309 Crystal Ave

For Sale

309 Crystal Ave, New London, CT 06320

This New London property for sale is located at 309 Crystal Ave. The current listed sale price for 309 Crystal Ave is $13,650,000. 309 Crystal Ave is situated on a lot that is 2.32 acre in size.

Contacts

broker
Brad Balletto

Northeast Private Client Group

Property Details

  • Property Type Multi-Family
  • Property Size 61,878 SF
  • Units 96
  • Lot Size 2.32 Acre
  • Date Updated Apr 1, 2025
New London, Connecticut, is a historic coastal city located on the Long Island Sound, with a deep maritime heritage that shapes much of its character. Once an important seaport during the 18th and 19th centuries, the city remains home to several significant maritime institutions, such as the U.S. Coast Guard Academy and the nearby Mystic Seaport. The city’s waterfront offers beautiful views and is a hub for both leisure and commerce. Today, New London is known for its vibrant arts scene, diverse community, and historic architecture. The downtown area is home to a mix of boutiques, restaurants, and cultural venues like the Garde Arts Center. While the city has seen economic shifts over the years, its proximity to major cities like New York and Boston provides ample opportunity for growth and development. New London is also an educational center, with institutions like Connecticut College and the Mitchell College contributing to its youthful energy. The city’s mix of rich history, culture, and scenic beauty makes it a unique destination on the Connecticut coast.Northeast Private Client Group is pleased to exclusively present Courtview Square, a 96-unit value-add apartment complex located in New London, Connecticut. Built in 1971, the community is comprised of four detached buildings consisting of 96 one bedroom, one bath apartments set on 2.32 acres. Courtview Square’s location provides immediate access to Interstates 95 & 395, New London Union Train Station, and New London Ferry Terminal. Additionally, it provides convenient access to local shopping, dining, nightlife, and several community parks, as well as Connecticut College, United States Coast Guard Academy, and Lawrence Memorial Hospital. This property presents an ideal opportunity for investors looking to acquire a stable asset with significant upside potential in a burgeoning market. A new owner will have the opportunity to improve curb appeal and amenities and continue unit renovations to capture a proven premium in the market
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Highlights

  • Value-Add Opportunity - $400,000 in Upside
  • Flourishing Submarket – Economic Strength
  • Exceptional Rental Demand
  • Diverse & Resilient Employment Ecosystem
  • Immediate Access to Transportation & Transit
  • Local Shopping, Dining, Nightlife, Arts & Culture
  • Several Colleges & Universities
  • Entertainment, Lifestyle & Tourism

Getting around

  • 50/100

    Walk Score ®

  • 30/100

    Transit Score ®

  • 25/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City New London, CT
  • Zip Code 06320
  • Market Bridgeport New Haven

Points of Interest

  • New London Union Station

    1.11 miles

  • New London

    1.11 miles

  • Mobil

    1.45 miles

  • Shell

    1.48 miles

  • Hess

    1.55 miles

  • Gulf Express

    1.64 miles

  • Gas, Mini Mart, Auto Repair

    1.70 miles

  • Bestway

    2.13 miles

  • Citgo

    2.25 miles

  • Gulf

    2.26 miles

  • Three Rivers Community College

    9.79 miles

  • D-Lot

    0.11 miles

  • E-Lot

    0.13 miles

  • C-Lot

    0.15 miles

  • F-Lot

    0.16 miles

  • J-Lot

    0.16 miles

  • K-Lot

    0.19 miles

  • A-Lot

    0.19 miles

  • B-Lot

    0.26 miles

  • H-Lot

    0.28 miles

  • M-Lot

    0.31 miles

  • Holiday Inn

    0.77 miles

  • SpringHill Suites

    1.06 miles

  • Navy Lodge Groton

    1.18 miles

  • Baymont

    1.57 miles

  • Super 8

    1.61 miles

  • Days Inn

    1.91 miles

  • Groton Chalet

    1.94 miles

  • Ramada

    1.99 miles

  • Hilton Garden Inn

    2.05 miles

  • Hampton Inn & Suites

    2.16 miles

  • Coast Guard Exchange

    0.40 miles

  • Burlington

    0.83 miles

  • ShopRite

    0.86 miles

  • Fiddleheads Food Co-op

    0.91 miles

  • New London Commissary

    1.76 miles

  • Kohl's

    1.77 miles

  • Stop & Shop

    1.80 miles

  • Walmart

    1.88 miles

  • Crystal Mall

    2.26 miles

  • Macy's

    2.30 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Brad Balletto

Northeast Private Client Group

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