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39 Lewis Street Greenwich, ...

CBRE Brokers Sell Mixed-Use Property In Greenwich, CT For $9.3M
SOLDMixed-use

CBRE Brokers Sell Mixed-Use Property In Greenwich, CT For $9.3M

39 Lewis Street Greenwich, Connecticut 06830, USA

$9,300,000

$544/SF

Building Size

17,081 SF

Asset Type

Mixed-use

Closing

Aug 21, 2023

AI

A mixed-use property located at 39 Lewis Street in Greenwich, CT has been sold for $9.3 million. The property boasts a 91% occupancy rate and spans 17,081 square feet. The sale price per square foot is $544.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $9,300,000
  • Address: 39 Lewis Street, Greenwich, CT
  • Market: Greenwich, CT

The sale was facilitated by CBRE, with brokers Daniel Blumenkrantz, Jeffrey Dunne, Steven Bardsley, and Travis Langer representing the parties involved in the transaction.

Players

Steven Bardsley

CBRE

Broker

$1.9B

vol

47 deals

Broker

Aberdeen Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.71%

Cash-on-Cash

-0.49%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93