Greenwich, CT
Commercial Real Estate Market Trends & Data

$575 per SF Avg asking sale price
$46 per SF Avg asking lease rate
6,231 SF Avg unit lease size
15,801 SF Avg building size for sale
6.18% Average cap rate

Greenwich's Demographic Profile

Greenwich has 23,281 households and a median income of $185,665, providing context for rent absorption and tenant demand across retail and multifamily assets. A 0% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 63,976
# Households 23,281
Median age 44
Median household income $185,665
Avg household size 3.0
Renter-occupied housing units 7,736
5-year population change 0%

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↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Greenwich $447 19,791 SF 7.22%
Cos Cob $520 4,700 SF 7.00%
Port Chester $461 17,220 SF 5.62%
Riverside $441 32,634 SF 7.00%
Nearby Retail Markets Avg Cost/SF Typical Size
Greenwich $594 8,501 SF
Cos Cob $501 9,948 SF
Port Chester $324 8,842 SF
Riverside $537 8,243 SF
Old Greenwich $610 4,834 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Greenwich $685 23,219 SF 8.34%
Port Chester $452 4,823 SF 8.34%
Purchase $253 21,032 SF 8.34%
Stamford $332 8,368 SF 5.73%
Rye Brook $275 22,453 SF 8.34%

Commercial Properties For Sale in Greenwich

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

32 Josephine Evaristo Ave

Greenwich, CT 06830

  • 1,909 SF Multifamily
  • 5.94% Cap Rate
  • $995,000
For Sale

100 Putnam Grn

Greenwich, CT 06830

  • 14,535 SF Office Building
  • 5.62% Cap Rate
  • $10,500,000
For Sale

Covered-Land - Approved 120-Unit Site Plan

Port Chester, NY 10573

  • 1.47 AC Lot
  • 1 Residential Income Lot
  • $8,400,000
For Sale

Greenwich Mansion with 5 Apt / 2 Retail Store

Greenwich, CT 06830

  • 6,097 SF Multifamily
  • $2,900,000
For Sale

1937 W Main St

Stamford, CT 06902

  • 88,503 SF Retail Building
  • $25,000,000
For Sale

Greenwich Side by Side in Appreciating Byram

Greenwich, CT 06830

  • 3,392 SF Multifamily
  • 6.89% Cap Rate
  • $1,699,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Greenwich pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Greenwich $575 15,801 SF
Cos Cob $561 6,114 SF
Port Chester $427 9,598 SF
Riverside $485 23,139 SF
Old Greenwich $610 4,834 SF

Multifamily Properties For Sale in Greenwich

For Sale

The Loren Group of Greenwich, Ct

Greenwich, CT

  • 5.00% Cap Rate
  • Price Upon Request
For Sale

The Windsor

Port Chester, NY 10573

  • 138,209 SF Multifamily
  • $130,000

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Greenwich, CT and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Greenwich

View All Commercial Real Estate For Sale in Greenwich
Is Greenwich a good market for a first-time commercial real estate investor?

Greenwich offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Greenwich?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Greenwich. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Greenwich?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Greenwich. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Greenwich compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Greenwich. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Greenwich acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Greenwich, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

Nearby Market Trends