Mixed-Use 3-Unit
For Sale
$500,000
95 Rosette Street, New Haven, CT 06519
Multi-Family For Sale, Units on different Floors, New Haven, CT
Property Size2,776 SF
Lot Size0.07 Acres
Price / SF$180.12
Days on Market12
Property Features for 95 Rosette Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
RM2
Bedrooms
8
Bathrooms
5
Full bathrooms
3
Half bathrooms
2
Rooms
Bedroom 3, Bathroom 1, Bathroom 3, Bathroom 4, Bedroom 7, Basement, Bedroom 8, Bedroom 4, Bedroom 5, Bedroom 2, Bathroom 2, Bathroom 5, Bedroom 1, Bedroom 6
Parking
6
Basement
Partial
Lot features
Corner Lot, Level Lot
Elementary school
Clemente
High school
Hill Regional
Directions
ask for lockbox info
Standard status
Active
Size
2,776 SF
Lot size
0.07 Acres
Taxes and HOA fees
Tax Year
2027
Tax Annual Amount
7016
Utilities
Sewer type
Public Sewer
Cooling system
Window Unit(s)
Water source
Public
Building Details
Year built
1910
Architectural style
Other
Listing Agency:
Houlihan Lawrence WD
(203) 787-6888
Listed By:
Sam Shagalov · License #RES.0833906
(860) 967-4489
Added: Aug 18
Changed: Aug 27
Last Checked: Aug 29 at 6:06AM
MLS# 24200181
Copyright © 2026 SmartMLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 2,776-square-foot mixed-use property contains three units within a residentially zoned setting. The first-floor commercial space measures approximately 1,850 square feet and occupies the intersection of Rosette Street and Dewitt Street. The second and third floors contain an updated four-bedroom apartment, while a separate rear dwelling provides an updated two-bedroom layout. A three-car garage adds enclosed utility for storage, workshop use, or other permitted purposes. Window-unit cooling, public water, and public sewer serve the property.
The asset occupies a 0.07-acre triple-corner lot with full fencing and two driveway entrances providing access from multiple streets. The sale also includes a subdivided residential building lot. Any conversion, expansion, or additional residential development would be subject to applicable zoning and municipal approvals.
The asset occupies a 0.07-acre triple-corner lot with full fencing and two driveway entrances providing access from multiple streets. The sale also includes a subdivided residential building lot. Any conversion, expansion, or additional residential development would be subject to applicable zoning and municipal approvals.
Key Highlights
- 3‑unit mixed‑use property with commercial and residential components
- 2,776 square feet on a 0.07‑acre lot
- First‑floor commercial space of approximately 1,850 square feet
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$43,480
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.70%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$869,600
$869.6K
Cap Rate 7%
$621,143
$621.1K
Cap Rate 9%
$483,111
$483.1K
Market Conditions
NOI Build-Up for 2,776 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$84.3K $30.36/SF
− Vacancy
−$5.2K −$1.88/SF
EGI
$79.1K $28.48/SF
− OpEx
−$35.6K −$12.81/SF
NOI
$43.5K $15.66/SF
Area
New Haven, CT
Vacancy
6.20%
Lease Rate
$30.36 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$869,600
Cap Rate 7%
$621,143
Cap Rate 9%
$483,111
Alternative Uses
Best Use
Multifamily LT 5
$667.5K
$584.1K – $778.8K
NOI $46,725 @ 7.0% cap · market cap 9.35%
Second Best
Apartment 5plus
$621.1K
$543.5K – $724.7K
NOI $43,480 @ 7.0% cap · market cap 8.70%
Theoretical Best
Office A
$893.0K
$781.4K – $1.04M
NOI $62,508 @ 7.0% cap · market cap 12.50%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Office units
2
Residential units
Yes
Fenced yard
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,511
Businesses Nearby
Explore this area
Business Placement
Demographics for 06519, CT
15,450
Population
6,424
Households
2.4
Avg Household Size
33
Median Age
20%
College-Educated
77%
High-School Grad
1.8 sq mi
ZIP Area
8,583
Density / Sq Mi
$44,394
Median Household Income
$29,745
Median Earnings
$1,356
Median Rent
$247,600
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - Residentially zoned asset with commercial and apartment components, separate rear dwelling, fenced grounds, and two driveway entrances.
Where is this mixed-use property located?
The property is located at 95 Rosette Street New Haven, CT.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: 3‑unit mixed‑use property with commercial and residential components; 2,776 square feet on a 0.07‑acre lot; First‑floor commercial space of approximately 1,850 square feet
