Davenport & Congress Approved Development Site

326-384 Davenport Avenue & 859-879 Congress Avenue, New Haven, CT 06519

  • For Sale $5,820,000
  • Property Type VacantLand
  • Lot Size 1.99 Acre
  • Date Updated Jan 22, 2024
The Hill is a historic neighborhood adjacent to Downtown New Haven and Yale University. Listed on the National Register of Historic Places, The Hill features a wide range of apartments and condos for rent that reflects its history dating back to the 1800s. There are rentals available for every budget. The neighborhood also maintains its quaint charm with several mom-and-pop restaurants scattered around the area. Along with being near Yale University, The Hill is home to several parks and medical facilities including Yale New Haven Hospital Emergency Room and Yale School of Medicine. The Hill is also convenient to the University of New Haven and Yale’s western campus. The Hill is within walking distance of downtown, but the bus system will also take you into the heart of the city and other hotspots.Davenport & Congress is a 1.99-acre development site fully approved to build a 194-unit apartment complex. Full civil, architectural, and engineering drawings are complete. Market rents for apartments in the immediate neighborhood surpass $3/SF/month. The BA zone allows for extremely diverse uses including multifamily residential, retail, automotive, outdoor storage, medical, hospitality, parking structures, or office among others, in the event a new owner wanted to modify the existing plan or develop it for a different use. New Haven is a Biotech Hub and one of the most dynamic markets in the state of Connecticut. The property is 1 mile from 101 College Street, a brand new 500,000 SF bioscience lab building. The property is also conveniently 0.7 miles from Yale New Haven Hospital and stands near several other hospitals and universities including Yale New Haven Saint Raphael's, Yale University, University of New Haven, Southern Connecticut State University, and Albertus Magnus College.

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Highlights

  • Approved 194-Unit Multifamily Development Site
  • Apartment Rents in Submarket Exceed $3/SF/Month
  • 1.99 Acres in BA Zone
  • Zoning Allows for Many Uses Including Multifamily, Retail, Medical, Office, Parking & Outdoor Storage
  • Dynamic & Growing Market
  • 0.7 Miles to Yale New Haven Hospital

Contacts

broker

Brad Balletto

Northeast Private Client Group

(203) 307-1574

Location

Getting Around

  • Walk Score ®

    73/100 Very Walkable
  • Transit Score ®

    52/100 Good Transit
  • Bike Score ®

    60/100 Bikeable
Powered by Walk Score ®
  • City New Haven, CT
  • Neighborhood Hill
  • Zip Code 06519
  • Market Bridgeport New Haven

Points of Interest

  • New Haven Union Station

    0.95 miles

  • New Haven-State Street

    1.26 miles

  • West Haven

    2.16 miles

  • Branford

    6.83 miles

  • Derby-Shelton

    7.36 miles

  • Ansonia

    7.68 miles

  • Milford

    7.97 miles

  • Seymour

    9.40 miles

  • Stop & Shop

    1.10 miles

  • BP

    1.16 miles

  • Mobil

    1.21 miles

  • Best Gas

    1.23 miles

  • Mobil

    1.30 miles

  • Citgo

    1.39 miles

  • Shell

    1.66 miles

  • Hess

    1.73 miles

  • Exxon

    1.90 miles

  • Citgo

    1.95 miles

  • Howard Avenue Garage

    0.49 miles

  • Lot 1

    0.50 miles

  • Orchard/Sherman Parking Lot

    0.51 miles

  • Lot 4

    0.53 miles

  • Lot 47

    0.58 miles

  • Lot 96

    0.60 miles

  • Lot 8

    0.60 miles

  • Air Rights Garage

    0.71 miles

  • Lot CP2

    0.74 miles

  • George Street Garage

    0.75 miles

  • The Blake Hotel

    0.84 miles

  • New Haven Hotel

    0.90 miles

  • The Study

    0.92 miles

  • The Study at Yale

    0.93 miles

  • Graduate New Haven

    0.94 miles

  • Omni New Haven Hotel at Yale

    1.02 miles

  • New Haven Village Suites

    1.08 miles

  • Courtyard New Haven at Yale

    1.13 miles

  • Super 8

    1.23 miles

  • La Quinta Inn & Suites New Haven

    1.32 miles

  • Four Js Big Deli

    0.31 miles

  • China Cafe

    0.34 miles

  • Smokin' Wings

    0.36 miles

  • Dairy Queen

    0.46 miles

  • Nelly's

    0.54 miles

  • Imperial Wok

    0.56 miles

  • Gennaro's Apizza Cafe

    0.56 miles

  • SoBol

    0.64 miles

  • Tikkaway

    0.66 miles

  • Subway

    0.69 miles

  • John C Daniels School of International Communication

    0.38 miles

  • Vincent E Mauro School

    0.43 miles

  • Welch School

    0.44 miles

  • Roberto Clemente Leadership Academy For Global Awareness Magnet School

    0.47 miles

  • Truman School

    0.48 miles

  • Hill Regional Career High School

    0.49 miles

  • Hill Central School

    0.51 miles

  • Yale University

    0.53 miles

  • Prince School

    0.59 miles

  • School of Medicine

    0.64 miles

  • Phyllis Bodel Childcare Center

    0.68 miles

  • Kiddie Korner Daycare

    1.64 miles

  • Westville Community Nursery School

    2.19 miles

  • Calvin Hill Day Care Center

    2.37 miles

  • Leila Day Child Care Center

    2.44 miles

  • Sunshine Daycare

    3.51 miles

  • Holly Hill

    5.02 miles

  • Once Upon A Time

    8.34 miles

  • Pine Orchard School

    8.59 miles

  • Tutor Time

    9.31 miles

Frequently Asked Questions

What is the lease rate for Davenport & Congress Approved Development Site?

Rental asking rate at Davenport & Congress Approved Development Site is $2,910,000.00/YR.

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Contact Listing Broker

broker

Brad Balletto

Northeast Private Client Group

(203) 307-1574