pwrealestate

Farewell to a Milford Icon: The Bridgeport Flyer Diner and the Memories It Leaves Behind

apreicon@gmail.com (Arnold Peck) — Wed, 19 Mar 2025 20:30:00 GMT

For decades, the Bridgeport Flyer Diner was a well-known landmark just up the hill from the center of Devon, serving good food at a fair price and becoming a familiar gathering place in the community.

My connection to the diner goes back to 1965 when I first met Perry Kokenos, who started it all. Before the diner, the site was home to an A&W Root Beer stand , a popular stop for a cold drink on a hot summer day. When Perry and his family, including his son Dennis, opened the Bridgeport Flyer, they created a place that became part of Milford’s everyday life.

Over the years, the diner was always busy. Families, friends, and regulars filled the booths, celebrating sports wins, catching up over coffee, or just enjoying a meal in a comfortable, familiar setting. It became more than just a restaurant—it was a piece of the community’s identity.

As Milford continues to evolve, so do its businesses. After decades of running a 24/7 restaurant, the Kokenos family made the difficult but understandable decision to step away. With other priorities—grandchildren, travel, and life beyond the restaurant industry—they chose to close this chapter.

With the property available, longtime real estate icon Arnold Peck was involved in finding its next purpose. The site was first explored by multiple restaurateurs, but ultimately, another path took shape. Given the increasing need for housing in Milford, the location and accessibility made it a strong candidate for residential development. Several interested parties stepped forward with plans for apartments, leading to a transition that reflects the area's changing needs.

While the Bridgeport Flyer Diner will be missed, its impact on the community remains. The Kokenos family shared in the bittersweetness of closing, just as so many longtime patrons did. Though its doors have closed, the memories made there will last, and new ones will take shape as the site moves forward in its next chapter.

Successful Sale at 5-9 Kimberly Avenue, West Haven!

Fri, 01 Dec 2023 18:40:21 GMT

Broker Arnold Peck and top commercial agent Mark Glassman collaborated to finalize the sale of 5-9 Kimberly Avenue in West Haven. The 3-bay garage building, 1769+/- square feet on a .33+/- acre parcel. The property's location and size contributed to its appeal as a car rental business. This led to a straightforward transaction at a selling price of $415,000.

This success underscores the effectiveness of teamwork and market expertise in navigating real estate the current market.

Arnold Peck's Commercial World Welcomes CID Meeting on December 13, 2023

Fri, 01 Dec 2023 16:45:41 GMT

Property World - December 8, 2023

Milford, CT – Arnold Peck's Commercial World is pleased to host a CID (Commercial and Industrial Development) meeting on December 13, 2023. This event provides an opportunity for professionals in the commercial real estate sector to connect, share insights, and explore potential collaborations.

Event Details:

Date: December 13, 2023

Time: 8:00 AM - 11:00 AM

Location: 185 Plains Road, Milford, CT (Exit 36 of I-9 5 )

Highlights:

Networking Opportunities: Connect with industry leaders, developers, and investors.
Information Exchange: Discussions on market trends, regulations, and emerging opportunities.
Collaborative Initiatives: Explore potential partnerships and projects.

Location Convenience:

Easily accessible from Exit 36 of I-95, the venue at 185 Plains Road provides a central and convenient location for professionals in the region.

Light Breakfast Served:

Enjoy a light breakfast, fostering a casual atmosphere for networking and discussions.

Save the Date:

Arnold Peck's Commercial World invites industry professionals to mark their calendars for December 13, 2023.

Connect with Us:

Follow Arnold Peck's Commercial World on LinkedIn for event updates and industry insights.

About Arnold Peck's Commercial World:

A leader in commercial real estate, Commercial World focuses on strategic investments and development projects.

Wishing You a Happy and Safe Thanksgiving from Property World!

Tue, 21 Nov 2023 19:45:13 GMT

As the holiday season approaches, we at Property World would like to take a moment to express our deepest gratitude to each and every one of you. Arnold Peck, the proud owner of Property World, and our entire team extend our warmest wishes for a Happy Thanksgiving filled with joy, gratitude, and togetherness.

This Thanksgiving, we reflect on the countless reasons to be thankful, and one of the greatest blessings we have is the opportunity to serve you. Your trust and partnership with Property World have been the driving force behind our success, and for that, we are truly grateful.

In the spirit of the season, we wish you a Thanksgiving filled with love, laughter, and moments to cherish. May your homes be filled with warmth, and may you create lasting memories with your loved ones. As we give thanks for the blessings of the past year, we look forward to the opportunities and challenges that the future holds.

As you celebrate this Thanksgiving, know that we are here for you, ready to assist with any real estate needs that may arise.

Thank you for choosing Property World as your trusted real estate partner. Wishing you and your loved ones a Happy Thanksgiving and a safe holiday season!

Transforming Boston Post Road: A Hub for Thriving Businesses

Wed, 25 Oct 2023 19:51:39 GMT

October 2023 marks an exciting period for the ever-evolving landscape of Boston Post Road, Milford, and Orange, Connecticut. The ongoing success of local businesses and the dedication of commercial real estate maven Arnold Peck are redefining the local retail scene, one lease at a time. This month alone, Arnold Peck has orchestrated the leasing of over 8,500 square feet of prime retail space in this vibrant corridor. Let's explore some of the latest entrants to the Boston Post Road business community and how they are revitalizing this historic thoroughfare.

