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    848 Chapel St New Haven, CT 06510

    For Lease
    $35 SF/Yr ($5,915 /Mo)

    New retail storefronts for lease in downtown New Haven.

    Property size:
    2,028 SF
    Lot size:
    1.17 Acres

    Property Features for 848 Chapel St

    General Information

    Size
    2,028 SF
    Lot size
    1.17 Acres

    Source: Colliers - New Haven Agent John Keogh

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    New Retail Storefronts For Lease

    Three new retail storefronts are available for lease in downtown New Haven, situated at the intersection of Chapel and Orange Streets. These stores are located on the ground floors of two luxury apartment buildings currently under construction by CA Student Living. The spaces, suitable for convenience-oriented shopping, food service, and professional services, feature 12-foot ceilings and are scheduled for delivery in late July of 2024. The property has a size of 2028 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New Haven
    County
    New Haven
    State
    Connecticut
    Longitude
    -72.9253004
    Latitude
    41.3052747

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    FAQs

    What type of property is this?
    Retail space - New retail storefronts for lease in downtown New Haven.
    Where is this retail space located?
    The property is located at 848 Chapel St New Haven, CT.
    What is the lease rate?
    The lease rate is $35 SF/Yr.
    What are key features of this property?
    This property features: - Located in the heart of downtown New Haven at the intersection of Chapel and Orange Streets.; - Occupies the ground floors of two luxury apartment buildings.; - Developed by internationally renowned developer CA Student Living.
    (203) 562-5000
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    848 Chapel St New Haven, CT 06510
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