6-Unit Apartment
121 Livingston, Bridgeport, CT 06610
For Sale
New
$1,250,000
Five apartments have month-to-month leases, and residents pay their own utilities.
Property Size7,875 SF
Price / SF$158.73
Days on Market4
Property Features for 121 Livingston
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Highway Access
Public Transit
Units
Unit Mix
Multifamily Units
Additional Details
Tenant in Place
Building Details
Year Built
Listing Agency:
CORE Realty Group
Listed By:
Nikoll Selca · License #REB.0795957
(203) 449-9347
Source:
Lockandkeyre
Added: Nov 6
Changed: Nov 8
Last Checked: Nov 8 at 5:21AM
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 CORE Realty Group
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 7,875-square-foot apartment property contains six units: four with three bedrooms and two with two bedrooms. Built in 1918, the building has five month-to-month tenancies; one unit is on a different lease arrangement. Residents pay their own utilities.
The property is in Bridgeport’s Beardsley Park neighborhood, near Beardsley Park and the Connecticut Beardsley Zoo. Major highways, shopping, and public transportation are also accessible from the area.
The property is in Bridgeport’s Beardsley Park neighborhood, near Beardsley Park and the Connecticut Beardsley Zoo. Major highways, shopping, and public transportation are also accessible from the area.
Key Highlights
- Six apartments totaling 7,875 square feet
- Unit mix includes four three‑bedroom apartments and two two‑bedroom apartments
- Five tenants are on month‑to‑month leases
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$92,632
Cap Rate
7.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,852,640
$1.9M
Cap Rate 7%
$1,323,314
$1.3M
Cap Rate 9%
$1,029,244
$1.0M
Market Conditions
NOI Build-Up for 7,875 SF
Gross rent
$177.7K $22.56/SF
− Vacancy
−$9.2K −$1.17/SF
EGI
$168.4K $21.39/SF
− OpEx
−$75.8K −$9.62/SF
NOI
$92.6K $11.76/SF
Area
Bridgeport, CT
Vacancy
5.20%
Lease Rate
$22.56 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,852,640
Cap Rate 7%
$1,323,314
Cap Rate 9%
$1,029,244
Alternative Uses
Best Use
Apartment 5plus
$1.32M
$1.16M – $1.54M
NOI $92,632 @ 7.0% cap · market cap 7.41%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.25M
$1.97M – $2.62M
NOI $157,339 @ 7.0% cap · market cap 12.59%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
6
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
650
Businesses Nearby
Explore this area
Business Placement
Demographics for 06610, CT
23,347
Population
9,292
Households
2.5
Avg Household Size
39
Median Age
17%
College-Educated
78%
High-School Grad
3.1 sq mi
ZIP Area
7,531
Density / Sq Mi
$50,836
Median Household Income
$36,698
Median Earnings
$1,364
Median Rent
$224,700
Median Home Value
Market
Average Price Trend$/SF for Apartment buildings in Bridgeport, CT
Properties on Market for Apartment buildings in Bridgeport
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Apartment building - Five apartments have month-to-month leases, and residents pay their own utilities.
Where is this apartment building located?
The property is located at 121 Livingston Bridgeport, CT.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Six apartments totaling 7,875 square feet; Unit mix includes four three‑bedroom apartments and two two‑bedroom apartments; Five tenants are on month‑to‑month leases
