July 22, 2021 – Stavros Filippidis and Tom Connor of Horvath & Tremblay have successfully completed the sale of a mixed-use property in Norwalk, Connecticut. Horvath & Tremblay exclusively represented the seller to complete the transaction at a sale price of $1,460,000.
81-83 Winfield Street is a mixed-use property located in Norwalk, Connecticut. The property is comprised of three buildings and contains one retail suite and five (5) apartments spread over 6,555 square feet of living space in 9,555 square feet of gross area, on a 0.52-acre corner parcel with ample off-street parking. The unit mix includes one (1) retail unit, three (3), 2-Bedroom/1-Bathroom units, and two (2), 3-Bedroom/1.5-Bathroom units. 81-83 Winfield Street is located in East Norwalk, a residential neighborhood made up of single and multi-family homes adjacent to East Avenue and the Connecticut Shoreline, just over a mile from Downtown Norwalk. 81-83 Winfield Street offers convenient access to East Avenue, Interstate 95, US Route 1, Route 7 and Interstate-95, all located within close proximity of the property, providing convenient access throughout Fairfield County and all of southern Connecticut. The property is easily walkable to public transportation with Norwalk Transit “Wheels” bus service located on nearby East Avenue and Roger Square. The East Norwalk Train Station on the Metro-North Line from New York City is also located approximately 0.4-miles from the property. The location is close to numerous shopping, dining, and entertainment amenities, and is approximately 1-mile from Veterans Memorial Park & Marina, and 2-miles from the SONO Collection (Fairfield County’s premier shopping destination), and Shady Beach and Calf Pasture Beach, Norwalk’s most popular shoreline destinations.
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.