Five Greenwich Avenue properties change owners

Photo of Macaela J. Bennett
The building that houses Jonathan Adler, at 88 Greenwich Ave. in Greenwich, was sold in March after having been owned by an estate that also owned five other local buildings.
The building that houses Jonathan Adler, at 88 Greenwich Ave. in Greenwich, was sold in March after having been owned by an estate that also owned five other local buildings.Tyler Sizemore / Hearst Connecticut Media

Five buildings on Greenwich Avenue sold last week, along with a property on next-door West Putnam Avenue, that accounted for one of the largest single sales ever on The Avenue, according to town tax records and real estate experts.

The properties were 2, 10, 42-44 and 46-48 Greenwich Ave. and 12 West Putnam Ave. The sales were recorded on Oct. 14.

These were parceled out among several buyers in an estate sale brokered by Stamford-based Newmark Grubb Knight Frank senior managing directors Stephen Westerberg and Kim Mowers, who represented the buyers and sellers.

The three-story building at 2 Greenwich Ave. was built in 1894 and totals 3,090 square feet while three-story 10 Greenwich Ave. was built in 1900 and offers 1,358 square feet.

The property at 12 West Putnam Ave. was built in 1900 and provides 5,653 square feet of mixed-use retail and residential space.

The sales for all properties totaled almost $19 million.

Westerberg also represented the seller in the sale of 88 Greenwich Avenue in March for $5.75 million, which was part of the same estate. It is a 6,000-square-foot, 3-story retail structure with apartments on the upper floors and was built in 1940.

While turnover in tenants occupying these properties has been common, ownership in the buildings had been consistent over the years.

MBennett@hearstmediact.com, 203-625-4411; Twitter @Macaela_