414 Mather Street, Hamden, CT 06514 (MLS # 24195301)


Price $13,800,000
Status Active
Size 45,552 sqft
Lot Size 1.57 ac
Days on Market 16
Built in 2024, nearly 70% occupied, and projecting a 6% cap rate, 414 Mather Street is the turnkey mixed-use investment opportunity your portfolio has been waiting for. The property features 37 luxury residential units and 2 retail spaces, offering an attractive mixed-use investment in a highly populated and conveniently located area. The residential component includes a desirable mix of one-bedroom, one-bathroom; two-bedroom, one-bathroom; and two-bedroom, two-bathroom residences. Each thoughtfully designed unit features high-end finishes, wide-plank flooring, nine-foot ceilings, recessed lighting, abundant natural light, and a private patio or balcony. The kitchens are appointed with quartz countertops, breakfast bars, stainless steel appliances, and custom cabinetry, while the spacious bedrooms offer generous closet space. Bathrooms feature tile flooring, extended vanities, and subway-tiled tub and shower enclosures. Every residence also includes an in-unit stackable washer and dryer. With strong lease-up activity and nearly 70% occupancy already in place, the property is currently projecting an attractive 6% cap rate. Ideally situated near the Merritt Parkway, Hamden Plaza, shopping, dining, and the Farmington Canal Heritage Trail, 414 Mather St. combines new construction, strong rental appeal, accessibility, and long-term investment potential. This is a rare opportunity to acquire one of Hamden's newest luxury multifamily assets & position your portfolio.
Property Type(s): Commercial
Last Updated 7/30/2026 Year Built 2024
County New Haven

Additional Details

AIR Central Air
AIR CONDITIONING Yes
CONSTRUCTION Concrete, Metal Siding, Steel Siding
HEAT Electric, Heat Pump
INTERIOR Elevator
LOT 1.57 acre(s)
LOT DESCRIPTION Level
SEWER Public Sewer
STORIES 4
TAXES 110313
WATER Public
ZONING T-5

Location

 

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Listing courtesy of Serhant Connecticut, LLC
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