Baldwin Pearson & Co., Inc. is proud to present 1150 Chapel Street, New Haven, CT 06511 to the market. This exceptional mixed-use asset features four residential apartments above a ground-floor commercial space currently configured as a restaurant. Prominently positioned on Chapel Street between York and Park Streets, the property sits in the heart of Downtown New Haven—one of Connecticut’s most dynamic and sought-after commercial corridors. Surrounded by some of New Haven’s most iconic retail, dining, and lifestyle destinations, this offering represents a rare opportunity for an investor or end user to acquire a trophy asset in one of the most vibrant locations in the state.

Property Highlights

• Residential Upside: The property includes four apartments comprised of two one-bedroom units, one three-bedroom unit, and one studio. All units offer significant potential to increase gross rental income.
• Commercial Opportunity: The ground-floor retail space is occupied by an established restaurant currently paying below-market rent, providing a new owner the opportunity to renegotiate lease terms or introduce their own restaurant concept.
• Strong Street Presence: The property boasts approximately 42 feet of frontage along Chapel Street. The commercial space spans approximately 2,800 square feet across the ground floor and mezzanine level and includes a sizable backyard area ideal for outdoor dining.
• Premier Location: Situated in a heavily trafficked area adjacent to the Yale School of Art, directly across from the Graduate Hotel, and surrounded by numerous popular food, beverage, and retail destinations, the property benefits from consistent pedestrian and vehicular activity.