Professional Medical Office
555 Newfield Avenue Stamford, CT 06905
555 Newfield Avenue, Stamford, CT, 06905
Contact for pricing
For Sale
Contact for pricing
Well-located office building with on-site parking and visibility along Newfield Avenue.
Property Size1,306 SF
Price / SF$382.08
Days on Market31
Property Features for 555 Newfield Avenue
General Information
- Standard status
- Active
- Size
- 1,306 SF
- Property subtype
- Office
Listing Agency
Newmark - Stamford
(203) 531-3622
Listed by
Tim Rorick · License #CT 0761363
Source
Crexi
Added: Jun 17 Checked: Jul 16 at 7:38 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 Newmark - Stamford
Investment Insights
Based on property information with market context.
555 Newfield Avenue is a professional medical and office property offering space for a variety of healthcare and professional users. The building is positioned as a professional setting within an established residential and medical corridor, designed to support day-to-day operations where client and patient access are important.
The property benefits from visibility along Newfield Avenue and offers convenient access to downtown Stamford, the Merritt Parkway, and surrounding Fairfield County communities. On-site parking is available for employees and visitors, supporting an accessible suburban office environment.
For healthcare and professional tenants or buyers seeking a building that can accommodate medical and office use, this property provides a practical combination of professional setting, roadway exposure, and on-site parking. Its mix of healthcare-oriented occupancy and general office compatibility may fit organizations looking for a convenient, patient- and client-friendly location within Stamford’s medical corridor.
The property benefits from visibility along Newfield Avenue and offers convenient access to downtown Stamford, the Merritt Parkway, and surrounding Fairfield County communities. On-site parking is available for employees and visitors, supporting an accessible suburban office environment.
For healthcare and professional tenants or buyers seeking a building that can accommodate medical and office use, this property provides a practical combination of professional setting, roadway exposure, and on-site parking. Its mix of healthcare-oriented occupancy and general office compatibility may fit organizations looking for a convenient, patient- and client-friendly location within Stamford’s medical corridor.
Key Highlights
- Professional and medical office property in Stamford’s Newfield neighborhood
- Convenient access to downtown Stamford, the Merritt Parkway, and Fairfield County communities
- Strong visibility along Newfield Avenue
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 | $36.8k | $28.20 |
| − Vacancy | −$10.1k | −$7.70 |
| EGI | $26.8k | $20.50 |
| − OpEx | −$6.7k | −$5.13 |
| NOI | $20.1k | $15.38 |
1,306 SF · lease $28.20/SF/yr · vacancy 27.30% · expense 25.00%
Alternative Uses
Best Use
Office B
$286.9K
$251.0K – $334.7K
NOI $20,081 @ 7.0% cap · market cap 4.02%
Second Best
Healthcare Medical
$281.7K
$246.5K – $328.7K
NOI $19,719 @ 7.0% cap · market cap 3.95%
Theoretical Best
Office A
$472.2K
$413.2K – $550.9K
NOI $33,055 @ 7.0% cap · market cap 6.62%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Cosmetic & Family Dentistry
Dental Office
Rachel A. Messinger DDS
Dental Office
Stamford Health Medical ...
Physician
Kavookjian Haik G ...
Physician
Kalindi Pandya DMD
Dental Office
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FAQs
What type of property is this?
Medical Office Space - Well-located office building with on-site parking and visibility along Newfield Avenue.
Where is this medical office space located?
The property is located at 555 Newfield Avenue Stamford, CT.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Professional and medical office property in Stamford’s Newfield neighborhood; Convenient access to downtown Stamford, the Merritt Parkway, and Fairfield County communities; Strong visibility along Newfield Avenue