Investment Overview

Marcus & Millichap is pleased to present the Harbor Point Portfolio in Stamford, Connecticut — a 100% market-rate, value-add portfolio located in one of the most sought-after locations in the New York metropolitan area. This portfolio is being marketed exclusively as a package and offers on individual properties will not be considered. Located within the Harbor Point district, the properties sit amidst one of the most significant mixed-use redevelopment efforts in the Northeast. Over the past two decades, Harbor Point has transformed Stamford’s South End into a premier waterfront destination featuring thousands of newly delivered apartment units, Class A office space, restaurants, retail, and entertainment venues. All locations provide immediate walkability (average walk score of 89) to the Stamford Transportation Center, offering convenient Metro-North access to New York City, and downtown Stamford. The portfolio consists of 30 apartment units and 7 garages along Connecticut’s prestigious “Gold Coast.” • 18 Pulaski Street – 12 two-bedroom apartments originally constructed in 1928 along with 0 Berkeley Street – parking lot adjacent to 18 Pulaski Street - 7 garages and 8surface spaces • 791 Atlantic Street – 12 two-bedroom apartments originally constructed in 1907 • 64 Garden Street – 6 three-bedroom apartments originally constructed in 1900 A review of the submarket suggests that in-place average rents remain below market levels. Pragmatic unit renovations, combined with common area enhancements, and improved operational focus, should harvest rent upside of ±15% to 20% above current in-place average rents. Units across the portfolio have been renovated on an as-needed basis over the past several years, with upgrades including new flooring, stainless steel appliances, granite countertops, and updated bathrooms. Tenants are generally responsible for all utilities – summarized as follows: • 18 Pulaski Street – Tenants are responsible for individually metered electricity and gas-fired baseboard heat. Owner provides central gas-fired hot water • 791 Atlantic Street – Tenants are responsible for individually metered electricity, gas-fired forced air heating, and central A/C • 64 Garden Street – Tenants are responsible for individually metered electricity and gas-fired baseboard heating Stamford is regarded as one of the most desirable markets north of New York City, known for its vibrant entertainment scene, global corporate headquarters across various industries, easy access to transit and recreation, and a growing, affluent, and highly educated population. The Harbor Point Portfolio presents a compelling opportunity for a new owner to establish a strong presence in one of the most highly sought-after markets in the New York Metropolitan area.