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$995,000
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Property Description
Prime ~6000 SQ FT commercial office building that sits on a rare .41 acre parcel one block form Yale/Saint Raphael's hospital. The property is in the RO zone and is comprised of 4 adjoining parcels; 1481 Chapel ST(6000 SQ FT office building on .17 acres), 1485 Chapel St (.11 acre lot), 15 Hotchkiss St (.06 acre lot) and 17 Hotchkiss St (.07 acre lot). This property would be prime for redevelopment into a mixed use or residential building. Huge gated parking lot with parking for at least 24 cars. The entire building is currently used by a single user medical office. The first level features high ceilings, beautiful original details with stain glass windows & fireplace, reception area, 2 half baths and 12 office/exam rooms. The second level features 7 additional office/room(s) with 1.5 tiled baths. Would be a perfect conversion to a residential unit. The building has an unfinished space in the attic, perfect for expansion. The basement has been finished with an additional ~1500 SQ FT with large rooms, 3 built out offices and a half bath. Don't miss out on this incredible opportunity to purchase a building and land with endless potential for redevelopment, live/work space, medical office or mixed use apartments/commercial. This one truly should not be missed!
Full Property Details
Full Property Details for 1481 Chapel St
General
- Price: $995,000
- Taxes: (July 2025-June 2026)
- Status: Active
- Type: Commercial
- Source: SMARTMLS
- MLS ID: 24149218
- Updated: 1/15/2026
- Added to Site: 47 day(s) ago
Interior
- Interior Features: Employee Lounge, Security System
- Flooring: Tile, Wall-To-Wall Carpet, Wood
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 1
- Half Bathrooms: 4
- Restrooms: 5
Exterior
- Exterior Features: Sidewalk, Gutters, Lighting
Parking
- Uncovered Spaces: 25
- Total Spaces: 25
- Parking: Paved, Off Street Parking
Location
- County: New Haven
- Neighborhood: Newhallville
- Driving Directions: Chapel St to 1481 Chapel St which is on the corner of Chapel and Hotchkiss St.
Community
- Community Name: Newhallville
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Hot Water, Natural Gas
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer Connected
- Water: Public Water Connected
- Utility Description: Electric, Gas, Cable Available
Structural Information
- Roof: Asphalt Shingle
- Ceiling Height: 9
- Stories/Levels: 3
- Stories in Building: 3
- Square Feet: 6,007
- Sq. Ft. Source: Approximate
- Current Bldg. Use: Medical office space
- Office: 6,007 Sq. Ft.
- Year Built: 1900
Unit Information
- # Tenants: 1
Unit 1
- Unit Description: Office
- Total Bathrooms: 5
- Partial Bathrooms: 4
Lot Features
- Lot Size (Acres): 0.17
- Frontage: Municipal Street, Paved Road
- Present Use: Medical office space
- Potential Use: Office space , mixed use, apartments
- Zoning: RO
- Lot Description: Corner Lot, Level Lot
Financial Considerations
- Assessment Amount: $481,320
- Tax Year: July 2025-June 2026
Disclosures and Reports
- Documents Avail.: None
- Property ID: 1255498
Listed by Seabury Hill REALTORS, Cathy Hill Conlin and Seabury Hill REALTORS, John Hill
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Schools
Schools serving 1481 Chapel St
School District:New Haven School District
| Name | Grades | Distance |
|---|---|---|
Barnard Environmental Magnet School 170 Derby Avenue, New Haven, CT 06511 | PK-6 | 0.4 mi |
James Hillhouse High School 480 Sherman Parkway, New Haven, CT 06511 | 9-12 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1481 Chapel St
Date
Details
Price
Change
Source
1/15/2026
Listed
$995,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1481 Chapel St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$18,964
2%
$481,320
—
2023
$18,531
3%
$481,320
—
2023
$17,905
-6%
$481,320
—
2022
$19,132
17%
$481,320
30%
2021
$16,283
—
$371,070
—
2020
$16,283
2%
$371,070
—
2019
$15,949
—
$371,070
—
2018
$15,949
11%
$371,070
—
2017
$14,353
-2%
$371,070
6%
2016
$14,574
—
$350,770
—
2015
$14,574
—
$350,770
—
2014
$14,574
2%
$350,770
—
2011
$14,311
—
$350,770
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1481 Chapel St
1481 Chapel Street, New Haven, CT 06511 (MLS# 24149218) is a Commercial property. 1481 Chapel Street is currently listed for $995,000 and was received on January 15, 2026. Want to learn more about 1481 Chapel Street? Do you have questions about finding other Commercial real estate for sale in New Haven? You can browse all New Haven real estate or contact a Coldwell Banker agent to request more information.

