Second-Floor Office
For Sale
Contact for pricing
334 Main St Fl 2nd, West Haven, CT 06516
Professional office space with updated HVAC, upgraded electrical, and separately metered utilities in a downtown setting.
Property Size4,396 SF
Price / SF$0.57
Days on Market52
Property Features for 334 Main St Fl 2nd
General Information
Standard status
Active
Size
4,396 SF
Site & Location
Highway Access
Yes
Utilities to Site
Yes
Additional Details
Floor
2
Building Details
Year Built
1950
Listing Agency:
Carbutti & Co., Realtors
Listed By:
Nicholas Tarquino (203) 710-6157 (203) 269-4910 · License #RES.0817562
(203) 710-6157
Source:
Sunsetcreekrealty
Added: Aug 31
Changed: Oct 3
Last Checked: Oct 19 at 6:58AM
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 Carbutti & Co., Realtors
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Investment Insights
Based on property information with market context.
The second floor at 334 Main Street provides 4,396 square feet of professional office space within a 1950 building. The suite was most recently occupied by law offices and includes building improvements such as an updated HVAC system and upgraded electrical service. Utilities are separately metered for the second-floor premises.
The property sits across from City Hall in downtown West Haven, with restaurants, retail businesses, professional offices, and other downtown amenities nearby. Access to I-95 and Downtown New Haven supports convenient travel for employees and visitors. The space is positioned for a range of professional office uses, including legal, accounting, insurance, consulting, real estate, and administrative operations.
The property sits across from City Hall in downtown West Haven, with restaurants, retail businesses, professional offices, and other downtown amenities nearby. Access to I-95 and Downtown New Haven supports convenient travel for employees and visitors. The space is positioned for a range of professional office uses, including legal, accounting, insurance, consulting, real estate, and administrative operations.
Key Highlights
- 4,396 SF of second‑floor office space
- Updated HVAC system and upgraded electrical
- Utilities separately metered for the second‑floor space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$66,673
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,333,460
$1.3M
Cap Rate 7%
$952,471
$952.5K
Cap Rate 9%
$740,811
$740.8K
Market Conditions
NOI Build-Up for 4,396 SF
Gross rent
$116.1K $26.40/SF
− Vacancy
−$27.2K −$6.18/SF
EGI
$88.9K $20.22/SF
− OpEx
−$22.2K −$5.06/SF
NOI
$66.7K $15.17/SF
Area
New Haven, CT
Vacancy
23.40%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,333,460
Cap Rate 7%
$952,471
Cap Rate 9%
$740,811
Alternative Uses
Best Use
Office B
$952.5K
$833.4K – $1.11M
NOI $66,673 @ 7.0% cap · market cap 2,666.92%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.41M
$1.24M – $1.65M
NOI $98,986 @ 7.0% cap · market cap 3,959.44%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,310
Businesses Nearby
Explore this area
Business Placement
Demographics for 06516, CT
55,584
Population
21,884
Households
2.5
Avg Household Size
38
Median Age
29%
College-Educated
88%
High-School Grad
10.8 sq mi
ZIP Area
5,147
Density / Sq Mi
$73,566
Median Household Income
$41,123
Median Earnings
$1,389
Median Rent
$265,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - Professional office space with updated HVAC, upgraded electrical, and separately metered utilities in a downtown setting.
Where is this office unit located?
The property is located at 334 Main St Fl 2nd West Haven, CT.
What are key features of this property?
This property features: 4,396 SF of second‑floor office space; Updated HVAC system and upgraded electrical; Utilities separately metered for the second‑floor space
