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1269 Main St
Bridgeport, CT 06604
Multifamily Property For Sale
·
92 Units
Investment Highlights
- Located within the city’s Downtown Transit-Oriented Development (DVD-TOD) district.
- Strong walkability and proximity to major transportation hubs.
Executive Summary
Rare opportunity to acquire a newly constructed mixed-use asset in Downtown Bridgeport, positioned to appeal to investors seeking stable residential income with additional upside through ground-floor retail.? The property consists of a 5-story, transit-oriented development with 92 apartments and 5 street-level commercial spaces, located within the city’s Downtown Transit-Oriented Development (DVD-TOD) district.? Delivered as part of Bridgeport’s broader redevelopment initiative, the asset offers modern construction, strong walkability, and proximity to major transportation hubs, with remaining retail lease-up providing value-add potential for a new owner.?
Property Facts
| Price Per Unit | $468,100 CAD | Building Class | A |
| Sale Type | Investment | Lot Size | 0.51 AC |
| Cap Rate | 6.45% | Building Size | 74,000 SF |
| No. Units | 92 | No. Stories | 5 |
| Property Type | Multifamily | Year Built | 2024 |
| Property Subtype | Apartment | Parking Ratio | 0.97/1,000 SF |
| Apartment Style | Mid-Rise | Opportunity Zone |
Yes
|
| Zoning | DCB - Commercial/Multifamily | ||
| Price Per Unit | $468,100 CAD |
| Sale Type | Investment |
| Cap Rate | 6.45% |
| No. Units | 92 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | A |
| Lot Size | 0.51 AC |
| Building Size | 74,000 SF |
| No. Stories | 5 |
| Year Built | 2024 |
| Parking Ratio | 0.97/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | DCB - Commercial/Multifamily |
Amenities
Unit Amenities
- Air Conditioning
- Microwave
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
Site Amenities
- 24 Hour Access
- Controlled Access
- Smoke Free
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 72 | - | 750 - 975 |
| 2+2 | 20 | - | 935 - 1,030 |
Property Taxes
| Parcel Number | BRID-000908-000011 | Improvements Assessment | $18,092,317 CAD |
| Land Assessment | $418,377 CAD | Total Assessment | $18,510,695 CAD |
Property Taxes
Parcel Number
BRID-000908-000011
Land Assessment
$418,377 CAD
Improvements Assessment
$18,092,317 CAD
Total Assessment
$18,510,695 CAD
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