Mixed-Use Multifamily with Commercial
95 Rosette Street New Haven, CT 06519
95 Rosette Street, New Haven, CT, 06519
$665,000
For Sale
$665,000
Three-unit mixed-use property includes a first-floor commercial space plus two updated residential units.
Property Size3,672 SF
Price / SF$181.10
Days on Market55
Property Features for 95 Rosette Street
General Information
- Standard status
- Active
- Size
- 3,672 SF
- Property subtype
- Multi-Family / 3 Family
Building Details
- Year Built
- 1910
Listing agency
Houlihan Lawrence WD
(860) 967-4489
Listed by
Sam Shagalov · License #RES.0833906
(860) 967-4489
Source
Compass
Added: May 28 Updated: Jul 21 at 1:55PM Checked: Jul 21 at 1:55PM
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 Houlihan Lawrence WD
Investment Insights
Based on property information with market context.
This three-unit mixed-use multifamily property features a first-floor commercial space and two updated residential units. Unit 1 is approximately 1,850 square feet on the first floor and is described as a former house of worship with flexible use potential, located at the prominent intersection of Rosette Street and Dewitt Street. Units 2 and 3 are residential: Unit 2 is a four-bedroom, one-bath apartment on the second and third floors, and Unit 3 is a rear standalone two-bedroom, one-bath dwelling.
The residential component is described as being updated, and the property is presented with value-add and redevelopment potential, including an included subdivided residential building lot.
For current income, Unit 2 is listed as rented for $2,700 per month, and Unit 3 is listed as previously rented for $1,900 per month.
The residential component is described as being updated, and the property is presented with value-add and redevelopment potential, including an included subdivided residential building lot.
For current income, Unit 2 is listed as rented for $2,700 per month, and Unit 3 is listed as previously rented for $1,900 per month.
Key Highlights
- Three‑unit mixed‑use property with a first‑floor commercial space plus two updated residential units
- Unit 1: approx. 1,850 SF first‑floor commercial space at the Rosette St and DeWitt St intersection
- Unit 2: approx. 1,400 SF updated 4‑bed/1‑bath apartment on 2nd and 3rd floors; rented for $2,700/mo
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 | $111.5k | $30.36 |
| − Vacancy | −$6.9k | −$1.88 |
| EGI | $104.6k | $28.48 |
| − OpEx | −$47.1k | −$12.81 |
| NOI | $57.5k | $15.66 |
3,672 SF · lease $30.36/SF/yr · vacancy 6.20% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$883.0K
$772.6K – $1.03M
NOI $61,807 @ 7.0% cap · market cap 9.29%
Second Best
Apartment 5plus
$821.6K
$718.9K – $958.6K
NOI $57,514 @ 7.0% cap · market cap 8.65%
Theoretical Best
Office A
$1.18M
$1.03M – $1.38M
NOI $82,683 @ 7.0% cap · market cap 12.43%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Mennonite Bible Fellowship ...
Church
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Three-unit mixed-use property includes a first-floor commercial space plus two updated residential units.
Where is this triplex located?
The property is located at 95 Rosette Street New Haven, CT.
What is the asking price?
The asking price for this property is $665,000.
What are key features of this property?
This property features: Three‑unit mixed‑use property with a first‑floor commercial space plus two updated residential units; Unit 1: approx. 1,850 SF first‑floor commercial space at the Rosette St and DeWitt St intersection; Unit 2: approx. 1,400 SF updated 4‑bed/1‑bath apartment on 2nd and 3rd floors; rented for $2,700/mo
