VIEW 27 PHOTOS

414 Mather Street

Hamden, CT 06514

$13,800,000 PRICE
45,552 Sqft
1.57 Acres
2024 Built
$303 Price/Sqft

Built in 2024, nearly 70% occupied, and projecting a 6% cap rate, 414 Mather Street is the turnkey mixed-use investment opportunity your portfolio has been waiting for. The property features 37 luxury residential units and 2 retail spaces, offering an attractive mixed-use investment in a highly populated and conveniently located area. The residential component includes a desirable mix of one-bedroom, one-bathroom; two-bedroom, one-bathroom; and two-bedroom, two-bathroom residences. Each thoughtfully designed unit features high-end finishes, wide-plank flooring, nine-foot ceilings, recessed lighting, abundant natural light, and a private patio or balcony. The kitchens are appointed with quartz countertops, breakfast bars, stainless steel appliances, and custom cabinetry, while the spacious bedrooms offer generous closet space. Bathrooms feature tile flooring, extended vanities, and subway-tiled tub and shower enclosures. Every residence also includes an in-unit stackable washer and dryer. With strong lease-up activity and nearly 70% occupancy already in place, the property is currently projecting an attractive 6% cap rate. Ideally situated near the Merritt Parkway, Hamden Plaza, shopping, dining, and the Farmington Canal Heritage Trail, 414 Mather St. combines new construction, strong rental appeal, accessibility, and long-term investment potential. This is a rare opportunity to acquire one of Hamden's newest luxury multifamily assets & position your portfolio.

Additional Information

ADDITIONAL INFORMATION

ACRES: 1.57
AREA TYPE: Suburban
IS OCCUPIED?: Vacant
LIVING AREA SQFT: 45,552
NEIGHBORHOOD: Spring Glen
PRESENT USE: Apartment Complex
PROPERTY TAX: $110,313
ROAD FRONTAGE DESCRIPTION: Municipal Street
SEWER: Public Sewer Connected
TAX AMOUNT: $110,313
UNIT COUNT: 32
UTILITIES AVAILABLE: Electric
YEAR BUILT: 2024
ZONING: T-5

AMENITIES

Fire Suppression System
Living Space Available

INTERIOR FEATURES

AIR CONDITIONING: Central Air
COOLING: Central Air
FURNACE TYPE: Electric
HEAT: Electric
HEAT FUEL: Electric
LIVING SQFT SOURCE: Approximate
STORIES: 4

EXTERIOR FEATURES

EXTERIOR FEATURES: Sidewalk,Lighting,Underground Sprinkler
ROOF: EPDM Synthetic Rubber, Flat

Listing Courtesy of Carmen Desiato (203.545.9966) of Serhant Connecticut, Llc (203.489.7800).

Mortgage Calculator

Mortgage Term

Years

Interest Rate

%/Year

Principal Amount

in US Dollars

Down Payment

Amortization

Years

Your Estimated Payment

-- Monthly Payment

Down Payment
Required --
Mortgage
Principal --
Still Owing at the
End of Term --

Location for 414 Mather Street, Hamden, CT

Schools for 414 Mather Street, Hamden, CT

Our community offers residents access to a number of fine private and public schools for all grade levels. Please read below for information on each of the schools in our area.

Elementary School
Unspecified
Middle School
Unspecified
High School
Unspecified

Private Schools

SCHOOL	LOCATION	GRADE
Sacred Heart Manor Nursery & Kindergarten	261 Benham Street Hamden, CT 06514	PK - KG
Whitney Hall School	1400 Whitney Avenue Hamden, CT 06517	2 - 12
St Rita School	1601 Whitney Avenue Hamden, CT 06517	PK - 8
Salma K Farid Academy	131 Leeder Hill Drive Hamden, CT 06517	PK - 1
Sacred Heart Academy	265 Benham Street Hamden, CT 06514	9 - 12
K'taniim Nursery School	1809 Whitney Avenue Hamden, CT 06517	PK - KG
Lorraine D Foster Day School	1861 Whitney Avenue Hamden, CT 06517	6 - 12
Hamden Hall Country Day School	1108 Whitney Avenue Hamden, CT 06517	PK - 12
Hamden Hall School	1108 Whitney Ave Hamden, CT 06517	PK - 12
Harris Tucker Adventist School	P.O. Box 6122 Hamden, CT 06517	UG
St. Stephen School	418 Ridge Road Hamden, CT 06517	PK - 8
Apple Tree Children's Center	40 London Drive Hamden, CT 06517	PK - KG
Cedarhurst School	871 Prospect Street Hamden, CT 06517	7 - 12
St Thomas's Day School	830 Whitney Avenue New Haven, CT 06511	KG - 6
West Woods Christian Academy	2105 State Street Hamden, CT 06517	KG - 12
Calvin Hill Daycare Center & Klf Kindergarten	150 Highland Street New Haven, CT 06511	PK - KG
Kindercare Learning Center #1764	3025 Dixwell Avenue Hamden, CT 06518	PK - KG

*UG = ungraded.
Detailed school information provided by GreatSchools.org © . All rights reserved.

Public and private school information is provided by sources including GreatSchools.org and various MLS services including the One Key, SMARTMLS, NCMLS, DARMLS and Greenwich MLS, and is subject to the terms of use on those sites. William Pitt and Julia B. Fee Sotheby’s International Realty believes the information provided by these sources to be accurate but will not be held responsible if any data as well as information such as school districts for listings is inaccurate.

Request More Info

Schedule a Showing Best Day/Time

Yes, I would like more information from Sotheby's International Realty. Please use and/or share my information with a Sotheby's International Realty agent to contact me about my real estate needs.

By clicking Send Message, I agree a Sotheby's International Realty Agent may contact me by phone or text message including by automated means about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Policy

Community

Hamden

Shoreline, Connecticut

The town of Hamden is a suburb of the neighboring city of New Haven. It encompasses a dozen distinctive neighborhoods spread out over about 33 square miles. Hamden provides residents with a mix of urban...

Market Stats for Hamden, Connecticut

An exclusive report that informs you of residential real estate sales activity and trends in Hamden, Connecticut.

Request More Info for 414 Mather Street, Hamden, CT

William Pitt Sotheby's International Realty

Schedule a Showing Best Day/Time

Yes, I would like more information from Sotheby's International Realty. Please use and/or share my information with a Sotheby's International Realty agent to contact me about my real estate needs.