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Three-Unit Triplex Property
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1 PARK ST, Norwalk, CT 06851

Residential income property constructed in 1987 with a three-unit configuration.

Property Size15,448 SF
Price / SF$161.83
Days on Market142

Property Features for 1 PARK ST

General Information

Standard status Active
Size 15,448 SF
Class B
Property subtype Office
Lease Type NNN

Additional Details

Multifamily Units 3

Building Details

Year Built 1987
Buildings 1
Stories 3
Units 3
Listing Agency: DVB Commercial Realty
Listed By: John Zervos · License #CT
Source: Crexi
Added: May 27 Changed: Oct 13 Last Checked: Oct 14 at 10:27PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of DVB Commercial Realty

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Investment Insights

Based on property information with market context.

This triplex is a three-unit multifamily property located at 1 Park Street in Norwalk, Connecticut. The residential income asset was constructed in 1987 and is configured for three units.

The property is identified as 1 PARK ST, NORWALK, CT 06851-4841. Its triplex classification provides a concise format for evaluating a three-unit residential property within the Norwalk market.

Key Highlights

  • Three‑unit multifamily configuration
  • Triplex classification
  • Constructed in 1987

Property Analytics

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Current Use

Norwalk Aquatic Club Gym & Fitness Center Norwalk Party Bus ... Limousine Service The Family Center Training Center NPS Family Center Training Center Ability Beyond Disability Charitable Organization

Suggested Use

Top Pick Electrical Service Big Box & Wholesale Store Building Supply Storage Facility Barber Shop Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

2,988
Businesses Nearby

Demographics for 06851, CT

28,254
Population
12,142
Households
2.3
Avg Household Size
42
Median Age
44%
College-Educated
91%
High-School Grad
7.7 sq mi
ZIP Area
3,669
Density / Sq Mi
$106,978
Median Household Income
$55,838
Median Earnings
$2,009
Median Rent
$565,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Residential income property constructed in 1987 with a three-unit configuration.
Where is this triplex located?
The property is located at 1 PARK ST Norwalk, CT.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Three‑unit multifamily configuration; Triplex classification; Constructed in 1987
(203) 856-1271 Call to check price and availability
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