About 1435 State Street
Exceptional investment opportunity in a beautifully restored historic brick building, once home to the local YMCA and railroad boarding house. This well-maintained 21-unit property features a mix of 6 studios, 10 one-bedroom units, and 5 two-bedroom units (some with two baths). Each apartment offers modern finishes including granite countertops, stainless steel appliances, in-unit washer/dryer, and individually controlled heating, hot water, and central air. Tenants enjoy secure access, a fitness room, and off-street parking. Ideally situated near East Rock Park, restaurants, shops, and just minutes from downtown New Haven and Yale University. Tenant-paid utilities make for easy management. Attractive assumable Freddie Mac loan at 3.5% interest (1% assumption fee). See financials saved in documents for details.
Features of 1435 State Street
| MLS® # | 24135654 |
|---|---|
| Price | $4,950,000 |
| Bathrooms | 4.00 |
| Full Baths | 4 |
| Square Footage | 19,860 |
| Square Footage | Public Records |
| Acres | 1.40 |
| Type | Commercial For Sale |
| Status | Active |
Community Information
| Address | 1435 State Street |
|---|---|
| Area | N/A |
| City | New Haven |
| County | New Haven |
| State | Connecticut |
| Zip Code | 06511 |
Amenities
| Utilities | Electric, Gas |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Hot Air, Gas In Street |
|---|---|
| Cooling | Central Air |
| Fireplace | No |
| # of Stories | 3 |
| Has Basement | No |
Exterior
| Lot Description | Level Lot |
|---|---|
| Roof | Flat |
Additional Information
| Date Listed | October 24th, 2025 |
|---|---|
| Days on Market | 3 |
| Zoning | BA |
| RE / Bank Owned | No |
Listing Details
| Office | Century 21 AllPoints Realty |
|---|