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1435 State St New Haven, CT 06511

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For Sale
$4,600,000

21-unit multifamily property in New Haven's desirable East Rock neighborhood.

Property size:
19,860 SF
Lot size:
1.40 Acres

Property Features for 1435 State St

General Information

Standard status
Active
Size
19,860 SF
Lot size
1.40 Acres

Building Details

Year built
1900

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Listing Contact
Lisa Cozzi
Lisa Cozzi
Source: Corcoran

Listing Agency: Century 21 AllPoints Realty Listing Agent: Lisa Cozzi

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

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Overview

Restored Multifamily Asset in East Rock

This restored 21-unit multifamily property is located in New Haven's East Rock neighborhood. The brick building, formerly the YMCA and a historic Railroad Boarding House, combines classic architecture with modern amenities. The unit mix includes 6 studios, 10 one-bedroom units, and 5 two-bedroom units, some of which have two bathrooms. All units feature granite countertops, stainless steel appliances, in-unit washer/dryers, and individual heating, hot water, and central air. Four ground-floor units have private rear entrances. Outdoor amenities include six EV charging stations set on pavers, community garden boxes, and a picnic area. Additional features include secure access, a fitness room, and off-street parking. The property is located minutes from Yale University, East Rock Park, downtown, and area restaurants and shops. Tenant-paid utilities make this an efficient investment. The property has a total size of 19860 square feet.
Location Intelligence

Current Use by Public Records

1435 STATE Apartment Building Rail Yard NH Apartment Complex Crossroads Transportation Llc Handicapped Transportation Service Robson Beth Medical Clinic Marianne Hennessey, LPC Counselor

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

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
-73.2102556
Latitude
41.1690894

FAQs

What type of property is this?
Apartment building - 21-unit multifamily property in New Haven's desirable East Rock neighborhood.
Where is this apartment building located?
The property is located at 1435 State St 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: - Prime East Rock location, minutes from Yale University, East Rock Park, downtown, restaurants, and shops.; - Beautifully restored 21-unit multifamily asset blending classic architecture with modern luxury.; - Assumable Freddie Mac loan at 3.8% (1% assumption fee).
More about this property
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