BuckPort84 West Sono LLC Acquires Mixed-use Building From Walter Gardella For $3M In Norwalk CT
84 West Avenue
$3,000,000
$329/SF
Building Size
9,098 SF
Asset Type
Mixed-use
Closing
May 5, 2025
AI
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.
Players
Norwalk Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.29%
Cash-on-Cash
-1.51%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93