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    59 Elm St New Haven, CT 06510

    For Lease
    $19 SF/Yr ($4,750 /Mo)

    Five-story office building near New Haven Green and Yale University.

    Property size:
    3,000 SF
    Lot size:
    0.58 Acres

    Property Features for 59 Elm St

    General Information

    Size
    3,000 SF
    Lot size
    0.58 Acres

    Source: Cushman & Wakefield | Hartford Agent Evan O'Brien

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Office Building Near Yale

    This is a five-story, 110,370-square foot, renovated brick and glass office building. It is located one block from the New Haven Green, close to City Hall, Yale University, the court houses, and multiple restaurants. The building features an on-site gourmet coffee and sandwich shop, shoe shine and repair service, temperature controlled storage, a yoga studio, and a travel agency. There are also two ATMs in the building. It is very close to the new State Street train station and an easy walk to shops, banks, restaurants, and the historic New Haven Green. On-site parking is available for a monthly fee. The landlord can provide parking spaces per leased square footage. Tenant improvement allowance is available.
    Location Intelligence

    Current Use by Public Records

    The Law Office of Christopher ... Attorney Faxon Law Group Attorney Noble House Media Internet Marketing Service Faxon Law Group, ... Attorney Law Offices of Anne ... Law Firm

    Suggested Use

    Realty agency Spa & Massage Restaurant Dental Office Hair Salon Law Firm Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New Haven
    County
    New Haven
    State
    Connecticut
    Longitude
    -72.922974
    Latitude
    41.3078602

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    FAQs

    What type of property is this?
    Office building - Five-story office building near New Haven Green and Yale University.
    Where is this office building located?
    The property is located at 59 Elm St New Haven, CT.
    What is the lease rate?
    The lease rate is $19 SF/Yr.
    What are key features of this property?
    This property features: - Prime location: One block from New Haven Green, close to City Hall, Yale University, court houses, and restaurants.; - Proximity to transportation: Very close to the new State Street train station.; - Enjoy on-site amenities: Gourmet coffee/sandwich shop, shoe shine/repair service, temperature controlled storage, yoga studio, and travel agency.
    (860) 249-0900
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    59 Elm St New Haven, CT 06510
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