About This Home

This 0-bedroom, 0-bathroom commercial at 414 Mather Street in Hamden, CT is listed for $13,800,000 ($303 per sqft). Built in 2024, the home offers 45,552 sqft of living space on a 1.57 acres lot.

Key Features

  • Built in 2024
  • 1.57 acre lot
  • 4 stories

Property Details

4 stories
2024

Amenities

A/C
Listing Description

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.

Monthly Cost Estimate

$73,805/mo

20% down · 6.5% · 30 years

Principal$9,980
Interest$59,800
Insurance$4,025

Estimates only. Actual payments may vary.

Location

414 Mather Street

Hamden, CT 06514

Features & Amenities

Interior Features

Elevator,Fire Suppression System,Living Space Available

Exterior Features

Sidewalk,Lighting,Underground Sprinkler

Property Details

Heating

Heat Pump (Heating)

Cooling

Central Air

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 414 Mather Street is listed at $13,800,000 ($303/sqft). The estimated monthly payment is $73,805 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 2024, 1.57 acre lot, 4 stories. Interior Features: Elevator,Fire Suppression System,Living Space Available. Exterior Features: Sidewalk,Lighting,Underground Sprinkler.

This property is listed by Carmen Desiato and can be reached at 2035459966.

CD

Carmen Desiato

Agent at Serhant Connecticut, LLC

(203) 545-9966

Listed by Serhant Connecticut, LLC

MLS# 24195301· Source: listhub· 1 day on market

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.

414 Mather Street, Hamden, CT 06514

Open this listing in: