1083-1091 Whalley Avenue

Westville sits in the northwest corner of New Haven, bounded by the West River, the Woodbridge town line and the West Rock ridge. Its tree-lined residential streets surround Westville Village, a historic commercial center along Whalley Avenue that has been listed on the National Register of Historic Places since 2003. The village is known for its cafes, brunch spots, galleries and Lyric Hall, a restored 1912 theater building. Green space is close at hand. West Rock Ridge State Park rises directly to the north, Edgewood Park runs along the West River just south of the village, and Beecher Park sits a few blocks from the property. Yale’s athletic campus is also in Westville, including the Yale Bowl, a National Historic Landmark. The neighborhood is home to the Hopkins School, one of the oldest schools in the country. 1083–1091 Whalley Avenue sits on Whalley Avenue (Route 63), about 0.4 miles from the village center, with a CVS next door and a Stop & Shop about a mile up the road on Amity Road. Southern Connecticut State University is about a mile away, Yale and Yale New Haven Hospital are about three miles away, and the Wilbur Cross Parkway (Route 15) is about a mile and a half away at Exit 59.Northeast Private Client Group is pleased to exclusively present 1083–1091 Whalley Avenue, a newly constructed, 20-unit investment property in New Haven’s desirable Westville neighborhood. The property comprises three buildings on two contiguous parcels totaling 0.54 acres, with on-site paved parking. The unit mix includes studios, one- and two-bedroom apartments, two-bedroom townhomes with one-and-a-halfbaths, and three-bedroom units with two-and-a-half baths, along with one commercial space leased to a long-term operator. Most units have electric heat and central A/C, and many offer in-unit laundry. The two apartment buildings have wet sprinkler systems. New construction provides limited anticipated near-term capital needs, while introductory rents offer a meaningful opportunity to increase revenue without a renovation program. Across all 20 units, in-place rents average $1,694 per month against a pro forma average of $2,025, representing approximately $80,000 in potential annual rental upside. A new owner can capture higher residential rents through ordinary turnover. Westville offers a walkable village center with independent restaurants, shops, and galleries, complemented by tree-lined residential streets and nearby Edgewood Park and West Rock Ridge State Park. Rental demand is supported by Yale University, YaleNew Haven Health, and Southern Connecticut State University. Convenient access to Route 15, I-95, I-91, and rail service at Union Station strengthens the location’s appeal. 1083–1091 Whalley Avenue combines new construction, modern amenities, and substantial rental upside in one of New Haven’s most established residential neighborhoods. All qualified parties are invited to request the full offering package and schedule a private tour through Northeast Private Client Group