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    Downtown Stamford Office Suite Title is generated by Realmo AI

    99 Prospect St 1B, Stamford, CT 06901

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    For Sale
    $425,000

    Versatile office suite in a desirable downtown location.

    Type:Commercial
    Property size:
    1,750 SF
    Price / SF:
    $242/SF
    Added:
    Apr 24, 2026
    Days on Market:
    55
    Last Refresh:
    Apr 24 at 4:27 pm

    Property Features for 99 Prospect St 1B

    General Information

    Standard status
    Active
    Size
    1,750 SF
    Property subtype
    Commercial

    Building Details

    Year Built
    1965

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    Listing Contact
    Tony Persaud

    Listing agent Tony Persaud

    Listing office KW Legacy Partners

    Listing date Apr 24, 2026

    Source Elliman

    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 KW Legacy Partners

    HighLights

    • Prime downtown Stamford location with exceptional walkability (Walk Score: 87) and easy access to restaurants, shops, and public transportation.
    • Versatile 1,750 sq ft ground‑level office suite with multiple private offices, open work areas, and flexible spaces.
    • Professional reception area and bright workspace with large windows and natural light.
    • Includes a dedicated kitchenette and private restroom for convenience.
    • HOA fee includes heat and hot water.
    • Well‑maintained brick building with a strong presence.

    Overview

    Located at 99 Prospect Street Unit 1B in downtown Stamford, this office suite offers approximately 1,750 square feet of workspace. The ground-level unit features a reception area, multiple private offices, open work areas, and flexible spaces suitable for various professional uses. Large windows provide natural light, complementing the interior finishes. A dedicated kitchenette and private restroom are included. The layout supports both collaborative and private work settings. Situated in a well-maintained brick building, the unit benefits from a desirable downtown location with walkability and access to local restaurants, shops, and public transportation. The HOA monthly fee covers heat and hot water. The location has a walk score of 87, indicating it is very walkable, a transit score of 60, indicating good transit options, and a bike score of 48, indicating it is somewhat bikeable.

    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 $49.4k $28.20
    − Vacancy −$13.5k −$7.70
    EGI $35.9k $20.50
    − OpEx −$9.0k −$5.13
    NOI $26.9k $15.38
    1,750 SF · lease $28.20/SF/yr · vacancy 27.30% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $384.4K
    $336.4K – $448.5K (±1% cap)
    NOI $26,908 @ 7.0% cap · market cap 6.33%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $632.8K
    $553.7K – $738.2K (±1% cap)
    NOI $44,293 @ 7.0% cap · market cap 10.42%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    John M. Glover ... Insurance Agency MAKAR DENTAL Dental Office Dent Plus Family ... Dental Office Dent Plus Family ... Dental Office Best Dental Smiles Dental Office

    Suggested Use

    Restaurant Law Firm Real Estate Agency Spa & Massage Center Hair Salon Dental Office Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Stamford
    County
    Fairfield
    State
    Connecticut
    Longitude
    -73.5352707
    Latitude
    41.0588718

    FAQs

    What type of property is this?
    Office units - Versatile office suite in a desirable downtown location.
    Where is this office units located?
    The property is located at 99 Prospect St 1B Stamford, CT.
    What is the asking price?
    The asking price for this property is $425,000.
    What are key features of this property?
    This property features: Prime downtown Stamford location with exceptional walkability (Walk Score: 87) and easy access to restaurants, shops, and public transportation.; Versatile 1,750 sq ft ground‑level office suite with multiple private offices, open work areas, and flexible spaces.; Professional reception area and bright workspace with large windows and natural light.
    More about this property
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