383 Greenwich Ave - Apartments FOR SALE


Greenwich, CT 06830- Downtown Greenwich
$4,500,000 USD
203-486-9040
383 Greenwich Ave, Greenwich, CT for Sale
$4,500,000 USD
Apartments - FOR SALE
1/12
null | Request Cap Rate

383 Greenwich Ave
Greenwich, CT 06830
Downtown Greenwich


HIGHLIGHTS

  • Downtown Greenwich Trophy Location
  • Value-Add Potential
  • Greenwich Train Station Revitalization
  • Superior Demographics

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the mixed-use investment property located at 383 Greenwich Avenue in Greenwich, Connecticut (the “Property”). The Property contains eight (8) total units consisting of two (2) commercial units and six (6) residential units in a three-story brick building located on the lower half of prestigious Greenwich Avenue, the premier, luxury roadway in the affluent town of Greenwich. 383 Greenwich Avenue is a 7,827 square foot mixed-use building featuring two retail spaces and six apartments. St. Moritz Pastry Shop occupies both the first floor and second floor commercial spaces and has been at this location since the 1960’s. They have a month-to-month lease. The six residential units are comprised of two (2), 1-Bedroom/1-Bathroom units, three (3), 2-Bedroom/1-Bathroom units, and one (1) Studio unit.

FOR SALE DETAILS

PRICE

$4,500,000 USD

PRICE/SF

$601 USD /SF

# OF UNITS

8

PRICE/UNIT

$562,500

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1910

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,049 SF

ZONING

CGBR

APN/PARCEL ID

GREE-000001-000000-001661-S000000

ASK ABOUT THIS PROPERTY

Stavros FilippidisHorvath & TremblayMore Info
203-486-9040

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Stavros FilippidisHorvath & TremblayMore Info
203-486-9040

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.