199 CONGRESS & MAIN Bridgeport CT 06604

Discover the epitome of modern living in this brand-new, mixed-use development. Featuring 92 residential units—offering a variety of 1, 2, and 3-bedroom layouts—plus 5 retail spaces, this property is perfectly situated near major highways, the Stratford line, and close to universities and colleges. COMPLETELY RENTED units already rented and town approvals in place, this turnkey investment is ready to generate income from day one.

This property boasts underground parking, central AC, and gas—no renovations, updates, or painful zoning or fire inspections needed. Everything is newly constructed, with aCertificate of Occupancy already secured. Listed at $32M, this is a prime opportunity in a highly desirable area.

All retail spaces are for rent! Potential tenants can rent out individually, or occupy the whole space. Any variation will be reviewed.

Five years left of a tax abatement, approx 138k a year! (Five year extension being approved now.)

Attention investors: Don’t miss out on this hassle-free, modern living experience!

The seller is ready to make a deal! Please contact Tyler!

New Construction -- Bridgeport, CT

97 Units | $32,000,000

5.7% CAP | 6.2% Proforma

Photos > HERE

Financials > HERE

Class A New Construction, Completed 2024

(28) 1Bed/1Bath, (12) 2Bed/1Bath

(48) 2Bed/2Bath, (4) 3Bed/2Bath + (5) Commercial

Residential 100% Occupied | Commercial Spaces Vacant

~$2,250/unit avg. rent

Strong rental market & area demographics

Near Bridgeport/Stratford Line - Walkable to transit & shopping

On-site parking w/ addtl. income - 78 spaces

Modern, spacious layouts & high-end finishes

$138k/yr property tax abatement until 2029

Seller motivated to sell this spring

Listed by Tyler DeVecchis