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1155 Whalley Ave - Approved 2.9 Acre Building Site 3.13 Acres of Commercial Land in New Haven, CT 06515
Investment Highlights
- Positioned for Flexible Development Optionality
- Proximity to Major Employment Drivers
- Strategic Suburban New Haven Location
- Strong Housing Fundamentals & LimitedSenior Supply
Executive Summary
1155 Whalley Ave presents an opportunity to acquire a fully site plan approved multifamily development site in the suburban Westville/Amity corridor of New Haven. The property is currently approved for a 140-unit market-rate multifamily development, while also offering flexibility to pursue the site’s previously approved 124-unit senior housing concept, creating a rare opportunity to tailor the project toward conventional multifamily, active adult, or senior housing demand depending on market conditions and investment strategy.
Strategically positioned along Whalley Avenue, the property benefits from direct connectivity to Downtown New Haven while maintaining a suburban neighborhood feel that is increasingly attractive to renters seeking accessibility without the density of the urban core. The site is located within close proximity to major economic anchors including Yale University, Yale New Haven Hospital, and the broader medical, biotech, and education employment corridor that continues to drive housing demand throughout the region.
New Haven remains one of the Northeast’s premier “eds and meds” markets, supported by a highly educated workforce, stable institutional employment base, and continued investment into housing and infrastructure. Demand for quality housing continues to outpace supply in the market, particularly for newer product offering modern amenities with convenient access to Downtown New Haven, major highways, and regional transit.
Strategically positioned along Whalley Avenue, the property benefits from direct connectivity to Downtown New Haven while maintaining a suburban neighborhood feel that is increasingly attractive to renters seeking accessibility without the density of the urban core. The site is located within close proximity to major economic anchors including Yale University, Yale New Haven Hospital, and the broader medical, biotech, and education employment corridor that continues to drive housing demand throughout the region.
New Haven remains one of the Northeast’s premier “eds and meds” markets, supported by a highly educated workforce, stable institutional employment base, and continued investment into housing and infrastructure. Demand for quality housing continues to outpace supply in the market, particularly for newer product offering modern amenities with convenient access to Downtown New Haven, major highways, and regional transit.
Property Facts
1 Lot Available
Lot
| Lot Size | 3.13 AC |
| Lot Size | 3.13 AC |
Site plan approved multifamily development project
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Some public transit
50/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | NHVN-000404-001169-002300 | Improvements Assessment | $0 CAD |
| Land Assessment | $242,355 CAD | Total Assessment | $242,355 CAD |
Property Taxes
Parcel Number
NHVN-000404-001169-002300
Land Assessment
$242,355 CAD
Improvements Assessment
$0 CAD
Total Assessment
$242,355 CAD
Contacts
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Seth Glasser -
Michael Fusco -
Matthew Gault -
Michael Turkiewicz -
Marcus & Millichap
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1155 Whalley Ave - Approved 2.9 Acre Building Site
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