Multifamily Building with
New
For Sale
$799,000
54 Judith, New Haven, CT 06513
Updated apartments are complemented by a basement with laundry facilities and additional space.
Property Size3,248 SF
Price / SF$245
Days on Market6
Property Features for 54 Judith
General Information
Standard status
Active
Size
3,248 SF
Property subtype
5 Family+
Amenities
laundry facilities
Building Details
Year Built
1966
Tenancy
Multi
Listing Agency:
Roundtree Realty LLC
(475) 227-4312
Listed By:
Javyn Roundtree · License #REB.0795713
(747) 252-3955
Source:
Lockandkeyre
Added: Oct 20
Changed: Oct 25
Last Checked: Oct 24 at 6:29PM
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 Roundtree Realty LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 3,248-square-foot multifamily property, built in 1966, contains updated apartments with functional layouts. The basement includes laundry facilities and additional space that may support expansion of the existing basement unit, subject to required approvals.
Located at 54 Judith in New Haven, the property is offered for sale.
Located at 54 Judith in New Haven, the property is offered for sale.
Key Highlights
- 3,248‑square‑foot multifamily property
- Built in 1966
- Updated apartments with functional layouts
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$50,873
Cap Rate
6.37%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,017,460
$1.0M
Cap Rate 7%
$726,757
$726.8K
Cap Rate 9%
$565,256
$565.3K
Market Conditions
NOI Build-Up for 3,248 SF
Gross rent
$98.6K $30.36/SF
− Vacancy
−$6.1K −$1.88/SF
EGI
$92.5K $28.48/SF
− OpEx
−$41.6K −$12.81/SF
NOI
$50.9K $15.66/SF
Area
New Haven, CT
Vacancy
6.20%
Lease Rate
$30.36 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,017,460
Cap Rate 7%
$726,757
Cap Rate 9%
$565,256
Alternative Uses
Best Use
Apartment 5plus
$726.8K
$635.9K – $847.9K
NOI $50,873 @ 7.0% cap · market cap 6.37%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.04M
$914.2K – $1.22M
NOI $73,136 @ 7.0% cap · market cap 9.15%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
568
Businesses Nearby
Explore this area
Business Placement
Demographics for 06513, CT
38,618
Population
17,006
Households
2.3
Avg Household Size
36
Median Age
19%
College-Educated
80%
High-School Grad
7.2 sq mi
ZIP Area
5,364
Density / Sq Mi
$46,520
Median Household Income
$38,369
Median Earnings
$1,208
Median Rent
$226,600
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Apartment building - Updated apartments are complemented by a basement with laundry facilities and additional space.
Where is this apartment building located?
The property is located at 54 Judith New Haven, CT.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: 3,248‑square‑foot multifamily property; Built in 1966; Updated apartments with functional layouts
