Sale by Auction of City-owned Property

September 13, 2024

PUBLIC NOTICE

SALE BY AUCTION OF CITY-OWNED PROPERTY

The City of Bridgeport will offerthe parcels listed below at a public auction on September 25^th, 2024, at 6:00 PM in the City Council Chambers, 45 Lyon Terrace, Bridgeport, CT.

All parcels will be auctioned beginning with the minimum base price as set forth below. All properties are being sold as-is and where-is without representations or contingencies of any kind. The City of Bridgeport will convey the properties via quitclaim deed and the buyer is solely responsible for all due diligence associated with the property.

The successful bidder will be required to sign a contract immediately after the auction. The sale and subsequent conveyance must be concluded within thirty (30) days of signing the sales contract. If the buyer fails to close within thirty (30) days for any reason, the deposit will be forfeited, and the property will be resold at a later date.

QUALIFICATIONS

Anyone wishing to bid must register in person between 3:45 p.m. and 5:45 p.m. on the day of the auction. The bidder must indicate all properties on which he/she intends to bid and must present a bank check or certified funds in the amount of ten percent (10%) of the initial base price listed for each such property.

Deposits for unsuccessful bids will be returned at the end of the auction for each individual parcel. A sample contract will be available for review during registration. The City of Bridgeport reserves the right to remove a property from this list at any time.

QUESTIONS?

Contact:

Max Perez

Director of Business Development & Property Disposition

City of Bridgeport Office of Planning & Economic Development

203-576-7221 (office phone)

203-727-2707 (cell phone)

[email protected]

1. Address: 77 Johnson Street

Parcel: 403-35

Starting Bid: $30,000.00

Deposit: $3,000.00

2. Address: 119 Johnson Street

Parcel: 403-1

Starting Bid: $55,000.00

Deposit: $5,500.00

3. Address: 131 Columbia Street

Parcel: 405-19

Starting Bid: $60,000.00

Deposit: $6,000.00

4. Address: 1218 Kossuth Street

Parcel: 1708-01

Starting Bid: $45,000.00

Deposit: $4,500.00

5. Address: 177 Voight Ave

Parcel: 2792-B20

Starting Bid: $60,000.00

Deposit: $6,000.00

6. Address: 34 & 40 Revere St

Parcel: 624-30A & 624-30

Starting Bid: $80,000.00

Deposit: $8,000.00

(TWO PARCELS TO BE SOLD TOGETHER)

7. Address: 1136 & 1148 Stratford Ave

Parcel: 621-17 & 621-16

Starting Bid: $123,000.00

Deposit: $12,300.00

(TWO PARCELS TO BE SOLD TOGETHER)

8. Address: 1060 Stratford Ave

Parcel: 621-24

Starting Bid: $62,000.00

Deposit: $6,200.00

9. Address: 1095 Stratford Ave

Parcel: 705-9

Starting Bid: $100,000.00

Deposit: $10,000.00

10. Address: 1116 Stratford Ave

Parcel: 621-19

Starting Bid: $62,000.00

Deposit: $6,200.00

11. Address: 166 Fourth Street

Parcel: 738-7

Starting Bid: $140,000.00

Deposit: $14,000.00

For more information:

[email protected]