A retail-and-office building in the heart of downtown New Canaan has sold for $6,025,000, according to a property transfer recorded Tuesday in the Town Clerk’s office.
Tenants in the commercial building at 4 Elm St.—located on the southwest corner of Elm and Main Streets—include William Raveis Real Estate and G. Albert.
The 1954-built structure includes a gross leasable area of 5,454 square feet, town tax records show.
The building was sold by David Silverberg, co-trustee, to a limited liability company based in Southport, town and state records show. According to Secretary of the State records, the managing principal of BLCR Holdings, LLC is William M. Raveis Jr.
Prior to the sale, the building had been continuously owned for at least 50 years, according to town tax records.
It’s the second major building downtown that the Siververgs have sold in recent weeks. J.S. Silverberg Realty LLC sold the commercial building at South and Elm for $8.5 million on Dec. 17.