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Property profile & analytics
OFF-MARKET
Estimated value
$2,305,000
Banks
10 Mason St Greenwich, CT 06830-5431
Individually Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US15-0893765
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
1954
Construction
CONCRETE
Total area
23,994 SF
Lot
1.45 ac (63,162 SF)
Zoning code
CGB
APN
GREE M:01 B:2133/S
UPID
US15-0893765
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
BNY Mellon Wealth Management Greenwich CT Bank Credit Union
-
Bank of New York Mellon Bank Loan Service
-
Putnam Trust Bank Loan Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.31M
Owner & transaction history
Bny Mellon NA · 1 yrs held
Bny Mellon NA
since 2025
2 recorded transactions
Zoning & alternative use
CGB · Greenwich, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
Sec. 6-104.1 USE REGULATIONS AND SPECIAL REQUIREMENTS FOR THE CGB ZONE (9/15/86) (A) Purposes. In addition to the purposes stated in Sec. 6-102, the goal of the Central Greenwich Business Zone is to provide for a greater variety of Town- oriented retail, service, business, community and residential needs. The CGB zone is a mixed- use moderate density transit…
Zone name
Central Greenwich Business
General category
COMMERCIAL
Zone area
98.17 ac
Top alternative use upside
Restaurant
$3.8M
+59.8%
Auto repair, garage
$2.5M
+6.6%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Greenwich submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Greenwich submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
FINANCIAL BUILDING
$2,390,000
Current use
RESTAURANT
$3,815,000
Change: +60% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,545,000
Change: +7% · Conversion: Difficult
RETAIL STORES
$2,250,000
Change: -6% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,150,000
Change: -10% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$2,145,000
Change: -10% · Conversion: Difficult
Blend value · Realmo final
$2.31M
Range $2.07M – $2.54M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$96 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$204,641
Tax year 2023
Assessed value
$17,586,870
Assessed 2023
Previous assessed
$17,586,870
+0.0% YoY
Effective rate
1.16%
On assessed value
Assessed land
$8,918,980
Assessed improvement
$8,667,890
Applied tax rate
124.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Year built
1954
Construction
CONCRETE
Heating
FORCED AIR
Buildings
1
Stories
4
Rooms
1
Total area
23,994 SF
Lot
1.45 ac (63,162 SF)
Zoning code
CGB
APN
GREE M:01 B:2133/S
UPID
US15-0893765
Jurisdiction
GREENWICH
Zoning & alternative use
CGB · Greenwich, CTZoning CGB · permitted uses
CGB · Greenwich, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
Sec. 6-104.1 USE REGULATIONS AND SPECIAL REQUIREMENTS FOR THE CGB ZONE (9/15/86) (A) Purposes. In addition to the purposes stated in Sec. 6-102, the goal of the Central Greenwich Business Zone is to provide for a greater variety of Town- oriented retail, service, business, community and residential needs. The CGB zone is a mixed- use moderate density transition zone within Central Business District separating the high intensity commercial uses of the Town’s prime retail and business area (the CGBR zone) from the medium density residential and business zones that ring the Central Business District. The CGB zone is characterized by diversity, including small office uses, residential uses, public uses, and a wide variety of businesses offering goods and services to suit the broad, long-term needs of customers and residents. The area encompassed by the zone
Zone name
Central Greenwich Business
General category
COMMERCIAL
Zone area
98.17 ac
Alternative use value scenarios
Repositioning upside vs current use
FINANCIAL BUILDING Current
Est. value
$2.4M
RESTAURANT
Est. value
$3.8M
AUTO REPAIR, GARAGE
Est. value
$2.5M
RETAIL STORES
Est. value
$2.3M
COMMERCIAL (GENERAL)
Est. value
$2.2M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.1M
FINANCIAL BUILDING Current
RESTAURANT
AUTO REPAIR, GARAGE
RETAIL STORES
COMMERCIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1954
Construction
CONCRETE
Heating
FORCED AIR
Stories
4
Buildings
1
Rooms
1
Lot
1.45 ac
Current owner
From public records · entity-resolved
Bny Mellon NA
Individual
Free & Clear · 1 yrs held
Mailing address
500 ROSS ST FL #2, PITTSBURGH, PA 15262-0001
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 17, 2025
—
Bny Mellon NA
Bank Of New York Mellon
Deed
related
—
Jul 17, 2025
$13,500,000
10 Mabson LLC
Bny Mellon NA
Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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