Prime Retail Space on Railroad Avenue Exceptional opportunity to lease a 1, 000 sq. ft. retail space located in the heart of Greenwich on Railroad Avenue, right at the base of the iconic Greenwich Avenue. Positioned directly across from Greenwich train Station. This property benefits from unparalleled foot traffic, thanks to neighboring high-end retailers, salons, and renowned restaurants. This location is set to become even more dynamic with the forthcoming Greenwich Crossing, a $30 million revitalization project that will modernize the train station, introduce a vibrant restaurant anchor, expand retail options, and create an inviting outdoor plaza for gathering and events. This transformative development promises to elevate Railroad Avenue's shopping and dining appeal, fostering a stronger sense of community and attracting an even larger customer base. Currently operating as a cigar variety shop, this flexible retail space offers many possibilities. With its prime location, exceptional visibility, and proximity to major transit and luxury shopping, it's perfectly suited for a variety of retail concepts looking to establish a presence in Greenwich's thriving market. Don't miss this chance to secure a high-visibility location in Greenwich's vibrant retail corridor. Tenant is responsible for utilities and trash services; one dedicated parking space is included in the rent.
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $5,600 | $5,600 | $5,600 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $37 | $37 | $47 |
Total Monthly Payment | $112 | $112 | $122 |
* 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.