Multifamily Property Near
For Sale
$389,900
769 Dixwell Ave, New Haven, CT 06511
1920-built multifamily property positioned along New Haven’s Dixwell Avenue corridor near shopping, dining, and public transportation.
Property Size1,870 SF
Price / SF$208.50
Days on Market96
Property Features for 769 Dixwell Ave
General Information
Standard status
Active
Size
1,870 SF
Property subtype
Multi-Family
Site & Location
Road Access
Yes
Public Transit
Yes
Building Details
Year Built
1920
Listing Agency:
Roundtree Realty LLC
Listed By:
Aharon Cowen (747) 252-3955 (475) 227-4312 · License #RES.0832571
(747) 252-3955
Source:
Fairfieldcountycthomesearch
Added: Jul 14
Changed: Oct 1
Last Checked: Oct 16 at 9:28AM
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
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Investment Insights
Based on property information with market context.
This multifamily property at 769 Dixwell Avenue dates to 1920 and is situated along the Dixwell Avenue corridor in New Haven. The asset is positioned near Downtown New Haven and Yale University, with shopping, restaurants, and public transportation also nearby.
The surrounding area provides access to major commuter routes, Bowen Field, and the Farmington Canal Greenway. Its setting connects the property with employment, education, recreation, and everyday services within the broader New Haven area.
The surrounding area provides access to major commuter routes, Bowen Field, and the Farmington Canal Greenway. Its setting connects the property with employment, education, recreation, and everyday services within the broader New Haven area.
Key Highlights
- 769 Dixwell Avenue, New Haven, CT 06511
- Multifamily property built in 1920
- Located along the Dixwell Avenue corridor
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,289
Cap Rate
7.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$585,780
$585.8K
Cap Rate 7%
$418,414
$418.4K
Cap Rate 9%
$325,433
$325.4K
Market Conditions
NOI Build-Up for 1,870 SF
Gross rent
$56.8K $30.36/SF
− Vacancy
−$3.5K −$1.88/SF
EGI
$53.3K $28.48/SF
− OpEx
−$24.0K −$12.81/SF
NOI
$29.3K $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%
$585,780
Cap Rate 7%
$418,414
Cap Rate 9%
$325,433
Alternative Uses
Best Use
Apartment 5plus
$418.4K
$366.1K – $488.2K
NOI $29,289 @ 7.0% cap · market cap 7.51%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$601.5K
$526.3K – $701.8K
NOI $42,107 @ 7.0% cap · market cap 10.80%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
647
Businesses Nearby
Explore this area
Business Placement
Demographics for 06511, CT
55,879
Population
24,579
Households
2.3
Avg Household Size
29
Median Age
48%
College-Educated
91%
High-School Grad
5.8 sq mi
ZIP Area
9,634
Density / Sq Mi
$56,300
Median Household Income
$34,409
Median Earnings
$1,534
Median Rent
$313,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Multifamily property - 1920-built multifamily property positioned along New Haven’s Dixwell Avenue corridor near shopping, dining, and public transportation.
Where is this multifamily property located?
The property is located at 769 Dixwell Ave New Haven, CT.
What is the asking price?
The asking price for this property is $389,900.
What are key features of this property?
This property features: 769 Dixwell Avenue, New Haven, CT 06511; Multifamily property built in 1920; Located along the Dixwell Avenue corridor
