# 414 Mather Street, Hamden, CT 06514

> **TL;DR:** commercial, $13,800,000 ($303/sqft), built 2024, 45,552 sqft.
> A/C. Est. $73,805/mo. Listed 1 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $13,800,000 |
| Price/sqft | $303 |
| Square Feet | 45,552 |
| Year Built | 2024 |
| Lot Size | 68,389 sqft (1.57 acres) |
| Stories | 4 |
| Property Type | Commercial (Other) |
| Status | For Sale |
| Days on Market | 1 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $69,780 |
| Estimated Insurance | $4,025 |
| **Total** | **$73,805** |

## Key Amenities

- A/C

## Property Highlights

- Built in 2024
- 1.57 acre lot
- 4 stories

## Description

### Agent 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.

## Location

- **Address:** 414 Mather Street, Hamden, CT 06514
- **County:** New Haven
- **Coordinates:** 41.358197, -72.924785
- **Google Maps:** https://www.google.com/maps?q=41.358197,-72.924785

## Listing Agent

- **Name:** Carmen Desiato
- **Brokerage:** Serhant Connecticut, LLC
- **Phone:** 2035459966

## Primary Photo

![414 Mather Street - Primary Photo](http://lh.rdcpix.com/3dfd008f977610b29fbe78fc2327008cl-f250131926r.jpg)

*25 total photos available on [listing page](https://www.propertysimple.ai/listing/414-mather-street-hamden-ct-06514-24195301)*

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**MLS#:** 24195301 | **Updated:** 2026-08-02
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.ai/listing/414-mather-street-hamden-ct-06514-24195301)

---

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