May 6, 2022 – Stavros Filippidis and Tom Connor of Horvath & Tremblay has successfully completed the sale of a 15-unit Mixed-Use building in Danbury, Connecticut. Horvath & Tremblay exclusively represented the seller and procured the buyer to complete the transaction at a sale price of $1,600,000.
32-34 White Street in Danbury, Connecticut is a two-story mixed-use building that contains fifteen (15) units consisting of five (5) retail suites and ten (10) Studio Units in 8,080 square feet of living area (8,340 square feet of gross area) on a 0.17-acre parcel. The Property is well-located in a densely populated neighborhood in the center of downtown Danbury. The Property is situated at the intersection of White Street and Ives Street, one block from Main Street (CT Route 53), the area’s primary commercial thoroughfare. The Property is 0.3-miles from the Danbury Train Station, 0.4-miles from Western Connecticut State University’s main campus, and 1-mile from Danbury Hospital. The downtown location offers convenient access to area highways, public transportation and retail amenities on nearby Main Street, Federal Road and at the Danbury Fair Mall.
Horvath and Tremblay is one of the most active and successful Investment Real Estate Brokerage firms in New England. Their advisors specialize in the sale of apartment buildings, mixed-use properties, and development projects. They have experience successfully structuring portfolio sales and 1031 exchanges. They have a dedicated buy side desk that provides real time inventory and market data to each individual client placing capital or fulfilling a 1031 exchange requirement. The firm is dedicated to being the best source of information and expertise in the marketplace for private investors, developers, institutions, and industry professionals.