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16-Unit Apartment Building with Roof Decks
For Sale
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550 Whitney Ave, New Haven, CT 06511

Multifamily property with private parking and shared laundry facilities.

Property SizeContact for details
Days on Market143

Property Features for 550 Whitney Ave

General Information

Standard status Active
Property subtype Multifamily

Units

Unit Mix 9 x 1BR, 7 x studio
Multifamily Units 16

Amenities

common laundry room
private roof decks
off-street parking

Building Details

Construction brick
Listing Agency: Farnam Realty Group
Listed By: Yoon Lee · License #0806270
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 29 at 5:58PM

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 Farnam Realty Group

Investment Insights

Based on property information with market context.

This 16-unit apartment property at 550 Whitney Avenue in New Haven includes 9 one-bedroom apartments and 7 studio units. Two studios on the top floor have private roof decks. The brick-exterior building also provides off-street parking and a common laundry room.

The property is in East Rock with access to Yale University, including the Yale School of Management, nearby Physics and Computer Science buildings, and the planned Yale Science Building at Whitney and Edwards. Boutique cafes and restaurants are located in the surrounding East Rock area, with transportation connections to nearby neighborhoods and towns. Tenants pay electricity, while ownership pays for oil heating, water, and sewage.

Key Highlights

  • 16‑unit apartment property with 9 one‑bedroom units and 7 studios
  • 2 top‑floor studios include private roof decks
  • Brick exterior with off‑street parking

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Computer & Electronic Repair Nail Salon Bakery Tech Support Center (Bike/Boat/Book/etc) Store Auto Parts 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

16
Residential units

Location Intelligence

Trade Area within ½ mile

1,003
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
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Frequently Asked Questions

What type of property is this?
Apartment building - Multifamily property with private parking and shared laundry facilities.
Where is this apartment building located?
The property is located at 550 Whitney Ave New Haven, CT.
What are key features of this property?
This property features: 16‑unit apartment property with 9 one‑bedroom units and 7 studios; 2 top‑floor studios include private roof decks; Brick exterior with off‑street parking
More about this property
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