Manfredi Jewels Purchases Building for $4.7M

Manfredi Jewels has purchased the building they have occupied for 27 years along Greenwich Avenue. The property, located at 121 Greenwich Avenue, is the firm’s flagship location. The building was purchased for $4,700,000, approximately $893 per square foot. The buyer plans to remain in the location, and has opened a second store in New Canaan.

121 Greenwich Avenue is comprised of a 5,263 square foot mixed use building, located along the northern portion of Greenwich’s premier shopping corridor. Each of the building’s two upper stories feature an apartment. The ground level retail space contains 3,563 square feet of space, and each of the two upper floors contains 850 square feet.