This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

1379 Chapel St

3,881 SF 100% Leased Retail Building New Haven, CT 06511 £938,940 (£242/SF) 8.80% Net Initial Yield

Investment Highlights

  • Close proximity to Yale University.
  • Excellent opportunity for an investor.

Executive Summary

Located in the heart of New Haven, the area surrounding the property is a hub of activity and opportunity for retail / multi family Building investors. With renowned institutions like Yale University within close proximity, the area is ripe with academic and intellectual energy. Nearby Elm City Market and the vibrant Chapel Street shopping district offer convenience and a lively atmosphere for professionals. Enjoy easy access to a variety of dining options, from casual eateries to upscale restaurants. The property's prime location provides a unique opportunity to invest in a dynamic and thriving commercial real estate market.

Property Facts

Sale Type
Investment
Sale Condition
High Vacancy Property
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,881 SF
Building Class
C
Year Built
1900
Price
£938,940
Price Per SF
£242
Net Initial Yield
8.80%
NOI
£82,627
Percent Leased
100%
Tenancy
Multiple
Number of Floors
2
Building FAR
0.81
Land Acres
0.11 AC
Zoning
BA - Commercial
Walk Score ®
Very Walkable (89)
Bike Score ®
Very Bikeable (81)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

The YMCA
Bank of America
Stop & Shop
Starbucks
Liberty Bank
Webster Bank
Krispy Krunchy Chicken
Chase Bank
Keybank
Five Guys

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
NHVN-000316-000244-003500
Land Assessment
£49,747
Improvements Assessment
£160,718
Total Assessment
£210,465
  • Listing ID: 33450897

  • Date on Market: 08/10/2024

  • Last Updated:

  • Address: 1379 Chapel St, New Haven, CT 06511

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}