840 Congress Ave, New Haven, CT 06519
Multifamily property in the heart of New Haven.
- Added:
- Mar 23, 2026
- Days on Market:
- 107
- Last Refresh:
- Jul 2 at 8:18 am
Property Features for 840 Congress Ave
General Information
- Standard status
- Active
- Size
- 2,056 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1910
Listing office Roundtree Realty
Listing date Mar 23, 2026
Source Crexi
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
HighLights
- Well‑located multi‑family property
- In the heart of New Haven
- Year Built: 1910
Overview
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $62.4k | $30.36 |
| − Vacancy | −$3.9k | −$1.88 |
| EGI | $58.6k | $28.48 |
| − OpEx | −$26.3k | −$12.81 |
| NOI | $32.2k | $15.66 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- New Haven
- County
- New Haven
- State
- Connecticut
- Longitude
- -72.9437729
- Latitude
- 41.2986121
