Episode Details

Historic New Haven Apartment Building Sells for $5.2M: A Century-Old Gem Changes Hands

A historic apartment building in New Haven, the Embassy Apartments, has been sold for $5.2 million. Built in 1900, this Italianate-style building spans 24,478 square feet on a 0.4-acre plot and houses 32 units, making it a lucrative rental opportunity. Its prime location near Yale University and Yale New Haven Hospital ensures steady demand from students. The seller, a West Haven-based LLC, was represented by brokers Bradley Balletto and Jeff Wright. The buyer, local attorney and investor Albert Annunziata, secured a $4.65 million loan from DR Bank to facilitate the purchase.

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