490 Prospect Street New Haven, CT 06511

242106995 41.326096 -72.92301 221 /listing/242106995-150271808/490-prospect-street-new-haven-ct-06511 False 0 5650000.0 26911 101 170197432 False
  • $5,650,000
  • 26,911 sqft
  • 1.38 lot
  • Est payment $30330.42/mo

Property & Neighborhood Info

Courtesy Of Real Living Wareck D'Ostilio

Commercial in New Haven

Spectacular Institutional Property Adjacent to Yale University- 1.38 Acres with 3 buildings including 24 dwelling units, office space, meeting and guest rooms in the heart of New Haven including 490 Prospect Street (aka Farrel Mansion) a beautiful Georgian Colonial Revival home built in 1911 and beautifully maintained and renovated featuring herringbone hardwood floors, marble fireplaces, beautiful trim and paneling, and gracious open staircase and 10 guest rooms. Square footage of Farrel Mansion is approximately 9,562 square feet not including additional 972 sq feet in lower level (offices and storage). In addition to Farrel Mansion, property also includes two additional buildings with 24 units total as well as additional meeting, office, kitchen spaces. 492 Prospect (aka Doane Hall) 8,892 total sq feet features 11 units with kitchenettes was renovated in 1986. 411 Manfield (aka Great Commission Hall) built in 1999 features 8,457 square feet and includes 13 units total all with kitchenettes as well as large meeting space and expansive kitchen for events. Properties are RM2 Zoned combined office and residential with great parking and potential uses include school/acadmic or development into apartments for income production. CO FOR ALL UNITS! Stainless outdoor kitchen, irrigation, Central Air and split units, newer boilers/furnaces, and more! Floor plans/architectural plans available.

Courtesy Of Real Living Wareck D'Ostilio
  1. 26,911 Sq. Ft.
  2. 1.38 Lot

Main Features

  • Listing Status: Active
  • Year Built: 1911
  • Floors: 3
  • County: New Haven County
  • Taxes: $111,413.00
  • Units: 24
  • Zoning: RM2
  • MLS Number:170197432

Additional Features

  • Cooling:
    • Central Air
    • Wall Unit
    • Window Unit
    • Zoned
  • Exclusions:
    • see attached list
  • Flooring:
    • Ceramic Tile
    • Tile
    • Vinyl
    • Wall-to-Wall Carpet
    • Wood
  • Interior Features:
    • Handicap Design
    • Public Restrooms
  • Sqft Source:
    • Owner
  • Restrooms:
    • 37
  • Business Type:
    • Investment
    • Office
    • Other
    • Residential Income
  • Construction:
    • Brick
    • Frame
    • Other
  • Garage:
    • Off Street Parking
    • Paved
  • Location:
    • Suburban
    • Urban
  • Roof:
    • Metal
    • Slate
  • Foundation:
    • Concrete
  • Dock:
    • 0
  • Exterior:
    • Gutters
    • Lighting
    • Sidewalk
    • Underground Sprinkler
  • Flood Zone:
    • N
  • Lot Description:
    • Corner Lot
    • Dry
    • Treed
  • Parking Spaces:
    • 30
  • Fuel:
    • Natural Gas
  • Heating:
    • Baseboard
    • Hot Air
    • Natural Gas
    • Other
    • Steam
  • Sewer:
    • Public Sewer Connected
  • Utilities:
    • Cable
    • Electric
    • Gas
  • Handicap Features:
    • Handicap Parking
  • Present Use:
    • Office, residential/rentals
  • Road Frontage:
    • Paved Road
  • Water:
    • Public Water Connected
  • Bank Owned:
    • N
  • Documents On File:
    • Other
  • Complex Name:
    • Overseas Ministries Study Center
  • Covered Spaces:
    • 0
  • Possession:
    • Dec 2019/Jan 2020
Neighborhood info courtesy of Homes.com © 2019

What's My Mortgage?

$38,769.95*
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WEICHERT, REALTORS® - Suburban Properties
WEICHERT, REALTORS® - Suburban Properties
(203) 689-5499

490 Prospect Street New Haven, CT 06511

242106995 41.326096 -72.92301 221 /listing/242106995-150271808/490-prospect-street-new-haven-ct-06511 False 0 5650000.0 26911 101 170197432 False
  • $5,650,000
  • 26,911 sqft
  • 1.38 lot
  • Est payment $30330.42/mo