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Six-Unit Apartment Building

113 Seaside Avenue Stamford, CT 06902

New
113 Seaside Avenue, Stamford, CT, 06902
$1,850,000
For Sale
$1,850,000

MULTI_FAMILY - Stamford, CT

Property Size4,752 SF
Lot Size0.21 Acres
Price / SF$389.31
Days on Market1

Property Features for 113 Seaside Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
R5
Bedrooms
12
Bathrooms
6
Rooms
Bedroom 1, Bedroom 5, Bathroom 5, Bathroom 3, Bathroom 4, Bathroom 1, Bathroom 6, Bedroom 2, Basement, Bedroom 4, Bedroom 11, Bedroom 6, Bathroom 2, Bedroom 8, Bedroom 7, Bedroom 3, Bedroom 12, Bedroom 10, Bedroom 9
Parking
9
Basement
Full, Unfinished, Concrete
Standard status
Active
Size
4,752 SF
Lot size
0.21 Acres

Taxes and HOA fees

Tax Year
2027
Tax Annual Amount
19200

Utilities

Sewer type
Public Sewer
Heating system
Hot Water(Heating), Natural Gas, Baseboard
Cooling system
Window Unit(s)
Water source
Public

Building Details

Year built
1930
Architectural style
Other
Listing agency BHGRE Shore & Country
Listed by Enrico Difilippo
Added: Jul 21 Checked: Jul 21 at 7:06PM
MLS# 24157699

Copyright © 2026 SmartMLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This well-maintained six-unit apartment building is configured over three floors with two apartments per floor in a railroad layout. Each unit is separately metered for gas and electric, and tenants are responsible for heat, hot water, and electricity. A secure storage room is available in the basement for each tenant.

The property includes off-street parking for approximately 10 cars. Located in Cove near the beach, with a bus stop across the street.

Building improvements include six boilers and hot water heaters newly replaced within the last seven years, along with updated electric meters and fuse panels. The basement includes a sprinkler system, and there is remote-controlled smoke and carbon monoxide coverage throughout the building per fire department approval.

Key Highlights

  • 6‑family, 3‑floor apartment building in a Cove location
  • All 6 units are separately metered for gas, electric, and hot water; tenants pay heat, hot water, and electric
  • 6 boilers and hot water heaters newly replaced within the last 7 years

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $158.5k $33.36
− Vacancy −$9.8k −$2.07
EGI $148.7k $31.29
− OpEx −$66.9k −$14.08
NOI $81.8k $17.21
4,752 SF · lease $33.36/SF/yr · vacancy 6.20% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$1.17M
$1.02M – $1.36M (±1% cap)
NOI $81,784 @ 7.0% cap · market cap 4.42%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.72M
$1.50M – $2.00M (±1% cap)
NOI $120,274 @ 7.0% cap · market cap 6.50%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Law Firm Parking Lot & Garage Furniture & Home Goods (Bike/Boat/Book/etc) Store Skin Care Clinic Bakery Garden Center Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Locksmith

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Six apartments are arranged in a 3-story railroad layout with separate gas and electric metering.
Where is this apartment building located?
The property is located at 113 Seaside Avenue Stamford, CT.
What is the asking price?
The asking price for this property is $1,850,000.
What are key features of this property?
This property features: 6‑family, 3‑floor apartment building in a Cove location; All 6 units are separately metered for gas, electric, and hot water; tenants pay heat, hot water, and electric; 6 boilers and hot water heaters newly replaced within the last 7 years
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