55 Marvel Road, New Haven, CT 06515
55 Marvel Road, New Haven, CT 06515
55 Marvel Road, New Haven, CT 06515
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$1,800,000
Est. payment /mo
10 Baths
10,200 SqFt
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Key Details

Property Type Commercial

Listing Status Under Contract

Purchase Type For Sale

Square Footage 10,200 sqft

Price per Sqft $176

MLS Listing ID 24125301

Full Baths 10

Year Built 1920

Annual Tax Amount $29,935

Lot Size 0.350 Acres

Property Description

This unique piece of New Haven History is back on market because of financing issues. Now is your chance! 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. 6 units will be empty at closing, ready for new owners to update to taste & re-rent (or sell, if condos are preferred). 5 other tenants hope to stay, but understand that if so, rents will need to increase. The unfinished 3rd floor features over 5000 sq ft of potentially developable space + some 4000 sq ft more in the lower level.

Location

State CT

County New Haven

Zoning RS2

Interior

Heating Hot Water, Steam

Cooling None

Flooring Wood

Exterior

Exterior Feature Gutters, Lighting

Utilities Available Electric, Gas, Phone Available, Cable

Roof Type Asphalt Shingle

Building

Lot Description Treed, Dry, Level Lot

Foundation Concrete

Sewer Public Sewer Connected

Water Public Water Connected


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Listed by Rebecca Weiner • Betsy Grauer Realty, Inc

Nearby Locations

Keith Evans
Keith Evans

Sales Vice President | License ID: REB.0757407

+1(203) 733-4212 | keith.evans@raveis.com

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