1290 Summer Street, Stamford (Mid City), CT, 06905 | $6,300,000

Rare opportunity to own this Stamford Wellness/Medical/Surgical Pavilion on Summer Street in the heart of Downtown Stamford, CT. This well maintained building is 41, 153 square foot and 5 stories on . 80 acres of land on 2 lots (1290 Summer St/189 Franklin St). Strategically located just a mile from both Stamford Hospital and Stamford Health Tully Center with easy access from I-95 and the Merritt Parkway. Ample on-site covered parking is available with a total of 118 parking spaces (43 exterior spaces, 20 covered spaces and 55 in the parking garage below the building). Most of the rear of the property is dedicated to parking and is an excellent opportunity for additional development. There is vehicle access from both Franklin and Summer Streets. Please note there are flexible spaces available for lease (approx 17K sf) noted in related listing #170518748.

Features

  • Town: Stamford
  • Current Use: Medical/Wellness/Office
  • Permitted Use: Medical/Wellness/Office/Res
  • Utilities: Electric,Gas,Cable
  • Garage: Attached Garage,Covered Garage,Parking Lot
  • Parking: 118-car
  • Heating: Hot Air
  • Cooling: Central Air,Heat Pump
  • Units: 16
  • Zoning: MZN/CI
  • Frontage: Municipal Street,Paved Road
  • Year Built: 1981
  • Approx Sq. Feet: 42,181
  • Acreage: 0.8
  • Est. Taxes: $147,907
  • Lot Desc: Level Lot
  • MLS#: 170550302
  • Days on Market: 325 days
  • Website: https://www.raveis.com
    /prop/170550302/1290summerstreet_stamford_ct?source=qrflyer
Copyright © 2024  SmartMLS, Inc.
The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed.
Listing courtesy of William Pitt Sotheby's Int'l

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Joseph MollicaVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 130058

203.952.8600

Joseph.Mollica@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Alex FerroInsurance Sales Director, William Raveis Insurance

203.610.1536

Alex.Ferro@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

Ray CashenPresident, William Raveis Attorney Network

203.925.4590

For homebuyers and sellers, our Attorney Network:

  • Consult on purchase/sale and financing issues, reviews and prepares the sale agreement, fulfills lender
    requirements, sets up escrows and title insurance, coordinates closing documents
  • Offers one-stop shopping; to satisfy closing, title, and insurance needs in a single consolidated experience
  • Offers access to experienced closing attorneys at competitive rates
  • Streamlines the process as a direct result of the established synergies among the William Raveis Family of Companies

1290 Summer Street, Stamford (Mid City), CT, 06905

$6,300,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Joseph Mollica

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 203.952.8600

Joseph.Mollica@raveis.com

NMLS Mortgage Loan Originator ID 130058

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $5,040,000 $5,040,000 $5,040,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.125% 6.875% 6.500%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.430% 6.977% 6.664%
Monthly Tax Payment $12,326 $12,326 $12,326
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $30,624 $33,109 $43,904
Total Monthly Payment $43,075 $45,560 $56,355

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.