Situated in the heart of downtown Stamford sits an enormous opportunity to reimagine this historic 1835 building once known to many as the Stamford Advocate office. The exterior showcases a limestone facade with neo-Italian Renaissance design, impressive columns, Roman arches, pediments, corbels, carved scrolling and hand crafted bronzework. The current owner has eliminated the dated interior and obsolete finishes while preserving character details, period brick and worthwhile features. An approved building permit is in place from the City of Stamford to build out the space for single tenant use as a white box in preparation for its next occupant. Plans include a significant rooftop entertaining space, tremendous vertical opening which distributes light beautifully throughout the building, focal point central stairs, elevator and even renderings for potential special features like a coffee/nosh bar, partitioned office spaces, a board room, gymnasium and more. Key among the highlights are: sought after central downtown location, historic architecture, large open spaces, 36 parking spaces inside 300 Atlantic Street Garage with direct garage access into 258 Atlantic Street. A brief walk will bring visitors from the Stamford Metro Station, or step out and venture to a number of nearby restaurants, offices, hotels, historic buildings and so much more. Come see this amazing opportunity!
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 | $2,800,000 | $2,800,000 | $2,800,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.750% | 6.500% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.844% | 6.597% | 6.158% |
Monthly Tax Payment | $1,985 | $1,985 | $1,985 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $16,340 | $17,698 | $23,628 |
Total Monthly Payment | $18,450 | $19,808 | $25,738 |
* 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.