55 Marvel Road

New Haven, Connecticut 06515

Status
Sale Pending
Square Feet
10,200
Beds
0
Price
$1,800,000
Type
Commercial For Sale
Garages
Baths
10
MLS
24125301

Price

$1,800,000

Contact an Agent

Interior Details

Interior Size
10,200 Sq Ft
Bedrooms
0
Bathrooms
10
Rooms Total
Garage

Exterior Details

Lot Size
0.35 Acres
Roof
Asphalt Shingle
Sewer
Public Sewer Connected
Construction
Construction
Cooling
None

Other Information

Property Tax
$29,935
Assessed Value
$379,780
Elementary School
NULL
Middle School
NULL
High School
NULL

About Property

Own a unique piece of New Haven History! This gorgeous jazz-age apartment building in the heart of Westville features 9' ceilings, hardwood floors, lovely moldings & balusters. Most of the original craftsmanship remains, waiting to be brought back to full glory. Sit in the shaded courtyard or generous apartments and you can almost hear Billie Holiday singing "Night & Day" while Cole Porter taps along.... Grandfathered as-built in 1926, the building sits on a quiet, highly coveted mostly single-family residential block in an RS2 zone; it's like may never be built again. Based on apartment layouts, doors, windows, & moldings, it appears 10 apartments + superintendent unit were original design. Used as 11 units since at least the 1950s, the building is designated as 11 units with LCI, which has regularly inspected. Certificate of Occupancy however was issued in 1926 for 8 units; buyers must do their diligence about bringing non-conforming units into compliance. 4 units will be empty at closing, ready for new owners to update to taste & re-rent (or sell, if condos are preferred). 7 other tenants hope to stay, but understand that if so, rents will need to increase. The empty 3rd floor features over 5000 sq ft of potentially developable space + some 4000 sq ft more in the lower level. MULTIPLE OFFERS IN; HIGHEST & BEST BY 10/16/25, 5 PM, THANKS.
Listed by Betsy Grauer Realty, Inc, Rebecca Weiner. Data sourced from SmartMLS

Schedule Showing