309 Crystal Ave

309 Crystal Ave, New London, CT 06320

  • For Sale $13,650,000
  • 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

Contacts

broker

Northeast Private Client Group

Location

Getting Around

  • Walk Score ®

    50/100 Car-Dependent
  • Transit Score ®

    30/100 Some Transit
  • Bike Score ®

    25/100 Somewhat Bikeable
Powered by Walk Score ®
  • 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

  • Jane Addams Dining Hall

    0.60 miles

  • Dunkin'

    0.71 miles

  • Little Galapagos Restaurant & Bar

    0.75 miles

  • Popeyes

    0.90 miles

  • Tony D's Italian Restaurant

    0.90 miles

  • Kamp Dog

    0.91 miles

  • Denny's

    0.92 miles

  • Texas Roadhouse

    0.97 miles

  • McDonald's

    0.99 miles

  • Harris Refectory

    1.00 miles

  • Winthrop STEM Elementary Magnet School

    0.07 miles

  • U.S. Coast Guard Academy

    0.38 miles

  • Regional Multicultural Magnet School

    0.72 miles

  • Connecticut College

    0.82 miles

  • Bennie Dover Jackson Multi-Magnet Middle School Campus

    0.83 miles

  • C.B. Jennings International Elementary Magnet School

    0.89 miles

  • Interdistrict School for Arts and Communication

    0.94 miles

  • New London High School Multi-Magnet Campus

    1.34 miles

  • Saint Josephs School

    1.71 miles

  • Clark Lane Middle School

    1.74 miles

  • Connecticut College Child Development Lab School

    0.50 miles

  • USCGA Child Development Center

    0.71 miles

  • New London Childcare and Preschool Center

    0.74 miles

  • Children’s Learning Center at Mitchell College

    2.94 miles

  • Groton Childcare and Preschool Center

    4.31 miles

  • Bright & Early

    5.67 miles

  • Precious Memories Place

    7.27 miles

  • Ballestrini's Daycare

    7.38 miles

Frequently Asked Questions

How much does 309 Crystal Ave cost?

The space currently listed for sale at 309 Crystal Ave asks for $13,650,000.

What is the total square footage of 309 Crystal Ave?

309 Crystal Ave totals 61,878 square feet.

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Contact Listing Broker
broker

Northeast Private Client Group

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