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86 Whittier St
Bridgeport, CT 06605 Black Rock

$1,500,000 USD

Land For Sale  •  1.24 AC

Property Details

• Property Type Land
• Lot Size 1.24 AC
• Zoning RC

43 Transit Score

81 Walk Score

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.

Highlights

Asking Price $1,500,000 for 1.24 acres (Equivalent to $46,875 per convertible unit)

Land value of approx. $1,209,700 per acre

Projected Cost per unit: $168,5000 (including land)

Projected total Development Cost $5,391,000 (including land)

Developer's Projected Return on Cost (stabilized): 8.75%

Attractive yield for a transit oriented, Class A redevelopment in a supply constrained submarket

Property Flyers

86 Whittier Street Bridgeport Multi Development

Public Transportation

Commuter Rail	Drive	Walk	Distance
Fairfield-Black Rock (New Haven - Metro-North Railroad)	3 min	-	1.3 mi
Bridgeport Station (New Haven Line - Shore Line East, Shore Line East - Shore Line East)	4 min	-	2.1 mi
Airport	Drive	Walk	Distance
Tweed/New Haven	38 min	-	24.6 mi
Westchester County	51 min	-	33.2 mi
Long Island MacArthur	111 min	-	36.1 mi