Map of Property

Hollister Avenue Apartments

217 Hollister Ave, Bridgeport, CT 06607

  • For Sale $3,275,000
  • Property Type Multi-Family
  • Property Size 16,030 SF
  • Units 25
  • Lot Size 0.36 Acre
  • Year Built 1970
  • Date Updated Apr 22, 2025
Bridgeport is conveniently located at the confluence of Interstate 95, Route 5-15/Merritt Parkway & Connecticut Route 8, providing ease of access to Employment Centers of New Haven, Shelton, Norwalk, and Stamford and a diversity of employment sectors: health care, life science, financial services, education, aerospace, logistics, and advanced manufacturing. The Bridgeport Metro-North train station, which will take commuters to Norwalk in ±30 minutes; Stamford in ±35 minutes, and Grand Central Station in NYC in ±87 minutes is located in downtown Bridgeport, just a few minutes’ drive from the properties in the portfolio.Northeast Private Client Group is pleased to exclusively present for sale 217 Hollister Avenue, a twenty-five (25) unit apartment building located at 217 Hollister Avenue, Bridgeport CT 06607. Constructed in 1970, the property consists of twenty-five (25) free market 1BR/1BA apartments across 16,030 sf of living area atop 0.36 acres in the East End neighborhood of Bridgeport CT. The property features tenant paid utilities, ample off-street parking including four covered spaces, and an on-site laundry facility. 217 Hollister Avenue provides investors with the opportunity to immediately implement a proven value-add strategy that’s already been executed on several comparable buildings within the Bridgeport market. Currently, rents sit 30% below market with an average rent of $1,090/month while market comparables prove that a new owner can achieve an average market rent of $1,550+ with light apartment renovations and a more aggressive leasing strategy.
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Highlights

  • Twenty-Five (25) 1-bedroom/1-bath apartments | 100% Market Rate
  • 1970 Brick Construction
  • Tenant Paid Electric Heat and Hot Water
  • Majority of Apartments Have Been Renovated During the Current Ownership
  • Ample Off-Street Parking, On-Site Laundry Facility
  • Prime Commuter Location, Strong Local Employment Base
  • Strong Value Add Opportunity
  • Current Rents Sit 30% Below Market – Opportunity for a More Aggressive Leasing Strategy to Significantly Increase Current Rents Across All Units with a Further Premium of $450/month+ on Renovated Apartments
  • Opportunity to Monetize Parking
  • Proof of Concept Across Comparable Bridgeport Apartment Buildings

Contacts

broker
Rich Edwards

Northeast Private Client Group

Location

Getting Around

  • Walk Score ®

    56/100 Somewhat Walkable

  • Transit Score ®

    40/100 Some Transit

  • Bike Score ®

    62/100 Bikeable
Powered by Walk Score ®
  • City Bridgeport, CT
  • Neighborhood East End Bridgeport
  • Zip Code 06607
  • Market Bridgeport New Haven

Points of Interest

  • Connecticut Transportation Solutions, LLC

    3.16 miles

  • Fairfield Metro

    4.06 miles

  • Green's Farms

    8.89 miles

  • BP

    1.12 miles

  • Citgo

    1.22 miles

  • Hess

    1.25 miles

  • Cumberland Farms

    1.64 miles

  • Xtra Fuels

    1.78 miles

  • Mobil

    1.95 miles

  • Gulf

    1.97 miles

  • Shell

    2.11 miles

  • Exxon

    2.13 miles

  • Stratford Square

    2.46 miles

  • Connecticut Park and Ride

    0.37 miles

  • Pleasure Beach Parking Lot

    0.77 miles

  • Great Meadows Trail Parking

    1.09 miles

  • Bridgeport Municipal Garage

    1.44 miles

  • Short Beach Park Parking

    2.82 miles

  • Jennings Beach Parking

    4.72 miles

  • Quality Suites

    1.26 miles

  • Holiday Inn

    1.46 miles

  • Devon Motel

    4.02 miles

  • Marriott

    4.05 miles

  • Black Rock Inn

    4.13 miles

  • Residence Inn Milford

    4.28 miles

  • SpringHill Suites Milford

    4.35 miles

  • Red Roof Inn Milford

    4.40 miles

  • Fairfield Circle Inn

    4.67 miles

  • Hampton Inn

    5.38 miles

  • Frankie's Diner

    0.74 miles

  • Windmill Tavern

    0.84 miles

  • McDonald's

    0.89 miles

  • Uncle Buck's Fishbowl & Grill

    0.92 miles

  • The Boca Oyster Bar

    1.06 miles

  • Diner Hiway Restaurant

    1.08 miles

  • Yummy Yummy

    1.08 miles

  • Valley Farm

    1.09 miles

  • Pizza Hut

    1.09 miles

  • Chipotle

    1.10 miles

  • Jettie S. Tisdale School

    0.07 miles

  • Paul Laurence Dunbar School

    0.22 miles

  • Bridgeport Police Training Academy

    0.44 miles

  • East Side Middle School

    0.71 miles

  • Barnum School

    0.80 miles

  • Waltersville School

    0.87 miles

  • Hall School

    0.97 miles

  • Stratford Academy

    1.05 miles

  • Capital Preparatory Harbor School Lower

    1.11 miles

  • Victoria Soto School

    1.18 miles

  • Saint Mark's Day Care Center

    0.46 miles

  • Elle Em In Oh Pre

    1.05 miles

  • ABCD Child Care Center

    2.07 miles

  • Precious Memories Early Childhood Learning Center

    2.27 miles

  • A Child's World

    2.48 miles

  • All Our Kin

    2.74 miles

  • Precious Gifts Preschool

    2.80 miles

  • KDM Family Daycare

    2.85 miles

  • Precious Memories

    3.38 miles

  • Creative Minds Early Childhood Center LLC

    3.53 miles

Frequently Asked Questions

How much does Hollister Avenue Apartments cost?

The space currently listed for sale at Hollister Avenue Apartments asks for $3,275,000.

What is the total square footage of Hollister Avenue Apartments?

Hollister Avenue Apartments totals 16,030 square feet.

When was this property built?

Hollister Avenue Apartments was built in 1970.

Looking for more in-depth information on this property?

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Contact Listing Broker
broker
Rich Edwards

Northeast Private Client Group

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