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- LoopNet Team
91 Howe St
New Haven, CT 06511
91 Howe St · Multifamily Property For Sale
·
36 Units
INVESTMENT HIGHLIGHTS
- Irrerplaceable Location Next to Yale University
- Over $400,000 in Recent Capital Improvements
- Value-Add Program with Proven Upside
- Located within Two Blocks of the Broadway Shopping District
PROPERTY FACTS
| No. Units | 36 | Lot Size | 0.13 AC |
| Property Type | Multifamily | Building Size | 14,060 SF |
| Property Subtype | Apartment | No. Stories | 5 |
| Apartment Style | Mid-Rise | Year Built | 1920 |
| Building Class | C | Parking Ratio | 0.57/1,000 SF |
| Zoning | BA | ||
| No. Units | 36 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.13 AC |
| Building Size | 14,060 SF |
| No. Stories | 5 |
| Year Built | 1920 |
| Parking Ratio | 0.57/1,000 SF |
| Zoning | BA |
AMENITIES
UNIT AMENITIES
- Dishwasher
- Granite Countertops
- Hardwood Floors
SITE AMENITIES
- Fitness Center
- Laundry Facilities
ABOUT 91 HOWE ST , NEW HAVEN, CT 06511
The property, 91 Howe Street, features 36 studio apartments (approximately 400 square feet). The current owners are just over halfway through a significant value-add renovation program. Twenty-two of the 36 apartments have been renovated with stone countertops, stainless steel appliances, modern light fixtures, refinished hardwood floors, and renovated bathrooms with subway tile tub surrounds, updated vanities, unique shower fixtures, and new toilets. The building also now offers a basement laundry lounge and a fitness center for tenant convenience. Tenants are responsible for individual electricity. The owner provides cold water/sewer and gas for steam heat and hot water. In addition to being steps from the majority of Yale University’s Campus, 91 Howe is situated right in between two of the most frequented shopping/dining destinations serving downtown New Haven: The Broadway Shopping District and Chapel Street Shopping District. The “Broadway Triangle” includes retailers such as J.Crew, Apple, Urban Outfitters, lululemon, the Yale Bookstore, Barbour, Patagonia, L.L.Bean, and more. The Chapel Street Shopping District is home to some of New Haven’s most popular restaurants, including Union League Café, The Study at Yale, ZINC, Claire’s, Basta, Louis’ Lunch, BAR, Geronimo, Elm City Social, Barcelona, Olives and Oil, and more.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 36 | $1,250 | 375 - 425 |
PROPERTY TAXES
| Parcel Number | NHVN-000280-000270-000100 | Improvements Assessment | $1,218,490 |
| Land Assessment | $630,000 | Total Assessment | $1,848,490 |
PROPERTY TAXES
