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Spacious Multifamily Property on Park

1211 Park Avenue Bridgeport, CT 06604

Claim this Listing
For Sale
$599,900

Multifamily property featuring spacious units, hardwood floors, and high ceilings.

Type:2 Family
Property size:
4,348 SF
Price / SF:
$137/SF
Added:
May 1, 2026
Days on Market:
72
Last Refresh:
May 8 at 3:07 am

Property Features for 1211 Park Avenue

General Information

Standard status
Active
Size
4,348 SF
Property subtype
2 Family

Building Details

Year Built
1914

Listing office Houlihan Lawrence WD

Listing date May 1, 2026

Source Lockandkeyre

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 Houlihan Lawrence WD


Investment Insights

Based on property information with market context.

The multifamily property at 1211 Park Ave offers an investment opportunity with over 3500 square feet above grade. The property includes over 8 bedrooms across multiple 3-bedroom units. Each unit features large bedrooms, hardwood floors, and high ceilings. Recent updates have enhanced the property's functionality and appeal. Gas heat and gas hot water systems are in place. Commuters benefit from convenient access to I-95, Route 25/8 Connector, and the Merritt Parkway (Route 15). The property size is 4348 square feet.

Key Highlights

  • Spacious 3‑bedroom units in this multi‑family property.
  • Over 3500 above‑grade SqFt with 8+ bedrooms.
  • Recent updates enhance functionality and appeal.

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $98.1k $22.56
− Vacancy −$5.1k −$1.17
EGI $93.0k $21.39
− OpEx −$41.8k −$9.62
NOI $51.1k $11.76
4,348 SF · lease $22.56/SF/yr · vacancy 5.20% · expense 45.00%

Alternative Uses

Best Use
Multifamily LT 5
$804.9K
$704.3K – $939.1K (±1% cap)
NOI $56,346 @ 7.0% cap · market cap 9.39%
Second Best
Apartment 5plus
$730.6K
$639.3K – $852.4K (±1% cap)
NOI $51,145 @ 7.0% cap · market cap 8.53%
Theoretical Best
Office A
$1.24M
$1.09M – $1.45M (±1% cap)
NOI $86,871 @ 7.0% cap · market cap 14.48%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Acupuncture Locksmith Home Appliance Store Pet Store & Service Gym & Fitness Center Butcher Florist Pet Store (Bike/Boat/Book/etc) Store Skin Care Clinic

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Multifamily property featuring spacious units, hardwood floors, and high ceilings.
Where is this duplex located?
The property is located at 1211 Park Avenue Bridgeport, CT.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: Spacious 3‑bedroom units in this multi‑family property.; Over 3500 above‑grade SqFt with 8+ bedrooms.; Recent updates enhance functionality and appeal.
Contact an agent
More about this property
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