Back to Search
Property profile & analytics
FOR LEASE
Office buildings
485 West Putnam Ave Greenwich, CT 06830
Entity Owned
9-yr Hold
Free & Clear
Property ID
US15-0621227
For Lease
1 / 2
Contact for pricing
485 West Putnam Ave, Greenwich, CT 06830
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1920
Construction
FRAME
Total area
7,704 SF
Lot
0.39 ac (16,988 SF)
Zoning code
GBO
APN
GREE M:03 B:1371/S
UPID
US15-0621227
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
-
National Re/Sources Real Estate Agency
-
Union Capital Bank Credit Union
-
FedEx Drop Box Postal Service Courier Service
-
Tesla Destination Charger Electric Vehicle Charging Station
-
Maine Power Express Electric Utility Company
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
Steamboat Road Acq LLC · 9 yrs held
Steamboat Road Acq LLC
since 2016
4 recorded transactions
Zoning & alternative use
GBO · 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
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
$31,511
Tax year 2023
Assessed value
$2,708,090
Assessed 2023
Previous assessed
$2,708,090
+0.0% YoY
Effective rate
1.16%
On assessed value
Assessed land
$1,011,990
Assessed improvement
$1,696,100
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
For Lease
Year built
1920
Construction
FRAME
Heating
HOT WATER
Buildings
1
Stories
2
Rooms
3
Total area
7,704 SF
Lot
0.39 ac (16,988 SF)
Zoning code
GBO
APN
GREE M:03 B:1371/S
UPID
US15-0621227
Jurisdiction
GREENWICH
Zoning & alternative use
GBO · Greenwich, CT
Zoning GBO · permitted uses
GBO · 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
1920
Construction
FRAME
Heating
HOT WATER
Stories
2
Buildings
1
Rooms
3
Lot
0.39 ac
Current owner
From public records · entity-resolved
Steamboat Road Acq LLC
Entity
Free & Clear · 9 yrs held
Mailing address
485 W PUTNAM AVE, GREENWICH, CT 06830-6060
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 5, 2022
—
485 West Putnam LLC
—
Deed
related
$2,750,000 · Connectone Bank
Dec 14, 2016
$700,000
Steamboat Road Acq LLC
Jenkins,morgan
Warranty Deed
—
Aug 19, 1996
—
485 West Putnam LLC
—
Deed Of Trust
related
$800,000 · Lafayette Bank & Trust
Apr 7, 1995
$525,000
485 West Putnam LLC
Clr Corp
Warranty 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
