A mixed-use, retail-multifamily space in Greenwich has sold for $2.95 million, according to town records.
Thomas Realty Inc., of Easton has sold the three-story, 4,248-square-foot space at 18-20 Greenwich Ave.,to New York-based Benchmark Real Estate Group, doing business as Benchmark 18 Greenwich Ave LLC.
“I purchased the property as I am a long-term believer of Greenwich Avenue, especially for high-street retail,” Jordan Vogel, principal of New York City-based Benchmark Real Estate Group, told the Hartford Business Journal.
“Greenwich Avenue has extremely limited retail space and I believe in the long term, we will continue to see retail rents improve.”
Tenants include Gas Bijoux, a jewelry store, and MyEyeDr, an optician/glasses store, Vogel said. It has four residential tenants on the second and third floors.
The building, which was sold on Feb. 11, has a brick facade and was built in 1921, town records show.
It is assessed at $1.83 million and has a market value of $2.61 million.
