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BuckPort84 West Sono LLC Acquires Mixed-use Building From Walter Gardella For $3M In Norwalk CT
SOLD
$3,000,000
Connecticut
See Similar DealsMixed-use9,098 SF
Sold 05/05/2025
SOLD
BuckPort84 West Sono LLC Acquires Mixed-use Building From Walter Gardella For $3M In Norwalk CT
84 West Avenue
See Similar DealsMixed-use9,098 SF
Sold 05/05/2025
Summary
CONNECTICUT
Asset Type:Mixed-use
Price Per Square Foot:$329
Total Square Footage:9,098 SF
Transaction Type:Sale
A 9,098 sq. ft. mixed-use building located at 84 West Avenue in Norwalk, CT, was sold for $3,000,000. The transaction occurred in a sealed bid format and was facilitated by Angel Commercial, LLC.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $3,000,000
- Address: 84 West Avenue
- Market: Norwalk, CT
- Square Footage: 9,098
- Price Per Square Foot: $330
- Buyer: BuckPort84 West Sono LLC
- Seller: Walter Gardella
- Broker: Jon Angel - Angel Commercial, LLC
Jon Angel of Angel Commercial, LLC represented the transaction, ensuring a smooth process between the buyer, BuckPort84 West Sono LLC, and the seller, Walter Gardella.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$160,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$10,658.36
Cash-on-Cash Return-1.27%
Monthly Debt Service$14,221.53
Annual Debt Service$170,658.37
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