225 Lordship Blvd Stratford, CT 06615

This is a fully entitled 93,057 square foot mixed-use development opportunity located in Stratford. The permit-ready project has complete construction drawings, allowing a developer to move directly into the municipal building permit phase. The level, cleared 1.38-acre parcel is engineered for a 5-story building featuring 100 residential apartments and one ground-floor commercial space. The property is located minutes from I-95 (Exit 30) and less than three miles from both the Stratford and Bridgeport Metro-North stations, within a commuter corridor serving New Haven, Stamford, Norwalk, and New York City. The project is projected to achieve a NOI of $2,013,519. Full zoning approval has been secured and FEMA Zone AE elevation requirements are integrated into the approved architectural plans. The residential portion consists of 64 market-rate units and 36 affordable units (80% AMI). The average household income within a one-mile radius is $174,989. The approved site plan accommodates 120 parking spaces, including 37 covered spaces at grade level. It is Unit 3 within a professionally managed 4.74-acre campus that includes a CubeSmart self-storage facility and a luxury apartment community. The condominium structure is limited to shared site infrastructure, including access drives, lighting, landscaping, and stormwater systems, with no shared building systems or development constraints impacting Phase II construction. Monthly common charges are approximately $300 for campus-level maintenance.