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62 Washington Street

Off-Market

62 Washington Street, Middletown, CT 06457

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  • Property Type Office - General Office
  • Property Size 27,140 SF
  • Lot Size 0.43 Acre
  • Property Tenancy Multi-Tenant
  • Building Class C
  • Year Built 1890

Location

  • City Middletown, CT
  • Neighborhood Middletown
  • Zip Code 06457
  • Market Bridgeport New Haven

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • Purchase Date 07 Nov, 2018
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Amount
  • Loan Origination Date

Market Trends

Average Actual Rents in Middletown

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Middletown Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2020 Avg. Asking Rent $21.02
  • 2020 Office Vacancy Rate 7.10%
  • 2020 Office Completions (SF)
View more Middletown market trends

Tax

  • Property Tax in 2021 $33,457
  • Market Value* $1,086,257
  • Assessed Value $1,086,257

Find more tax info, including assessment history and abatements, on CommercialEdge

*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.

Frequently Asked Questions

What is the total square footage of 62 Washington Street?

62 Washington Street totals 27,140 square feet.

When was this property built?

62 Washington Street was built in 1890.

When was 62 Washington Street last sold?

62 Washington Street was last sold on 07 Nov, 2018.

What is the property tax for 62 Washington Street?

The property tax for 62 Washington Street in 2021 was $33,457.

What is the market value for 62 Washington Street?

The market value* for 62 Washington Street in 2021 was $1,086,257.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

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