Quadplex with Finished
New
For Sale
$899,000
39-45 Harral Avenue, Bridgeport, CT 06604
Each apartment includes two bedrooms, a full bath, and an eat-in kitchen.
Days on Market3
Property Features for 39-45 Harral Avenue
General Information
Standard status
Active
Property subtype
4 Family
Additional Details
Highway Access
Yes
Building Details
Building Size
4,857 SF
Year Built
1892
Listing Agency:
HJL Realty, LLC
(203) 414-1013
Listed By:
Hoffman Jean-Louis · License #REB.0790314
(203) 414-1013
Source:
Higginsgroup
Added: Jul 30
Changed: Jul 31
Last Checked: Jul 31 at 2:08PM
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 HJL Realty, LLC
Investment Insights
Based on property information with market context.
This quadplex contains 16 rooms arranged across four apartments, with each apartment offering two bedrooms, one full bath, an eat-in kitchen, and a living room. One unit is currently being repaired. The property also includes a walk-up finished attic and a large private backyard.
Located in Bridgeport’s Westend, the property offers access to I-95 North and South and Route 8. It is a short distance from Bridgeport train station, the bus station, and Bridgeport Bass Pro Shops.
Located in Bridgeport’s Westend, the property offers access to I-95 North and South and Route 8. It is a short distance from Bridgeport train station, the bus station, and Bridgeport Bass Pro Shops.
Key Highlights
- Quadplex with 16 rooms across four apartments
- Each apartment has two bedrooms, one full bath, an eat‑in kitchen, and a living room
- One unit is currently being repaired
Financial Insights For Multifamily LT 5
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 | $96.2k | $19.80 |
| − Vacancy | −$6.3k | −$1.29 |
| EGI | $89.9k | $18.51 |
| − OpEx | −$27.0k | −$5.55 |
| NOI | $62.9k | $12.96 |
4,857 SF · lease $19.80/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$899.2K
$786.8K – $1.05M
NOI $62,942 @ 7.0% cap · market cap 7.00%
Second Best
Apartment 5plus
$816.2K
$714.2K – $952.2K
NOI $57,132 @ 7.0% cap · market cap 6.36%
Theoretical Best
Office A
$1.39M
$1.21M – $1.62M
NOI $97,041 @ 7.0% cap · market cap 10.79%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,484
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Each apartment includes two bedrooms, a full bath, and an eat-in kitchen.
Where is this quadplex located?
The property is located at 39-45 Harral Avenue Bridgeport, CT.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Quadplex with 16 rooms across four apartments; Each apartment has two bedrooms, one full bath, an eat‑in kitchen, and a living room; One unit is currently being repaired
