18 Beech Street, Greenwich, CT, 06830 | $1,469,000

An industrial area, office space, and two garages in one unique commercial property. Super accessible location; Seconds from I-95 and just over the border of Westchester, in the Byram Area of Greenwich. It's an ideal mix of space for an owner/user. Almost 4000 sq currently being used as a fabrication woodshop. Above that, about 1000 sq ft of pristine office space and below, 1000 sq ft of basement. For more options, 2 detached garages that bookend the property. Low Greenwich Taxes and strong potential market ($10, 490/m) put at a strong 7% cap. LBR2 zone would allow for possible mixed used applications.

Features

  • Bedrooms: 1
  • Year Built: 1900
  • Approx Sq. Feet: 4,965
  • Acreage: 0.27
  • Est. Taxes: $8,944
  • Elem. School: New Lebanon
  • Middle School: Western Middle
  • MLS#: 121719
  • Days on Market: 16 days
  • Website: https://www.raveis.com
    /prop/121719/18beechstreet_greenwich_ct?source=qrflyer
Source: Greenwich MLS
Listing courtesy of Mike Parelli Real Estate LLC

William Raveis Family of Services

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888.699.8876

Contact@raveis.com

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Joseph MollicaVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 130058

203.952.8600

Joseph.Mollica@raveis.com

Our Executive Mortgage Banker:

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Our Insurance Division:

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For homebuyers and sellers, our Attorney Network:

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18 Beech Street, Greenwich, CT, 06830

$1,469,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Joseph Mollica

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 203.952.8600

Joseph.Mollica@raveis.com

NMLS Mortgage Loan Originator ID 130058

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,175,200 $1,175,200 $1,175,200
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 6.375% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.821% 6.474% 6.036%
Monthly Tax Payment $745 $745 $745
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $6,673 $7,332 $9,838
Total Monthly Payment $7,543 $8,202 $10,708

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.