New Construction Six-Unit
390 Carroll Ave Bridgeport, CT 06607
390 Carroll Ave, Bridgeport, CT, 06607
$2,150,000
For Sale
$2,150,000
Brand new six-unit building with six 2-bedroom, 2-bath layouts and in-unit washer and dryer.
Property Size7,600 SF
Price / SF$282.89
Days on Market75
Property Features for 390 Carroll Ave
General Information
- Standard status
- Active
- Size
- 7,600 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 2026
Listing agency
(203) 307-0002
Listed by
Ed Elysee Elysee
(203) 307-0002
Source
Elliman
Added: May 9 Updated: Jul 22 at 5:21AM Checked: Jul 22 at 5:21AM
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 Ed Elysee Elysee
Investment Insights
Based on property information with market context.
New construction six-unit multifamily apartment building to be completed with a Certificate of Occupancy expected in June 2026. The property includes six identical units, each offering two bedrooms and two bathrooms, with modern layouts and full kitchens featuring stainless appliances. Each unit also includes a washer and dryer, supporting convenient in-home laundry.
BikeScore is listed as 58 and WalkScore as 65 (somewhat walkable). TransitScore is listed as 39 (some transit).
The building is being constructed with low-maintenance materials, positioned as a turnkey multifamily option upon completion.
BikeScore is listed as 58 and WalkScore as 65 (somewhat walkable). TransitScore is listed as 39 (some transit).
The building is being constructed with low-maintenance materials, positioned as a turnkey multifamily option upon completion.
Key Highlights
- New construction 6‑family multifamily building at 386‑390 Carroll Ave, Bridgeport, CT
- Approx. 7,600 sq ft building with six (6) units, all with 2 bedrooms and 2 bathrooms
- Identical modern layouts across all six units
Local Financial Insights For Apartment 5plus
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 | $171.5k | $22.56 |
| − Vacancy | −$8.9k | −$1.17 |
| EGI | $162.5k | $21.39 |
| − OpEx | −$73.1k | −$9.62 |
| NOI | $89.4k | $11.76 |
7,600 SF · lease $22.56/SF/yr · vacancy 5.20% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.28M
$1.12M – $1.49M
NOI $89,397 @ 7.0% cap · market cap 4.16%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.17M
$1.90M – $2.53M
NOI $151,844 @ 7.0% cap · market cap 7.06%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - Brand new six-unit building with six 2-bedroom, 2-bath layouts and in-unit washer and dryer.
Where is this apartment building located?
The property is located at 390 Carroll Ave Bridgeport, CT.
What is the asking price?
The asking price for this property is $2,150,000.
What are key features of this property?
This property features: New construction 6‑family multifamily building at 386‑390 Carroll Ave, Bridgeport, CT; Approx. 7,600 sq ft building with six (6) units, all with 2 bedrooms and 2 bathrooms; Identical modern layouts across all six units
