Brick Triplex with
For Sale
$489,500
1282 Park, Bridgeport, CT 06604
Three residential units provide a multi-unit configuration in a brick building.
Property Size2,714 SF
Price / SF$180.36
Days on Market8
Property Features for 1282 Park
General Information
Standard status
Active
Size
2,714 SF
Property subtype
3 Family
Additional Details
Public Transit
Yes
Multifamily Units
3
Amenities
fireplaces
partial basement
walk-up attic
Building Details
Year Built
1878
Construction
brick
Listing Agency:
Silver and Oak Realty
(860) 372-4666
Listed By:
Jonathan Gineo · License #REB.0790984
(860) 552-9286
Source:
Lockandkeyre
Added: Oct 15
Changed: Oct 21
Last Checked: Oct 20 at 8:03PM
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 Silver and Oak Realty
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 brick triplex contains 2,714 square feet with six bedrooms and four full bathrooms. Four fireplaces, a partial basement, and a walk-up attic are among the building’s existing features. Constructed in 1878, the property is offered as-is and is occupied; interior showings are not permitted.
The building is at 1282 Park in Bridgeport, Connecticut. Shopping, dining, schools, and transit are nearby. The buyer is responsible for obtaining possession after closing.
The building is at 1282 Park in Bridgeport, Connecticut. Shopping, dining, schools, and transit are nearby. The buyer is responsible for obtaining possession after closing.
Key Highlights
- Three‑family brick residence with 2,714 square feet
- Six bedrooms and four full bathrooms
- Four fireplaces
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.
How Realmo checks its estimates
Property Analytics
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
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - Three residential units provide a multi-unit configuration in a brick building.
Where is this triplex located?
The property is located at 1282 Park 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 residence with 2,714 square feet; Six bedrooms and four full bathrooms; Four fireplaces
