1116 - 1130 E Putnam Ave. | 1130 E Putnam Ave
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1116 - 1130 E Putnam Ave. 1130 E Putnam Ave
6,036 SF 100% Leased Retail Building Riverside, CT 06878 $4,700,000 ($779/SF)
Investment Highlights
- Great corner location adjacent to the J House Hotel
Executive Summary
A strategic 1 acre corner in the prestigious Riverside section of Greenwich with many retail and office properties along the Route 1 corridor and adjacent to the highly successful J House hotel and restaurant.
With Mavis Tire as the main commercial tenant, there are three other small stores in the commercial building plus residential buildings. Its corner visibility, rectangular shape and reasonable topography lend itself to a variety of commercial and/or multi-family uses allowed in the LB and R-12 zones.
With Mavis Tire as the main commercial tenant, there are three other small stores in the commercial building plus residential buildings. Its corner visibility, rectangular shape and reasonable topography lend itself to a variety of commercial and/or multi-family uses allowed in the LB and R-12 zones.
Financial Summary (Actual - 2022) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2022) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Property Type
Building Size
6,036 SF
Year Built
1920
Price
$4,700,000
Price Per SF
$779
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.12
Land Acres
1.14 AC
Zoning
LB - Front - LB - Local business and Rear - R-12 Residential
PROPERTY TAXES
| Parcel Number | GREE-000005-000000-002048-S000000 | Total Assessment | $2,325,260 (2024) |
| Land Assessment | $1,591,660 (2024) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $733,600 (2024) | Tax Year | 2022 |
PROPERTY TAXES
Parcel Number
GREE-000005-000000-002048-S000000
Land Assessment
$1,591,660 (2024)
Improvements Assessment
$733,600 (2024)
Total Assessment
$2,325,260 (2024)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2022
-
Michael Tedesco -
Tedesco Realty
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1116 - 1130 E Putnam Ave. | 1130 E Putnam Ave
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