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56 Town Hill Ave
Danbury, CT 06810

$1,350,000 USD

Land For Sale  •  0.63 AC

Property Details

  • Property Type Land
  • Lot Size 0.63 AC
0 Transit Score
79 Walk Score

Description

Located a block from Main Street and Elmwood Park, the development enjoys an easy walk to numerous retail shops, grocers, and restaurants.

Highlights

This development site has been approved for 3 studio apartments, 16 one bedrooms, and 5 two bedrooms.
Once completed, this apartment complex is expected to generate income in excess of $445,000 per year and yielding an NOI of $327,760.

Property Flyers

Public Transportation

Commuter RailDriveWalkDistance
Danbury Station (New Haven Line - Metro-North Commuter Railroad Company (Metro-North)) 1 min 11 min 0.4 mi
Bethel Station (New Haven Line - Metro-North Commuter Railroad Company (Metro-North)) 7 min - 2.4 mi
AirportDriveWalkDistance
Westchester County 46 min - 34.4 mi
Dan Sousa 203-948-7870 Coldwell Banker Commercial Realty
Dan Sousa 203-948-7870 Coldwell Banker Commercial Realty