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414 Mather Street
Hamden CT 06514 US

$13,800,000

Active Listing ID 24195301
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Lot: 1.57 Acres
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Other

$13,800,000

Active Listing ID 24195301
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414 Mather Street 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.

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Property Features

  • Facts
  • Lot Size: 1.57 Acres
  • Property Type: Commercial Sale
  • Property Sub-type: Other
  • Features
  • Cooling System: Central Air
  • Exterior Finish: Sidewalk, Lighting, Underground Sprinkler
  • Heating Fuels: Heat Pump (Heating)

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 13800000
  • unparsedaddress: 414 Mather Street
  • postalcity: Hamden
  • stateorprovince: CT
  • country: US
  • postalcode: 06514
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 1.57
  • lotsizeunits: Acres
  • lotsizearea: 1.57
  • livingarea: 45552
  • livingareaunits: Square Feet
  • listagentfullname: Carmen Desiato
  • listagentemail: carmen@serhant.com
  • listagentkey: 3yd-CTMLS-853217
  • listagentmlsid: 853217
  • listagentpreferredphone: 2035459966
  • listagentofficephone: 2034897800
  • listofficekey: 3yd-CTMLS-13541
  • listofficemlsid: 13541
  • disclaimer: Copyright © 2026 SmartMLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: CTMLS
  • yearbuilt: 2024
  • listingcontractdate: 2026-07-30
  • listagenturl: https://serhant.com/
  • countyorparish: New Haven
  • cooling: Central Air
  • heating: Heat Pump (Heating)
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 4
  • parkingtotal: 0
  • waterfrontyn: False
  • franchiseaffiliation: None
  • interiorfeatures: Elevator, Fire Suppression System, Living Space Available
  • exteriorfeatures: Sidewalk, Lighting, Underground Sprinkler
  • accessibilityfeatures: Accessible Elevator Installed
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"SERHANT CONNECTICUT LLC", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"carmen@serhant.com", "ListBrokerageCity":"New York", "ListBrokerageCountry":"US", "ListBrokerageEmail":"hello@serhant.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"SERHANT CONNECTICUT LLC", "ListBrokeragePhone":"(646) 480-7665", "ListBrokeragePostalCode":"10012", "ListBrokerageStateOrProvince":null, "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"372 W Broadway", "ListBrokerageWebsiteUrl":"https://serhant.com/", "ListOfficeAddress1":"500 W Putnam Avenue ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"13541", "ListOfficeCity":"Greenwich", "ListOfficeCountry":"US", "ListOfficeEmail":"danielle@serhant.com", "ListOfficePostalCode":"06830", "ListOfficeStateOrProvince":"CT", "ListPriceCurrencyType":"USD", "ListingTitle":"COMMERCIAL - Hamden, CT", "ListingURL":null, "MLSModificationTimestamp":"2026-07-30 21:47:19", "Neighborhoods":[{"Description":null, "Name":"Spring Glen"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":110313, "TaxDescription":null, "TaxYear":"2026"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 1/1/2020 12:00:00 AM GMT
Source Updated Date: 8/5/2026 12:36:28 PM GMT

Courtesy of: Carmen Desiato, Serhant Connecticut, LLC, carmen@serhant.com

Copyright © 2026 SmartMLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.