500 Putnam AveGreenwich, CT 06831

Property Details for 500 Putnam Ave

Year built

1973

Construction

STEEL FRAME

Lot size

4.15 AC

Property size (Sq ft)

117,252 SF

Zone code

GBO

Property type

Office properties

Property subtype

Office buildings

APN

GREE M:03 B:1729/S

APU

GREEM03B1729S

Description

This Class A, 14,160 square foot office building in Greenwich, Connecticut, offers a variety of flexible workspace solutions. Located at 500 West Putnam Avenue, this four-story building, renovated in 2019, boasts attractive landscaped grounds and is conveniently situated on Route 1, less than an hour from New York City. The property features 350 suites, with a current vacancy of 5,970 square feet, offering spaces ranging from 10 square feet minimum to a maximum contiguous space of 1,300 square feet. Ideal for startups, growing businesses, and established companies, the building provides various options including private, fully furnished and equipped offices, customizable spaces, disaster recovery solutions, and day offices. Amenities include elevators and access to a benefits program with exclusive discounts and procurement support. The building's prime location offers easy access to the charming commercial center of Greenwich and nearby restaurants such as Polpo and Little Thai Kitchen. This landmark building is home to billion-dollar hedge fund businesses, providing a prestigious address and networking opportunities. The property is in Fairfield County, Connecticut, zip code 06831.

• CAP approach

  CAP return

  Valuation

  6%

  $19,385,258

  6.5%

  $17,894,084

  7%

  $16,615,935

• Comparable approach

  Method

  Valuation

  Relative Method

  $15,320,146

  Geo Method

  $15,320,146

• Alternative Use

  Use

  Valuation

  Residential

  $22,188,664

  Hospitality

  $20,324,698

  Educational

  $16,909,910

  Medical

  $17,491,468

  Retail

  $26,304,304

Location Insight

City

Greenwich

County

Fairfield

State

Connecticut

Latitude

41.0181

Longitude

-73.645

CBSA code

14860

CBSA name

BRIDGEPORT-STAMFORD-NORWALK, CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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].