698 BANK ST
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Location
698 BANK ST
City, State, Zip
NEW LONDON, CT 06320
Mblu
E14/ 110/ 1/ 4 /
Acct#
4321
Owner
SHIFF NEW Q LLC
Total Market Value
$3,466,900
Appraisal
$4,952,600
PID
4321
Building Count
1
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2024$4,068,800$883,800$4,952,600
Assessment
Valuation YearImprovementsLandTotal
2024$2,848,200$618,700$3,466,900

Owner of Record
OwnerSHIFF NEW Q LLC
Co-Owner
Address2222 AVE OF THE STARS #1902
LOS ANGELES, CA 90067
Sale Price$7,830,000
Certificate
Book & Page 2359/308
Sale Date10/30/2020
Instrument00

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
SHIFF NEW Q LLC$7,830,000 2359/3080010/30/2020
NEW LONDON BANK STREET LLC$6,433,333 1860/01982512/03/2009
698 BANK STREET LLC$1,100,000 1707/02092403/27/2007
AUTOWERKES MANAGEMENT LLC$0 1592/01822511/21/2005
AUTOWERKES MANAGEMENT CO$0 0449/0190 01/01/1700

Building Information
Building 1 : Section 1
Year Built: 2008
Living Area: 14,206
Replacement Cost: $2,800,689
Building Percent Good: 140
Replacement Cost
Less Depreciation:
$3,921,000
Building Attributes
FieldDescription
Style:Pharmacy
ModelCommercial
GradeGood
Stories:1
Occupancy1.00
Exterior Wall 1Brick Veneer
Exterior Wall 2 
Roof StructureFlat
Roof CoverTar & Gravel
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1Vinyl/Asphalt
Interior Floor 2 
Heating FuelGas
Heating TypeForced Air-Duc
AC TypeCentral
Bldg UseRETAIL
Total Rooms 
Total Bedrms 
Total Baths 
Conv Type 
1st Floor Use: 
Heat/ACHEAT/AC PKGS
Frame TypeSTEEL
Baths/PlumbingAVERAGE
Ceiling/WallSUS-CEIL & WL
Rooms/PrtnsAVERAGE
Wall Height14.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 14,206 14,206
CANCanopy 468 0
   14,674 14,206

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
DUW3W/PNEU TUBE1.00 UNITS$30,0001
SPR2WET/CONCEALED14206.00 S.F.$17,0001
DUW1DRIVE-UP WINDW1.00 UNITS$10,0001

Land
Land Use
Use Code3224
DescriptionRETAIL  
ZoneC-1
NeighborhoodBNK2
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)1.47
Frontage0
Depth0
Total Market Land$618,700
Appraised Value$883,800

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
PAV1PAVING-ASPHALT  40000.00 S.F.$78,0001
PAV2PAVING-CONC  2000.00 S.F.$6,8001
LT1LIGHTS-IN W/PL  11.00 UNITS$6,0001
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2025$4,068,800$883,800$4,952,600
2024$4,068,800$883,800$4,952,600
2023$4,068,800$883,800$4,952,600

Assessment
Valuation YearImprovementsLandTotal
2025$2,848,200$618,700$3,466,900
2024$2,848,200$618,700$3,466,900
2023$2,848,200$618,700$3,466,900

Regarding Parcel: Mblu : E14/ 110/ 1/ 4 / Location : 698 BANK ST

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