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101 Washington St
Norwalk, CT 06854
SoNo (Fairfield Cty) Mixed-Use Portfolio · Multifamily Property For Sale · 66 Units

EXECUTIVE SUMMARY

THE SONO PEARL is a five-story building over an at grade and subterranean parking structure offering 66 luxury apartment homes and 130 parking spaces. A south facing rooftop terrace offers expansive neighborhood and Norwalk harbor views. All units feature vinyl plank flooring, soaring 10- and 11-foot-high ceilings, open layouts, generous walk-in closets, stainless steel appliances, modern kitchens, stylish bathrooms, and a washer and dryer in each home. Many of the homes have private patio areas and balconies. In addition to exceptional apartment features, SONO Pearl residents enjoy a state-of-the-art fitness center, a Zen garden with a tranquility fountain, parking garage, and on-site self and valet parking. THE COMMERCIAL CONDOMINIUM PORTFOLIO offers investors the potential to take advantage of a nearly continuous connected row of properties in the true heart of South Norwalk. Currently there are 38 retail/office spaces containing a total of approximately 82,500 SF (not including basement square footage), of which 29 are street front retail/restaurant condominium units totaling 40,215 SF. In addition, there are four retail/office buildings (10-12 and 31-35 South Main Street, and 99 Washington Street) owned in fee simple, which consists of 11 units totaling 42,281 SF. The mid and late 19th century architecture of these historic buildings has been well preserved. The portfolio is extremely well located in close proximity to all of the new development that is occurring in the area including the SONO Collection Shopping Center, the Maritime Aquarium, Metro North train station, Norwalk Harbor, Marinas, the New Marriot Hotel and Norwalk Hospital; the 1.4-million-square-foot Merritt 7 office complex is a short five minute ride as well.

PROPERTY FACTS

No. Units 66
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class A
Lot Size 0.51 AC
Building Size 49,500 SF
Average Occupancy 97%
No. Stories 4
Year Built 2016
Parking Ratio 2.42/1,000 SF
APN / Parcel ID NORW-000002-000024-000022-000001
Zoning WSDD

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Balcony
  • Microwave
  • Washer/Dryer
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Stainless Steel Appliances
  • Range
  • Patio
  • Wheelchair Accessible (Rooms)

SITE AMENITIES

  • Property Manager on Site
  • Smoke Free
  • Walking/Biking Trails
  • Wi-Fi
  • Roof Terrace
  • Bicycle Storage
  • Lounge
  • Zen Garden

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 60 - 683 - 877
2+2 6 - 1,053
  • Listing ID: 16261299

  • Date on Market: 6/6/2019

  • Last Updated:

  • Address: 101 Washington St, Norwalk, CT 06854

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