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Mixed-Use Property with Adjacent Lot
New
For Sale
$1,250,000

1565 Chapel St, New Haven, CT 06511

Four apartments and three commercial units occupy the building, with a separate cleared parcel alongside.

Property SizeContact for details
Days on Market7

Property Features for 1565 Chapel St

General Information

Standard status Active
Property subtype Commercial

Building Details

Year Built 1910
Listing Agency: Coldwell Banker Realty
Listed By: Anthony Annunziato · License #REB.0756384
Source: Elliman
Added: Sep 29 Changed: Oct 4 Last Checked: Oct 5 at 7:50PM

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 Coldwell Banker Realty

Investment Insights

Based on property information with market context.

The property combines a mixed-use building at 1565 Chapel Street with an adjacent building lot on Norton Street. The building contains four residential apartments over three commercial spaces, including a bodega with a long-term tenant. The apartment mix comprises one four-bedroom unit, two two-bedroom units, and one studio. Two apartments have been remodeled; one four-bedroom apartment is also remodeled and ready for new tenants. The owners occupy the other two commercial spaces, which may be considered for residential conversion subject to applicable approvals.

The adjoining parcel is cleared and its development is subject to zoning approvals. The building dates to 1910. Walk Score and Bike Score are each 66; Transit Score is 55.

Key Highlights

  • Four apartments over three commercial units at 1565 Chapel Street
  • Unit mix: one 4‑bedroom, two 2‑bedroom, and one studio apartment
  • Two apartments have been remodeled; one 4‑bedroom unit is ready for new tenants

Property Analytics

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Current Use

Storefront properties

Suggested Use

Top Pick Bakery Kitchen & Bath Showroom Acupuncture (Bike/Boat/Book/etc) Store Accounting Firm HVAC Service

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

Location Intelligence

Trade Area within ½ mile

1,728
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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?
Mixed-use property - Four apartments and three commercial units occupy the building, with a separate cleared parcel alongside.
Where is this mixed-use property located?
The property is located at 1565 Chapel St New Haven, CT.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Four apartments over three commercial units at 1565 Chapel Street; Unit mix: one 4‑bedroom, two 2‑bedroom, and one studio apartment; Two apartments have been remodeled; one 4‑bedroom unit is ready for new tenants
More about this property
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