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124 Grasmere Avenue, Fairfield, CT 06824

Located on Grasmere Avenue in Fairfield, Connecticut, this asset is classified as multifamily.

Property Size2,665 SF
Price / SF$412.76
Days on Market9

Property Features for 124 Grasmere Avenue

General Information

Standard status Active
Size 2,665 SF
Property subtype Multifamily
Occupancy 75%
Investment Type Value Add
Net Operating Income $69,710

Additional Details

Public Transit Yes

Building Details

Units 4
Tenancy Multi
Listing Agency: Vidal Wettenstein LLC
Listed By: Silvester Garza · License #CT RES.0805472
Source: Crexi
Added: Aug 27 Changed: Aug 31 Last Checked: Sep 4 at 4:13AM

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 Vidal Wettenstein LLC

Investment Insights

Based on property information with market context.

This multifamily property at 124 Grasmere Avenue comprises 2,665 square feet in Fairfield, Connecticut. The asset is classified within the multifamily and residential income property categories. Its location places the property in Fairfield, with access to the community’s coastal setting, parks, shopping, restaurants, schools, Metro-North transportation, and major commuter routes.

Key Highlights

  • 2,665 square feet of multifamily property
  • 124 Grasmere Avenue address in Fairfield, CT
  • Classified as a multifamily property

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick HVAC Service Home Appliance Store (Bike/Boat/Book/etc) Store Nursing Home Furniture & Home Goods Cosmetic Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,232
Businesses Nearby

Demographics for 06824, CT

34,876
Population
12,690
Households
2.7
Avg Household Size
40
Median Age
77%
College-Educated
98%
High-School Grad
20.1 sq mi
ZIP Area
1,735
Density / Sq Mi
$193,149
Median Household Income
$80,095
Median Earnings
$2,271
Median Rent
$827,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - Located on Grasmere Avenue in Fairfield, Connecticut, this asset is classified as multifamily.
Where is this multifamily property located?
The property is located at 124 Grasmere Avenue Fairfield, CT.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 2,665 square feet of multifamily property; 124 Grasmere Avenue address in Fairfield, CT; Classified as a multifamily property
More about this property
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