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725 Whitney Ave
New Haven, CT 06511
Eli Whitney Court · Multifamily Property For Sale · 26 Units
PROPERTY FACTS
No. Units | 26 | Lot Size | 0.51 AC |
Property Type | Multifamily | Building Size | 16,987 SF |
Property Subtype | Apartment | No. Stories | 3 |
Apartment Style | Low Rise | Year Built | 1965 |
Building Class | C | Parking Ratio | 0.94/1,000 SF |
No. Units | 26 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Low Rise |
Building Class | C |
Lot Size | 0.51 AC |
Building Size | 16,987 SF |
No. Stories | 3 |
Year Built | 1965 |
Parking Ratio | 0.94/1,000 SF |
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
About 725 Whitney Ave , New Haven, CT 06511
Eli Whitney Court apartments is a 26 unit brick apartment building in the East Rock section of New Haven. The building boasts an ideal unit mix for Yale-related tenants in a great location. The large parking lot offers potential additional income. Tenants can take advantage of the laundry facility, as well as the Yale shuttle stop a few steps away. New Haven is the second largest city in Connecticut and is a part of the NY Metropolitan area. The city has a population of about 131,000 residents and of that around 70% are renters. The city is heavily influenced by its connection to Yale University. Yale is the city’s largest employer (and taxpayer) followed by Yale – New Haven Hospital. The economy is therefore oriented towards world class institutions of education and healthcare, two industries considered to be less susceptible to cyclical economic downturns and poised for growth in a service oriented economy. Beyond Yale, the city is home to the headquarters of Assa Abloy, Alexion Pharmaceuticals, Covidien, and United Illuminated and Southern Connecticut State University among others. Employers benefit from proximity to both NYC and Boston and a highly educated workforce. In 2017, Verizon released a study that ranked New Haven as one of the top 10 cities in America to launch a tech startup, and ranked it number two in New England behind only Boston. New Haven is considered the cultural capital of Connecticut, with a number of museums and theaters. It has undergone a recent transformation with significant investments into real estate development and infrastructure and has increasingly become a destination for renters attracted to the available entertainment, walkable downtown and metropolitan character of the city.
PROPERTY TAXES
Parcel Number | NHVN-000216-000482-000700 | Improvements Assessment | $1,582,490 |
Land Assessment | $437,500 | Total Assessment | $2,019,990 |
PROPERTY TAXES
zoning
Zoning Code | N/A |
N/A |
Learn More About Investing in Apartment Buildings
Listing ID: 13503457
Date on Market: 8/15/2018
Last Updated:
Address: 725 Whitney Ave, New Haven, CT 06511
The Multifamily Property at 725 Whitney Ave, New Haven, CT 06511 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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