Listed by Greenwich - William Raveis- Daniel Kolich- All Pro
$1,275,000
62 DYKE LN STAMFORD CT 06902-7345
Details
APN 4027
Property Type Multifamily, Office
Sub Type Apartment Building, Creative Office
Square Footage 3,500
Net Rentable (SqFt) 3,500
Units 5
Occupancy 50%
Tenancy Multi
Pro-Forma Cap Rate 9.1%
Pro-Forma NOI $115,965
Class B
Year Built 1925
Year Renovated 2005
Buildings 2
Stories 3
Lot Size (SqFt) 4,462
Zoning MG
Ground Lease No
Harbor Point Multifamily w/ Legal Office and Warehouse
Marketing description
Diamond in the rough. Opportunity in Fairfield County's must sought after neighborhood
5 revenue streams in Harbor Point.
Warehouse, Office and Multifamily
Pro Forma GOI $151,000 Low Taxes $11,610 Insurance $4800
Each unit needs $5,000 - $7,000 in Cap Ex to achieve Pro Forma $125,000 NOI
Park Space next door for you MF tenants to enjoy. Steps from boardwalk, restaurants, etc
Investment highlights
Excellent Opportunity to own a piece of sought after Stamford's Harbor Point
Needs very little Cap Ex to achieve pro forma $125,000 NOI = $2,000,000 Value at 6 Cap
Flexible for End User. Can be owner / user. Rent 3 apartments. Take Garage and office for your business. Or lease entire space and collect 5 rents.
Listing Contacts
Listed by Greenwich - William Raveis- Daniel Kolich- All Pro
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