$4,950,000

1435 State Street, New Haven, CT 06511

  • 4 baths |
  • 19,860 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1900
  • Property Lot Size Icon1.4acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $249/sqft
  • Property List Date Icon Listed 12 days ago

Property Description

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.

Listing Status:
Active
Date Added:
October 24, 2025 at 12:35AM
Listing Office:
Century 21 AllPoints Realty : (860) 263-2121
Listing Agent:
Lisa Cozzi : (860) 508-2102
MLS ID:
24135654
  • A/C: Central Air
  • Heating: Hot AirGas In Street
  • Roofing: Flat
  • Road/Access: Paved Road
  • County: New Haven
  • Zoning: BA1241846
  • Utilities: ElectricGas
  • Water: Public Water Connected
  • Sewer: Public Sewer Connected

This listing courtesy of Lisa Cozzi, Century 21 AllPoints Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

C

Clinton Avenue School

293 Clinton Ave, New Haven, CT, 06513

Grades KG-8

0.31 miles away

C

Clinton Avenue School

293 Clinton Ave, New Haven, CT, 06513

Grades KG-8

0.31 miles away

W

Wilbur Cross High School

181 Mitchell Dr, New Haven, CT, 06511

Grades 9-12

0.61 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.