Search
Mixed-Use Development with Parking
For Sale
Contact for pricing
Pending

2 Howe St, New Haven, CT 06511

Leasehold interest combines hospitality, office, retail, and structured parking under an absolute NNN lease.

Property SizeContact for details
Days on Market143

Property Features for 2 Howe St

General Information

Standard status Pending
Total Parking Spaces 970
Property subtype Office, Mixed Use, Land

Building Details

Buildings 3
Tenancy Single
Owner Occupied No
Listing Agency: SRS Real Estate Partners Newport Beach
Listed By: John Redfield · License #CA 01928036
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 11:34PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SRS Real Estate Partners Newport Beach

Investment Insights

Based on property information with market context.

The leasehold interest encompasses a six-story parking structure, a hotel, and a three-story office building with first-floor retail. The parking facility contains 970 stalls within 307,092 SF, while the hotel provides 24 keys across 26,395 SF. The office component totals 62,087 SF. The property operates under a guaranteed absolute NNN lease with Yale-New Haven Hospital, Inc., supported by 2% annual increases.

The 50-year prepaid ground lease has over 43 years remaining. More than 18 years remain in the initial lease term, followed by two 5-year options and two additional 7.5-year options. The property is located at 2 Howe St in New Haven, Connecticut, within walking distance of Yale-New Haven Hospital and in close proximity to Yale University.

Key Highlights

  • 970‑stall parking structure totaling 307,092 SF
  • 24‑key hotel containing 26,395 SF
  • Three‑story office building with 62,087 SF and first‑floor retail

Property Analytics

Current Use

Work Hard Dress ... Clothing Store Feury Image Group (Bike/Boat/Book/etc) Store FedEx Drop Box Postal Service Executive Cleaners (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Electrical Service Butcher Accounting Firm Fish Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

8,448
Businesses Nearby

Demographics for 06511, CT

55,879
Population
24,579
Households
2.3
Avg Household Size
29
Median Age
48%
College-Educated
91%
High-School Grad
5.8 sq mi
ZIP Area
9,634
Density / Sq Mi
$56,300
Median Household Income
$34,409
Median Earnings
$1,534
Median Rent
$313,400
Median Home Value

Market

Vacancy Rate% for Office in New Haven, CT

11.9% 2019
12.4% 2020
17.7% 2021
18.8% 2022
18.7% 2023
16.5% 2024
17.2% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Mixed-use property - Leasehold interest combines hospitality, office, retail, and structured parking under an absolute NNN lease.
Where is this mixed-use property located?
The property is located at 2 Howe St New Haven, CT.
What are key features of this property?
This property features: 970‑stall parking structure totaling 307,092 SF; 24‑key hotel containing 26,395 SF; Three‑story office building with 62,087 SF and first‑floor retail
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message