Renovated Apartment
For Sale
Contact for pricing
41 Wolfpit Ave, Norwalk, CT 06851
164-unit apartment community on 18.78 acres with renovated interiors completed between 2018 and 2020.
Property SizeContact for details
Lot Size18.78 Acres
Days on Market122
Property Features for 41 Wolfpit Ave
General Information
Standard status
Active
Class
A
Lot size
18.78 Acres
Property subtype
Multifamily
Additional Details
Multifamily Units
164
Building Details
Year Renovated
2020
Listing Agency:
CBRE - Dallas McKinney
(201) 712-5841
Listed By:
Jeffrey Dunne · License #CT REB.0750441
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 20 at 6:20PM
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 CBRE - Dallas McKinney
Investment Insights
Based on property information with market context.
CBRE is the exclusive advisor for the sale of Reserve41, a 164-unit apartment community on 18.78 acres in Norwalk, Connecticut. Unit interiors were renovated from 2018 to 2020 to a modern, Class A standard.
The property is located less than a mile from the Westport border and minutes from the South Norwalk “SoNo” neighborhood. It is proximate to major regional employment centers in Norwalk, including Merritt 7 and Connecticut Avenue, as well as White Plains, Greenwich, Stamford, Westport, and Shelton. The community is also within an hour of Manhattan, the New York airports, and Hartford.
The offering also notes rental income upside associated with updating and adding amenities, including garages, EV charging stations, storage spaces, a fitness center, outdoor grilling and dining and entertainment spaces, and updates to the pool area.
The property is located less than a mile from the Westport border and minutes from the South Norwalk “SoNo” neighborhood. It is proximate to major regional employment centers in Norwalk, including Merritt 7 and Connecticut Avenue, as well as White Plains, Greenwich, Stamford, Westport, and Shelton. The community is also within an hour of Manhattan, the New York airports, and Hartford.
The offering also notes rental income upside associated with updating and adding amenities, including garages, EV charging stations, storage spaces, a fitness center, outdoor grilling and dining and entertainment spaces, and updates to the pool area.
Key Highlights
- 164‑unit apartment community on 18.78 acres in Norwalk, CT
- Unit interiors renovated to a modern Class A standard from 2018 to 2020
- Rental income upside through updating and adding amenities, including garages, EV charging, storage, and a fitness center
Property Analytics
Current Use
Lease Details
164
Residential units
Location Intelligence
Trade Area within ½ mile
803
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - 164-unit apartment community on 18.78 acres with renovated interiors completed between 2018 and 2020.
Where is this apartment building located?
The property is located at 41 Wolfpit Ave Norwalk, CT.
What are key features of this property?
This property features: 164‑unit apartment community on 18.78 acres in Norwalk, CT; Unit interiors renovated to a modern Class A standard from 2018 to 2020; Rental income upside through updating and adding amenities, including garages, EV charging, storage, and a fitness center
