Northeast Private Client Group is pleased to present the Osso Building, an 8 unit mixed-use building located in the Black Rock area of Bridgeport, CT.
The Osso Building gives an investor the unique opportunity to purchase a concreate building featuring Retail and multifamily units. In the favorable Black Rock area of Bridgeport. The building is comprised of 2 retail units, 3 one-bedrooms and 3 two-bedroom units.
The Osso Building present the potential for near-term revenue growth. With the average rents in the Black Rock area being around 20% higher than that of Osso’s, there is clear opportunity to push rents to meet market value. Additionally, Bridgeport continue to develop as a market with significant redevelopment downtown in the Main Street North Corridor, the creation of a new shopping and entertainment district at Steel Point Harbor with a New Bass Pro Shops and rumors of an MGM Casino, and plans to add a second Metro North train station on the city’s East Side.
