NOT LISTED FOR SALE

196 Park St New Haven, CT 06511

Dwight Neighborhood

Estimated Value: $3,337,099

19 Beds
14 Baths
11,897 Sq Ft
$280/Sq Ft Est. Value

Last Sold April 24, 2025

Last sale price $3,250,000 $273 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $20,159/month

11 Days on Market

Highlights

  • 0.21 Acre Lot
  • Attic
  • Coin Laundry
  • Finished Attic
  • Baseboard Heating

About This Home

As of April 2025

Rare investment opportunity to own three adjacent buildings with a total of 17 apartments in the heart of Downtown New Haven steps from Yale! The portfolio includes 196-198 Park ST (8 units), 200 Park ST (2 units) and 202-204 Park ST (7 units). 196-198 Park ST is a classic stone/brick building featuring gorgeous copper accents consisting of seven 1 bedroom apartments and one studio unit. The building offers separate utilities with gas heat and many new boilers. 200 Park ST, formerly a carriage house, includes two units. The first unit offers two bedrooms and the second unit offers one bedroom. Completely renovated in 202-204 Park ST features two 2 bedroom units and five spacious 1 bedroom units. Each apartment has a lovely open layout with generous natural light, renovated kitchens with granite counters, tile baths and so much more. The property includes off street parking for approximately 14 spaces. Steps from shopping, restaurants, Yale and everything New Haven has to offer. This is an incredible and once in a lifetime opportunity for investment in Downtown New Haven, not to be missed.

Last Agent to Sell the Property

Jack Hill

Seabury Hill REALTORS License #REB.0795121 Listed on: 03/11/2025

Last Buyer's Agent

Jack Hill

Seabury Hill REALTORS License #REB.0795121 Listed on: 03/11/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $56,984

Year Built

  • Built in 1880

Lot Details

  • 9,148 Sq Ft Lot

Parking

  • 14 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Stone Foundation
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Clap Board Siding
  • Masonry Siding
  • Vinyl Siding

Bedrooms and Bathrooms

  • 19 Bedrooms
  • 14 Full Bathrooms

Attic

  • Walkup Attic
  • Finished Attic

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • Radiator
  • Baseboard Heating
  • Heating System Uses Natural Gas

Community Details

  • 17 Units
  • Coin Laundry
  • Gross Income $314,700

Listing and Financial Details

  • Assessor Parcel Number 1251616

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$56,984

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Neighborhood: N/A
  • Property Type: Multi-Family For Sale
  • Style: Other
  • Sq Ft Est Heated Above Grade: 11197
  • Sq Ft Est Heated Below Grade: 700
  • Total Sq Ft: 11897
  • Year Built: 1880
  • New Construction: No/Resale
  • Property Sub Type: 5 Family+
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Directions: Elm Street to Park Street
  • Financing Used: Cash
  • Street Type: Street
  • Special Features: None

Interior Features

  • Total Bedrooms: 19
  • Total Bathrooms: 14
  • Full Bathrooms: 14
  • Attic Description: Finished, Walk-up
  • Basement Description: Full, Unfinished, Partially Finished
  • Laundry Room Location: Basement
  • Laundry Room Info: Coin Op Laundry
  • Attic: Yes

Exterior Features

  • Exterior Features: Sidewalk, Gutters, Lighting
  • Exterior Siding: Clapboard, Vinyl Siding, Brick
  • Foundation Type: Slab, Stone
  • Roof Information: Asphalt Shingle Flat
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame, Brick

Garage/Parking

  • Total Parking Spaces: 14
  • Garage And Parking: None, Paved, Off Street Parking

Utilities

  • Cooling System: None
  • Heat Type: Baseboard, Radiator
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Other
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Lot Info

  • Acres: 0.21
  • Lot Description: City Views Level Lot
  • Flood Zone: No
  • Zoning: RH2
  • Parcel #: 1251616

Multi Family

  • Gross Annual Income: 314700
  • Total Number Of Units: 17

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 56984

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2025
Closed on
Apr 21, 2025
Sold by
Wte 196 Park Llc
Bought by
196 Park St Llc
Seller's Agent
Jack Hill
Seabury Hill REALTORS
Buyer's Agent
Jack Hill
Seabury Hill REALTORS
List Price
$3,595,000
Sold Price
$3,250,000
Premium/Discount to List
-$345,000
-9.6%
Views
13
Current Estimated Value
$3,337,099

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,099
Avg. Annual Appreciation
3.64%

Purchase Details

Closed on
Feb 9, 2012
Sold by
Esposito William T
Bought by
Wte 196 Park Llc

Purchase Details

Closed on
Apr 16, 1980
Bought by
Wte 196 Park Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
196 Park St Llc -- None Available
196 Park St Llc -- None Available
Wte 196 Park Llc -- --
Wte 196 Park Llc -- --
Wte 196 Park Llc -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/24/2025 04/24/25 Sold $3,250,000 -9.6% $273 / Sq Ft
03/26/2025 03/26/25 Pending -- -- --
03/14/2025 03/14/25 For Sale $3,595,000 -- $302 / Sq Ft
Source: SmartMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $34,586 $831,600 $223,230 $608,370
2024 $33,056 $831,600 $223,230 $608,370
2023 $33,015 $831,600 $223,230 $608,370
2022 $35,135 $831,600 $223,230 $608,370
2021 $17,028 $367,150 $17,010 $350,140
2020 $17,028 $367,150 $17,010 $350,140
2019 $16,698 $367,150 $17,010 $350,140
2018 $16,698 $367,150 $17,010 $350,140
2017 $14,201 $367,150 $17,010 $350,140
2016 $11,032 $265,510 $20,440 $245,070
2015 $11,032 $265,510 $20,440 $245,070
2014 $11,032 $265,510 $20,440 $245,070
Source: Public Records

Agents Affiliated with this Home

  • Jack Hill

    Seller's Agent in 2025

    Jack Hill

    Seabury Hill REALTORS

    (203) 675-3942

    15 in this area

    441 Total Sales

    Jack Hill
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Map

Source: SmartMLS

MLS Number: 24079681

SmartMLS

APN: NHVN-000280-000249-002100

Connecticut New Haven County New Haven 06511 Dwight

196 Park St, New Haven, CT

Not Listed for Sale

MultiFamily

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