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Property profile & analytics
FOR LEASE
Investment properties
129 York St New Haven, CT 06511
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US15-0682038
For Lease
1 / 9
$26.50 SF/Yr
129 York St, New Haven, CT 06511
View Listing →
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1960
Total area
85,592 SF
Lot
1.75 ac (76,031 SF)
Zoning code
BD
APN
NHVN M:262 B:0219 L:00200
UPID
US15-0682038
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Surgical Associates of New Haven Medical Clinic
-
New Haven Towers Apartment Building Apartment Complex
-
Michael Kevin O’Brien, M.D., Ph.D Physician
-
Dr. Kaye Zuckerman, MD Physician
-
Brenner Stephen MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$18.17M
Comparable Approach
Comparable
$15.90M
Blend (final)
Blend
$14.81M
Owner & transaction history
Crown Court Property Ownr · 4 yrs held
Crown Court Property Ownr
since 2021
2 recorded transactions
Zoning & alternative use
BD · New Haven, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$12.5M
+19.4%
Apartment house (5+ units)
$10.8M
+3.1%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs New Haven submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs New Haven submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$19,685,000
6.5%
$18,170,000
7%
$16,875,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$10,480,000
Current use
RESTAURANT
$12,515,000
Change: +19% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$10,805,000
Change: +3% · Conversion: Moderate
OFFICE BUILDING
$9,240,000
Change: -12% · Conversion: Easy
RETAIL STORES
$9,095,000
Change: -13% · Conversion: Easy
Blend value · Realmo final
$14.81M
Range $13.33M – $16.29M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$173 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$1,089,842
Tax year 2023
Assessed value
$29,296,820
Assessed 2023
Previous assessed
$29,296,820
+0.0% YoY
Effective rate
3.72%
On assessed value
Assessed land
$7,465,500
Assessed improvement
$21,831,320
Applied tax rate
306.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
For Lease
Year built
1960
Heating
OIL
Buildings
2
Stories
8
Units
106
Total area
85,592 SF
Lot
1.75 ac (76,031 SF)
Zoning code
BD
APN
NHVN M:262 B:0219 L:00200
UPID
US15-0682038
Jurisdiction
NEW HAVEN
Zoning & alternative use
BD · New Haven, CT
Zoning BD · permitted uses
BD · New Haven, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
New Haven. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$10.5M
RESTAURANT
Est. value
$12.5M
APARTMENT HOUSE (5+ UNITS)
Est. value
$10.8M
OFFICE BUILDING
Est. value
$9.2M
RETAIL STORES
Est. value
$9.1M
COMMERCIAL (GENERAL) Current
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1960
Heating
OIL
Stories
8
Buildings
2
Units
106
Lot
1.75 ac
Current owner
From public records · entity-resolved
Crown Court Property Ownr
Entity
Mailing address
111 PARK ST STE 1H, NEW HAVEN, CT 06511-5472
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 26, 2021
—
Crown Court Property Ownr
Crown Court Apartments
Quit Claim Deed
related
$57,500,000 · Fidelity&guaranty
Apr 3, 2009
$1
Crown Court Apartment LLC
Presidential Realty Corp
Grant Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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