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Historic New Haven Church Building

950 Chapel St, New Haven, CT 06510

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For Sale

$2,750,000

Two-story, 8544 SF building in downtown New Haven.

Type:Commercial

Property size:

8,544 SF

Lot size:

0.14 Acres

Price / SF:

$321/SF

HighLights

Prime location on Chapel Street across from Trinity Church and the New Haven Green.
8544sf two‑story building featuring ground floor retail space.
Versatile potential uses: Religious, Retail, Restaurant, Hospitality, and Multi‑family residential.
Includes an immaculate prayer chapel, 2nd floor offices, and a full usable basement.
Located near Yale University, Shake Shack, and other popular establishments.
Historic building built in 1900.

We can help!

Contact an agent

Jeremy B. Rosner

For Sale

$2,750,000

Two-story, 8544 SF building in downtown New Haven.

Type:Commercial

Property size:

8,544 SF

Lot size:

0.14 Acres

Price / SF:

$321/SF

Added:: Mar 10, 2026
Days on Market:: 119
Last Refresh:: Jul 3 at 3:31 am

Property Features for 950 Chapel St

General Information

Standard status: Active
Size: 8,544 SF
Lot size: 0.14 Acres
Property subtype: Commercial

Building Details

Year Built: 1900

We can help!

Contact an agent

Jeremy B. Rosner

Listing office Levey Miller Maretz LLC

Listing date Mar 10, 2026

Source Elliman

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 Levey Miller Maretz LLC

HighLights

Prime location on Chapel Street across from Trinity Church and the New Haven Green.
8544sf two‑story building featuring ground floor retail space.
Versatile potential uses: Religious, Retail, Restaurant, Hospitality, and Multi‑family residential.
Includes an immaculate prayer chapel, 2nd floor offices, and a full usable basement.
Located near Yale University, Shake Shack, and other popular establishments.
Historic building built in 1900.

Overview

Located on Chapel Street across from Trinity Church and the New Haven Green, 950 Chapel Street is a two-story, 8544 square foot building that is currently the home to The First Church of Christ, Scientist. The property features ground floor retail space, an immaculate prayer chapel, second-floor offices, and a full usable basement. Potential uses for the property include religious, retail, restaurant, hospitality, and multi-family residential. Neighboring businesses and institutions include Subway, Yale University, Shake Shack, New Haven Taste of China, and Trinity Church.

Local Financial Insights For Specialty Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$194.8k	$22.80
− Vacancy	−$7.8k	−$0.91
EGI	$187.0k	$21.89
− OpEx	−$46.8k	−$5.47
NOI	$140.3k	$16.42

8,544 SF · lease $22.80/SF/yr · vacancy 4.00% · expense 25.00%

Alternative Uses

Best Use

Specialty Retail

$2.00M

$1.75M – $2.34M (±1% cap)

NOI $140,258 @ 7.0% cap · market cap 5.10%

Second Best

Retail

$1.76M

$1.54M – $2.06M (±1% cap)

NOI $123,372 @ 7.0% cap · market cap 4.49%

Theoretical Best

Office A

$2.75M

$2.40M – $3.21M (±1% cap)

NOI $192,388 @ 7.0% cap · market cap 7.00%

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

First Church of Christ, ... Church

Suggested Use

Location Insight

Map
Local Demand

City: New Haven
County: New Haven
State: Connecticut
Longitude: -72.9276
Latitude: 41.3067

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What type of property is this?

Church & religious facility - Two-story, 8544 SF building in downtown New Haven.

Where is this church & religious facility located?

The property is located at 950 Chapel St New Haven, CT.

What is the asking price?

The asking price for this property is $2,750,000.

What are key features of this property?

This property features: Prime location on Chapel Street across from Trinity Church and the New Haven Green.; 8544sf two‑story building featuring ground floor retail space.; Versatile potential uses: Religious, Retail, Restaurant, Hospitality, and Multi‑family residential.