Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$835,000
Turn key restaurants
54 Main St Greenwich, NY 12834-1211
Individually Owned
1-yr Hold
Free & Clear
Property ID
US63-2422418
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
2019
Total area
8,507 SF
Lot
0.63 ac (27,443 SF)
Zoning code
COM01
APN
533401 237.5-8-23
UPID
US63-2422418
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
-
Wallie's of Greenwich Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$836k
Blend (final)
Blend
$835k
Owner & transaction history
Ryan Brown · 1 yrs held
Ryan Brown
since 2024
Last sale
$40,000
7 recorded transactions
Zoning & alternative use
COM01 · Greenwich, NY
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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$1,075,000
Current use
OFFICE BUILDING
$1,075,000
Change: 0% · Conversion: Moderate
RETAIL STORES
$1,050,000
Change: -2% · Conversion: Easy
Blend value · Realmo final
$835k
Range $752k – $919k · ±10% · vs last sale $40k (Dec 18 2024)
Last sale anchor
$40k
Dec 18 2024
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
$98 / 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
Property tax & assessments
Assessed value
$621,200
Assessed 2023
Previous assessed
$621,200
+0.0% YoY
Assessed land
$47,800
Assessed improvement
$573,400
Land market value
$47,800
Improvement market value
$573,400
Total market value
$621,200
Applied tax rate
533,401.0000
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
2019
Heating
NONE
Buildings
1
Stories
2
Total area
8,507 SF
Lot
0.63 ac (27,443 SF)
Zoning code
COM01
APN
533401 237.5-8-23
UPID
US63-2422418
Jurisdiction
WASHINGTON
Zoning & alternative use
COM01 · Greenwich, NY
Zoning COM01 · permitted uses
COM01 · Greenwich, NY
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
RESTAURANT Current
Est. value
$1.1M
OFFICE BUILDING
Est. value
$1.1M
RETAIL STORES
Est. value
$1.1M
RESTAURANT Current
OFFICE BUILDING
RETAIL STORES
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
2019
Heating
NONE
Stories
2
Buildings
1
Lot
0.63 ac
Current owner
From public records · entity-resolved
Ryan Brown
Individual
Free & Clear · 1 yrs held
Mailing address
PO BOX 191, GREENWICH, NY 12834-0191
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 18, 2024
$40,000
Ryan Brown
Owen Crawford
Warranty Deed
—
Mar 9, 2020
—
Greenwich Preservation Grp LLC
—
Deed
related
$147,500 · Woodholme Farm LLC
Oct 16, 2019
—
Greenwich Preservation Grp LLC
—
Deed
related
$528,519 · Adirondack Trust Co
Apr 10, 2018
—
Greenwich Preservation Group
Croatan LLC
Grant Deed
—
Jul 6, 2015
$125,000
Croatan LLC
Mallios America LLC
Grant Deed
—
May 9, 2006
$230,000
Mallios America LLC
Denaker,george
Warranty Deed
—
—
—
Greenwich Preservation Grp LLC
—
Deed Of Trust
related
$528,519 · Adirondack Trust Co
—
—
Greenwich Preservation Grp LLC
—
Deed Of Trust
related
$147,500 · Woodholme Farm LLC
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?”
You own 54 Main St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
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.
