240 Greenwich AveGreenwich, CT 06830
- Mixed-use properties
- 36,926 SF
Property Details for 240 Greenwich Ave
- Year built
- 1968
- Construction
- STEEL FRAME
- Lot size
- 1.33 AC
- Property size (Sq ft)
- 36,926 SF
- Zone code
- CGBR
- Property type
- Mixed-use properties
- Property subtype
- Other investment properties
- APN
- GREE M:01 B:2124/S
- APU
- GREEM01B2124S
Description
This exceptional Class A office space, located at 240 Greenwich Avenue in the heart of Greenwich's Central Business District (CBD), Fairfield County, offers a unique and sophisticated work environment. The property consists of two buildings, each three stories high, totaling 27,689 square feet. Currently, one contiguous space of 10,615 square feet is available for lease within this multiple-tenancy building. Built in 1975 and extensively renovated in 2020, the property boasts impressive features including 30-foot ceiling heights and a stunning domed ceiling in the main space. The recent renovation encompassed a complete overhaul of the entrance, lobby, elevators, restrooms, and mechanical and fire alarm systems. The building's prime location offers direct access to Greenwich Avenue, placing tenants steps away from a vibrant array of retailers and restaurants. Convenient access to the Greenwich Train Station is also a key advantage. The property is zoned CGBR and features modern elevators. This is an unparalleled opportunity to secure a prestigious office space in one of Greenwich's most desirable locations. The property's APN is GREE-000001-000000-002124-S000000.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $6,104,971
- 6.5%
- $5,635,358
- 7%
- $5,232,832
-
Comparable approach
- Method
- Valuation
- Relative Method
- $4,824,751
- Geo Method
- $4,824,751
-
Alternative Use
- Use
- Valuation
- Residential
- $6,987,844
- Hospitality
- $6,400,827
- Educational
- $5,325,413
- Medical
- $5,508,562
- Retail
- $8,283,976
Location Insight
- City
- Greenwich
- County
- Fairfield
- State
- Connecticut
- Latitude
- 41.0266
- Longitude
- -73.627
- CBSA code
- 14860
- CBSA name
- BRIDGEPORT-STAMFORD-NORWALK, CT METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].