Mixed-Use Building with Commercial
36 Larkin Street Stamford, CT 06907
36 Larkin Street, Stamford, CT, 06907
$1,199,000
For Sale
$1,199,000
Three residential units plus a commercial space with off-street parking offer flexible live-and-earn or investment options.
Property Size2,714 SF
Price / SF$441.78
Days on Market30
Property Features for 36 Larkin Street
General Information
- Standard status
- Active
- Size
- 2,714 SF
- Property subtype
- 3 Family
Building Details
- Year Built
- 1910
Listing Agency
Keller Williams Realty
(203) 692-5915
Listed by
Geo Crume
(203) 692-5915
Source
Lockandkeyre
Added: Jun 18 Checked: Jul 16 at 6:38 am
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 Keller Williams Realty
Investment Insights
Based on property information with market context.
This mixed-use building combines three residential units with a dedicated commercial space. The residential lineup includes a spacious two-bedroom apartment, a one-bedroom apartment, and a studio, creating varied occupancy and lease-up options. Off-street parking is available for all units, providing a practical amenity for both residential and commercial tenants.
The property is located in Stamford, Connecticut, in a highly convenient area described as close to shopping, dining, transportation, and major commuter routes. This blend of residential and commercial space is positioned to support day-to-day accessibility for occupants and customers.
For buyers seeking flexibility, the building can support a range of strategies, including owner-occupancy with rental income from the other residential units. For investors, the mix of residential units and an additional commercial space provides multiple income sources within a single property. The off-street parking and multi-unit configuration can simplify tenant logistics, while the defined unit mix (two-bedroom, one-bedroom, and studio) helps broaden appeal across different household needs.
The property is located in Stamford, Connecticut, in a highly convenient area described as close to shopping, dining, transportation, and major commuter routes. This blend of residential and commercial space is positioned to support day-to-day accessibility for occupants and customers.
For buyers seeking flexibility, the building can support a range of strategies, including owner-occupancy with rental income from the other residential units. For investors, the mix of residential units and an additional commercial space provides multiple income sources within a single property. The off-street parking and multi-unit configuration can simplify tenant logistics, while the defined unit mix (two-bedroom, one-bedroom, and studio) helps broaden appeal across different household needs.
Key Highlights
- Built in 1910 mixed‑use property with 3 residential units plus a commercial space
- Residential unit mix includes a 2‑bedroom apartment, a 1‑bedroom apartment, and a studio
- Off‑street parking available for all units
Local Financial Insights For Multifamily LT 5
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 | $79.8k | $29.40 |
| − Vacancy | −$5.2k | −$1.91 |
| EGI | $74.6k | $27.49 |
| − OpEx | −$22.4k | −$8.25 |
| NOI | $52.2k | $19.24 |
2,714 SF · lease $29.40/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$746.1K
$652.8K – $870.4K
NOI $52,224 @ 7.0% cap · market cap 4.36%
Second Best
Retail
$667.9K
$584.4K – $779.2K
NOI $46,750 @ 7.0% cap · market cap 3.90%
Theoretical Best
Office A
$981.3K
$858.7K – $1.14M
NOI $68,692 @ 7.0% cap · market cap 5.73%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Three residential units plus a commercial space with off-street parking offer flexible live-and-earn or investment options.
Where is this triplex located?
The property is located at 36 Larkin Street Stamford, CT.
What is the asking price?
The asking price for this property is $1,199,000.
What are key features of this property?
This property features: Built in 1910 mixed‑use property with 3 residential units plus a commercial space; Residential unit mix includes a 2‑bedroom apartment, a 1‑bedroom apartment, and a studio; Off‑street parking available for all units
