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111 Lenox Street 111 Lenox St 9 Unit Apartment Building $1,350,000 ($150,000/Unit) 7.55% Cap Rate New Haven, CT 06513
Investment Highlights
- Access and Connectivity
- Desirable Brick Construction
- Strong Rental Demographics and Demand
- Area Amenities and Demand Drivers
- Off Street Parking
- Quality of Life Amenities
Executive Summary
Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the multi-family investment property located at 111 Lenox Street in New Haven, CT (the “Property”). The three-story building contains five (5) 2-Bedroom/1-Bathroom units and four (4) 1-Bedroom/1-Bathroom units with 7,497 square feet of gross living area in 10,500 square feet of gross area. The Property is situated upon a 0.52-acre parcel and features ample off-street parking via a lot to the rear.
111 Lenox Street is well-positioned in New Haven’s Fair Haven Heights neighborhood, offering strong access to the city’s central business district, neighborhood retail corridors, and surrounding residential communities. The Property benefits from convenient connectivity to major regional routes including East Grand Avenue, I-91, and nearby Interstate 95, providing efficient regional access throughout Greater New Haven, the Connecticut shoreline, and the broader Northeast corridor
111 Lenox Street is well-positioned in New Haven’s Fair Haven Heights neighborhood, offering strong access to the city’s central business district, neighborhood retail corridors, and surrounding residential communities. The Property benefits from convenient connectivity to major regional routes including East Grand Avenue, I-91, and nearby Interstate 95, providing efficient regional access throughout Greater New Haven, the Connecticut shoreline, and the broader Northeast corridor
Property Facts
| Price | $1,350,000 | Property Subtype | Apartment |
| Price Per Unit | $150,000 | Building Class | C |
| Sale Type | Investment | Building Size | 10,500 SF |
| Cap Rate | 7.55% | No. Stories | 3 |
| No. Units | 9 | Year Built | 1965 |
| Property Type | Multifamily |
| Price | $1,350,000 |
| Price Per Unit | $150,000 |
| Sale Type | Investment |
| Cap Rate | 7.55% |
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Building Size | 10,500 SF |
| No. Stories | 3 |
| Year Built | 1965 |
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Moderately walkable
60/100
Exceptionally drivable
90/100
Some public transit
50/100
Moderately bikeable
60/100
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111 Lenox Street | 111 Lenox St
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