18 Harper St Stamford, NY 12167
This exceptional commercial property, located at 18 Harper Street in the vibrant Village of Stamford, New York (zip code 12167), presents a compelling investment opportunity. The 7,363 square foot property sits on a 5,662 square foot lot. Currently, the property is fully occupied by six tenants, all of whom are responsible for their own utilities, minimizing landlord responsibilities and maximizing passive income. Recent upgrades include a new roof and foundation work, ensuring the property's long-term structural integrity. The units themselves have been updated with new kitchens, fresh paint, new flooring, and modern appliances. On-site parking is available for tenants and patrons. The property's prime location offers easy access to major employment centers and is within walking distance of Stamford's main street businesses, ensuring high visibility and consistent tenant demand. This income-producing property offers a reliable cash flow and significant long-term growth potential, making it an ideal investment for discerning buyers seeking a stable and profitable venture in a thriving New York community. The property is zoned for commercial use.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.