Mixed-Use 12-Unit
For Sale
Contact for pricing
1086 East Main Street, Bridgeport, CT 06608
Fully tenanted building with 6 residential and 6 commercial units, plus a three-year tax phase.
Property Size8,536 SF
Price / SF$316.31
Days on Market140
Property Features for 1086 East Main Street
General Information
Standard status
Active
Size
8,536 SF
Class
C
Property subtype
Retail, Multifamily, Mixed Use
Zoning
MX1
Occupancy
100%
Units
Multifamily Units
6
Office Units
6
Building Details
Year Built
1910
Buildings
1
Units
12
Tenancy
Multi
Listing Agency:
KNG REALTY, LLC
Listed By:
Ken Ginsberg · License #CT REB.0261354
Source:
Crexi
Added: May 29
Changed: Oct 1
Last Checked: Oct 14 at 10:37PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KNG REALTY, LLC
Investment Insights
Based on property information with market context.
This fully tenanted mixed-use property contains 12 total units, with 6 residential units and 6 commercial units within the same building. The configuration supports day-to-day occupancy across both living and storefront space.
The property is located on East Main Street in Bridgeport, CT. The frontage and setting along a main thoroughfare provide convenient access for commercial tenants and consistent visibility for the storefront components.
For buyers seeking an income-producing asset with both residential and commercial components, the balance of unit types can be attractive from an operational standpoint. The listing also notes a three-year tax phase with current taxes under $15,000 per year, which may help underwrite ownership costs during the initial period. With all units currently occupied, the building offers immediate operational continuity for a new owner.
The property is located on East Main Street in Bridgeport, CT. The frontage and setting along a main thoroughfare provide convenient access for commercial tenants and consistent visibility for the storefront components.
For buyers seeking an income-producing asset with both residential and commercial components, the balance of unit types can be attractive from an operational standpoint. The listing also notes a three-year tax phase with current taxes under $15,000 per year, which may help underwrite ownership costs during the initial period. With all units currently occupied, the building offers immediate operational continuity for a new owner.
Key Highlights
- Fully tenanted 12‑unit mixed‑use building on E Main Street in Bridgeport
- Includes 6 residential units and 6 commercial units
- Year built: 1910
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$102,714
Cap Rate
3.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,054,280
$2.1M
Cap Rate 7%
$1,467,343
$1.5M
Cap Rate 9%
$1,141,267
$1.1M
Market Conditions
NOI Build-Up for 8,536 SF
Gross rent
$153.6K $18.00/SF
− Vacancy
−$6.9K −$0.81/SF
EGI
$146.7K $17.19/SF
− OpEx
−$44.0K −$5.16/SF
NOI
$102.7K $12.03/SF
Area
Bridgeport, CT
Vacancy
4.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,054,280
Cap Rate 7%
$1,467,343
Cap Rate 9%
$1,141,267
Alternative Uses
Best Use
Retail
$1.47M
$1.28M – $1.71M
NOI $102,714 @ 7.0% cap · market cap 3.80%
Second Best
Apartment 5plus
$1.43M
$1.26M – $1.67M
NOI $100,407 @ 7.0% cap · market cap 3.72%
Theoretical Best
Office A
$2.44M
$2.13M – $2.84M
NOI $170,545 @ 7.0% cap · market cap 6.32%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
6
Office units
6
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,243
Businesses Nearby
Explore this area
Business Placement
Demographics for 06608, CT
14,312
Population
4,915
Households
2.9
Avg Household Size
33
Median Age
7%
College-Educated
67%
High-School Grad
1.0 sq mi
ZIP Area
14,312
Density / Sq Mi
$43,008
Median Household Income
$30,524
Median Earnings
$1,311
Median Rent
$222,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - Fully tenanted building with 6 residential and 6 commercial units, plus a three-year tax phase.
Where is this apartment building located?
The property is located at 1086 East Main Street Bridgeport, CT.
What is the asking price?
The asking price for this property is $2,700,000.
What are key features of this property?
This property features: Fully tenanted 12‑unit mixed‑use building on E Main Street in Bridgeport; Includes 6 residential units and 6 commercial units; Year built: 1910
