1435 State Street, New Haven, CT 06511 (MLS # 24135654)

Price $3,995,000
Status Active
Size 19,860 sqft
Lot Size 1.40 ac
Days on Market 244
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.
Property Type(s): Commercial
Last Updated 5/27/2026 Year Built 1900
County New Haven

Price History

Prior to Dec 20, '25 $4,950,000
Dec 20, '25 - Jan 13, '26 $4,850,000
Jan 13, '26 - Jan 27, '26 $4,790,000
Jan 27, '26 - Feb 16, '26 $4,700,000
Feb 16, '26 - Mar 16, '26 $4,600,000
Mar 16, '26 - Mar 25, '26 $4,500,000
Mar 25, '26 - Apr 21, '26 $4,350,000
Apr 21, '26 - May 27, '26 $4,200,000
May 27, '26 - Today $3,995,000

Additional Details

AIR Central Air
AIR CONDITIONING Yes
CONSTRUCTION Brick
HEAT Forced Air
LOT 1.4 acre(s)
LOT DESCRIPTION Level
SEWER Public Sewer
STORIES 3
TAXES 94233
WATER Public
ZONING BA

Location

 

Contact us about this Property

 / 
We respect your online privacy and will never spam you. By submitting this form with your telephone number you are consenting for Scott Bayne to contact you even if your name is on a Federal or State "Do not call List".
Listing courtesy of Century 21 AllPoints Realty
Copyright Smart MLS. All rights reserved. Information is deemed reliable but not guaranteed to be accurate.

This IDX solution is (c) Diverse Solutions 2026.

Email a Friend