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		<submissionType>SCHEDULE 13G</submissionType>
		<filerInfo>
			<filer>
				<filerCredentials>
					<cik>0001591377</cik>
					<ccc>XXXXXXXX</ccc>
				</filerCredentials>
			</filer>
			<liveTestFlag>LIVE</liveTestFlag>


		</filerInfo>
	</headerData>
	<formData>
		<coverPageHeader>
			<securitiesClassTitle>Class A Common Stock, $.01 par value</securitiesClassTitle>
			<eventDateRequiresFilingThisStatement>12/31/2025</eventDateRequiresFilingThisStatement>
			<issuerInfo>
				<issuerCik>0000202947</issuerCik>
				<issuerName>Capital Properties, Inc.</issuerName>
				<issuerCusip>140430109</issuerCusip>
				<issuerPrincipalExecutiveOfficeAddress>
					<com:street1>5 Steeple Street</com:street1>
					<com:street2>Unit 303</com:street2>
					<com:city>Providence</com:city>
					<com:stateOrCountry>RI</com:stateOrCountry>
					<com:zipCode>02903</com:zipCode>
				</issuerPrincipalExecutiveOfficeAddress>
			</issuerInfo>
			<designateRulesPursuantThisScheduleFiled>
				<designateRulePursuantThisScheduleFiled>Rule 13d-1(d)</designateRulePursuantThisScheduleFiled>
			</designateRulesPursuantThisScheduleFiled>
		</coverPageHeader>
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			<reportingPersonName>P. Oppenheimer Investment Parternship, LP</reportingPersonName>
			<citizenshipOrOrganization>DE</citizenshipOrOrganization>
			<reportingPersonBeneficiallyOwnedNumberOfShares>
				<soleVotingPower>292967</soleVotingPower>
				<sharedVotingPower>0</sharedVotingPower>
				<soleDispositivePower>292967</soleDispositivePower>
				<sharedDispositivePower>0</sharedDispositivePower>
			</reportingPersonBeneficiallyOwnedNumberOfShares>
			<reportingPersonBeneficiallyOwnedAggregateNumberOfShares>292967</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
			<classPercent>4.44</classPercent>
			<typeOfReportingPerson>PN</typeOfReportingPerson>
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		<coverPageHeaderReportingPersonDetails>


			<reportingPersonName>Oppenheimer-Close Investment Partnership, LP</reportingPersonName>
			<citizenshipOrOrganization>DE</citizenshipOrOrganization>
			<reportingPersonBeneficiallyOwnedNumberOfShares>
				<soleVotingPower>5091</soleVotingPower>
				<sharedVotingPower>0</sharedVotingPower>
				<soleDispositivePower>5091</soleDispositivePower>
				<sharedDispositivePower>0</sharedDispositivePower>
			</reportingPersonBeneficiallyOwnedNumberOfShares>
			<reportingPersonBeneficiallyOwnedAggregateNumberOfShares>5091</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
			<classPercent>0.08</classPercent>
			<typeOfReportingPerson>PN</typeOfReportingPerson>
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			<reportingPersonName>Oppenheimer + Close, LLC</reportingPersonName>
			<citizenshipOrOrganization>DE</citizenshipOrOrganization>
			<reportingPersonBeneficiallyOwnedNumberOfShares>
				<soleVotingPower>21180</soleVotingPower>
				<sharedVotingPower>0</sharedVotingPower>
				<soleDispositivePower>21180</soleDispositivePower>
				<sharedDispositivePower>0</sharedDispositivePower>
			</reportingPersonBeneficiallyOwnedNumberOfShares>
			<reportingPersonBeneficiallyOwnedAggregateNumberOfShares>49985</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
			<classPercent>0.76</classPercent>
			<typeOfReportingPerson>IA</typeOfReportingPerson>
		</coverPageHeaderReportingPersonDetails>
		<coverPageHeaderReportingPersonDetails>

			<reportingPersonName>Oppvest, LLC</reportingPersonName>
			<citizenshipOrOrganization>DE</citizenshipOrOrganization>
			<reportingPersonBeneficiallyOwnedNumberOfShares>
				<soleVotingPower>298058</soleVotingPower>
				<sharedVotingPower>0</sharedVotingPower>
				<soleDispositivePower>298058</soleDispositivePower>
				<sharedDispositivePower>0</sharedDispositivePower>
			</reportingPersonBeneficiallyOwnedNumberOfShares>
			<reportingPersonBeneficiallyOwnedAggregateNumberOfShares>298058</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
			<classPercent>4.52</classPercent>
			<typeOfReportingPerson>OO</typeOfReportingPerson>
			<typeOfReportingPerson>IA</typeOfReportingPerson>
		</coverPageHeaderReportingPersonDetails>
		<coverPageHeaderReportingPersonDetails>

