Property profile

1 Fawcett Pl Greenwich, CT 06830

FOR LEASE
Investment properties
Property ID
US15-0864243
60,317 SF 0.63 ac lot Built 1946
Entity Owned 25-yr Hold
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Property summary

AI-generated overview

This exceptional Class A office building, located at 1 Fawcett Place in Greenwich, Connecticut, offers a variety of flexible spaces ideal for businesses seeking a prime location. Built in 1946 and extensively renovated in 2004, this four-story building boasts 81,000 square feet of total space, currently featuring two available suites ranging from 475 to 2,475 square feet. The building features a single structure with elevators for convenient access to all floors. Tenants enjoy a prestigious address, enhanced by an elegant lobby with manned security and concierge services, providing 24-hour video surveillance and 7-day-a-week security access. Off-street employee parking is available, a significant advantage in this desirable location. The building's amenities include eight offices, two conference rooms, and a large pantry, all complemented by a double glass entry. Its central Greenwich location offers easy access to a wealth of dining and retail options within walking distance, and is just one block from the Metro North Train Station, ensuring convenient commuting for employees. The building also benefits from notable co-tenants such as Morgan Stanley and Balyasny Asset Management, and even includes a SoulCycle studio within the building. This property presents a unique opportunity to establish a strong corporate presence in a highly sought-after Fairfield County location.

Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1946
Construction STEEL FRAME
Total area 60,317 SF
Lot 0.63 ac (27,443 SF)
Zoning code CGBR
APN GREE M:01 B:2267/S
UPID US15-0864243

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Financial Advisor
  • Financial Advisor
  • Insurance Agency
  • Corporate Office Financial Advisor
  • Financial Advisor

Location

1 Fawcett Pl Greenwich, CT 06830
Greenwich metro Census 10600 BRIDGEPORT-STAMFORD-NORWALK, CT METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$4.92M

Owner & transaction history

since 2001
6 recorded transactions
2017
Price N/A
2007
Price N/A
2003
Price N/A
2001
$22.6M
2001
Price N/A
1969
Price N/A

Zoning & alternative use

CGBR · Greenwich, CT
Zoning description

The emphasis of the CGBR zone is upon protection of ground floor space for compatible retail uses, and avoidance of a break in storefront continuity. Consequently, businesses in the zone are generally dependent upon pede…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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