Two-Unit
New
For Sale
$450,000
79 Exchange, New Haven, CT 06513
Separate residences provide three- and four-bedroom layouts, each with one bathroom.
Property Size1,910 SF
Price / SF$210.67
Days on Market6
Property Features for 79 Exchange
General Information
Standard status
Active
Size
1,910 SF
Property subtype
2 Family
Lease Term
Listing ID: 24213797, Standard Status: Active, MLS Status: Active, Property Subtype: 2 Family, 3 days on market
Site & Location
Neighborhood
Fair-Haven
Public Transit
Yes
Units
Unit Mix
1 x 3BR/1BA, 1 x 4BR/1BA
Multifamily Units
2
Building Details
Building Size
1,910 SF
Year Built
1910
Listing Agency:
Roundtree Realty LLC
(475) 227-4312
Listed By:
Jacob Mochkin · License #RES.0834521
(347) 981-0571
Source:
Iverty
Added: Oct 21
Changed: Oct 26
Last Checked: Oct 24 at 6:41PM
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 duplex contains two residences: one with three bedrooms and one bathroom, and another with four bedrooms and one bathroom. The property was built in 1910 and is zoned RM1.
Nearby destinations include Yale New Haven Hospital, downtown New Haven, shopping, dining, public transportation, and major highways.
Nearby destinations include Yale New Haven Hospital, downtown New Haven, shopping, dining, public transportation, and major highways.
Key Highlights
- Two residences with three- and four‑bedroom layouts
- Each residence has one bathroom
- Built in 1910
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,953
Cap Rate
7.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$719,060
$719.1K
Cap Rate 7%
$513,614
$513.6K
Cap Rate 9%
$399,478
$399.5K
Market Conditions
NOI Build-Up for 2,136 SF
Gross rent
$55.1K $25.80/SF
− Vacancy
−$3.7K −$1.75/SF
EGI
$51.4K $24.05/SF
− OpEx
−$15.4K −$7.21/SF
NOI
$36.0K $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%
$719,060
Cap Rate 7%
$513,614
Cap Rate 9%
$399,478
Alternative Uses
Best Use
Multifamily LT 5
$513.6K
$449.4K – $599.2K
NOI $35,953 @ 7.0% cap · market cap 7.99%
Second Best
Apartment 5plus
$477.9K
$418.2K – $557.6K
NOI $33,456 @ 7.0% cap · market cap 7.43%
Theoretical Best
Office A
$687.1K
$601.2K – $801.6K
NOI $48,097 @ 7.0% cap · market cap 10.69%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
850
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
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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?
Duplex - Separate residences provide three- and four-bedroom layouts, each with one bathroom.
Where is this duplex located?
The property is located at 79 Exchange New Haven, CT.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Two residences with three- and four‑bedroom layouts; Each residence has one bathroom; Built in 1910
