15 Bank StStamford, CT 06901

Property Details for 15 Bank St

Year built

1939

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.29 AC

Property size (Sq ft)

49,832 SF

Zone code

CCN

Property type

Other commercial real estate

Property subtype

Showrooms

APN

STAM M:002 B:8554

APU

STAMM002B8554

Description

This exceptional office space, located at 15 Bank Street in the heart of downtown Stamford, Connecticut, offers a unique opportunity for businesses seeking a prestigious address. The building, a classic 5-story structure built in 1930, boasts a total of 54,094 square feet and is classified as Class B. Currently, a single, sizable space of 5,286 square feet is available for lease. The property's "Executive Office" and "Traditional Office" subtypes cater to a variety of business needs. Its prime downtown location provides unparalleled convenience, with easy walking access to a vibrant array of restaurants and shops. The building features multiple tenancies, creating a dynamic and diverse work environment. The address is 15 Bank Street, Stamford, CT 06901. This property presents a compelling opportunity to establish a presence in a thriving Connecticut city center. The building's classic architecture blends seamlessly with the modern amenities expected in a contemporary workspace. The available space is ideal for businesses seeking a substantial and well-located office in a bustling urban setting. The 5,286 square foot space offers ample room for growth and expansion. This is a rare opportunity to secure a significant presence in a highly desirable Stamford location.

• CAP approach

  CAP return

  Valuation

  6%

  $12,110,916

  6.5%

  $11,179,307

  7%

  $10,380,785

• Comparable approach

  Method

  Valuation

  Relative Method

  $16,407,844

  Geo Method

  $16,407,844

• Alternative Use

  Use

  Valuation

  Residential

  $9,430,163

  Hospitality

  $8,637,979

  Educational

  $7,186,697

  Medical

  $7,433,858

  Retail

  $11,179,307

Location Insight

City

Stamford

County

Fairfield

State

Connecticut

Latitude

41.0527

Longitude

-73.5406

CBSA code

14860

CBSA name

BRIDGEPORT-STAMFORD-NORWALK, CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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