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35 Union Street

New London, Connecticut 06320

ACTIVE$13,000,000
Beds
61
Baths
81
SqFt
75,075
Acres
0.65
Year Built
1873
Matt Caiola

Matt Caiola

Luxury Real Estate Advisor

MCMATT CAIOLALUXURY PROPERTIES
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About This Home

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.

Key Facts

City/Town
New London
Neighborhood
N/A
Property / Style
Multi-Family · Other
Year Built
1873
Days on Market
145 days
Beds
61
Baths
81 full
Living Area
75,075 sq ft
Lot Size
0.65 acres
Property Taxes
$142,349 / Annually

Market Snapshot

The New London Market

Multi-Family · trailing 12 months

Median Days on Market

62

12 active listings

Median $ / Sq Ft

$206

12 active listings

Sale-to-List Ratio

101.2%

52 sales

How this home compares

List Price

$13.00M

vs $710,000 median

18.3× the median

Price / Sq Ft

$173

vs $206 median

16.0% below median

Days on Market

145 days

vs 62 days median

83 days longer than median

Based on 12 active and 52 closed sales (trailing 12 mo) of multi-family in New London. Source: SmartMLS · As of November 11, 2026.

Location

35 Union Street, New London, Connecticut

Property + 12 nearby

Estimate Your Payment

Estimated Monthly Payment

Rates: Freddie Mac PMMS via FRED
$86,648

per month

  • Principal & Interest$70,453
  • Property Taxes$11,862
  • Insurance$4,333
  • HOA$0

Estimates only. Actual rates, taxes, insurance, and HOA fees vary. Consult a lender for current rates.

Location

City/Town
New London
Neighborhood
N/A
County
New London

Residence

Property Type
Multi-Family
Subtype
5 Family+
Style
Other
Year Built
1873
New Construction
No/Resale
Living Area
75,075 sq ft

Schools

Elementary
Per Board of Ed
High
New London

Interior

Heating
Baseboard
Heat Fuel
Electric
Cooling
Central Air
Laundry
Coin Op LaundryCommon Laundry AreaWasher/Dryer Some Units
Basement
FullUnfinished

Exterior & Lot

Lot Size
0.65 acres
Zoning
CBD-1
Waterfront Details
View
Water Source
Public Water Connected
Sewer
Public Sewer Connected
Construction
Brick
Roof
FlatOther
Foundation
MasonryStone
Lot Description
Corner LotLevel LotWater View

Listing & Financials

Property Taxes
$142,349 / Annually
Days on Market
145
MLS #
24184169
MLS Status
Active

Similar Properties

Homes with a close match in area, property type, and price.

Listed By

Lisa Cozzi

(860) 508-2102

Century 21 AllPoints Realty

(860) 263-2121

Co-Listed By

Kaylyn Pusczynski

Century 21 AllPoints Realty

This information is believed to be accurate, but without warranty.

The IDX display contains information sourced from SmartMLS, Inc. as of 11/11/2026. This information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing or leasing. Data is deemed reliable but is not guaranteed accurate by the MLS, the listing broker, the listing agent, or Matt Caiola. Buyers and tenants should independently verify all information that matters to their decision.

Map locations may be approximate. Any offer of compensation, if applicable, is made only to participants of the MLS where the listing is filed. ©2026 Smart MLS, Inc. All rights reserved.

Data last updated on 11/11/2026 at 6:25 PM UTC.