849-851 Chapel St 2 Retail Properties in New Haven, CT
INVESTMENT HIGHLIGHTS
- Prime development opportunity.
- Prime area near New Haven Green and Yale University.
EXECUTIVE SUMMARY
Houlihan Lawrence is pleased to present 849 & 851 Chapel Street in New Haven, Connecticut. The property is currently primed for development, including apartment units with roof access and commercial space on the first floor and basement level. The properties sit in between Church and Orange Street and are half a block away from the New Haven Green and one block away from Yale University's campus. 849 and 851 Chapel Street are two adjacent properties located in Downtown New Haven. Floors 2-4 are vacant and the first floor on both properties is occupied by month-to-month tenants totaling $84,000 per year in rental Income.
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PROPERTY FACTS
| Sale Condition | Redevelopment Project |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 12,234 SF |
| Total Land Area | 0.11 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 849 Chapel St, New Haven, CT 06510 | Retail | 6,489 SF | 1900 | - |
| 851 Chapel St, New Haven, CT 06510 | Retail | 5,745 SF | 1900 | - |
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