203-249-9660
51 Schuyler Ave, Stamford, CT for Sale
Apartments CONDO - FOR SALE
1/5
null | Request Cap Rate


HIGHLIGHTS

  • Occupied by a long-standing medical practice.
  • The tenant has been in occupancy since 2011.
  • Features a fresh five-year lease term.
  • Includes annual rent escalations of approximately 2.5%.
  • The tenant has extended the lease multiple times.
  • Future increases in real estate taxes are reimbursed by the tenant.

OVERVIEW

The property offers location scarcity as a ground-floor medical office near Stamford Hospital, owner-user upside if the lease is not renewed, and residential conversion optionality within a residential condominium building.

FOR SALE DETAILS

PRICE

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CAP RATE

Request Cap Rate

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

59,490 SF

STORIES

9

BUILDING CLASS

C

YEAR BUILT

1981

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

0.76 AC

LAND SF

33,106 SF

ZONING

RMF

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Lisa DanielRIPCO Real EstateMore Info
203-249-9660

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Lisa DanielRIPCO Real EstateMore Info
203-249-9660

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