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63 Church St 5 Unit Apartment Building $7,000,000 ($1,400,000/Unit) 5.50% Cap Rate Greenwich, CT 06830

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EXECUTIVE SUMMARY

5.5% Cap Investment with 5 Units in downtown Greenwich. Presenting The Midtown by Fisk Hospitality: Exclusive Luxury Living, Hotel-Style Comfort. A boutique collection of four Manhattan-style lofts and one townhome at 63 Church Street, The Midtown seamlessly blends modern sophistication with classic Greenwich charm. These spacious residences boast open-concept layouts, soaring ceilings, wide-plank oak floors, and designer finishes. The gourmet kitchens feature custom cabinetry, quartz countertops, and premium appliances. Primary suites offer walk-in closets and spa-like bathrooms. Select units include private balconies. In-unit laundry and parking complete the offering. Moments from Greenwich Ave, parks, and Metro-North.
Unit 1F: 2 Bed/2.5 Bath Townhome + 2 Parking
Unit 1R: 1 Bed/1 Bath + 1 Parking
Unit 1L: 1 Bed/1 Bath + 1 Parking
Unit 2R: 1 Bed/1 Bath + 1 Parking
Unit 2L: 1 Bed/1 Bath + 1 Parking

FINANCIAL SUMMARY (PRO FORMA - 2025)

ANNUAL ANNUAL PER SF
Gross Rental Income $459,000 $88.27
Other Income - -
Vacancy Loss - -
Effective Gross Income $459,000 $88.27
Taxes $50,000 $9.62
Operating Expenses $22,500 $4.33
Total Expenses $72,500 $13.94
Net Operating Income $386,500 $74.33

FINANCIAL SUMMARY (PRO FORMA - 2025)

Gross Rental Income
Annual $459,000
Annual Per SF $88.27
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $459,000
Annual Per SF $88.27
Taxes
Annual $50,000
Annual Per SF $9.62
Operating Expenses
Annual $22,500
Annual Per SF $4.33
Total Expenses
Annual $72,500
Annual Per SF $13.94
Net Operating Income
Annual $386,500
Annual Per SF $74.33

PROPERTY FACTS

Price $7,000,000
Price Per Unit $1,400,000
Sale Type Investment
Cap Rate 5.50%
No. Units 5
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.32 AC
Building Size 5,200 SF
No. Stories 3
Year Built/Renovated 1920/2025
Parking Ratio 1.15/1,000 SF
Zoning LBR

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Heating
  • Refrigerator
  • Oven
  • Range

SITE AMENITIES

  • 24 Hour Access
  • Controlled Access
  • Tenant Controlled HVAC
  • Gas Range
  • Walk-Up

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+2.5 1 $10,000 1,080
1+1.5 4 $7,000 978 - 1,052
Walk Score®
Walker's Paradise (90)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 36158307

  • Date on Market: 6/7/2025

  • Last Updated:

  • Address: 63 Church St, Greenwich, CT 06830

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