A five-unit mixed-use property in Greenwich has sold for $1.95 million and a cap rate of 4.7%.
The property at 140 Hamilton Ave. was built in 1911 and consists of one commercial unit, three two-bedroom / one-bath units and a single one-bedroom / one-bath unit, as well as a private backyard.
Redwood Realty Advisors”™ brokerage team of Michael Scrima, Kevin Scrima, Thomas Gorman Jr. and Thomas McConnell represented both the buyer, Mike Rocco, and the seller, Ida Sangermano, in the transaction.
