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New Construction 20-Unit Apartment Property

1083-1091 Whalley Avenue, New Haven, CT 06515

For Sale
Contact for pricing

Three buildings offer varied apartment layouts alongside a commercial space occupied by a long-term operator.

Property SizeContact for details
Lot Size0.54 Acres
Days on Market28

Property Features for 1083-1091 Whalley Avenue

General Information

Standard status Active
Lot size 0.54 Acres
Property subtype Multifamily

Site & Location

Neighborhood Amity
Highway Access Yes
Public Transit Yes

Additional Details

Average Monthly Rent $1,694
Sprinkler System Yes
Multifamily Units 20
Tenant in Place Yes

Amenities

in-unit laundry
central A/C

Building Details

Buildings 3
Listing Agency: NorthEast Private Client Group Newton
Listed By: Jeff Wright · License #CT: 0798330
Source: Crexi
Added: Oct 13 Changed: Nov 8 Last Checked: Nov 8 at 4:18PM

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 NorthEast Private Client Group Newton

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Investment Insights

Based on property information with market context.

Completed as new construction, the property comprises three buildings across two adjoining parcels totaling 0.54 acres. Its 20 residential units include studios, one- and two-bedroom apartments, two-bedroom townhomes with one-and-a-half baths, and three-bedroom units with two-and-a-half baths. A commercial space leased to a long-term operator is also part of the property. Paved parking is available on site. Most apartments have electric heat and central A/C, and many include in-unit laundry; both apartment buildings have wet sprinkler systems.

The property is on Whalley Avenue in New Haven’s Westville neighborhood. The surrounding area includes a village center with restaurants, shops, and galleries, as well as nearby Edgewood Park and West Rock Ridge State Park. Yale University, Yale New Haven Health, and Southern Connecticut State University are identified as sources of rental demand. Route 15, I-95, I-91, and rail service at Union Station provide regional connections.

Key Highlights

  • 20 residential units plus one commercial space leased to a long‑term operator
  • Three buildings on two contiguous parcels totaling 0.54 acres
  • Unit mix includes studios, one- and two‑bedroom apartments, two‑bedroom townhomes, and three‑bedroom units

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency HVAC Service Dental Office Skin Care Clinic Bakery (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

20
Residential units
Yes
Sprinkler system
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

798
Businesses Nearby

Demographics for 06515, CT

17,877
Population
7,531
Households
2.4
Avg Household Size
33
Median Age
48%
College-Educated
91%
High-School Grad
4.6 sq mi
ZIP Area
3,886
Density / Sq Mi
$74,044
Median Household Income
$40,209
Median Earnings
$1,410
Median Rent
$284,200
Median Home Value

Market

Average Price Trend$/SF for Apartment buildings in New Haven, CT

$242 Jul
$249 Aug
$229 Sep
$236 Oct

Properties on Market for Apartment buildings in New Haven

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Three buildings offer varied apartment layouts alongside a commercial space occupied by a long-term operator.
Where is this apartment building located?
The property is located at 1083-1091 Whalley Avenue New Haven, CT.
What is the asking price?
The asking price for this property is $4,600,000.
What are key features of this property?
This property features: 20 residential units plus one commercial space leased to a long‑term operator; Three buildings on two contiguous parcels totaling 0.54 acres; Unit mix includes studios, one- and two‑bedroom apartments, two‑bedroom townhomes, and three‑bedroom units
(203) 307-1581 Call to check price and availability
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