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Property profile & analytics
OFF-MARKET
Estimated value
$1,165,000
Retail space
121 Putnam Ave Greenwich, CT 06830
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US15-0512904
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1929
Construction
FRAME
Total area
1,153 SF
Lot
0.23 ac (10,019 SF)
Zoning code
LBR-2
APN
GREE M:08 B:2783/S
UPID
US15-0512904
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.19M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.17M
Owner & transaction history
Krm Realty LLC · 6 yrs held
Krm Realty LLC
since 2020
Last sale
$1.1M
7 recorded transactions
Zoning & alternative use
LBR-2 · Greenwich, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$1,270,000
ML approach
$1,190,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.17M
Range $1.05M – $1.28M · ±10% · vs last sale $1.10M (Feb 5 2020)
Last sale anchor
$1.10M
Feb 5 2020
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
$1,010 / 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
$10,875
Tax year 2023
Assessed value
$934,570
Assessed 2023
Previous assessed
$934,570
+0.0% YoY
Effective rate
1.16%
On assessed value
Assessed land
$750,960
Assessed improvement
$183,610
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1929
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Rooms
1
Total area
1,153 SF
Lot
0.23 ac (10,019 SF)
Zoning code
LBR-2
APN
GREE M:08 B:2783/S
UPID
US15-0512904
Jurisdiction
GREENWICH
Zoning & alternative use
LBR-2 · Greenwich, CT
Zoning LBR-2 · permitted uses
LBR-2 · Greenwich, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Greenwich. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1929
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Rooms
1
Lot
0.23 ac
Current owner
From public records · entity-resolved
Krm Realty LLC
Entity
Mailing address
121 E PUTNAM AVE, COS COB, CT 06807-2628
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 5, 2020
$1,100,000
Krm Realty LLC
Bar N Brands LLC
Warranty Deed
$800,000 · York Mtg Liquidify
Sep 17, 2019
—
Bar N Brand LLC
—
Deed
related
$310,000 · United Bank
Mar 25, 2019
—
Bar N Brand LLC
—
Deed
related
$170,000 · Darien Fabricare Ctr
Sep 21, 2004
—
Bar N Brand LLC
—
Deed Of Trust
related
$500,000 · Greenwich Bank & Trust
Dec 1, 1998
—
Commuters Cleaners
—
Deed Of Trust
related
$530,000 · Business Lenders INC
Jan 24, 1996
$400,000
Commuters Cleaners Of
Mobil Oil Corp
Grant Deed
$326,400 · Zenon Grzybowski
—
—
Bar N Brand LLC
—
Deed Of Trust
related
$170,000 · Fabricare Darien
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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