Brick 3-Unit
New
For Sale
$489,500
1282 Park Avenue, Bridgeport, CT 06604
Multi-Family For Sale, 3updown - Unit(s) per Floor, Bridgeport, CT
Property Size2,714 SF
Lot Size0.06 Acres
Price / SF$180.36
Days on Market2
Property Features for 1282 Park Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
RB
Bedrooms
6
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 2, Bedroom 4, Bedroom 3, Bedroom 6, Bedroom 2, Bathroom 3, Bedroom 5, Bedroom 1, Bathroom 4, Basement, Bathroom 1
Patio and Porch features
Porch
Exterior features
Porch
Fireplace
1
Basement
Partial
Lot features
Level Lot
Elementary school
Curiale
High school
Bassick
Directions
GPS Friendly
Standard status
Active
Size
2,714 SF
Lot size
0.06 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
7344
Utilities
Sewer type
Public Sewer
Water source
Public
Building Details
Year built
1878
Architectural style
Other
Listing Agency:
Silver and Oak Realty
Listed By:
Jonathan Gineo
(860) 372-4666
Added: Oct 18
Last Checked: Oct 19 at 6:06AM
MLS# 24214696
Copyright © 2026 SmartMLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This brick triplex contains 2,714 square feet with six bedrooms and four full bathrooms. Built in 1878, the property also includes four fireplaces, a porch, a partial basement, and a walk-up attic. The site measures 0.06 acres, and the property is zoned RB, with public water and sewer service.
Located at 1282 Park Avenue in Bridgeport, the property is near shopping, dining, schools, and transit. It is being offered as-is while occupied; interior showings are not permitted, and the buyer will be responsible for obtaining possession after closing. The sale is subject to no contingencies or inspections.
Located at 1282 Park Avenue in Bridgeport, the property is near shopping, dining, schools, and transit. It is being offered as-is while occupied; interior showings are not permitted, and the buyer will be responsible for obtaining possession after closing. The sale is subject to no contingencies or inspections.
Key Highlights
- Three‑family brick property with 2,714 square feet
- Six bedrooms and four full bathrooms
- Four fireplaces, a porch, partial basement, and walk‑up attic
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,171
Cap Rate
7.19%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$703,420
$703.4K
Cap Rate 7%
$502,443
$502.4K
Cap Rate 9%
$390,789
$390.8K
Market Conditions
NOI Build-Up for 2,714 SF
Gross rent
$53.7K $19.80/SF
− Vacancy
−$3.5K −$1.29/SF
EGI
$50.2K $18.51/SF
− OpEx
−$15.1K −$5.55/SF
NOI
$35.2K $12.96/SF
Area
Bridgeport, CT
Vacancy
6.50%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$703,420
Cap Rate 7%
$502,443
Cap Rate 9%
$390,789
Alternative Uses
Best Use
Multifamily LT 5
$502.4K
$439.6K – $586.2K
NOI $35,171 @ 7.0% cap · market cap 7.19%
Second Best
Apartment 5plus
$456.1K
$399.1K – $532.1K
NOI $31,924 @ 7.0% cap · market cap 6.52%
Theoretical Best
Office A
$774.6K
$677.8K – $903.7K
NOI $54,224 @ 7.0% cap · market cap 11.08%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
2,457
Businesses Nearby
Explore this area
Business Placement
Demographics for 06604, CT
30,003
Population
12,972
Households
2.3
Avg Household Size
35
Median Age
29%
College-Educated
74%
High-School Grad
3.2 sq mi
ZIP Area
9,376
Density / Sq Mi
$45,794
Median Household Income
$34,706
Median Earnings
$1,419
Median Rent
$231,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - The 1878 property has four fireplaces, a porch, a partial basement, and a walk-up attic.
Where is this triplex located?
The property is located at 1282 Park Avenue Bridgeport, CT.
What is the asking price?
The asking price for this property is $489,500.
What are key features of this property?
This property features: Three‑family brick property with 2,714 square feet; Six bedrooms and four full bathrooms; Four fireplaces, a porch, partial basement, and walk‑up attic
