1435 State Street

New Haven, CT 06511 Directions
$4,700,000 Reduced from $4,790,000 Reduced $90,000
  • 4Baths
  • 19,860Sqft
  • 1.4Acres
  • 1900Built
  • $237Price/Sqft

Property Highlights

  • Days on Market: 103
  • MLS: 24135654

Property Highlights

  • Days on Market: 103
  • MLS: 24135654

Rare opportunity to acquire a beautifully restored 21-unit multifamily asset in New Haven's sought-after East Rock neighborhood. Once home to the YMCA and historic Railroad Boarding House, this timeless brick building blends classic architecture with modern luxury and a true sense of community. The unit mix includes 6 studios, 10 one-bedrooms, and 5 two-bedrooms (some with two baths), all featuring granite countertops, stainless steel appliances, in-unit washer/dryers, and individual heating, hot water, and central air. Four ground-floor units offer private rear entrances for added convenience and privacy. Outdoor amenities include six EV charging...

Property Highlights

  • Days on Market: 103
  • MLS: 24135654

Rare opportunity to acquire a beautifully restored 21-unit multifamily asset in New Haven's sought-after East Rock neighborhood. Once home to the YMCA and historic Railroad Boarding House, this timeless brick building blends classic architecture with modern luxury and a true sense of community. The unit mix includes 6 studios, 10 one-bedrooms, and 5 two-bedrooms (some with two baths), all featuring granite countertops, stainless steel appliances, in-unit washer/dryers, and individual heating, hot water, and central air. Four ground-floor units offer private rear entrances for added convenience and privacy. Outdoor amenities include six EV charging stations set on handsome pavers, community garden boxes, and a picnic area that enhances the building's inviting atmosphere. Additional features include secure access, a fitness room, and off-street parking. Ideally located minutes from Yale University, East Rock Park, downtown, and area restaurants and shops. Tenant-paid utilities and an assumable Freddie Mac loan at 3.8% (1% assumption fee) make this a turnkey, efficient investment in one of Connecticut's strongest rental markets.

Rare opportunity to acquire a beautifully restored 21-unit multifamily asset in New Haven's sought-after East Rock neighborhood. Once home to the YMCA and historic Railroad Boarding House, this timeless brick building blends classic architecture with modern luxury and a true sense of community. The unit mix includes 6 studios, 10 one-bedrooms, and 5 two-bedrooms (some with two baths), all featuring granite countertops, stainless steel appliances, in-unit washer/dryers, and individual heating, hot water, and central air. Four ground-floor units offer private rear entrances for added convenience and privacy. Outdoor amenities include six EV charging stations set on handsome pavers, community garden boxes, and a picnic area that enhances the building's inviting atmosphere. Additional features include secure access, a fitness room, and off-street parking. Ideally located minutes from Yale University, East Rock Park, downtown, and area restaurants and shops. Tenant-paid utilities and an assumable Freddie Mac loan at 3.8% (1% assumption fee) make this a turnkey, efficient investment in one of Connecticut's strongest rental markets.

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  • Additional Information
    • Acres: 1.4
    • Area Type: Urban
    • Is Occupied?: Tenant
    • Living Area SqFt: 19,860
    • Property Tax: $94,233
    • Road Frontage Description: Paved Road
    • Sewer: Public Sewer Connected
    • Tax Amount: $94,233
    • Unit Count: 21
    • Utilities Available: Electric, Gas
    • Year Built: 1900
    • Zoning: BA
  • Interior Features
    • Air Conditioning: Central Air
    • Cooling: Central Air
    • Full Baths: 4
    • Furnace Type: Gas In Street
    • Heat: Gas In Street
    • Heat Fuel: Gas In Street
    • Living SqFt Source: Public Records
    • Stories: 3
    • Total Baths: 4
  • Exterior Features
    • Roof: Flat

Listing Courtesy of Lisa Cozzi of Century 21 AllPoints Realty.

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