86 Whittier Street Bridgeport Connecticut

Description:

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 slated for conversion into a 32-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.


Bridgeport’s Black Rock neighborhood offers a rare mix of lifestyle appeal, transit access, and constrained supply that makes it a compelling place to invest and support long-term community growth, especially with multifamily redevelopment like 86 Whittier Street.[ppl-ai-file-upload.s3.amazonaws][en.wikipedia]

Short Area Description

Anchored on the waterfront at the southwestern edge of Bridgeport, Black Rock combines historic New England charm with an active, walkable community and strong rental fundamentals. The neighborhood sits between Ash Creek and Long Island Sound, with parks, marinas, and the St. Mary’s-by-the-Sea seawall providing daily lifestyle amenities that attract professionals, creatives, and long-term residents.[en.wikipedia]

Recent investment around the Fairfield–Black Rock Metro-North station has transformed the area into a true transit-oriented submarket, offering direct rail access to Stamford, New Haven, and New York City while driving demand for modern Class A apartments. With rising population, solid household incomes in the immediate trade area, and limited available land, well-planned infill projects like the conversion of 86 Whittier Street into 32 multifamily units benefit from both undersupplied housing stock and durable renter demand.[portal.ct][ppl-ai-file-upload.s3.amazonaws]

Black Rock’s designated historic district, active NRZ (Neighborhood Revitalization Zone), and engaged local community create a stable, high-character environment where new development is welcomed when it enhances the neighborhood’s fabric and respects its scale. For investors and stakeholders, supporting projects here means backing smart growth in one of Fairfield County’s most promising urban neighborhoods—where lifestyle appeal, transportation connectivity, and market fundamentals align to drive long-term value.[en.wikipedia][ppl-ai-file-upload.s3.amazonaws]

Andreas Senie, is this primarily for a marketing flyer, an OM, or municipal/community presentation?


INVESTMENT HIGHLIGHTS            
✓ Transit-Oriented Development - Steps from Metro North Black Rock/Fairfield Metro Stations            
✓ Class A Conversion Potential - Premium finishes in supply-constrained Fairfield County submarket            
✓ Approvals Delivered at Closing - Reduces development risk & accelerates timeline            
✓ Attractive Developer ROC - Seller projected 8.75% return on cost at stabilization            
✓ Premium Location - Black Rock neighborhood commands rent premium vs. greater Bridgeport            
✓ Strong Demographics - 22,400 population within 1 mile | $61,400 median household income