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Temple Street
New Haven, Connecticut
$4,250,000 Price
7 Bedrooms  
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Photo 1 of Temple Street, New Haven, Connecticut, $4,250,000, Web #: 24070794Previous PhotoNext Photo1 of 14

This architectural gem is a prime mixed-use building located in the heart of downtown New Haven, blocks away from Yale University. The site features 10 residential units with condo-level finish and 1 spacious ground floor retail space, currently occupied by the acclaimed restaurant-bar Olives and Oil, but potentially suitable...

This architectural gem is a prime mixed-use building located in the heart of downtown New Haven, blocks away from Yale University. The site features 10 residential units with condo-level finish and 1 spacious ground floor retail space, currently occupied by the acclaimed restaurant-bar Olives and Oil, but potentially suitable for a national, regional, or local retail user or retail tenant. The 10 residential units bring in approximately $18,000 a month of rent, and the ground floor commercial space brings approximately $10,731 a month of rent, totaling approximately $28,731 a month in total rent. This corner brick-stone building comprises approximately 12,618 square feet, with 8,412 square feet designated for apartments and 4,206 square feet for a restaurant. Unique opportunity for a new owner to reinvigorate leasing and serve as a new steward of this stunning building. 124 Temple Street features historic brick facade, corner lot presence, and ornate architectural details like decorative cornices, stone accents. The building blends seamlessly into the cityscape and the Yale central campus area. Ideal for owner-users or investors, the property features generational location, within blocks of Yale University's central campus, and near the bustling restaurant and cultural scene of Crown Street. With its unbeatable location, rich character, and high visibility, 124 Temple Street is ideal for a future owner seeking a premier asset in the thriving New Haven submarket.

Listing courtesy of Farnam Realty Group

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* All information furnished regarding property for sale, rental, financing or estimated mortgage rates is from sources deemed reliable but no warranty or representation is made as to the accuracy thereof. For further financing information, please contact a Brown Harris Stevens agent.

Listing Details

New Listing
New Haven, Connecticut
Type: House
Price: $4,250,000
Re Tax: $91,146
Date Listed: 1/28/2025
Approx. sqft: 12,618 sf
Web ID: 24070794

Info & Amenities

Type: Multi Family
Rooms: 29.0
Bedrooms: 7
Bathrooms: 10.0
Built: 1900

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