BD-Zoned Downtown Office
For Sale
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54 Wall St, New Haven, CT 06511
BD-zoned office building with access to New Haven’s Superior and County court houses.
Property Size9,000 SF
Price / SF$194.75
Days on Market377
Property Features for 54 Wall St
General Information
Standard status
Active
Size
9,000 SF
Property subtype
OFFICE
Zoning
BD
Building Details
Buildings
1
Building Size
9,000 SF
Listing Agency:
Coldwell Banker Realty | Branford
(203) 481-4571
Listed By:
Joe Scarpellino · License #RES.0803802
(203) 623-4422
Source:
Moodyscre
Added: Sep 24, 2025
Changed: Oct 2
Last Checked: Oct 4 at 7:41AM
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 Coldwell Banker Realty | Branford
Investment Insights
Based on property information with market context.
This BD-zoned office building at 54 Wall St in New Haven offers a practical downtown footprint for office users. The property contains 8,986 SF of office space and is positioned for direct day-to-day access to key civic destinations.
The building is in New Haven’s Central Business District (BD) zone. Permitted uses listed include offices, banks, hotels, theaters, specialty stores, business services, and government buildings. Its setting supports accessibility needs, with immediate access to both the Superior and County Court Houses and approximately one block to the historic New Haven Green.
With its central zoning and office-oriented size, the building may fit organizations looking for a location close to government services and downtown activity.
The building is in New Haven’s Central Business District (BD) zone. Permitted uses listed include offices, banks, hotels, theaters, specialty stores, business services, and government buildings. Its setting supports accessibility needs, with immediate access to both the Superior and County Court Houses and approximately one block to the historic New Haven Green.
With its central zoning and office-oriented size, the building may fit organizations looking for a location close to government services and downtown activity.
Key Highlights
- 8,986 SF office building
- BD (Central Business District) zoning
- Permitted uses include offices and government buildings
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$136,289
Cap Rate
7.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,725,780
$2.7M
Cap Rate 7%
$1,946,986
$1.9M
Cap Rate 9%
$1,514,322
$1.5M
Market Conditions
NOI Build-Up for 8,986 SF
Gross rent
$237.2K $26.40/SF
− Vacancy
−$55.5K −$6.18/SF
EGI
$181.7K $20.22/SF
− OpEx
−$45.4K −$5.06/SF
NOI
$136.3K $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%
$2,725,780
Cap Rate 7%
$1,946,986
Cap Rate 9%
$1,514,322
Alternative Uses
Best Use
Office B
$1.95M
$1.70M – $2.27M
NOI $136,289 @ 7.0% cap · market cap 7.79%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.89M
$2.53M – $3.37M
NOI $202,340 @ 7.0% cap · market cap 11.56%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
6,513
Businesses Nearby
Explore this area
Business Placement
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in New Haven, CT
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Frequently Asked Questions
What type of property is this?
Office building - BD-zoned office building with access to New Haven’s Superior and County court houses.
Where is this office building located?
The property is located at 54 Wall St New Haven, CT.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: 8,986 SF office building; BD (Central Business District) zoning; Permitted uses include offices and government buildings
