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Property profile & analytics
OFF-MARKET Estimated value $500,000
Turn key restaurants

373 Greenwich Ave Greenwich, CT 06830-6506

3,370 SF 0.08 ac lot Built 1922
Individually Owned 31-yr Hold ~ Est. High Equity
Property ID
US15-0860602
Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1922
Construction STEEL FRAME
Total area 3,370 SF
Lot 0.08 ac (3,485 SF)
Zoning code CGBR
APN GREE M:01 B:2068/S
UPID US15-0860602
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
  • Putnam Restaurant Cafe & Coffee Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$425k
CAP Approach CAP
by Request
Comparable Approach Comparable
$579k
Blend (final) Blend
$500k
Owner & transaction history
Nick Nikas · 31 yrs held
Nick Nikas
since 1995
1 recorded transaction
1995
$650,000
Zoning & alternative use
CGBR · Greenwich, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

The emphasis of the CGBR zone is upon protection of ground floor space for compatible retail uses, and avoidance of a break in storefront continuity. Consequently, businesses in the zone are generally dependent upon pedestrian traffic and storefront exposure. In addition to retail uses, a wide variety of services and community functions is included to suit t…

Zone name Central Greenwich Business Retail
General category COMMERCIAL
Zone area 49.84 ac
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