Pine Street Studios Norwalk CT

Pine Street Studios Condos for Sale

Pine Street Studios is a 33-unit townhouse condominium community in Norwalk, CT. With only 33 units and a track record of roughly two to four sales per year in active periods, availability here is not constant. Units do not sit long when they come to market, particularly at price points below $350,000 in a city where the overall residential median sits near $660,000. If you are searching Norwalk CT condos in this price range, Pine Street Studios is one of the more consistently traded smaller buildings in the city. Active listings change quickly. Contact The Engel Team directly for current availability and any off-market units that may not yet appear on public search portals.

Recently Sold at Pine Street Studios

MLS records show 26 verified sales at Pine Street Studios across a multi-year period. Closed prices ranged from $190,000 to $376,000. The overall median sale price across the full sales history is $267,500. Recent 2025 transactions tell a sharper story: five sales closed between May and December 2025 at prices ranging from $310,000 to $349,000, with a median close to $340,000. That represents a meaningful step up from the $232,500 to $270,000 range where units were trading in 2020 and 2021.

Price per square foot across the MLS history runs approximately $274/SF. Unit sizes in the sales record range from 800 to 1,212 square feet. The table below captures all available recent sales data.

Unit Date Price Bed/Bath SqFt HOA/mo Tax/yr
Apt 26 12/22/2025 $340,000 2/2 998 $436 $4,564
APT 9 11/26/2025 $349,000 1/2 972 $390 $4,317
12 AKA 15 09/12/2025 $310,000 1/2 894 $378 $4,157
6 06/04/2025 $345,000 1/2 972 $390 $4,391
23 05/28/2025 $330,000 2/2 998 $393 $4,493
APT 1B 12/12/2024 $376,000 2/1 925 $339 $5,152
1C 11/01/2023 $270,000 2/1 957 $297 $3,964
7 09/11/2023 $325,000 1/2 993 $318 $3,216
25 05/12/2023 $280,000 1/1 800 $253 $3,500
27 11/21/2022 $355,000 3/2 1,212 $384 $4,688
11 09/02/2022 $250,000 1/2 894 $270 $2,896
5 07/21/2022 $270,000 1/2 1,043 $356 $3,112
8 11/19/2021 $250,000 1/2 972 $318 $2,904
23 07/26/2021 $260,000 2/2 998 $321 $3,362
11 07/16/2021 $238,000 1/2 837 $270 $3,039
1A 06/04/2021 $265,000 2/1 949 $300 $3,924
9 12/23/2020 $232,500 1/2 972 $318 $3,167
27 11/13/2020 $312,500 3/2 1,212 $384 $4,515
24 10/16/2020 $279,000 3/2 1,212 $385 $4,515
8 08/03/2020 $240,000 1/2 972 $318 $3,230
19 09/27/2019 $228,000 1/2 997 $356 $3,266
6 05/09/2019 $230,000 1/2 972 $315 $3,964
15 12/20/2017 $190,000 1/2 894 $3,675
25 04/26/2017 $215,000 1/1 800 $3,376
5 01/08/2016 $232,500 1/2 1,043 $4,019
19 10/01/2015 $239,000 1/2 998 $3,819

One note on the broader Norwalk market: condo median prices declined approximately 6.9% in the first half of 2025, with inventory across all property types contracting to around 118 active listings in February 2025. At Pine Street Studios, the five 2025 sales did not reflect that softening, with prices holding above $310,000 throughout the year. That divergence matters when pricing a unit here. Sellers who anchor to the broader Norwalk trend may undervalue; buyers who ignore building-specific comps may overpay.

About Pine Street Studios

Pine Street Studios is a 33-unit condominium complex located at 32 Pine Street in Norwalk, CT. The building was constructed in 1985, which puts it in the mid-1980s construction cohort common across southwestern Connecticut. The community style designation means this is a smaller, self-contained complex rather than a large multi-building development. It is not a high-rise and not a sprawling campus. With 33 total units, it is the kind of building where ownership patterns are stable, turnover is limited, and neighbors tend to know each other. For buyers looking at Norwalk CT real estate in the sub-$400,000 range, a building this size with a decade-plus of MLS sales history offers more pricing transparency than a newer, less-traded complex.

Homes and Layouts at Pine Street Studios

Units at Pine Street Studios are townhouse-style, meaning buyers get a vertical layout with at least two levels rather than a single-floor flat. This matters for buyers who want some physical separation between living and sleeping areas without stepping into a full single-family home. The MLS sales history shows units ranging from 800 to 1,212 square feet. The bedroom mix spans one, two, and three bedrooms. Two-bedroom, two-bath configurations appear most frequently in the sales record, with floor sizes typically running 925 to 998 square feet. Three-bedroom units, including Unit 27 and Unit 24, come in at 1,212 square feet with two baths. One-bedroom units at the smaller end of the spectrum have closed as compact as 800 square feet.

The townhouse format typically means a private entry, which is a meaningful distinction from corridor-access flat-style condo buildings. Parking and outdoor space specifics should be confirmed through the association’s governing documents and unit-specific listing details, as configurations can vary within a 33-unit complex of this era.

What Buyers Need to Know

HOA fees at Pine Street Studios have shifted considerably across the 26-sale MLS history. Earlier sales from 2015 to 2017 show no HOA data recorded, but by 2019 fees appear in the $315 to $356 range. The most recent 2025 sales show monthly HOA fees ranging from $378 to $436 depending on the unit. The $436 figure for Unit 26 is the highest recorded across the full history. Buyers should request the current fee schedule directly from the association, along with the most recent reserve fund study, operating budget, and any pending or recently completed special assessments. A 1985 building is now 40 years old. Mechanical systems, roofing, and building envelope components in this age range are legitimate due diligence items, not afterthoughts.

Property taxes in recent sales run from approximately $4,157 to $5,152 per year, based on 2025 closings. Earlier sales show taxes in the $2,896 to $3,964 range, reflecting assessment changes over time. Buyers should request a current tax bill from the listing agent rather than relying on historical figures from the sales table.

Resale potential at Pine Street Studios is supported by consistent transaction volume, with 26 MLS sales recorded across roughly a decade of activity. That is a meaningful number for a 33-unit building, indicating that units move when priced correctly. For buyers evaluating resale value, the price-per-square-foot trend is relevant: the $274/SF median across the full history compares favorably to entry-level single-family alternatives in Norwalk, where the overall median price sits near $660,000.

Rental rules, pet policy, owner-occupancy ratio, and insurance structure are not confirmed in available data and must be verified through the association’s governing documents before closing. For a 1985 building, renovation variation between units is likely. Some units will have been updated; others will reflect original finishes. Buyers should account for this variation when evaluating comparables and making offers. Request the full resale package from the association as part of your due diligence, and have your attorney review the declaration, bylaws, and most recent meeting minutes.

Buying or Selling at Pine Street Studios

The Engel Team at Douglas Elliman tracks sales activity at Pine Street Studios and across the broader Norwalk homes for sale market. For buyers, that means access to current pricing analysis, off-market monitoring when units are not yet listed publicly, and offer strategy built around the actual comp set, not the broader Norwalk median. For sellers, accurate pricing at Pine Street Studios requires understanding which unit configurations have commanded premiums and where the market has softened, particularly given the 2025 price movement in Norwalk’s broader condo segment.

If you are considering a purchase or sale at Pine Street Studios, contact The Engel Team directly for a current valuation, a review of active and pending inventory, and guidance on what the 26-sale history means for your specific unit’s position in the market.

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