37 Arch Street

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37 Arch Street

Greenwich, CT 06830
Asking Price
$3.60M
Asset Type
Traditional Office Office
Class
Class B

What's Special

Rare Downtown Greenwich Opportunity | 8 Parking Spaces | 2 Garages | Walk to Train <ul><li>​Rare opportunity to own a boutique commercial building in downtown Greenwich</li><li>​Two doors from Greenwich Avenue and moments from Metro-North train station</li><li>​Charming Federal-style property, circa 1815</li><li>​Approximately 3,090 SF on oversized 8,158 SF lot</li><li>​Strong in-place tenancy</li><li>​8 on-site outdoor parking spaces plus 2 garage spaces - exceptionally rare for downtown Greenwich</li><li>​Current tenant leases include 90-day vacate clauses for future owner-u

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NOI
$80,000
Cap Rate
2.22%
DSCR
0.37
Underwater
Cash-on-Cash
-12.38%
Monthly Payment
$17,810.836
Annual Cash Flow
$-133,730.029

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