55-57 Marvel Rd, New Haven, CT 06515

$1,500,000
16
BD
11
BA
10,204
SqFt

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Sold Price
$1,500,000
List Price
$1,800,000
Status
CLOSED
MLS#
24125098
Closing Date
Apr 30, 2026
Year Built
1920
Style
Other
Bedrooms
16
Bathrooms
11
Acres
0.35
Living Area
10,204
Neighborhood
Westville

Property Description

This unique piece of New Haven History is back on market because of financing issues. Now is your chance! This gorgeous jazz-age apartment building in the heart of Westville features 9' ceilings, hardwood floors, lovely moldings & balusters. Most of the original craftsmanship remains, waiting to be brought back to full glory. Sit in the shaded courtyard or generous apartments and you can almost hear Billie Holiday singing "Night & Day" while Cole Porter taps along.... Grandfathered as-built in 1926, the building sits on a quiet, highly coveted mostly single-family residential block in an RS2 zone; it's like may never be built again. Based on apartment layouts, doors, windows, & moldings, it appears 10 apartments + superintendent unit were original design. Used as 11 units since at least the 1950s, the building is designated as 11 units with LCI, which has regularly inspected. Certificate of Occupancy however was issued in 1926 for 8 units; buyers must do their diligence about bringing non-conforming units into compliance. 6 units will be empty at closing, ready for new owners to update to taste & re-rent (or sell, if condos are preferred). 5 other tenants hope to stay, but understand that if so, rents will need to increase. The unfinished 3rd floor features over 5000 sq ft of potentially developable space + some 4000 sq ft more in the lower level.

Additional Information

Taxes
$29,935
Lot Size
15,245
Heating
Hot Water, Steam
Cooling System Type
None
Water Source
Public
Basement
Full, Storage Space, Apartment, Interior Entry, Partial, Concrete, Full
Exterior Features
Garden, Lighting
Garage Spaces
7
Parking Spaces
9
Elementary School
Edgewood
High School
James Hillhouse

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Calculator source: Real Geeks

Listing courtesy of Rebecca Weiner from Betsy Grauer Realty, Inc. (203) 787-3434 (203) 787-3434

Selling Office: Caplan Realty Corp..

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