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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

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
Office/Residential
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
Lot Size
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
  • 3rd Fl-Ste 302
  • 250 SF
  • Office
  • Full Build-Out
  • Now

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.

Walk Score ®
Walker's Paradise (98)
Transit Score ®
Excellent Transit (78)
Bike Score ®
Biker's Paradise (98)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

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
  • Listing ID: 33367907

  • Date on Market: 10/1/2024

  • Last Updated:

  • Address: 130 Court St, New Haven, CT 06511

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