400 Atlantic StStamford, CT 06901

Property Details for 400 Atlantic St

Year built

1980

Construction

STEEL FRAME

Lot size

4.24 AC

Property size (Sq ft)

453,955 SF

Zone code

CCN

Property type

Other commercial real estate

Property subtype

Showrooms

APN

STAM M:003 B:0554

APU

STAMM003B0554

Description

Located at 400 Atlantic Street in Stamford, Connecticut, this prestigious Class A office building offers 533,216 square feet of executive office space. Originally built in 1980 and extensively renovated in 2022, the 15-story building boasts 12 suites, with spaces ranging from 4,792 to 38,696 contiguous square feet. Currently, 389,282 square feet are available for lease. The property sits on a 4.24-acre lot and features a 12'2" ceiling height, 4,000 amp service switchboards, and multiple elevators. Conveniently located at the prime business intersection of Atlantic Street and Tresser Boulevard, it offers direct access to an 8-story parking garage with 908 spaces, and is steps away from the Stamford Transportation Center (Metro North & Amtrak) and I-95. Future amenities will include a grand lobby with bar/café and outdoor seating, a state-of-the-art fitness center, a marketplace cafeteria with outdoor terrace, and a Class A conference facility with seating for 100. This exceptional property presents a unique opportunity for businesses seeking a modern, well-appointed, and strategically located office space in Fairfield County.

• CAP approach

  CAP return

  Valuation

  6%

  $110,326,912

  6.5%

  $101,840,224

  7%

  $94,565,928

• Comparable approach

  Method

  Valuation

  Relative Method

  $149,470,672

  Geo Method

  $149,470,672

• Alternative Use

  Use

  Valuation

  Residential

  $85,906,040

  Hospitality

  $78,689,472

  Educational

  $65,468,716

  Medical

  $67,720,288

  Retail

  $101,840,224

Location Insight

City

Stamford

County

Fairfield

State

Connecticut

Latitude

41.0499

Longitude

-73.5389

CBSA code

14860

CBSA name

BRIDGEPORT-STAMFORD-NORWALK, CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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