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Multi Family Home Sold

340 Palmer Hill Road, Greenwich, CT 06878

Listing History

20 Feb 2018 First listed $ 1,615,000
9 Aug 2018 Clo $ 1,500,000

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Sold on 2018-08-08 $ 1,500,000 See listingListing history
AreaSq feet
4,005 sq ft
0.13 acres
Year built
Units on Different Floors
Map of Multi Family Home on 340 Palmer Hill Road,Greenwich, CT
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Page Contents

About the Home

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.

Interior Details

Livable Area

  • Total area 4,005 sq feet
  • Above grade 4,005 sq feet
  • Below grade 0 sq feet


  • Bedroooms 3
  • Full bathrooms 4


  • Heating system Baseboard
  • Heat fuel type Natural Gas


  • Central Air


  • YES


  • Full
  • Storage

Construction Details

Type and Style

  • Home type two multi-family
  • Architectural style Units on Different Floors


  • Year built 1921
  • New construction No/Resale

Construction Info

  • Construction Frame
  • Exterior Siding Stucco
  • Foundation Masonry, Stone
  • Roof Fiberglass Shingle

Property Details

Parking and Garage

  • Garage spaces 0
  • Driveway

Swimming Pool

  • NO


  • River

Lot Details

  • Lot surface 0.13 acres
  • Description Corner Lot
  • Zoning LBR-1


  • Shared
  • Paved
  • Asphalt

Exterior Features

  • Deck


  • Water Public Water Connected
  • Sewage system Public Sewer Connected

HOA and Financial Info

  • Current price $ 1,500,000
  • Tax amount $ 10,219
  • Tax year July 2017-June 2018
  • Financing used Conventional ARM

MLS Details

  • MLS ID 170054138
  • Listing date on 2018-02-20
  • Status Closed
Courtesy of William Raveis Real Estate

Local Information



With a convenient location, this neighborhood is close to shopping and restaurants in town, as well as an easy commute into New York City.

This home is 36% above the neighborhood's $ 1.10M avg price
More about the neighborhood

Greenwich, CT

With its luxury homes and waterfront properties, this town also has an excellent education system and a variety of things to do.

This home is 29% below the town's $ 2.10M avg price
More about the town

Fairfield County

Fairfield County is one of the wealthiest communities in Connecticut. Contact Dagny's Real Estate if you are looking to buy a home in Fairfield County CT.

This home is 189% above the county's $ 519K avg price
More about the county

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Photos of the Multi Family Home