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Three-Unit Triplex
New
For Sale
$879,000

68 Victory, Stamford, CT 06902

The residence dates to 1963 and is offered in as-is condition.

Property Size1,963 SF
Price / SF$232.54
Days on Market7

Property Features for 68 Victory

General Information

Standard status Active
Size 1,963 SF
Property subtype 3 Family
Lease Term Listing ID: 24211268, Standard Status: Active, MLS Status: Active, Property Subtype: 3 Family

Additional Details

Public Transit Yes
Multifamily Units 3

Building Details

Building Size 1,963 SF
Year Built 1963
Listing Agency: Brown Harris Stevens
Listed By: David Campana · License #RES.0766850
Source: Iverty
Added: Oct 9 Changed: Oct 13 Last Checked: Oct 12 at 7:00PM

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 Brown Harris Stevens

Investment Insights

Based on property information with market context.

Built in 1963, this three-family property is offered for sale in as-is condition. The same family has owned it since construction.

At 68 Victory St in Stamford, the property has a Walk Score of 96, a Bike Score of 75, and a Transit Score of 73.

Key Highlights

  • Three‑family property built in 1963
  • Owned by one family since construction
  • Walk Score: 96; Bike Score: 75; Transit Score: 73

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$72,736
Cap Rate
8.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,454,720 $1.5M
Cap Rate 7%
$1,039,086 $1.0M
Cap Rate 9%
$808,178 $808.2K
Market Conditions
NOI Build-Up for 3,780 SF
Gross rent
$111.1K $29.40/SF
− Vacancy
−$7.2K −$1.91/SF
EGI
$103.9K $27.49/SF
− OpEx
−$31.2K −$8.25/SF
NOI
$72.7K $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%
$1,454,720
Cap Rate 7%
$1,039,086
Cap Rate 9%
$808,178

Alternative Uses

Best Use
Multifamily LT 5
$1.04M
$909.2K – $1.21M (±1% cap)
NOI $72,736 @ 7.0% cap · market cap 8.27%
Second Best
Apartment 5plus
$929.4K
$813.2K – $1.08M (±1% cap)
NOI $65,055 @ 7.0% cap · market cap 7.40%
Theoretical Best
Office A
$1.37M
$1.20M – $1.59M (±1% cap)
NOI $95,673 @ 7.0% cap · market cap 10.88%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Daniel's Painting Painting Service

Suggested Use

Top Pick Butcher Tanning Salon Florist Nursing Home Clothing & Fashion Store Bed & Breakfast

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

2,041
Businesses Nearby

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

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - The residence dates to 1963 and is offered in as-is condition.
Where is this triplex located?
The property is located at 68 Victory Stamford, CT.
What is the asking price?
The asking price for this property is $879,000.
What are key features of this property?
This property features: Three‑family property built in 1963; Owned by one family since construction; Walk Score: 96; Bike Score: 75; Transit Score: 73
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