Flexible-Plan Office
New
For Sale
Contact for pricing
43 Crescent St Unit 20, Stamford, CT 06906
The property offers access to I-95, the Merritt Parkway, and Glen Brook Train Station.
Property Size1,488 SF
Price / SF$0.34
Days on Market3
Property Features for 43 Crescent St Unit 20
General Information
Standard status
Active
Size
1,488 SF
Site & Location
Highway Access
Yes
Public Transit
Yes
Utilities to Site
Yes
Additional Details
Property Use
Office
Building Details
Year Built
1965
Listing Agency:
Kinard Realty Group
Listed By:
Meera Banta (203) 536-4117 (203) 504-5005 · License #REB.0791691
(203) 536-4117
Source:
Centralconnecticuthomefinder
Added: Oct 29
Changed: Oct 30
Last Checked: Oct 30 at 2:06PM
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 Kinard Realty Group
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,488-square-foot office unit at 43 Crescent St in Stamford has a flexible floor plan. The building dates to 1965, and parking is available on site.
Glen Brook Train Station is steps away. I-95 and the Merritt Parkway provide access to the property, with LaGuardia and JFK International Airports also accessible from the area.
Glen Brook Train Station is steps away. I-95 and the Merritt Parkway provide access to the property, with LaGuardia and JFK International Airports also accessible from the area.
Key Highlights
- 1,488‑square‑foot office unit
- Flexible floor plan
- Steps from Glen Brook Train Station
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,880
Suggested Prices Based on Cap Rates
Cap Rate 5%
$457,600
$457.6K
Cap Rate 7%
$326,857
$326.9K
Cap Rate 9%
$254,222
$254.2K
Market Conditions
NOI Build-Up for 1,488 SF
Gross rent
$42.0K $28.20/SF
− Vacancy
−$11.5K −$7.70/SF
EGI
$30.5K $20.50/SF
− OpEx
−$7.6K −$5.13/SF
NOI
$22.9K $15.38/SF
Area
Stamford, CT
Vacancy
27.30%
Lease Rate
$28.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$457,600
Cap Rate 7%
$326,857
Cap Rate 9%
$254,222
Alternative Uses
Best Use
Office B
$326.9K
$286.0K – $381.3K
NOI $22,880 @ 7.0% cap · market cap 4,585.17%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$538.0K
$470.8K – $627.7K
NOI $37,662 @ 7.0% cap · market cap 7,547.49%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
935
Businesses Nearby
Explore this area
Business Placement
Demographics for 06906, CT
9,902
Population
3,727
Households
2.7
Avg Household Size
38
Median Age
47%
College-Educated
80%
High-School Grad
1.3 sq mi
ZIP Area
7,617
Density / Sq Mi
$91,710
Median Household Income
$45,518
Median Earnings
$2,207
Median Rent
$576,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - The property offers access to I-95, the Merritt Parkway, and Glen Brook Train Station.
Where is this office unit located?
The property is located at 43 Crescent St Unit 20 Stamford, CT.
What are key features of this property?
This property features: 1,488‑square‑foot office unit; Flexible floor plan; Steps from Glen Brook Train Station
