83-87 Stillwater Ave
Stamford, CT 06902
Retail Property For Sale

NRES is pleased to offer this portfolio for sale for the first time in over 40 years.
This rare Stamford investment opportunity features two well-maintained, stand-alone multifamily buildings located in the heart of Stamford’s West Side neighborhood — a rapidly growing area known for its strong rental demand, walkable amenities, and proximity to Downtown Stamford, I-95, and the Stamford Transportation Center.
The portfolio consists of a total of 14 units, including 12 residential apartments and 2 ground-floor commercial spaces, offering a balanced income mix and long-term stability. The residential units are a combination of one- and two-bedroom layouts, providing flexible options for both families and professionals alike.
Both properties have been exceptionally well cared for, with consistent occupancy and stable tenancy, reflecting pride of ownership over several decades. With current rents significantly below market levels, the portfolio presents a tremendous value-add opportunity through modernization and rent realignment.
The West Side of Stamford continues to see robust rental growth driven by its convenient location, cultural diversity, and ongoing neighborhood revitalization. Just minutes from Mill River Park, the Stamford Hospital Campus, and the vibrant Downtown core, this area attracts a steady stream of renters seeking quality housing at competitive rates.
Whether held as a stable, income-producing asset or repositioned to capture full market rents, this offering represents a rare generational investment in one of Stamford’s most promising and resilient submarkets.