GREENWICH – The property that houses Black Rock Antique Center has been listed for sale by Cushman & Wakefield, the exclusive sales broker for the property.
The 179 Hamilton Ave. property consists of a two-story, 3,569-square-foot building which is fully occupied. The first-floor space is leased and occupied by the Black Rock Antique Center and is operated as a showroom.
The lease, which includes pro rata share reimbursements for taxes and common area maintenance, runs through the end of 2028. The 1,713-square-foot second floor space is leased to Timo & Violet—a luxury sustainable baby, kids and women’s brand blending organic fabrics, original artwork, and upscale boutique gifting shop. That lease expires at the end of 2027.
The value of the property is placed at $2.78 million by Trulia.
A $950,000 mortgage was taken out on the property with Orange Bank & Trust of Middletown, New York, in February 2019 by 179 Hamilton Ave. LLC. That mortgage was assumed by 358 Lordae LLC and 179 Hamilton Ave Lordae 100S LLC on June 9.
The 20-year-old, 0.15-acre site is situated on the corner of Hamilton Avenue and Grand Street, allowing for prominent visibility, and has an 11-car rear private parking lot.
The property is in the retail and dining corridor along Greenwich Avenue that is complemented by private clubs, championship golf courses, yacht clubs, beaches, and expansive parkland.
The building includes an on-site 11-car private parking lot.
