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Whittier St Conversion 33 Unit Blackrock 86 Whittier St Lot | Terrain commercial | 0,5 ha | À vendre | 1 205 484 € | Bridgeport, CT 06605
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Informations principales sur l'investissement
- Asking Price $1,400,000 for 1.24 acres (Equivalent to $46,875 per convertible unit)
- Projected Cost per unit: $168,5000 (including land)
- Developer's Projected Return on Cost (stabilized): 8.75%
- Land value of approx. $1,209,700 per acre
- Projected total Development Cost $5,391,000 (including land)
- Attractive yield for a transit oriented, Class A redevelopment in a supply constrained submarket
Résumé analytique
EAC Properties LLC is proud to exclusively present 86 Whittier Street for purchase. This offering presents a rare opportunity to acquire a former school building situated on 1.24 acres in the highly sought after Black Rock neighborhood of Bridgeport, CT. The property is approved for conversion into a 33-unit multifamily apartment community, with all necessary approvals to be delivered prior to closing. Its strategic location is within proximity to Metro North’s Black Rock/Fairfield Metro train station, providing excellent commuter access and supporting strong long-term rental demand.
Black Rock offers a rare combination of lifestyle appeal, strong rental fundamentals, and long term growth potential. For multifamily investors and developers, it represents one of the most promising pockets of opportunity in Fairfield County—where demand is rising, supply is constrained, and the neighborhood’s unique charm continues to attract residents year after year.
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Informations sur l’immeuble
| Prix | 1 205 484 € | Type de bien | Terrain |
| Type de vente | Investissement | Sous-type de bien | Terrain commercial |
| Condition de vente | Projet de requalification | Usage proposé | Lots d’appartement |
| Nb de lots | 1 | Surface totale du lot | 0,5 ha |
| Zonage | RC - RC | ||
| Prix | 1 205 484 € |
| Type de vente | Investissement |
| Condition de vente | Projet de requalification |
| Nb de lots | 1 |
| Type de bien | Terrain |
| Sous-type de bien | Terrain commercial |
| Usage proposé | Lots d’appartement |
| Surface totale du lot | 0,5 ha |
| Zonage | RC - RC |
1 Lot disponible
Lot
| Prix | 1 205 484 € | Surface du lot | 0,5 ha |
| Prix par ha | 2 402 270,90 € |
| Prix | 1 205 484 € |
| Prix par ha | 2 402 270,90 € |
| Surface du lot | 0,5 ha |
Description
86 Whittier Street is a historic 1912 former school building on a large 1.24-acre corner lot, now positioned as a major residential redevelopment opportunity in Black Rock. EAC Properties LLC is proud to exclusively present 86 Whittier Street for purchase. This offering presents a rare opportunity to acquire a former school building situated on 1.24 acres in the highly sought after Black Rock neighborhood of Bridgeport, CT. The property is approved for conversion into a 33-unit multifamily apartment community, with all necessary approvals to be delivered prior to closing. Its strategic location is within proximity to Metro North’s Black Rock/Fairfield Metro train station, providing excellent commuter access and supporting strong long-term rental demand. Black Rock offers a rare combination of lifestyle appeal, strong rental fundamentals, and long term growth potential. For multifamily investors and developers, it represents one of the most promising pockets of opportunity in Fairfield County—where demand is rising, supply is constrained, and the neighborhood’s unique charm continues to attract residents year after year.
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Whittier St Conversion 33 Unit Blackrock | 86 Whittier St
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