Two-Unit Duplex with
For Sale
$849,000
179 Seaside, Stamford, CT 06902
Two separate apartments include in-unit laundry, with the first-floor residence offering direct basement access.
Property Size1,950 SF
Lot Size0.23 Acres
Price / SF$467.25
Days on Market14
Property Features for 179 Seaside
General Information
Standard status
Active
Size
1,950 SF
Lot size
0.23 Acres
Property subtype
2 Family
Lease Term
Listing ID: 24215368, Standard Status: Active, MLS Status: Active, Property Subtype: 2 Family, 11 days on market
Additional Details
Highway Access
Yes
Multifamily Units
2
Amenities
hardwood floors
fireplace
eat-in kitchen
stainless steel appliances
in-unit washer/dryer
basement storage
large backyard
Building Details
Building Size
1,950 SF
Year Built
1950
Buildings
1
Listing Agency:
Coldwell Banker Realty
(203) 324-5300
Listed By:
Vi Iaropoli · License #RES.0759491
(914) 438-9338
Source:
Iverty
Added: Oct 24
Changed: Nov 5
Last Checked: Nov 4 at 3:45PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This two-family duplex contains 1,817 square feet across two apartments. The first-floor unit has hardwood floors, arched hallways, a living room fireplace, an eat-in kitchen with white cabinetry and stainless steel appliances, and direct access to the backyard. Its bedrooms and updated bathroom are complemented by basement access, washer and dryer, and storage. The second-floor apartment has two bedrooms and its own in-unit washer and dryer.
The property occupies a level 0.23-acre lot and includes a two-car garage and additional parking. Updates include a newer heating system, a new hot water heater, and a new oil tank. The address is 179 Seaside in Stamford, with access to I-95 and proximity to beaches, Chelsea Piers, transportation, and downtown shops, restaurants, and entertainment.
The property occupies a level 0.23-acre lot and includes a two-car garage and additional parking. Updates include a newer heating system, a new hot water heater, and a new oil tank. The address is 179 Seaside in Stamford, with access to I-95 and proximity to beaches, Chelsea Piers, transportation, and downtown shops, restaurants, and entertainment.
Key Highlights
- Two apartments, including a second‑floor unit with two bedrooms
- First‑floor apartment features hardwood floors, arched hallways, and a fireplace
- Both apartments have in‑unit laundry; first‑floor unit also has basement access
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,963
Cap Rate
4.12%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$699,260
$699.3K
Cap Rate 7%
$499,471
$499.5K
Cap Rate 9%
$388,478
$388.5K
Market Conditions
NOI Build-Up for 1,817 SF
Gross rent
$53.4K $29.40/SF
− Vacancy
−$3.5K −$1.91/SF
EGI
$49.9K $27.49/SF
− OpEx
−$15.0K −$8.25/SF
NOI
$35.0K $19.24/SF
Area
Stamford, CT
Vacancy
6.50%
Lease Rate
$29.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$699,260
Cap Rate 7%
$499,471
Cap Rate 9%
$388,478
Alternative Uses
Best Use
Multifamily LT 5
$499.5K
$437.0K – $582.7K
NOI $34,963 @ 7.0% cap · market cap 4.12%
Second Best
Apartment 5plus
$446.7K
$390.9K – $521.2K
NOI $31,271 @ 7.0% cap · market cap 3.68%
Theoretical Best
Office A
$657.0K
$574.9K – $766.5K
NOI $45,989 @ 7.0% cap · market cap 5.42%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
777
Businesses Nearby
Explore this area
Business Placement
Demographics for 06902, CT
69,192
Population
30,142
Households
2.3
Avg Household Size
36
Median Age
44%
College-Educated
85%
High-School Grad
10.0 sq mi
ZIP Area
6,919
Density / Sq Mi
$92,527
Median Household Income
$48,285
Median Earnings
$2,139
Median Rent
$515,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Duplexes in Stamford, CT
Properties on Market for Duplexes in Stamford
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two separate apartments include in-unit laundry, with the first-floor residence offering direct basement access.
Where is this duplex located?
The property is located at 179 Seaside Stamford, CT.
What is the asking price?
The asking price for this property is $849,000.
What are key features of this property?
This property features: Two apartments, including a second‑floor unit with two bedrooms; First‑floor apartment features hardwood floors, arched hallways, and a fireplace; Both apartments have in‑unit laundry; first‑floor unit also has basement access
