Lomas Nettleton Building | 130 Court St
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Lomas Nettleton Building 130 Court St
22,000 SF 99% Leased Office Building New Haven, CT 06511 $4,000,000 ($182/SF) 6.83% Cap Rate
Investment Highlights
- Heavy Daytime Foot Traffic
- Mixed use 97% leased with strong leases
- Located Heart of Downtown
Executive Summary
Historic Lomas Nettleton Building in the heart of Downtown New Haven. The building is in excellent condition and in a great loaction. It is right across the street from the Federal Building, City Hall and the Post Office. Two minute walk to New Haven Town Green. 97% leased with strong leases and excellent longterm tenants. Over $200,000 in capital improvements made since 2022.
Data Room Click Here to Access
- Market Information
- Operating and Financials
Financial Summary (Pro forma - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro forma - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Building Size
22,000 SF
Building Class
C
Year Built
1979
Price
$4,000,000
Price Per SF
$182
Cap Rate
6.83%
NOI
$273,205
Percent Leased
99%
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
7,205 SF
Building FAR
2.20
Land Acres
0.23 AC
Zoning
BD1 - Business D-1 Districts—Central Business/Residential.- Historic Downtown districts suitable for both residential and commercial use.
Amenities
- 24 Hour Access
- Accent Lighting
- Storage Space
- Atrium
- Basement
- Central Heating
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
Shared work space with private office, shared conference room, kitchen, 2 bathrooms. Elevator building.
| Space | Size | Space Use | Condition | Available |
| 3rd Fl-Ste 302 | 250 SF | Office | Full Build-Out | Now |
3rd Fl-Ste 302
| Size |
| 250 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
3rd Fl-Ste 302
| Size | 250 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
Shared work space with private office, shared conference room, kitchen, 2 bathrooms. Elevator building.
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Walk Score ®
Walker's Paradise (98)
Transit Score ®
Excellent Transit (78)
Bike Score ®
Biker's Paradise (98)
PROPERTY TAXES
| Parcel Number | NHVN-000240-000256-000600 | Total Assessment | $1,471,260 |
| Land Assessment | $382,340 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $1,088,920 | Tax Year | 2024 Payable 2024 |
PROPERTY TAXES
Parcel Number
NHVN-000240-000256-000600
Land Assessment
$382,340
Improvements Assessment
$1,088,920
Total Assessment
$1,471,260
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024 Payable 2024
-
Jennifer Lynne Lariccia -
Coldwell Banker Commercial Realty
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Lomas Nettleton Building | 130 Court St
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