35 Union Street
New London, Connecticut 06320
- Beds
- 61
- Baths
- 81
- SqFt
- 75,075
- Acres
- 0.65
- Year Built
- 1873
- Property Type
- 5+ Family

Matt Caiola
Luxury Real Estate Advisor
Request a private showing and get Matt's read on price, condition, and next steps.
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
Active Listings
12
8 under contract
Median List Price
$710,000
12 active listings
Median Closed Price
$402,500
52 sales
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
Estimate Your Payment
Estimated Monthly Payment
Rates: Freddie Mac PMMS via FRED · Updated Nov 5, 2026per 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
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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.