Rare opportunity to own The Crocker House, a landmark mixed use investment property anchoring the corner of Union and State Streets in downtown New London.
| Website: | https://www.nestseekers.com/5580653 |
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| Address: | 35 Union New London, CT 06320 |
| Ownership: | Multi-Family |
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| Type: | Multi-Family |
| Bedrooms: | 61 BR |
| Bathrooms: | 81 |
| Area: | 75075 sq ft |
Financials
Price:$13,000,000
Annual Taxes:$142,349
Description
Rare opportunity to own The Crocker House, a landmark mixed-use investment property anchoring the corner of Union and State Streets in downtown New London. Originally constructed in 1872 as a five-story luxury hotel and thoughtfully maintained over the years, this iconic red-brick building offers three distinct income streams under one roof: 81 residential apartments (studios, one- and two-bedroom units), 7 ground-floor commercial spaces, and a beautifully restored Grand Ballroom. Recent improvements include updated kitchens, modern flooring, elevator service to all floors, and convenient on-site laundry facilities on every level. Select upper-floor apartments offer sweeping views of the Thames River and downtown harbor. Ideally situated just steps from Union Station (Amtrak and Shore Line East), the waterfront, and City Pier, the property is also minutes from General Dynamics Electric Boat, the U.S. Coast Guard Academy, Pfizer, and Connecticut College. Located within the historic downtown district of New London, The Crocker House represents a true trophy asset blending diversified income, long-term investment stability, and irreplaceable historic character in one of southeastern Connecticut's most recognizable buildings.
Amenities
- Central Air
- Elementary School - Per Board of Ed
- High School - New London
- Intermediate School -
Nest Seekers International at The J House Greenwich, 1114 E Putnam Ave, Riverside, CT 06878 Phone: +1 203-204-9555 | |
| Listing Courtesy of Lisa Cozzi of Century 21 AllPoints Realty | |