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Historic New Haven Apartment Building Sold for $5.2M

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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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Historic New Haven Apartment Building Sold for $5.2M

Hartford News Today | 2 Min News | The Daily News Now!

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Hartford News Today | 2 Min News | The Daily News Now!Historic New Haven Apartment Building Sold for $5.2M. Machine-transcribed; use the interactive transcript above to jump the player to any line.

It's April 14th. You're listening to Hartford News today, AI-powered local news. A historic apartment building in New Haven just changed hands for $5.2 million. Local attorney and investor Albert Anunziata, through his limited liability company, snapped up the embassy apartments at 102 Dwight Street. The deal got recorded on April 10th. This Italian 8-style spot was built back in 1900, covering 24,478 square feet on a little over. Four tenths of an acre. It packs in 32 units, 26 one bedrooms and 62 bedrooms, making it a solid rental play. Right by Yale University and Yale New Haven Hospital, the place is long drawn in students for easy walks to class and campus life. That prime spot keeps demand steady in a college town like this. The seller was a West Haven-based LLC run by Lynch Sparrow, with brokers Bradley Balletto and Jeff Wright from northeast private client group handling. The listing, Anunziata's group

locked in a $4.65 million loan from DR bank to seal it, setting up what looks like a smooth handover for this century old gem.

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