72 Park St, Unit 107 New Canaan, CT 06840
Property Lookup
Property profile & analytics
72 Park St, Unit 107 New Canaan, CT 06840
- Office buildings
- 6,384 SF
- 0.20 lot acres
Property ID
US15-0650034
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Dr. Lawrence Bass / Dental Office
- Studio Elan - Hair Salon New Canaan CT. / Hair Salon
- Taylor McKay / Accounting Firm / Tax Preparation
- C & C Awards, Inc / Advertising Agency / Marketing & Advertising
- Park St. Dental - Louise Sarabia DDS / Dental Office
Property Details for 72 Park St
- Year built
- 1953
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.20 lot acres
- Property size
- 6,384 SF
- Zone code
- RETA
- Property type
- Office buildings
- APN
- NCAN M:000T B:043 L:00829
- APU
- NCANM000TB043L00829
Description
This exceptional mixed-use property at 72 Park Street in New Canaan, Connecticut, presents a compelling investment opportunity. The 10,298 square foot building, constructed in 1950, is classified as Class B and features a desirable Traditional Office subtype within a Retail A zoning district. Currently housing fourteen tenants, many of whom have enjoyed long-term occupancy (20+ years), this building offers a stable income stream. The asking price is $3,600,000, translating to $349.58 per square foot. The property includes a private parking lot with seven spaces, and benefits from its proximity to a municipal parking lot and a highly convenient location directly across from the train station and just 100 feet from a Starbucks. The 0.2-acre lot allows for potential expansion, with possibilities for building additions to the front, back, and upward. Furthermore, the property's zoning allows for the possibility of conversion to residential use, offering significant future development potential. The lease type is Net, and the building boasts a blend of office and retail spaces, catering to a diverse tenant base. This property represents a rare opportunity to acquire a well-located, income-producing asset with significant upside potential in a thriving Connecticut community.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- New Canaan
- County
- Fairfield
- State
- Connecticut
- Longitude
- -73.495
- Latitude
- 41.147
- CBSA code
- 14860
- CBSA name
- BRIDGEPORT-STAMFORD-NORWALK, CT METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$47,120
$1,292,060
$1,195,810
$2,487,870
-
$0.00
$0.00
$0.00
