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Property profile

1348 State St New Haven, CT 06511

OFF-MARKET
Specialty properties
3,817 SF Built 1900
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Property summary

AI-generated overview

This unique New Haven property at 1348 State St, near Yale University and East Rock Park, offers a blend of live-work space in a renovated building. The main level comprises approximately 500 square feet of retail or office space, featuring a renovated bathroom and potential basement storage. The space boasts high ceilings and over 28 feet of street frontage, ensuring strong visibility. While street parking is the only option, the prime location compensates for this limitation. The upper two floors, currently undergoing renovation, provide residential units ideal for a multi-household business or those seeking a live-work arrangement. The building itself is a three-story, 3,817 square foot structure, built in 1900 and extensively renovated in 2022. Classified as a Class B property, it's a single-tenancy building with no elevator. Located in New Haven County, CT (zip code 06511), this property presents a rare opportunity to combine living and working in a vibrant urban setting. The property is categorized as Retail, Office, and Special Purpose, with sub-types including Coworking, Creative Office, and Traditional Office. Note that renderings and floor plans are for illustrative purposes only. Security deposit requirements vary depending on the use (commercial or residential).

Property profile

Verified
Property type Specialty properties
Year built 1900
Total area 3,817 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1348 State St New Haven, CT 06511
New Haven metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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