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Property profile & analytics
OFF-MARKET
Estimated value
$520,000
Office buildings
177 Putnam Ave Greenwich, CT 06830-5203
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US15-0492159
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1953
Construction
STEEL FRAME
Total area
5,042 SF
Lot
0.48 ac (20,909 SF)
Zoning code
GB
APN
GREE M:07 B:1463/S
UPID
US15-0492159
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
-
The Next Street - Greenwich Driving School Training Center Vocational School
-
gSpace Private Offices Real Estate Agency
-
GRMoves.com - Greenwich CT Real Estate Real Estate Agency
-
MOOV. LABS Medical Clinic
-
Client Focused Advisors, member of Royal Alliance Associates Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$430k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$608k
Blend (final)
Blend
$520k
Owner & transaction history
177 Wpa LLC · 7 yrs held
177 Wpa LLC
since 2019
3 recorded transactions
Zoning & alternative use
GB · 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
by Request
ML approach
$430,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$800,000
Change: -9% · Conversion: Easy
Blend value · Realmo final
$520k
Range $468k – $572k · ±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
$103 / 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
$41,036
Tax year 2023
Assessed value
$3,526,670
Assessed 2023
Previous assessed
$3,526,670
+0.0% YoY
Effective rate
1.16%
On assessed value
Assessed land
$1,171,100
Assessed improvement
$2,355,570
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1953
Construction
STEEL FRAME
Heating
NONE
Buildings
1
Stories
1
Rooms
1
Total area
5,042 SF
Lot
0.48 ac (20,909 SF)
Zoning code
GB
APN
GREE M:07 B:1463/S
UPID
US15-0492159
Jurisdiction
GREENWICH
Zoning & alternative use
GB · Greenwich, CT
Zoning GB · permitted uses
GB · 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.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS)
Est. value
$800,000
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
1953
Construction
STEEL FRAME
Heating
NONE
Stories
1
Buildings
1
Rooms
1
Lot
0.48 ac
Current owner
From public records · entity-resolved
177 Wpa LLC
Entity
Mailing address
268 POST RD, FAIRFIELD, CT 06824-6220
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 17, 2019
$5,150,000
177 Wpa LLC
Seawatch Assoc LLC
Warranty Deed
$3,825,000 · Fieldpoint Private Bank & Trust
May 5, 2017
—
Marjorie Rowe
Oconnor,brian
Quit Claim Deed
related
—
Apr 6, 2009
—
Marjorie M Rowe
—
Deed Of Trust
related
$750,000 · Brian Oconnor
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.
Try Rey
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