			<reportingPersonName>Carl K. Oppenheimer</reportingPersonName>
			<citizenshipOrOrganization>X1</citizenshipOrOrganization>
			<reportingPersonBeneficiallyOwnedNumberOfShares>
				<soleVotingPower>319238</soleVotingPower>
				<sharedVotingPower>0</sharedVotingPower>
				<soleDispositivePower>319238</soleDispositivePower>
				<sharedDispositivePower>0</sharedDispositivePower>
			</reportingPersonBeneficiallyOwnedNumberOfShares>
			<reportingPersonBeneficiallyOwnedAggregateNumberOfShares>348043</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
			<classPercent>5.27</classPercent>
			<typeOfReportingPerson>IN</typeOfReportingPerson>
		</coverPageHeaderReportingPersonDetails>
		<items>
			<item1>
				<issuerName>Capital Properties, Inc.</issuerName>
				<issuerPrincipalExecutiveOfficeAddress>5 Steeple Street, Unit 303, Providence, RHODE ISLAND 02903</issuerPrincipalExecutiveOfficeAddress>
			</item1>
			<item2>
				<filingPersonName>P. Oppenheimer Investment Partnership, LP
Oppenheimer-Close Investment Partnership, LP
Oppenheimer + Close, LLC
Oppvest, LLC
Carl K. Oppenheimer</filingPersonName>
				<principalBusinessOfficeOrResidenceAddress>119 West 57th Street
Suite 1515
New York, NY 10019</principalBusinessOfficeOrResidenceAddress>
				<citizenship>Delaware
Delaware
Delaware
Delaware
USA</citizenship>
			</item2>
			<item3>
				<notApplicableFlag>Y</notApplicableFlag>
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			<item4>
				<amountBeneficiallyOwned>292,967
5,091
49,985
298,058
348,043</amountBeneficiallyOwned>
				<classPercent>4.4%
0.1%
0.8%
4.5%
5.3</classPercent>
				<numberOfSharesPersonHas>
					<solePowerOrDirectToVote>292,967
5,091
21,180
298,058
319,238</solePowerOrDirectToVote>
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0
0
0
0</sharedPowerOrDirectToVote>
					<solePowerOrDirectToDispose>292,967
5,091
21,180
298,058
319,238</solePowerOrDirectToDispose>
					<sharedPowerOrDirectToDispose>0
0
0
0
0</sharedPowerOrDirectToDispose>
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			</item4>
			<item5>
				<notApplicableFlag>Y</notApplicableFlag>
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			<item6>
				<notApplicableFlag>Y</notApplicableFlag>
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			<item7>
				<notApplicableFlag>Y</notApplicableFlag>
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			<item8>
				<notApplicableFlag>Y</notApplicableFlag>
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			<item9>
				<notApplicableFlag>Y</notApplicableFlag>
			</item9>
			<item10>
				<notApplicableFlag>Y</notApplicableFlag>
			</item10>
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		<signatureInformation>
			<reportingPersonName>P. Oppenheimer Investment Parternship, LP</reportingPersonName>
			<signatureDetails>
				<signature>Carl K. Oppenheimer</signature>
				<title>Managing Member</title>
				<date>02/10/2026</date>
			</signatureDetails>
		</signatureInformation>
		<signatureInformation>
			<reportingPersonName>Oppenheimer-Close Investment Partnership, LP</reportingPersonName>
			<signatureDetails>
				<signature>Carl K. Oppenheimer</signature>
				<title>Managing Member</title>
				<date>02/10/2026</date>
			</signatureDetails>
		</signatureInformation>
		<signatureInformation>
			<reportingPersonName>Oppenheimer + Close, LLC</reportingPersonName>
			<signatureDetails>
				<signature>Carl K. Oppenheimer</signature>
				<title>Managing Member</title>
				<date>02/10/2026</date>
			</signatureDetails>
		</signatureInformation>
		<signatureInformation>
			<reportingPersonName>Oppvest, LLC</reportingPersonName>
			<signatureDetails>
				<signature>Carl K. Oppenheimer</signature>
				<title>Managing Member</title>
				<date>02/10/2026</date>
			</signatureDetails>
		</signatureInformation>
		<signatureInformation>
			<reportingPersonName>Carl K. Oppenheimer</reportingPersonName>
			<signatureDetails>
				<signature>Carl K. Oppenheimer</signature>
				<title>Managing Member</title>
				<date>02/10/2026</date>
			</signatureDetails>
		</signatureInformation>
	</formData>
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