Two-Story Multifamily Building with T5
For Sale
$1,400,000
2340 Whitney Avenue, Hamden, CT 06518
COMMERCIAL - Hamden, CT
Property Size11,520 SF
Lot Size0.36 Acres
Price / SF$121.53
Days on Market338
Property Features for 2340 Whitney Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
T5
Lot features
Level Lot
Directions
Corner of Dixwell Ave and Whitney Ave
Standard status
Active
Size
11,520 SF
Lot size
0.36 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
37943
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas
Cooling system
Central Air, Wall Unit(s)
Water source
Public
Building Details
Year built
1940
Floors in Building
2
Listing Agency:
Houlihan Lawrence WD
(203) 787-6888
Listed By:
Young Lee · License #CT RES.0798035
(203) 499-8259
Added: Sep 5, 2025
Changed: Aug 4
Last Checked: Aug 8 at 6:06PM
MLS# 24124386
Copyright © 2026 SmartMLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Two-story multifamily building totaling 11,520 SF on a 0.36-acre lot. The property was built in 1940 and is served by public water and public sewer. Heating is natural gas, with cooling provided by wall units and central air.
The offering is positioned as an investment opportunity with T5 zoning. Public remarks indicate, per the Hamden zoning department, the site may allow development up to a 7-story mixed building. A floor plan for 7 apartments for the second floor is noted as attached; public remarks also describe retail on the first floor and office spaces on the second floor.
The property is located at 2340 Whitney Avenue in Hamden and is described as being in a heavy traffic area near Town Hall, the Police Department, Fire Department, and RT15, with Yale University, Yale Hospital, UNH, and SCSU nearby.
The offering is positioned as an investment opportunity with T5 zoning. Public remarks indicate, per the Hamden zoning department, the site may allow development up to a 7-story mixed building. A floor plan for 7 apartments for the second floor is noted as attached; public remarks also describe retail on the first floor and office spaces on the second floor.
The property is located at 2340 Whitney Avenue in Hamden and is described as being in a heavy traffic area near Town Hall, the Police Department, Fire Department, and RT15, with Yale University, Yale Hospital, UNH, and SCSU nearby.
Key Highlights
- 11,520 SF, two‑story multifamily building on a 0.36‑acre lot
- T5 zoning; Hamden zoning department indicates possibly up to a 7‑story mixed building development
- Natural gas heating
Property Analytics
Property Profile
Current Use
Lease Details
7
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,465
Businesses Nearby
Explore this area
Business Placement
Demographics for 06518, CT
19,528
Population
7,285
Households
2.7
Avg Household Size
34
Median Age
50%
College-Educated
96%
High-School Grad
16.5 sq mi
ZIP Area
1,184
Density / Sq Mi
$105,227
Median Household Income
$33,932
Median Earnings
$2,044
Median Rent
$307,900
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Two-story apartment building with T5 zoning, natural gas heating, and central air with wall units
Where is this apartment building located?
The property is located at 2340 Whitney Avenue Hamden, CT.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: 11,520 SF, two‑story multifamily building on a 0.36‑acre lot; T5 zoning; Hamden zoning department indicates possibly up to a 7‑story mixed building development; Natural gas heating
