March 27, 2024 – Stavros Filippidis and Tom Connor of Horvath & Tremblay have successfully completed the sale of a 5-unit Multi-Family building in Norwalk, Connecticut. Horvath & Tremblay exclusively represented the seller and procured the buyer to complete the transaction at a sale price of $800,000.
37 Seaview Avenue in Norwalk, Connecticut is comprised of a three-story multi-family building containing five (5) apartments comprised of three (3), 1-bedroom/1-bathroom units and two (2) 2-bedroom/1-bathroom units with 3,684 square feet of living area in 5,997 square feet of gross area on a 0.18-acre parcel. The Property features a detached four-car garage with individual bays, and loft space above the bays for storage. 37 Seaview Avenue is ideally positioned in East Norwalk, one of the most desirable neighborhoods in Fairfield County. The Property has been well maintained and is positioned on an elevated lot that spans from Seaview Avenue to Betts Place and allows for breathtaking views of Veterans Memorial Park and Marina as well as the Norwalk Harbor on the Long Island Sound. The Property enjoys convenient access (less than 0.5-miles) to South Norwalk (SONO), where waterfront meets urban hip in an eclectic hub that is SoNo’s dining, shopping, and entertainment center. SoNo offers an amazing collection of restaurants, bars, bakeries, shops, galleries, and attractions, as well as the South Norwalk Train Station. 37 Seaview Avenue also offers convenient access to the East Norwalk Train Station, major roadways including US Route 1, Interstate 95, the Merrit Parkway and US Route 7, downtown Norwalk, and several area beaches.
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.