Mixed-Use Property with
New
For Sale
$500,000
95 Rosette Street, New Haven, CT 06519
Multi-Family For Sale, Units on different Floors, New Haven, CT
Property Size2,776 SF
Lot Size0.07 Acres
Price / SF$180.12
Days on Market3
Property Features for 95 Rosette Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
RM2
Bedrooms
8
Bathrooms
5
Full bathrooms
3
Half bathrooms
2
Rooms
Bathroom 3, Bedroom 3, Bathroom 5, Bedroom 1, Bedroom 5, Bedroom 6, Bathroom 1, Bedroom 4, Bathroom 4, Basement, Bedroom 7, Bathroom 2, Bedroom 2, Bedroom 8
Parking
6
Basement
Partial
Lot features
Corner Lot, Level Lot
Elementary school
Clemente
High school
Hill Regional
Directions
ask for lockbox info
Standard status
Active
Size
2,776 SF
Lot size
0.07 Acres
Taxes and HOA fees
Tax Year
2027
Tax Annual Amount
7016
Utilities
Sewer type
Public Sewer
Cooling system
Window Unit(s)
Water source
Public
Amenities
garage
Building Details
Year built
1910
Architectural style
Other
Listing Agency:
Houlihan Lawrence WD
(203) 787-6888
Listed By:
Sam Shagalov · License #RES.0833906
(860) 967-4489
Added: Aug 18
Changed: Aug 19
Last Checked: Aug 20 at 5:06AM
MLS# 24200181
Copyright © 2026 SmartMLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This mixed-use property contains three units across a 0.07-acre triple-corner site. The first-floor commercial area measures approximately 1,850 square feet and occupies the intersection of Rosette Street and Dewitt Street. Above it, an updated four-bedroom, one-bath apartment spans approximately 1,400 square feet across the second and third floors. A separate rear dwelling provides an updated two-bedroom, one-bath layout within approximately 896 square feet.
The fully fenced property includes two driveway entrances and a three-car garage. An included subdivided residential lot adds a separate development component, while the RM2 zoning supports consideration of residential reconfiguration or additional construction subject to municipal approvals. Public water and public sewer serve the property. Built in 1910, the asset offers a combination of existing mixed-use improvements, residential occupancy, garage space, and potential future site work.
The fully fenced property includes two driveway entrances and a three-car garage. An included subdivided residential lot adds a separate development component, while the RM2 zoning supports consideration of residential reconfiguration or additional construction subject to municipal approvals. Public water and public sewer serve the property. Built in 1910, the asset offers a combination of existing mixed-use improvements, residential occupancy, garage space, and potential future site work.
Key Highlights
- Three‑unit mixed‑use configuration with one commercial space and two residential dwellings
- First‑floor commercial area of approximately 1,850 square feet
- Updated 4‑bedroom, 1‑bath apartment measuring approximately 1,400 square feet
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$43,480
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.70%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$869,600
$869.6K
Cap Rate 7%
$621,143
$621.1K
Cap Rate 9%
$483,111
$483.1K
Market Conditions
NOI Build-Up for 2,776 SF
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.
Gross rent
$84.3K $30.36/SF
− Vacancy
−$5.2K −$1.88/SF
EGI
$79.1K $28.48/SF
− OpEx
−$35.6K −$12.81/SF
NOI
$43.5K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$869,600
Cap Rate 7%
$621,143
Cap Rate 9%
$483,111
Alternative Uses
Best Use
Multifamily LT 5
$667.5K
$584.1K – $778.8K
NOI $46,725 @ 7.0% cap · market cap 9.35%
Second Best
Apartment 5plus
$621.1K
$543.5K – $724.7K
NOI $43,480 @ 7.0% cap · market cap 8.70%
Theoretical Best
Office A
$893.0K
$781.4K – $1.04M
NOI $62,508 @ 7.0% cap · market cap 12.50%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Fenced yard
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,511
Businesses Nearby
Explore this area
Business Placement
Demographics for 06519, CT
15,450
Population
6,424
Households
2.4
Avg Household Size
33
Median Age
20%
College-Educated
77%
High-School Grad
1.8 sq mi
ZIP Area
8,583
Density / Sq Mi
$44,394
Median Household Income
$29,745
Median Earnings
$1,356
Median Rent
$247,600
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Three-unit configuration combines commercial space, two residential dwellings, and additional site features within RM2 zoning.
Where is this mixed-use property located?
The property is located at 95 Rosette Street New Haven, CT.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Three‑unit mixed‑use configuration with one commercial space and two residential dwellings; First‑floor commercial area of approximately 1,850 square feet; Updated 4‑bedroom, 1‑bath apartment measuring approximately 1,400 square feet
