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Updated 3-Unit Triplex
New
For Sale
$650,000

39-41 Anthony, New Haven, CT 06515

All residences are occupied, with hardwood flooring and stainless steel appliances in the units.

Property Size1,920 SF
Price / SF$199.26
Days on Market5

Property Features for 39-41 Anthony

General Information

Standard status Active
Size 1,920 SF
Property subtype 3 Family
Occupancy 100%
Lease Term Listing ID: 24213941, Standard Status: Active, MLS Status: Active, Property Subtype: 3 Family, 2 days on market

Units

Unit Mix 2 x 3BR/1BA, 1 x 1BR/1BA
Multifamily Units 3

Building Details

Building Size 1,920 SF
Year Built 1920
Listing Agency: Cordelli Realty LLC
Listed By: Jake Cordelli · License #REB.0793614
Source: Iverty
Added: Oct 12 Changed: Oct 15 Last Checked: Oct 14 at 10:32PM

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 Cordelli Realty LLC

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Investment Insights

Based on property information with market context.

This triplex contains three apartments: two with three bedrooms and one bathroom each, plus a one-bedroom, one-bathroom unit. The property has seven bedrooms and three bathrooms in total. Unit interiors include hardwood floors and stainless steel appliances. Off-street parking and an on-site garage serve the property.

Built in 1920, the building is zoned RM1 and is located at 39-41 Anthony Street in New Haven, Connecticut.

Key Highlights

  • Three units: two 3‑bedroom, 1‑bath apartments and one 1‑bedroom, 1‑bath apartment
  • Seven bedrooms and three bathrooms across the property
  • All units are occupied

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$54,906
Cap Rate
8.45%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,098,120 $1.1M
Cap Rate 7%
$784,371 $784.4K
Cap Rate 9%
$610,067 $610.1K
Market Conditions
NOI Build-Up for 3,262 SF
Gross rent
$84.2K $25.80/SF
− Vacancy
−$5.7K −$1.75/SF
EGI
$78.4K $24.05/SF
− OpEx
−$23.5K −$7.21/SF
NOI
$54.9K $16.83/SF
Area
New Haven, CT
Vacancy
6.80%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,098,120
Cap Rate 7%
$784,371
Cap Rate 9%
$610,067

Alternative Uses

Best Use
Multifamily LT 5
$784.4K
$686.3K – $915.1K (±1% cap)
NOI $54,906 @ 7.0% cap · market cap 8.45%
Second Best
Apartment 5plus
$729.9K
$638.7K – $851.5K (±1% cap)
NOI $51,092 @ 7.0% cap · market cap 7.86%
Theoretical Best
Office A
$1.05M
$918.1K – $1.22M (±1% cap)
NOI $73,451 @ 7.0% cap · market cap 11.30%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Electrical Service Law Firm Real Estate Agency Catering 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.

Lease Details

3
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

515
Businesses Nearby

Demographics for 06515, CT

17,877
Population
7,531
Households
2.4
Avg Household Size
33
Median Age
48%
College-Educated
91%
High-School Grad
4.6 sq mi
ZIP Area
3,886
Density / Sq Mi
$74,044
Median Household Income
$40,209
Median Earnings
$1,410
Median Rent
$284,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Triplex - All residences are occupied, with hardwood flooring and stainless steel appliances in the units.
Where is this triplex located?
The property is located at 39-41 Anthony New Haven, CT.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Three units: two 3‑bedroom, 1‑bath apartments and one 1‑bedroom, 1‑bath apartment; Seven bedrooms and three bathrooms across the property; All units are occupied
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