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32475279
32475180

1280 Townsend Avenue, New Haven, CT 06513 For Sale

DK
MA MA 9504385
Horvath & Tremblay
TC
RES.0796773
Horvath & Tremblay
Listed by Horvath & Tremblay
$1,050,000
67 days on market
Updated 53 days ago

1280 Townsend Avenue

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 9,293
Net Rentable (SqFt) 5,693
Units 6
Cap Rate 7.44%
Price per SqFt $184
Year Built 1968
Buildings 1
Stories 2
Acreage 0.370
Ownership Fee Simple

Multi-Family | 9,293 SqFt | 6 Units

Marketing description

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the multi-family investment property located at 1280 Townsend Ave in New Haven, CT (the “Property”). The two-story building contains six (6) 2-Bedroom/1.5-Bathroom units with 5,693 square feet of gross living area in 9,293 square feet of gross area. Each unit is a townhouse style apartment with direct entry through the front and the rear. The Property is situated upon a 0.37-acre parcel and features off-street parking spaces via a lot to the rear.

1280 Townsend Avenue is well-positioned in New Haven’s Annex neighborhood, offering strong access to the city’s employment centers, shoreline amenities, and surrounding residential neighborhoods. The property benefits from convenient connectivity to major regional routes including Townsend Avenue, Interstate 95 via the nearby Lighthouse Point / Frontage Road interchange, and close proximity to Interstate 91, providing efficient regional access throughout Greater New Haven, the Connecticut shoreline, and the broader Northeast corridor.

Investment highlights

ACCESS & CONNECTIVITY

1280 Townsend Avenue offers convenient access and connectivity in New Haven’s East Shore area, with direct access to Townsend Avenue, a key northsouth roadway that connects into the city’s broader street network and provides an easy route toward downtown New Haven.

The Property is also well served by CTtransit bus service in the New Haven market, with nearby bus stops along Townsend Avenue and connections to the citywide transit system, making local travel accessible without relying solely on a car.

For rail travel, New Haven State Street Station and New Haven Union Station are both within reach, providing access to Shore Line East, Metro-North, Amtrak, and Hartford Line service for regional commuting and travel throughout Connecticut and beyond.

AREA AMENITIES & DEMAND DRIVERS

1280 Townsend Avenue benefits from a strong residential draw in New Haven’s East Shore area, where apartment demand is supported by the city’s large and diverse employment base, institutional presence, and coastal setting.

The Property is well positioned for renters who want proximity to downtown New Haven, Yale University, and Yale New Haven Hospital, while still living in a more residential neighborhood with easy access to shoreline amenities, parks, shopping, and major roadways.

The area’s employment drivers are anchored by Yale University and Yale New Haven Hospital, two of the region’s largest and most influential employers, along with additional job centers in downtown New Haven and nearby Science Park and industrial corridors.

FAMOUS NEW HAVEN LOCATION

New Haven is widely recognized as the pizza capital of the United States, with its well-known “apizza” tradition serving as a major cultural and lifestyle draw. Local favorites such as Zeneli Pizzeria and Casanova complement the city’s legendary pizza reputation and reinforce the market’s appeal as a destination for both residents and visitors.

The Property also benefits from proximity to waterfront attractions at nearby City Point, allowing for scenic views and upscale dining options.

UTILITIES

Tenants are responsible for electric-powered heating & hot water, as well as separately metered electricity, which they pay directly. The Landlord is responsible for providing city water & sewer, which they pay directly.

OFF-STREET PARKING

The Property benefits from off-street parking via a lot to the rear, capable of fitting over six (6+) cars.

STRONG RENTAL DEMOGRAPHICS & DEMAND

More than 12,600 people live within 1 mile of the Property with an average household income of $67,460. Over 127,700 people reside within 3 miles of the Property with an average household income of $92,741.

QUALITY OF LIFE AMENITIES

1280 Townsend Avenue benefits from a strong quality-of-life amenity base within New Haven’s Annex neighborhood, offering residents convenient access to both neighborhood-serving retail and the broader dining and entertainment offerings of Downtown New Haven.

Local favorites including Tavern On State, the LUKE BRASSERIE, and The Crooked Goat Kitchen and Bar provide strong full-service options, while the Downtown core also offers a wide mix of national chains and quick-service restaurants such as Starbucks, Chipotle, and Panera that support daily convenience for apartment residents.

Immediate grocery and convenience options include Walmart Supercenter along Foxon Boulevard, R & M Corner Market for neighborhood convenience shopping, and My Country Store in nearby East Haven. For larger-format retail and shopping center access, the property benefits from close proximity to East Haven Plaza, East Haven Outlet Center, and Kelly Commons, all located within approximately 2 miles.

Listing Contacts

DK
MA MA 9504385
Horvath & Tremblay
TC
RES.0796773
Horvath & Tremblay
Listed by Horvath & Tremblay

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Additional Information

Name
Ethan Cole
License
REB.0791749
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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