This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

6 N Water St

2,254 SF 100% Leased Retail Building Greenwich, CT 06830 £1,954,169 (£867/SF) 4.41% Net Initial Yield

Executive Summary

Prime commercial building in downtown Byram, Brooklyn-like area of Greenwich. Currently a lucrative laundry business with a general laundry and area and a separate wash and fold. The lower level is more storage with a separate access. Plans available for an updated and expanded retail space and four, one bedroom luxury residential rentals. Unique opportunity in a developing and appreciating area of Greenwich.

Financial Summary (Actual - 2024)

Annual Annual Per SF
Gross Rental Income £96,711 £42.91
Other Income - -
Vacancy Loss - -
Effective Gross Income £96,711 £42.91
Taxes £7,137 £3.17
Operating Expenses £3,443 £1.53
Total Expenses £10,580 £4.69
Net Operating Income £86,131 £38.21

Financial Summary (Actual - 2024)

Gross Rental Income
Annual £96,711
Annual Per SF £42.91
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual £96,711
Annual Per SF £42.91
Taxes
Annual £7,137
Annual Per SF £3.17
Operating Expenses
Annual £3,443
Annual Per SF £1.53
Total Expenses
Annual £10,580
Annual Per SF £4.69
Net Operating Income
Annual £86,131
Annual Per SF £38.21

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,254 SF
Building Class
B
Year Built/Renovated
1920/2003
Price
£1,954,169
Price Per SF
£867
Net Initial Yield
4.41%
NOI
£86,131
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.45
Lot Size
0.11 AC
Zoning
LBR-2
Parking
7 Spaces (3.11 Spaces per 1,000 SF Leased)
Frontage
117 ft on N Water St
Walk Score ®
Walker's Paradise (91)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Taylor Rental
BankUnited
Bartaco
Fit Body Boot Camp
Chase Bank
Crunch
Noches De Colombia
Stop & Shop Supermarkets
CrossFit
LA Fitness

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
GREE-000004-000000-001483-S000000
Land Assessment
£171,161
Improvements Assessment
£426,725
Total Assessment
£597,886
Annual Taxes
£7,137 (£3.17/sf)
Tax Year
2024
  • Listing ID: 34153283

  • Date on Market: 10/12/2024

  • Last Updated:

  • Address: 6 N Water St, Greenwich, CT 06830

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}