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    161 Cherry St New Canaan, CT 06840
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    Property profile & analytics

    161 Cherry St, New Canaan, CT 06840

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    • Office buildings
    • 10,496 SF
    • 0.45 lot acres
    Downtown New Canaan Office Space For Lease
    $1,550,000
    1,357 SF

    Downtown New Canaan Office Space

    Three-story office building in downtown New Canaan for rent.

    161 Cherry St, New Canaan, CT
    View Listing
    Property ID
    US15-0593392
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Ivey Barnum & O'Mara LLC / Law Firm
    • New Canaan News Review / (Bike/Boat/Book/etc) Store / Newspaper & Magazine
    • Klein Neil C MD / Physician
    • Stamford Health Medical Group New Canaan Draw Station / Medical Clinic
    • Internal Medicine-New Canaan / Medical Clinic

    Property Details for 161 Cherry St

    Year built
    1978
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.45 lot acres
    Zone code
    BUSA
    Property type
    Office buildings
    APN
    NCAN M:000T B:072 L:00744
    APU
    NCANM000TB072L00744

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Nov 3, 2017 — Sotheby Chung Chung,ray Warranty Deed · related —

    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,606,000
      Market price range: $1.05M - $2.70M
      AI Estimate
      $1,497,000
      Market price range: $823k - $2.66M
    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $1,830,000
      Current use
      AUTO REPAIR, GARAGE
      $2,450,000
      Change: +34% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $2,445,000
      Change: +34% Conversion: Easy
      RETAIL STORES
      $1,950,000
      Change: +7% Conversion: Moderate
      APARTMENT HOUSE (5+ UNITS)
      $1,665,000
      Change: -9% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    New Canaan
    County
    Fairfield
    State
    Connecticut
    Longitude
    -73.4901
    Latitude
    41.1487
    CBSA code
    14860
    CBSA name
    BRIDGEPORT-STAMFORD-NORWALK, CT METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $62,693
    $1,811,600
    $1,498,490
    $3,310,090
    -
    $0.00
    $0.00
    $0.00
    View Listing
    More about this property
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