Marquis on the River Sells for Over $6.7M

The Marquis on the River, a luxury apartment building in Norwalk, has sold for $6,775,000. The sale price for the building, located at 142 East Avenue, equates to approximately $356,579 per unit. The property sold over 98% occupied. Cushman and Wakefield represented the seller.

The property is situated on 1.17 acres of land on the Norwalk River. The building contains 18 luxury residential units and one commercial unit in four stories. Built in 2008, the 35,000 square foot apartment building offers amenities such as a boardwalk, fitness center, and a master bath with a whirlpool.