
Bridgeport, CT Horvath & Tremblay has completed sale of three properties for $3.146 million. The properties include Black Rock Plaza in Bridgeport, and two multi-family properties in Norwalk and Danbury.
Thomas Connor and Matthew Nadler exclusively represented the seller and procured the buyer in the sale of Black Rock Plaza for a sale price of $1.925 million. The two building, multi-tenant retail plaza is located at 3400 Fairfield Ave. in the Black Rock neighborhood of town. The two buildings include 28,200 s/f on a 1.18-acre parcel. The property offers frontage and visibility along Fairfield Ave. with access to I-95 and U.S. Rte. 1. The property is leased to five local tenants with a value-add opportunity through the leasing of an additional 13,000 s/f space.
Connor also worked as the exclusive agent on two multi-family sales, 265 East Ave. in Norwalk closing at a sale price of $671,000 and 31 Wooster St. in Danbury, closing at a sale price of $550,000. 265 East Ave. contains four, two-bedroom units in 3,652 s/f and includes off street parking and in-unit laundry for tenants. The property benefits from its location with access to the East Norwalk Train Station and I-95. 31 Wooster St. in Danbury contains three, one-bedroom units, three studio units and one efficiency unit in 3,408 s/f. The property is positioned on a residential street adjacent to Danbury City Center and is within walking distance to numerous shopping and transportation amenities.
Norwalk, CT Highcap Group has completed the sale of two luxury multifamily properties with a total of 120 units for a combined purchase price of $41.4 million.