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Property profile & analytics
FOR LEASE
Office buildings

500 Putnam Ave 400 Greenwich, CT 06831

117,252 SF 4.15 ac lot Built 1973
Individually Owned 9-yr Hold Free & Clear
Property ID
US15-0208747
Property summary
AI-generated overview

This Class A, 14,160 square foot office building in Greenwich, Connecticut, offers a variety of flexible workspace solutions. Located at 500 West Putnam Avenue, this four-story building, renovated in 2019, boasts attractive landscaped grounds and is conveniently situated on Route 1, less than an hour from New York City. The property features 350 suites, with a current vacancy of 5,970 square feet, offering spaces ranging from 10 square feet minimum to a maximum contiguous space of 1,300 square feet. Ideal for startups, growing businesses, and established companies, the building provides various options including private, fully furnished and equipped offices, customizable spaces, disaster recovery solutions, and day offices. Amenities include elevators and access to a benefits program with exclusive discounts and procurement support. The building's prime location offers easy access to the charming commercial center of Greenwich and nearby restaurants such as Polpo and Little Thai Kitchen. This landmark building is home to billion-dollar hedge fund businesses, providing a prestigious address and networking opportunities. The property is in Fairfield County, Connecticut, zip code 06831.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1973
Construction STEEL FRAME
Total area 117,252 SF
Lot 4.15 ac (180,774 SF)
Zoning code GBO
APN GREE M:03 B:1729/S
UPID US15-0208747
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Chase Mortgage Loan Service Bank
  • Law Offices of Jeffrey Hellman Law Firm
  • IRSMedic: Parent & Parent LLP Law Firm
  • JOHN T. SHABAN Law Firm
  • Law offices of Hilary B. Miller Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$7.38M
Blend (final) Blend
$8.43M
Owner & transaction history
Irene Zelinsky · 9 yrs held
Irene Zelinsky
since 2017
6 recorded transactions
2018
Price N/A
2017
Price N/A
2016
Price N/A
2007
$56.0M
1998
$17.8M
1969
Price N/A
Zoning & alternative use
GBO · Greenwich, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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