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1435 State St
New Haven, CT 06511 East Rock

$3,995,000 USD

Apartments For Sale • 18,097 SF

Property Details

Property Type Apartments
Total Building Size 18,097 SF
Lot Size 1.4 AC
Building Class C
Year Built 1900
Cap Rate 5.47 %
Zoning BA

60 Transit Score

50 Walk Score

                
                    Highlights
                
                                Exceptional investment opportunity in a beautifully restored historic brick building  Well maintained 21 units
                            
                                Property features a mix of 6 studios, 10 one-bedroom units, and 5 two-bedroom units (some with two baths). 
                            
                                Ideally situated near East Rock Park, restaurants, shops, and just minutes from downtown New Haven and Yale University.

Property Flyers

1435 State St, New Haven OM (5)

Financial Summary (Actual)

Net Operating Income: $219,790 USD (2025)

Cap Rate:	5.47 %
Total Expenses:	$148,795 USD

Public Transportation

Commuter Rail	Drive	Walk	Distance
New Haven-State St (Hartford Line - Metro-North Railroad, New Haven - Metro-North Railroad)	4 min	-	1.9 mi
New Haven (Amtrak Hartford Line - Amtrak, Commuter Rail - Amtrak, Northeast Regional - Amtrak, Shore Line East Train - Amtrak, Valley Flyer - Amtrak)	5 min	-	2.2 mi
Airport	Drive	Walk	Distance
Tweed/New Haven	11 min	-	5.1 mi

Lisa Cozzi 860-508-2102 The Cozzi Team

1435 State St New Haven, CT 06511 East Rock