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Property profile & analytics
OFF-MARKET
Estimated value
$2,730,000
Apartment buildings
76 Sherman Ave New Haven, CT 06511-5243
Entity Owned
4-yr Hold
Property ID
US15-0171158
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1965
Total area
18,673 SF
Lot
0.92 ac (40,152 SF)
Zoning code
RM2
APN
NHVN M:341 B:1281 L:01700
UPID
US15-0171158
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
-
EDS VARIETY LLC Marketing & Advertising IT Consulting Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.76M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.57M
Blend (final)
Blend
$2.73M
Owner & transaction history
Uk Sherman LLC · 4 yrs held
Uk Sherman LLC
since 2022
Last sale
$3.3M
7 recorded transactions
Zoning & alternative use
RM2 · New Haven, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.7M
+15.9%
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 New Haven submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs New Haven 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
$2,720,000
ML approach
$2,760,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$2,355,000
Current use
RESTAURANT
$2,730,000
Change: +16% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,285,000
Change: -3% · Conversion: Moderate
OFFICE BUILDING
$2,015,000
Change: -14% · Conversion: Moderate
RETAIL STORES
$1,985,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$2.73M
Range $2.46M – $3.00M · ±10% · vs last sale $3.30M (Jun 17 2022)
Last sale anchor
$3.30M
Jun 17 2022
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
$146 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$79,990
Tax year 2024
Assessed value
$2,077,670
Assessed 2024
Previous assessed
$2,077,670
+0.0% YoY
Effective rate
3.85%
On assessed value
Assessed land
$385,000
Assessed improvement
$1,692,670
Applied tax rate
306.0000
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1965
Heating
NONE
Buildings
2
Stories
3
Units
16
Total area
18,673 SF
Lot
0.92 ac (40,152 SF)
Zoning code
RM2
APN
NHVN M:341 B:1281 L:01700
UPID
US15-0171158
Jurisdiction
NEW HAVEN
Zoning & alternative use
RM2 · New Haven, CT
Zoning RM2 · permitted uses
RM2 · New Haven, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
New Haven. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$2.4M
RESTAURANT
Est. value
$2.7M
COMMERCIAL (GENERAL)
Est. value
$2.3M
OFFICE BUILDING
Est. value
$2.0M
RETAIL STORES
Est. value
$2.0M
APARTMENT HOUSE (5+ UNITS) Current
RESTAURANT
COMMERCIAL (GENERAL)
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
1965
Heating
NONE
Stories
3
Buildings
2
Units
16
Lot
0.92 ac
Current owner
From public records · entity-resolved
Uk Sherman LLC
Entity
Mailing address
76 SHERMAN AVE, NEW HAVEN, CT 06511-5243
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 17, 2022
$3,300,000
Uk Sherman LLC
76 Sherman LLC
Warranty Deed
$2,585,000 · Basis Multifamily Cap
Oct 5, 2021
—
76 Sherman LLC
—
Deed
related
$2,120,000 · Northeast Bank
Sep 2, 2015
—
76 Sherman LLC
Leonard-anthony Assoc LLC
Quit Claim Deed
related
—
Dec 12, 2006
$2,470,000
Leonard Anthony Assoc LLC
Sherman Gardens LLC
Warranty Deed
$1,852,500 · Zuckerman Family Nomi
Mar 13, 2006
—
Sherman Gardens LLC
—
Deed Of Trust
related
$1,100,000 · Zions First National Bank
Jun 9, 2005
$750,000
Sherman Gardens LLC
Renaissance Alliance LLC
Warranty Deed
—
Jun 9, 2005
—
Sherman Grdns LLC
—
Deed Of Trust
related
$100,000 · Wilder Realty LLC
Apr 2, 2002
—
Renaissance Alliance
—
Deed Of Trust
related
$25,000 · Marilyn Mclaughlin
Mar 28, 2002
$50,000
Renaissance Alliance
Gallmac INC
Grant Deed
$350,000 · Benjamin Funding Corp
Sep 12, 1997
$35,000
Renaissance Alliance
Mclaughlin,marilyn
Warranty Deed
$35,000 · Zenon Grzybowski
Nov 15, 1996
—
Joseph Gall
—
Deed Of Trust
related
$200,000 · USA
May 2, 1996
—
Joseph Gall
—
Deed Of Trust
related
$13,000 · Marlowe Snow & Attick
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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