24 Howard Ave, New Haven, CT 06519
Three fully renovated units with private entrances, in-unit laundry, central AC, and off-street parking.
- Added:
- Jun 20, 2026
- Days on Market:
- 2
- Last Refresh:
- Jun 21 at 2:00 am
Property Features for 24 Howard Ave
General Information
- Standard status
- Active
- Size
- 5,000 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1925
Listing agent John Hill License #REB.0795121 (203) 675-3942
Listing office Seabury Hill REALTORS (203) 675-3942
Listing date Jun 20, 2026
Source Elliman
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All listing content including descriptions, pricing, images are the copyrighted material of Seabury Hill REALTORS
HighLights
- 5,000 SF, 3‑family building (built 1925) in City Point with all units fully gut renovated while preserving original details
- First‑floor unit: 2,000 SF with private entrance, 3 bedrooms, 2 full baths, brand‑new kitchen, and fireplace with gas insert
- Second‑floor unit: 2 bedrooms, 2 baths with private deck and water views; renovated kitchen and high‑end finishes
- Third‑floor unit: ~1,200 SF with 2 bedrooms, 2 baths, vaulted ceilings, renovated kitchen with built‑in sitting bench
- Each unit includes in‑unit laundry, central AC, newer high‑energy efficient furnaces, and on‑demand hot water
- Off‑street parking and fully leased with a strong rent roll; near Yale, downtown, train stations, and highways
Overview
The second-floor unit is slightly smaller and provides two bedrooms and two baths, along with a private deck offering water views. The third-floor unit is approximately 1,200 square feet with two bedrooms and two baths, a spacious living room with vaulted ceilings, and a renovated kitchen with a built-in sitting bench. The primary bedroom includes an updated bath.
Each unit has in-unit laundry, central AC, newer high-efficiency furnaces, on-demand hot water, and off-street parking. The property is offered fully leased, with tenants described as excellent and a favorable rent roll. The building is walkable to waterfront dining and the water, and is positioned minutes from Yale, downtown, train stations, and highways.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $129.0k | $25.80 |
| − Vacancy | −$8.8k | −$1.75 |
| EGI | $120.2k | $24.05 |
| − OpEx | −$36.1k | −$7.21 |
| NOI | $84.2k | $16.83 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- New Haven
- County
- New Haven
- State
- Connecticut
- Longitude
- -72.9302648
- Latitude
- 41.2817704
