The Connecticut Financial Center

Off-Market

157 Church Street, New Haven, CT 06510

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  • Property Type Office - General Office
  • Property Size 467,500 SF
  • Lot Size 0.61 Acre
  • Parking Spaces Avail. 467
  • Parking Ratio 1.00 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class A
  • Year Built 1987

Contacts

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Owner

  • True Owner
  • Registered Owner

Tenants

Suite Name Tenant Leased
Space
Rent Price Lease
Type
Space
Type
Lease Term
370 17th Street #5500 MERRILL, (303) 446-5500 23,824 SF $23/SF/YR Modified
Gross
General
Office
11/01/2014-
N/A
370 17th Street
#6000
Morrison & Foerster,
(303) 592-1500
10,710 SF $26/SF/YR Full
Service
General
Office
08/01/2013-
07/31/2023
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Brokers

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Documents

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Sales

  • Purchase Price
  • Arm's Length True
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Amount
  • Loan Origination Date
  • Loan Maturity Date

Market Trends

Average Actual Rents in New Haven

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in New Haven Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2021 Avg. Asking Rent $30.26
  • 2021 Office Vacancy Rate 13.46%
  • 2021 Office Completions (SF)
View more New Haven market trends

Location

Getting Around

  • Walk Score ®

    99/100 Walker's Paradise
  • Transit Score ®

    78/100 Excellent Transit
  • Bike Score ®

    98/100 Biker's Paradise
Powered by Walk Score ®
  • City New Haven, CT
  • Neighborhood Downtown New Haven
  • Zip Code 06510
  • Market Bridgeport New Haven

Points of Interest

  • New Haven-State Street

    0.17 miles

  • New Haven Union Station

    0.66 miles

  • West Haven

    3.20 miles

  • Branford

    5.99 miles

  • Derby-Shelton

    8.32 miles

  • Ansonia

    8.48 miles

  • Milford

    9.13 miles

  • Seymour

    9.82 miles

  • BP

    0.62 miles

  • Sunoco

    0.78 miles

  • Stop & Shop

    0.94 miles

  • Mobil

    0.96 miles

  • Mobil

    1.12 miles

  • Best Gas

    1.19 miles

  • Shell

    1.28 miles

  • Citgo

    1.57 miles

  • Gulf

    1.68 miles

  • Exxon

    2.08 miles

  • Lot 32

    0.10 miles

  • Kresge Public Parkin Lot

    0.13 miles

  • Lot 59

    0.16 miles

  • Parcel E Lot

    0.17 miles

  • Olympia State Street Parking

    0.17 miles

  • Lot 54

    0.19 miles

  • Ninth Square Public Parking

    0.20 miles

  • Lot 51

    0.20 miles

  • Crown Street Lot

    0.21 miles

  • Crown St Garage

    0.23 miles

  • Omni New Haven Hotel at Yale

    0.17 miles

  • New Haven Hotel

    0.29 miles

  • The Blake Hotel

    0.38 miles

  • Graduate New Haven

    0.44 miles

  • The Study at Yale

    0.47 miles

  • The Study

    0.47 miles

  • Courtyard New Haven at Yale

    0.64 miles

  • Hotel Marcel

    0.78 miles

  • La Quinta Inn & Suites New Haven

    0.89 miles

  • New Haven Village Suites

    1.30 miles

  • Toro

    0.05 miles

  • Orange Kitchen

    0.06 miles

  • Menyagumi

    0.07 miles

  • Michael's

    0.07 miles

  • Mediterranea

    0.08 miles

  • Tikkaway

    0.09 miles

  • Fresh Tacos

    0.12 miles

  • Court Street Apizza

    0.12 miles

  • Five Guys

    0.12 miles

  • Zafra

    0.13 miles

  • Young Men's Institute

    0.09 miles

  • Gateway Community College

    0.27 miles

  • Cooperative Arts Magnet School

    0.30 miles

  • Educational Center for the Arts

    0.36 miles

  • High School in the Community Interdistrict Magnet

    0.37 miles

  • Elliott Learning Center

    0.46 miles

  • Flex School

    0.47 miles

  • Harra A. Conte West Hills Magnet School

    0.48 miles

  • New Haven Academy

    0.51 miles

  • Head Start

    0.52 miles

  • Kiddie Korner Daycare

    0.46 miles

  • Phyllis Bodel Childcare Center

    0.52 miles

  • Leila Day Child Care Center

    1.37 miles

  • Calvin Hill Day Care Center

    1.48 miles

  • Westville Community Nursery School

    2.46 miles

  • Sunshine Daycare

    2.61 miles

  • Holly Hill

    6.19 miles

  • Pine Orchard School

    7.70 miles

  • Kids Towne Daycare

    8.91 miles

  • The Kids Connection

    9.07 miles

Frequently Asked Questions

What is the total square footage of The Connecticut Financial Center?

The Connecticut Financial Center totals 467,500 square feet.

When was this property built?

The Connecticut Financial Center was built in 1987.

What is the property tax for The Connecticut Financial Center?

The property tax for The Connecticut Financial Center in 2022 was $1,361,599.

What is the market value for The Connecticut Financial Center?

The market value* for The Connecticut Financial Center in 2022 was $46,434,500.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

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