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1269 Main St

97 Unit Block of Flats £29,981,999 (£309,093/Unit) Bridgeport, CT 06604

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Executive Summary

Discover the epitome of modern living in this brand-new, mixed-use development. Featuring 92 residential units—offering a variety of 1, 2, and 3-bedroom layouts—plus 5 retail spaces, this property is perfectly situated near major highways, the Stratford line, and close to universities and colleges. With 40 units already rented and town approvals in place, this turnkey investment is ready to generate income from day one.
This property boasts underground parking, central AC, and gas—no renovations, updates, or painful zoning or fire inspections needed. Everything is newly constructed, with CO already secured. Listed at $38M, this is a prime opportunity in a highly desirable area.
All retail spaces are for rent! Potential tenants can rent out individually, or occupy the whole space. Any variation will be reviewed.
Five years left of a tax abatement, approx 135k a year!
Attention investors: Don’t miss out on this hassle-free, modern living experience!

97 units

Financial Summary (Pro forma - 2024)	Annual	Annual Per SF
Gross Rental Income	-	-
Other Income	-	-
Vacancy Loss	-	-
Effective Gross Income	£1,981,226	£26.77
Net Operating Income	-	-

Financial Summary (Pro forma - 2024)

Gross Rental Income
Annual	-
Annual Per SF	-

Other Income
Annual	-
Annual Per SF	-

Vacancy Loss
Annual	-
Annual Per SF	-

Effective Gross Income
Annual	£1,981,226
Annual Per SF	£26.77

Net Operating Income
Annual	-
Annual Per SF	-

Property Facts

Price	£29,981,999	Building Class	A
Price Per Unit	£309,093	Lot Size	0.51 AC
Sale Type	Investment	Building Size	74,000 SF
No. Units	97	Number of Floors	5
Property Type	Residential	Year Built	2024
Property Subtype	Apartment	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Apartment Style	Mid Rise

Price	£29,981,999
Price Per Unit	£309,093
Sale Type	Investment
No. Units	97
Property Type	Residential
Property Subtype	Apartment
Apartment Style	Mid Rise
Building Class	A
Lot Size	0.51 AC
Building Size	74,000 SF
Number of Floors	5
Year Built	2024
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.