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Property profile & analytics
OFF-MARKET
Office buildings
50 State St 58 Hartford, CT 06109-1832
Individually Owned
Free & Clear
Property ID
US15-0892337
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1920
Construction
STEEL FRAME
Total area
91,457 SF
Lot
0.27 ac (11,800 SF)
Zoning code
DT-1
APN
HTFD M:269 B:351 L:008
UPID
US15-0892337
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Han Sain
Han Sain
since 2026
Last sale
$240,000
6 recorded transactions
Zoning & alternative use
DT-1 · Hartford, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Hartford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hartford 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$385,184
Tax year 2023
Assessed value
$5,469,030
Assessed 2023
Previous assessed
$5,469,030
+0.0% YoY
Effective rate
7.04%
On assessed value
Assessed land
$351,050
Assessed improvement
$5,117,980
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1920
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
7
Total area
91,457 SF
Lot
0.27 ac (11,800 SF)
Zoning code
DT-1
APN
HTFD M:269 B:351 L:008
UPID
US15-0892337
Jurisdiction
HARTFORD
Zoning & alternative use
DT-1 · Hartford, CT
Zoning DT-1 · permitted uses
DT-1 · Hartford, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hartford. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1920
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
7
Buildings
1
Lot
0.27 ac
Current owner
From public records · entity-resolved
Han Sain
Individual
Free & Clear · 0 yrs held
Mailing address
50 STATE ST #58, WETHERSFIELD, CT 06109-1832
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 12, 2026
—
Han Sain
Han Sain
Quitclaim Deed
related
—
Jan 14, 2025
—
Jose Villafane
—
Deed
related
$25,000 · Connecticut Housing Finance Authority
Oct 26, 2022
$240,000
Milagros Malo
Salvatore Guerrieri T
Deed
—
Dec 24, 2003
—
1 State St LP
—
Deed Of Trust
related
$46,310,000 · Nationwide Life I Co
Sep 11, 2003
$66,000,000
State House Fin Assoc INC
Aetna Life Insurance Co
Warranty Deed
$52,000,000 · Cib
Jul 31, 1998
—
1 State St LP
—
Deed Of Trust
related
$45,000 · Ct General Life Ins
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.
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