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Historic Tudor Live-Work Property
For Lease
$1,295,000

51 Trumbull St, New Haven, CT 06516

Three-level Tudor building with preserved architectural details and approved conversion plans for ten studio apartments.

Space SizeContact for details
Days on Market90

Property Features for 51 Trumbull St

General Information

Standard status Active

Additional Details

Space Use Live-Work

Taxes and HOA fees

Annual Taxes $25,633

Building Details

Year Built 1901
Stories 3
Construction Tudor style
Listing Agency: Seabury Hill REALTORS
Listed By: John Hill · License #REB.0795121
Source: Exprealty
Added: Jun 3 Changed: Aug 30 Last Checked: Aug 30 at 8:30AM

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 Seabury Hill REALTORS

Investment Insights

Based on property information with market context.

The John Slade Ely House is a 6,651-square-foot Tudor building constructed in 1901 by S.G. Taylor. Its three-level layout retains a grand staircase, ornate fireplaces, leaded-glass windows, arched doorways, coffered ceilings, and detailed woodwork. An additional 2,672 square feet is located in the unfinished basement.

Positioned at the connection between East Rock and Downtown on Trumbull Street in New Haven, the property includes a large backyard, handicap ramp, oil heat, and a new roof. New Haven City Plan has approved conversion to ten studio apartments. The building can also accommodate a return to residential use, a live-work configuration, or nonprofit use.

Key Highlights

  • 6,651‑square‑foot Tudor building constructed in 1901 by S.G. Taylor
  • New Haven City Plan approved conversion to ten studio apartments
  • Three levels plus an additional 2,672 square feet of unfinished basement space

Property Analytics

Current Use

Ely Center of Contemporary ... Art Gallery

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Veterinary Clinic Locksmith Butcher Tattoo & Piercing Shop Clothing & Fashion Store

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

5,053
Businesses Nearby

Demographics for 06516, CT

55,584
Population
21,884
Households
2.5
Avg Household Size
38
Median Age
29%
College-Educated
88%
High-School Grad
10.8 sq mi
ZIP Area
5,147
Density / Sq Mi
$73,566
Median Household Income
$41,123
Median Earnings
$1,389
Median Rent
$265,200
Median Home Value

Market

Vacancy Rate% for Office in New Haven, CT

11.9% 2019
12.4% 2020
17.7% 2021
18.8% 2022
18.7% 2023
16.5% 2024
17.2% 2025
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Frequently Asked Questions

What type of property is this?
Live-work space - Three-level Tudor building with preserved architectural details and approved conversion plans for ten studio apartments.
Where is this live-work space located?
The property is located at 51 Trumbull St New Haven, CT.
What is the lease rate?
The lease rate is $1,295,000.
What are key features of this property?
This property features: 6,651‑square‑foot Tudor building constructed in 1901 by S.G. Taylor; New Haven City Plan approved conversion to ten studio apartments; Three levels plus an additional 2,672 square feet of unfinished basement space
More about this property
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