157 Main Street Annex | New Haven N/A

$1,200,000 | 3,144 Sq. Ft.

Phase 1 available - Prime Development Opportunity - 147 & 157 Main Street Annex, New Haven, CT Exceptional combined 1.02-acre site offering unmatched development potential with BB and RM1 zoning. Located seconds from I-95 (Exit 50) and just four blocks from Townsend Ave, this property is perfectly positioned for high-density residential or mixed-use projects. Key Highlights: Lot Size: 44,380 sq. ft. across two parcels Structures: Ranch-style commercial building and masonry garage with office space Zoning Potential: Up to 87 residential units with current zoning; 111 units possible with Inclusionary Zoning bonuses Rezoning Opportunity: Easily rezone to full BB for streamlined planning and increased density Inclusionary Zoning Benefits: No parking requirements for residential units; density bonuses available Additional Features: Property currently equipped with dealer plates, offering unique commercial-use potential Neighboring Parcel: Being sold in conjunction with Parcel #2387486 to expand development opportunities Take advantage of this rare opportunity to develop in a strategic New Haven location with flexible zoning, existing commercial use, and robust demand for housing. Proposal & Zoning documents available SmartMLS 24060733

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MLS Listing ID: 
SmartMLS 24060733
Building Details
Details about the building on a property.
Stories: 
1
Year Built: 
1950
Living Area: 
3,144
Construction
Roof: 
Flat, Other
Room Details
Details about the rooms in the building.
Total Bedrooms: 
0
Total Bathrooms: 
0
Total Full-Bathrooms: 
0
Total Half-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Heating System: 
Hot Air
Heating System Fuel: 
Oil
Cooling System: 
Central Air
Water Source: 
Public Water Connected
Sewer: 
Public Sewer Connected
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
1.02
Waterfront: 
0
Public Record
Parcel Number: 
2387487
Annual Tax: 
$16,723.00
Property Zoning: 
BB & RM1
Listing Dates
Dates involved in the transaction.
Listing Entry Date/Time: 
11/19/2024
Contract Details
Details about the listing contract.
Possession: 
ASAP
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Agent Name: 
Nicholas Tarquino
Listing Office Name: 
Carbutti & Co., Realtors