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12-Unit Apartment Building
For Sale
Contact for pricing
Pending

1263 Chapel St, New Haven, CT 06511

Twelve two-bedroom residences with dedicated off-street parking near Yale University and major medical campuses.

Property SizeContact for details
Days on Market143

Property Features for 1263 Chapel St

General Information

Standard status Pending
Total Parking Spaces 12
Property subtype Multifamily

Units

Unit Mix 12 x 2BR
Multifamily Units 12
Listing Agency: NorthEast Private Client Group Shelton
Listed By: Jeff Wright · License #CT: 0798330
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 31 at 2:21AM

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 Shelton

Investment Insights

Based on property information with market context.

This 12-unit apartment property contains twelve two-bedroom residences and an off-street parking lot with 12 spaces. The building occupies the corner of Chapel Street and Dwight Street in New Haven, Connecticut.

The property is within walking distance of Yale University Old Campus, the Shops at Yale on Broadway Street, Yale New Haven Hospital, and Yale New Haven St Raphael’s Campus. Current rents are stated to be more than 35% below market, and the property includes an opportunity for light unit renovations and revised leasing strategies.

Key Highlights

  • 12‑unit multifamily property with twelve 2‑bedroom apartments
  • Off‑street parking lot provides 12 spaces
  • Corner location at Chapel Street and Dwight Street

Property Analytics

Current Use

Yale Construction Company Construction Company

Suggested Use

Top Pick Veterinary Clinic (Bike/Boat/Book/etc) Store Butcher Locksmith Tattoo & Piercing Shop Bakery

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

12
Residential units

Location Intelligence

Trade Area within ½ mile

8,272
Businesses Nearby

Demographics for 06511, CT

55,879
Population
24,579
Households
2.3
Avg Household Size
29
Median Age
48%
College-Educated
91%
High-School Grad
5.8 sq mi
ZIP Area
9,634
Density / Sq Mi
$56,300
Median Household Income
$34,409
Median Earnings
$1,534
Median Rent
$313,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Twelve two-bedroom residences with dedicated off-street parking near Yale University and major medical campuses.
Where is this apartment building located?
The property is located at 1263 Chapel St New Haven, CT.
What are key features of this property?
This property features: 12‑unit multifamily property with twelve 2‑bedroom apartments; Off‑street parking lot provides 12 spaces; Corner location at Chapel Street and Dwight Street
(203) 727-3212 Call to check price and availability
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