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$1,995,000
5 Baths ⋅ 24081517 MLS
We are pleased to offer this well-maintained Industrial facility, that also offers potential for adaptive reuse to residential. PROPERTY HIGHLIGHTS Fully Sprinklered, Wet System Heating: Main System, Oil Fired, Gas units in Warehouse 400 amp, 3 Phase Electrical Service Built in 1919, Very Well Maintained Freight Elevator PROPERTY SUMMARY Lot Size: .77 Acre / Building Ceiling Height-Varies 10' to 12' Masonry Construction Zone: RM-1 3 Parcels Included: 373 Lexington Avenue: .77-acre site improved with a 32,643 sf one to two story masonry factory / warehouse building constructed in 1919, the addition was constructed in the 70's. The 1st floor totals 19,240 SF including the 6,000 sf single story warehouse with overhead doors and dock. 2 Additional Parcels: Lexington Avenue: .09 Acre site Land (Potential for Future Parking), 82 East Grand Avenue: .12 Acre site-land (Potential for Future Parking)

373 Lexington Ave, New Haven
$975,000
15 Beds ⋅ 7 Baths ⋅ 24103991 MLS
Following strong investor interest and a review of the property's financial performance, the asset has been repositioned to reflect its stabilized income and long-term value. Fully stabilized and well-maintained 5-unit multifamily delivering immediate cash flow and operational stability. The property is 100% occupied with proven tenant history, consistent collections, and strong in-place income exceeding $125,400 annually. Several units feature recent updates and improvements that support tenant retention and continued rent growth. Efficient operating expenses and a solid NOI create a strong overall performance profile. Located in a high-demand rental market in New Haven, this turnkey investment offers both immediate yield and long-term upside. Ideal for investors seeking a stabilized, income-producing asset with reliable performance and DSCR-compatible metrics.

83 James St, New Haven

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