Technical
Financial
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Property profile

52 Brookside Dr Greenwich, CT 06830

OFF-MARKET
Residential income homes
Property ID
US15-0209771
6,140 SF 0.38 ac lot Built 2016
Entity Owned 5-yr Hold
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Property summary

AI-generated overview

This exceptional investment opportunity presents a four-unit, Class A apartment building in the heart of Greenwich, CT. Built in 2016, this property boasts 7,800 square feet across three stories on a 0.38-acre lot, with each unit offering approximately 1,950 square feet of luxurious living space. The units feature two bedrooms, a den (convertible to office or nursery), two and a half baths, hardwood floors, 9-foot ceilings, gourmet kitchens with stainless steel appliances and quartz countertops, gas fireplaces, in-unit laundry, and a two-car garage. Currently operating at 100% occupancy, this property benefits from consistent rent growth and limited turnover, appealing to a wide demographic of tenants. Its prime location offers unparalleled convenience, situated within a ten-minute walk of Greenwich Avenue, known for its upscale shopping and dining, and also within walking distance of a supermarket, library, and other amenities. Excellent regional connectivity is ensured by proximity to the Greenwich Metro-North Train Station (45-minute express ride to Grand Central Terminal) and Interstate 95 (Exit 3). The permitted zoning is GB. This is a rare opportunity to acquire a high-performing, luxury multifamily property in one of Connecticut's most desirable locations. The asking price is $5,650,000.

Property profile

Verified
Property type Residential income homes
Use group APARTMENT HOUSE (UNDER 5 UNITS)
Year built 2016
Construction FRAME
Total area 6,140 SF
Lot 0.38 ac (16,553 SF)
Zoning code GB
APN GREE M:01 B:1237/S
UPID US15-0209771

Cap rate & NOI

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

Location

52 Brookside Dr Greenwich, CT 06830-2817
Greenwich metro Census 10500 BRIDGEPORT-STAMFORD-NORWALK, CT METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$435k
CAP Approach CAP
by Request
Comparable Approach Comparable
$715k
Blend (final) Blend
$575k

Owner & transaction history

since 2021
6 recorded transactions
2021
Price N/A
2017
Price N/A
2012
Price N/A
2009
Price N/A
2005
Price N/A
2003
Price N/A

Zoning & alternative use

GB · Greenwich, CT
Zoning description

zones of the CGBR and LBR zones, but are allowed in the LB, CGB, GB and GBO zones subject to site plan and special permit approvals, and licensing from the state. Animal Grooming facilities are not permitted in the CGBR…

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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