40 STILLWATER AVENUE
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Location
40 STILLWATER AVENUE
Mblu
001/ 6517/ / /
Acct#
001-6517
Owner
MARTIN LUTHER KING JR APARTMENTS LLC
Total Market Value
$16,761,910
Appraisal
$23,945,580
PID
5849
Building Count
1
Legal Description
District
:
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2025$22,163,880$1,781,700$23,945,580
Assessment
Valuation YearImprovementsLandTotal
2025$15,514,720$1,247,190$16,761,910

Owner of Record
OwnerMARTIN LUTHER KING JR APARTMENTS LLC
Co-Owner
Address76 PROGRESS DRIVE SUITE 140
STAMFORD, CT 06902
Sale Price$213,000
Book & Page 7863/0299
Sale Date12/13/2004
Instrument25

Ownership History
Ownership History
OwnerSale PriceBook & PageInstrumentSale Date
MARTIN LUTHER KING JR APARTMENTS LLC$213,0007863/02992512/13/2004
NEW NEIGHBORHOODS INC$01197/00942501/04/1971

Building Information
Building 1 : Section 1
Year Built: 1971
Living Area: 106,444
Building Attributes
FieldDescription
Style:Apt High Rise
ModelComm/Ind
GradeC+
Stories: 
Occupancy88.00
Exterior Wall 1Brick/Masonry
Exterior Wall 2 
Roof StructureFlat
Roof CoverT&G/Rubber
Interior Wall 1Drywall/Plaste
Interior Wall 2 
Interior Floor 1Carpet
Interior Floor 2 
Heating FuelGas/LP
Heating TypeHot Wtr Bbd
AC TypeNone
Bldg UseApartment MDL-94
Total Rooms 
Total Bedrms176
Total Baths90
1st Floor Use:800C
Heat/ACNone
Frame TypeMasonry
Baths/PlumbingAverage
Ceiling/WallCeil & Wall
Rooms/PrtnsAverage
Wall Height8.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
FUSUpper Story, Finished 90,068 90,068
BASFirst Floor 8,188 8,188
FLLFinished Lower Level 8,188 8,188
   106,444 106,444

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
EL2Elev Pass13.00 STOPS$663,0001
RP2Porch Coverd1320.00 S.F$39,2701
RP2Porch Coverd1320.00 S.F$39,2701
RP2Porch Coverd1440.00 S.F$42,8401
RP2Porch Coverd1320.00 S.F$39,2701
EL2Elev Pass13.00 STOPS$663,0001
SPR1Sprinklers - Wet106444.00 S.F.$244,2901

Land
Land Use
Use Code800C
DescriptionApartment MDL-94  
ZoneRMF
Neighborhood0300
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)1.25
Depth
Total Market Land$1,247,190
Appraised Value$1,781,700

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
LP4Pavng Asphlt  33000.00 S.F$42,0801
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2024$22,163,880$1,781,700$23,945,580
2023$22,163,880$1,781,700$23,945,580
2022$20,862,600$1,781,700$22,644,300

Assessment
Valuation YearImprovementsLandTotal
2024$15,514,720$1,247,190$16,761,910
2023$15,514,720$1,247,190$16,761,910
2022$14,603,810$1,247,190$15,851,000

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