FT
13,869 SQUARE FEET
232 Main St.
UNITS 8
BEDROOMS 12
BATHROOMS 11
232 Main Street is a mixed-use investment property consisting of 8 total units, including 1 commercial storefront and 7 residential apartments. The residential unit mix consists of (5) two-bedroom units and (2) one-bedroom units, offering an attractive layout for both tenant demand and long-term stability. The property has undergone unit-level renovations along with significant capital improvements, reducing near-term maintenance and providing investors with a well-positioned asset. PROPERTY OVERVIEW
Property Details
PROPERTY ADDRESS NUMBER OF UNITS YEAR BUILT Property Size PARKING
232 Main St. Ansonia, CT 8 1860 0.16 acres Public and 4 Parking Spots
Building Construction EXTERIOR Brick and Frame
Building Utilities
WATER/SEWER HEATING TYPE HOT WATER TYPE
Owner’s Responsibility Radiator / Hot Water
Gas
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ACCESS & CONNECTIVITY Highway Access
Immediate access to Route 8, connecting Ansonia to Derby, Shelton, Waterbury, and Interstate 84 Convenient proximity to Route 34 for east-west travel across the Naugatuck Valley Train / Rail Metro-North Waterbury Line available at the Ansonia Train Station, providing direct access to Waterbury and connections to New Haven and New York City Airports Tweed New Haven Airport (HVN) – approximately 25 minutes Bradley International Airport (BDL) – approximately 50 minutes Public Transportation Served by CT Transit bus routes, providing regional connectivity throughout the Valley and surrounding towns
AREA AMENITIES & DEMAND DRIVERS Ansonia offers a blend of urban convenience and outdoor recreation, making it attractive for long-term tenants. Nearby Amenities Include: Downtown Main Street retail, restaurants, and local businesses Naugatuck River Greenway and nearby parks Nolan Field and community recreational facilities Shopping and dining options in neighboring Derby and Shelton Access to grocery stores, pharmacies, and essential services within minutes
NEARBY EMPLOYERS & ECONOMIC DRIVERS
The property is strategically located near a diverse employment base in the Lower Naugatuck Valley and Greater New Haven, anchored by major healthcare systems, aerospace manufacturing, local industrial employers, and public sector institutions.
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INCOME & EXPENSES
INCOME
CURRENT
PROFORME
GROSS POTENTIAL RENT
$12,500
$15,900
VACANCY RATE (%)
5%
5%
EFFECTIVE GROSS REVENUE
$11,875/ month
$15,105/ month
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INCOME & EXPENSES
Monthly Operating Expenses
As Is
Pro Forma
$1,217.75
TAXES
$1,217.75
$600.00
INSURANCE
$600.00
$400.00
WATER/SEWER
$400.00
$400.00
HEAT
$400.00
$593.75 (5%)
REPAIRS/MAINT
$755.25 (5%)
TOTAL EXPENSES
$3,611.50
$3,773.50
Monthly Operating Expenses
Pro Forma
$99,162.00
NOI
$135,984.00
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RENT ROLL
Unit Number
Size
Current Rent
Pro Forma
2
1
$1,200.00*
$2,100.00
2
2
$1,800.00*
$2,100.00
2
3
$1,800.00
$2,100.00
2
4
$1,400.00
$2,100.00
2
5
$1,500.00
$2,100.00
1
6
$1,400.00*
$1,700.00
1
7
$1,150.00
$1,700.00
Commercial
$2,500.00
$3,000.00
Total
12
$12,750.00
*Currently Vacant
LOCATION OVERVIEW
Ansonia is a small city located in the Lower Naugatuck Valley region of New Haven County, Connecticut, offering a compelling mix of affordability, commuter access, and stable residential demand. Historically rooted in manufacturing and industrial production, Ansonia has evolved into a primarily residential community supported by healthcare, education, local manufacturing, logistics, retail, and public-sector employment. Its proximity to employment hubs such as New Haven, Shelton, Derby, and Bridgeport helps sustain consistent rental demand from working households, commuters, and long-term residents. The city benefits from strong regional connectivity via Route 8, providing direct north–south access to the greater New Haven and Waterbury markets, as well as connections to I-95 and I-84. This accessibility makes Ansonia an attractive option for residents seeking lower housing costs while remaining within reasonable commuting distance of major job centers. Local amenities— including neighborhood retail corridors, parks, schools, and healthcare facilities—support daily needs and contribute to steady housing demand. From an investment perspective, Ansonia stands out for its favorable pricing relative to surrounding Connecticut markets. Small- and mid-sized multifamily properties are commonly available at entry points that allow for meaningful cash flow, particularly when paired with light to moderate value-add strategies. A high proportion of renter households, combined with limited new housing supply, supports consistent occupancy and predictable income streams for well-managed assets. While portions of Ansonia’s housing stock are older and may require capital improvements, properties that feature updated systems, functional layouts, and modern finishes tend to perform well. Investors employing disciplined underwriting, targeted renovations, and professional management often benefit from stable returns, reduced vacancy risk, and gradual appreciation. Overall, Ansonia represents a solid residential investment market within the Lower Naugatuck Valley—anchored by its affordability, commuter access, and enduring demand for quality rental housing.
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Metric
Value
Ansonia, CT
Total Population
18,951
Employed Population
10,067
Total Households
7,455
Avg. Household Size
2.5
Median Household Income 80,585
Per Capita Income
45,144
Estimated Poverty Rate 8.55
Population Density
3,170
94 , 000+ PEOPLE WITHIN 5 MILES
$ 103 , 000+ AVERAGE HOUSEHOLD INCOME
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