First-Floor Office Condo
35 West Broad Street #100 Stamford, CT 06902
35 West Broad Street #100, Stamford, CT, 06902
$525,000
For Sale
$525,000
Modern first-floor office condo with reception area, three offices, conference room, kitchenette, and private bathroom with shower.
Property Size1,282 SF
Price / SF$409.52
Days on Market9
Property Features for 35 West Broad Street #100
General Information
- Standard status
- Active
- Size
- 1,282 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 2005
Listing agency
Berkshire Hathaway NE Prop.
(203) 329-2111
Listed by
G.R. SCHWAMM
Source
Corcoran
Added: Jul 13 Updated: Jul 20 at 5:34PM Checked: Jul 21 at 4:55AM
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 Berkshire Hathaway NE Prop.
Investment Insights
Based on property information with market context.
This modern first-floor office condo suite is configured for professional service use and includes a reception or waiting area, three individual offices, a conference room, a dedicated workspace room, and a kitchenette. The suite also features a bathroom with a shower, along with extra storage available if needed.
Located in a primarily residential condo development in Stamford, the suite offers convenient access for clients and visitors. Public transportation is nearby, and the property is minutes to dining and retail options, Mill River Park, UCONN, and Stamford Hospital.
The building includes shared amenities such as a common exercise room, a spacious club room with TV, and an outdoor courtyard with picnic tables. The condo is supported by six dedicated covered parking spaces.
Located in a primarily residential condo development in Stamford, the suite offers convenient access for clients and visitors. Public transportation is nearby, and the property is minutes to dining and retail options, Mill River Park, UCONN, and Stamford Hospital.
The building includes shared amenities such as a common exercise room, a spacious club room with TV, and an outdoor courtyard with picnic tables. The condo is supported by six dedicated covered parking spaces.
Key Highlights
- 2005‑built modern first‑floor office condo with reception/waiting area, 3 individual offices, conference room, and workspace room
- Includes kitchenette and a private bathroom with shower
- Common amenities include an exercise room, a spacious club room with TV, and an outdoor courtyard with picnic tables
Local Financial Insights For Office B
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 | $36.2k | $28.20 |
| − Vacancy | −$9.9k | −$7.70 |
| EGI | $26.3k | $20.50 |
| − OpEx | −$6.6k | −$5.13 |
| NOI | $19.7k | $15.38 |
1,282 SF · lease $28.20/SF/yr · vacancy 27.30% · expense 25.00%
Alternative Uses
Best Use
Office B
$281.6K
$246.4K – $328.5K
NOI $19,712 @ 7.0% cap · market cap 3.75%
Second Best
Healthcare Medical
$276.5K
$242.0K – $322.6K
NOI $19,356 @ 7.0% cap · market cap 3.69%
Theoretical Best
Office A
$463.5K
$405.6K – $540.8K
NOI $32,448 @ 7.0% cap · market cap 6.18%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Casa de tÃa ...
Condominium Complex
Raymond James Financial ...
Financial Advisor
Toyota Lease Deals
Loan Service
Mill River House ...
Condominium Complex
Stillwater Investment Management
Financial Advisor
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FAQs
What type of property is this?
Office units - Modern first-floor office condo with reception area, three offices, conference room, kitchenette, and private bathroom with shower.
Where is this office units located?
The property is located at 35 West Broad Street #100 Stamford, CT.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: 2005‑built modern first‑floor office condo with reception/waiting area, 3 individual offices, conference room, and workspace room; Includes kitchenette and a private bathroom with shower; Common amenities include an exercise room, a spacious club room with TV, and an outdoor courtyard with picnic tables
