Great investment opportunity in convenient Riverside/Cos Cob area of Greenwich. The building consist of combination of commercial/retail space on street level with a very successful liquor store and additional two residential apartments on the second level. The two totally renovated residential apartments are updated to todays lifestyle. One two bedroom apartment and one one bedroom apartment. Tenants pay for all utilities except for water. Each unit has nice decks for outdoor enjoyment overlooking the Mianus river. Full basement with storage currently used by the liquor store. The liquor store has triple net lease. Minutes to I95, shopping, RT1 and train station.
1921Year Built
5,663 sq ftLot Size
$327Est. Price/Sq.Ft.
Listed by Ann Rosati• William Raveis Real Estate
Bought with Alison Farn-Leigh• Halstead Real Estate
Source:Smart MLS #170054138
Redfin Estimate
$1,742,853
$168K since sold in March 2021
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 17.2% lower than the average sale price ($2.11M) of 6 comparable homes.
Great investment opportunity in convenient Riverside/Cos Cob area of Greenwich. The building consist of combination of commercial/retail space on street level with a very successful liquor store and additional two residential apartments on the second level. The two totally renovated residential apartments are updated to todays lifestyle. One two bedroom apartment and one one bedroom apartment. Tenants pay for all utilities except for water. Each unit has nice decks for outdoor enjoyment overlooking the Mianus river. Full basement with storage currently used by the liquor store. The liquor store has triple net lease. Minutes to I95, shopping, RT1 and train station.
Public Records
Mar 10, 2009
Sold
$900,000
$169/sq ft
Public Records
Dec 19, 2003
Sold
$760,000
$143/sq ft
Year
Property tax
Land + Additions
Assessment*
2016
$8,309 (+3.8%)
$339,850 + $362,600
$702,450
2014
$8,007
$364,210 + $324,590
$688,800
Tax history for 340 Palmer Hill Rd
Year
Property tax
Land + Additions
Assessment*
2016
$8,309 (+3.8%)
$339,850 + $362,600
$702,450
2014
$8,007
$364,210 + $324,590
$688,800
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.