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Property profile & analytics
OFF-MARKET
Turn key restaurants
235 Putnam Ave Greenwich, CT 06830
Entity Owned
Absentee Owner
Free & Clear
Property ID
US15-0190649
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1934
Construction
STEEL FRAME
Total area
764 SF
Lot
0.11 ac (4,792 SF)
Zoning code
LBR-2
APN
GREE M:08 B:2681/S
UPID
US15-0190649
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
235 EAST PUTNAM AVE LLC
235 EAST PUTNAM AVE LLC
Zoning & alternative use
LBR-2 · Greenwich, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
(H) Within existing buildings in the LBR-1 and LBR-2 Zones, the following uses are permitted: Fitness Clubs; Group Fitness Centers/Gyms; Day-Care Centers; Walk-in Medical Clinics; Sales Agencies of Real Estate or Insurance; Art Galleries; and Schools, both profit and non-profit. A special permit is required for any use which involved student drop-off. All us…
Zone name
Local Business Retail 2
General category
COMMERCIAL
Zone area
75.63 ac
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$4,800
Tax year 2023
Assessed value
$412,510
Assessed 2023
Previous assessed
$412,510
+0.0% YoY
Effective rate
1.16%
On assessed value
Assessed land
$332,990
Assessed improvement
$79,520
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1934
Construction
STEEL FRAME
Heating
SPACE
Buildings
1
Stories
1
Rooms
1
Total area
764 SF
Lot
0.11 ac (4,792 SF)
Zoning code
LBR-2
APN
GREE M:08 B:2681/S
UPID
US15-0190649
Jurisdiction
GREENWICH
Zoning & alternative use
LBR-2 · Greenwich, CTZoning 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
Zoning description
(H) Within existing buildings in the LBR-1 and LBR-2 Zones, the following uses are permitted: Fitness Clubs; Group Fitness Centers/Gyms; Day-Care Centers; Walk-in Medical Clinics; Sales Agencies of Real Estate or Insurance; Art Galleries; and Schools, both profit and non-profit. A special permit is required for any use which involved student drop-off. All uses shall provide a storefront appearance for the occupied space as viewed from the adjacent street. (2/28/2019) (3/1/2019) (I) There shall be no display of merchandise or the placement of equipment used for an on-site business activity permitted in the required parking area. (3/1/2019)
Zone name
Local Business Retail 2
General category
COMMERCIAL
Zone area
75.63 ac
Building & site characteristics
From public records
Year built
1934
Construction
STEEL FRAME
Heating
SPACE
Stories
1
Buildings
1
Rooms
1
Lot
0.11 ac
Current owner
From public records · entity-resolved
235 EAST PUTNAM AVE LLC
Entity
Free & Clear · 0 yrs held
Mailing address
239 E PUTNAM AVE, COS COB, CT 06807-2758
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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