24 Harbor St - Residential LAND FOR SALE


Stamford, CT 06902- Harbor Point44,431 SF
$5,000,000 USD
973-830-0742
24 Harbor St, Stamford, CT for Sale
$5,000,000 USD
Residential LAND - FOR SALE
1/3
44,431 SF

24 Harbor St
Stamford, CT 06902
Harbor Point


OVERVIEW

Executive Summary Kravet Realty is pleased to present the Harbor Manor Development Site, a 1.02-acre assemblage span?ning 7 parcels in Stamford’s South End — the city’s fastest-growing residential submarket. The site is zoned R-MF (Residential Multifamily) and supports the as-of-right development of up to 29 townhomes across a four-story, approximately 62,000 gross square foot building envelope. With an av?erage unit size exceeding 1,800 square feet, the site is ideally scaled for the premium, for-sale or build?to-rent townhome product that has driven record absorption in the South End. A portion of the site currently falls within the M-G zoning district and will require a rezoning to R-MF, a straightforward re?classification that town leaders have voiced support for. For developers seeking to maximize density, the R-MF district provides a path to approximately 40 units through a Special Permit with the Zoning Board, provided all required Below Market Rate units are de?livered on-site. Under this scenario, the same building envelope accommodates a diversified apartment mix averaging approximately 1,300 square feet per unit. The property sits within a federally designated Opportunity Zone, offering investors meaningful tax advantages including deferral and potential reduction of capital gains. It is located just half a mile from both I-95 and the Stamford Metro-North station, providing direct rail service to Manhattan in under an hour. The property currently contains two residential structures and an industrial building. All buildings are expected to be delivered vacant at closing

FOR SALE DETAILS

PRICE

$5,000,000 USD

PRICE/ACRE

$4,901,961/AC

PRICE/SF

$113 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Habor | Manor Street Development Site

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Planned Unit Development

LAND ACRES

1.02 AC

LAND SF

44,431 SF

OFFSITE IMPROVEMENTS

-

ZONING

RMF

APN/PARCEL ID

STAM-000000-000000-000353,STAM-000000-000000-000354,STAM-000000-000000-000355,STAM-000000-000000-000356

ASK ABOUT THIS PROPERTY

Lucas SeveroKravet Realty LLCMore Info
973-830-0742

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Lucas SeveroKravet Realty LLCMore Info
973-830-0742

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.