90 Grv St, Ridgefield, CT 06877-4114
- Commercial land
- 3.01 lot acres
Current Use by Public Records
- The Law Offices of Eric R. Posmantier, LLC / Law Firm
- Fincham Downs LLC / Law Firm
- Votre & Associates, P.C. / Law Firm
- OlleyMay / Advertising Agency / Marketing & Advertising
- Einzig Mark L DDS / Dental Office
Property Details for 90 Grv St
- Lot size
- 3.01 lot acres
- Zone code
- B-3
- Property type
- Commercial land
- APN
- RIDG M:E14 B:1011
- APU
- RIDGME14B1011
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Mar 18, 2026 | $402,875 | 90 Grove St Suite 1 LLC | Southridge Holdings LLC | Warranty Deed | $403k · Southridge Hldg LLC |
| Mar 10, 2026 | $1,450,000 | Little Pond Rdgfield LLC | Southridge Holdings LLC | Warranty Deed | $800k · Union Savings Bank |
| Apr 18, 2024 | $195,000 | Cheneraie LLC | 90 Grove Street Loan LLC | Warranty Deed | — |
| Aug 7, 2023 | $150,000 | Crown Realty LLC | Richard C Szentkuti | Warranty Deed | $130k · Richard Szentkuti |
| Mar 31, 2022 | — | Southridge Holdings LLC | — | Deed · related | $6.4M · Us Securit |
| Jul 27, 2021 | — | Ridgefield Grove St LLC | Orthopedic Rlty Assoc LLC | Warranty Deed | $200k · Union Savings Bank |
| Apr 9, 2021 | — | Crown Realty LLC | Mark L Einzig | Warranty Deed | $296k · M & T Bank |
| Nov 20, 2020 | — | Office Of Ridgefield LLC | — | Deed · related | $140k · Td Bank NA |
| Oct 31, 2019 | $180,000 | Ithilien LLC | Cheryl A Croce | Warranty Deed | $100k · Fairfield County Bank |
| Jan 28, 2019 | — | Executive Pavillion 111 | Dinapoli,spray T | Quitclaim Deed · related | — |
| Feb 7, 2017 | $152,500 | Kidogo Kidani LLC | 90 Grove Street LLC | Warranty Deed | $122k · Fairfield County Bank |
| May 13, 2016 | $149,782 | Malcolm Mccluskey | Szentkuti,richard C | Grant Deed | — |
Description
This exceptional investment opportunity presents a stabilized portfolio of thirteen Class A office condos located at 90 Grove Street, Ridgefield, Connecticut, 06877. The property encompasses 23,735 square feet across a three-story building on a three-acre lot, built in 1986 and boasting a 95% occupancy rate. The portfolio features a diverse tenancy of thirteen units, including notable tenants such as Morgan Stanley, Ridgefield Ophthalmology, Rowantree Law Group, and Quest Diagnostics. The asking price is $3,795,000, representing a price per square foot of $159.89 and a price per unit of $291,923.08. The property generates a substantial net operating income (NOI) of $268,473, yielding a 7.07% cap rate. The building is zoned B-3 and includes 300 parking spaces. Amenities include a welcoming lobby with a digital directory, a fitness center, and a shared conference room. Its prime location offers convenient access to I-84, Route 7, and I-684, providing excellent regional accessibility. The gross lease structure minimizes management responsibilities, making this a low-maintenance, high-return investment. This portfolio offers a stable income stream from high-quality tenants, making it an attractive addition to any real estate portfolio. The building is the only one in town with a shared conference room and fitness center. The lobby features floor-to-ceiling marble, a guest seating area, and shared common restrooms.
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Location Insight
- Map
- Local Demand
- City
- Ridgefield
- County
- Fairfield
- State
- Connecticut
- Longitude
- -73.4958
- Latitude
- 41.2894
- CBSA code
- 14860
- CBSA name
- BRIDGEPORT-STAMFORD-NORWALK, CT METROPOLITAN STATISTICAL AREA
