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232-236 Putnam Ave 13 Unit Apartment Building $4,500,000 ($346,154/Unit) Cos Cob, CT 06807



Investment Highlights
- Efficently sized mixed use building
- Private 10 car parking lot
- Prime location in Cos Cob
Executive Summary
232-238 E Putnam Ave presents a compelling mixed use investment opportunity in Greenwich, Connecticut, one of Fairfield County’s most established and supply-constrained markets. Comprising 9,824 square feet, the property is prominently positioned along East Putnam Avenue (Route 1), offering strong visibility, consistent foot traffic, and access to a dense residential and commercial trade area. The asset consists of four street-level retail units with nine residential apartments above, providing diversified income streams and long-term stability. The retail component benefits from direct frontage and exposure along a high-demand corridor, while the residential units are supported by strong rental fundamentals in the Greenwich market.
Located in the heart of Cos Cob and minutes from major commuter routes and the Metro-North station, the property delivers the visibility, accessibility, and embedded demand that investors prioritize. 232-238 E Putnam Ave represents a rare opportunity to acquire a well-located mixed-use asset in one of Connecticut’s most sought-after commercial districts Cos Cob, Connecticut is a highly sought-after waterfront village within the Town of Greenwich, known for its blend of New England charm and modern affluence. Situated along the scenic Cos Cob Harbor, the area offers a distinctive coastal setting that enhances both lifestyle and business appeal. Its historic character, walkable village core, and proximity to Greenwich’s central business district make Cos Cob an attractive location for professional services, boutique retail, and office users
seeking a refined yet accessible environment.
Located in the heart of Cos Cob and minutes from major commuter routes and the Metro-North station, the property delivers the visibility, accessibility, and embedded demand that investors prioritize. 232-238 E Putnam Ave represents a rare opportunity to acquire a well-located mixed-use asset in one of Connecticut’s most sought-after commercial districts Cos Cob, Connecticut is a highly sought-after waterfront village within the Town of Greenwich, known for its blend of New England charm and modern affluence. Situated along the scenic Cos Cob Harbor, the area offers a distinctive coastal setting that enhances both lifestyle and business appeal. Its historic character, walkable village core, and proximity to Greenwich’s central business district make Cos Cob an attractive location for professional services, boutique retail, and office users
seeking a refined yet accessible environment.
Property Facts Under Contract
| Price | $4,500,000 | Apartment Style | Low-Rise |
| Price Per Unit | $346,154 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.22 AC |
| No. Units | 13 | Building Size | 9,852 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1930 |
| Zoning | 91 | ||
| Price | $4,500,000 |
| Price Per Unit | $346,154 |
| Sale Type | Investment |
| No. Units | 13 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.22 AC |
| Building Size | 9,852 SF |
| No. Stories | 2 |
| Year Built | 1930 |
| Zoning | 91 |
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Some public transit
50/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | GREE-000008-000000-002684-S000000 | Improvements Assessment | $1,349,250 |
| Land Assessment | $680,750 | Total Assessment | $2,030,000 |
Property Taxes
Parcel Number
GREE-000008-000000-002684-S000000
Land Assessment
$680,750
Improvements Assessment
$1,349,250
Total Assessment
$2,030,000
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232-236 Putnam Ave
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