2038 Main Street Bridgeport, CT 06604
Mixed-use buildings with residential and retail spaces in Bridgeport, CT.
Property Features for 2038 Main Street
General Information
- Standard status
- Active
- Size
- 9,373 SF
- Property subtype
- Retail, Multifamily
Listing office Baldwin Pearson & Company
Listing date May 18, 2026
Source Crexi
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 Baldwin Pearson & Company
Investment Insights
Based on property information with market context.
Key Highlights
- Rare investment opportunity in a dynamic Connecticut real estate market.
- Consists of two adjacent brick mixed‑use buildings on a high‑visibility, heavily trafficked block.
- Offers a blend of value‑add residential upside and stable, in‑place commercial income.
Local Financial Insights For Mixed Use
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 | $236.2k | $25.20 |
| − Vacancy | −$18.9k | −$2.02 |
| EGI | $217.3k | $23.18 |
| − OpEx | −$81.5k | −$8.69 |
| NOI | $135.8k | $14.49 |