Expanding Horizons: A Testament to Arnold Peck's Expertise

Arnold Peck, the visionary behind Arnold Peck's Commercial World, has an unparalleled reputation for understanding the unique needs of his clients and tirelessly seeking out the perfect locations for their businesses. As we step into a new chapter in 2023, he continues to showcase his commitment to his customers. His recent accomplishments include brokering significant leases that are breathing fresh life into this historical commercial corridor.

Business Highlights on Boston Post Road

Connection Plumbing & Heating, LLC
In a strategic move, Connection Plumbing & Heating, LLC, has relocated to 367 Boston Post Road, Orange, CT. This decision demonstrates the trust businesses place in the potential of this location, given its high visibility and accessibility.

Sanas Beauty Esthetics & Threading Studio
Among the newest additions to the Boston Post Road, Sanas Beauty Esthetics & Threading Studio has recently opened its doors at 501 Boston Post Road, Suite 14, Orange, CT, within the bustling Liberty Plaza Shopping Center. Their presence adds a touch of elegance to the local shopping experience.

Tarzen LLC - A New Liquidation Outlet
Milford, too, is experiencing a commercial renaissance with Tarzen LLC establishing itself at 282 Boston Post Road. As a new Liquidation Outlet, they're contributing to the diverse retail landscape of this vibrant town.

Meet Your Business Space Needs with Arnold Peck

As Arnold Peck's Commercial World continues to thrive, so does the transformation of Boston Post Road. Whether you're seeking to lease retail space, expand your current operations, or downsize to a more manageable location, Arnold Peck is the person to call. His deep understanding of the market and commitment to his clients' success make him an invaluable resource.

If you're considering mak ing a strategic move for your business, reach out to Arnold Peck at 203.314.6790. With his guidance and expertise, you can be part of the evolving story of Boston Post Road, Milford, and Orange.

Orange, CT Commercial Real Estate News

Sat, 30 Sep 2023 02:31:45 GMT

185 Boston Post Road, Orange, CT - Hitchcock Plaza, formerly known as Loehmann’s Plaza, an iconic shopping center on Boston Post Road in Orange, CT, has recently changed ownership in a confidential transaction orchestrated by Arnold Peck, a prominent figure in the commercial real estate market through his brokerage, Arnold Peck’s Commercial World .

The property underwent extensive marketing efforts over the past few years, including lease marketing, all within the backdrop of the challenging commercial landscape shaped by the COVID-19 pandemic and just sold and closed for $7,000,000 .

The plaza welcomed new tenants as part of its revitalization strategy. Notable among them is Charm’s Security Hardware, which relocated from West Haven, CT, occupying a substantial 4,200 square feet of space, acting as an anchor store. Additionally, Danz Magic, a well-known dance school from Milford, has taken up residence in a 2,400 square-foot space within the plaza. Joining the mix is KidStrong, a dynamic company dedicated to empowering parents in raising confident children, who are set to occupy a spacious 4,400 square feet.

The buyers, hailing from Boston, MA, have ambitious plans to reposition the property over the next three years, envisioning a shopping experience aligned with the demands of the 21st century. Negotiations for this transaction were intricate, involving a diverse ownership structure with 75% of owners based in Canada and the remaining 25% in the United States. However, Arnold's seasoned expertise, coupled with time, patience, and skillful guidance, ultimately led to a successful contract and closing for all parties involved.

Navigating Milford's Real Estate Landscape: Insights from Arnold Peck, Founder of Property World

Wed, 23 Aug 2023 18:35:00 GMT

At Property World, we take pride in our commitment to serving the Milford community with unparalleled real estate expertise. Our founder, Arnold Peck, has not only been the driving force behind our success but has also redefined how clients experience property transactions in Milford, Connecticut.

Local Expertise, Lasting Connections

Arnold Peck's journey in the real estate industry has been one fueled by a deep understanding of Milford's unique market dynamics. With an instinctive grasp of the city's historic charm and evolving commercial opportunities, Arnold's dedicated team excels at matching clients with properties that resonate with their goals.

Putting You First

Our approach at Property World is simple yet powerful: the client comes first. Under Arnold Peck's guidance, we've made it our mission to prioritize each client's experience. Open communication, personalized service, and a commitment to building relationships have been the cornerstones of our practice. Our satisfied clients have become our advocates, a testament to the genuine care we bring to every transaction.

Innovating for Tomorrow's Challenges

Arnold Peck's innovative spirit has been pivotal in keeping Property World ahead of the curve. Embracing technology, we've streamlined processes to enhance listings, catering to the needs of modern buyers and sellers. This blend of tradition and innovation ensures that your experience with Property World is both seamless and forward-looking.

Guiding Through Market Trends

Real estate is a landscape of trends and shifts. Arnold Peck's guidance and our team's adaptability have empowered clients to navigate these changes with confidence. We stay informed about market shifts, regulatory updates, and economic fluctuations so that our clients can make informed decisions.

More Than Property: A Commitment to Community

Property World's engagement goes beyond transactions; it's about being a positive force in Milford. Arnold Peck and our team are actively involved in local initiatives and charity work, aiming to make a difference in the neighborhoods we serve. For us, success is intertwined with the well-being of our community.

From Residential to Commercial: Your Partner in Growth

Our expertise extends beyond residential properties. With Arnold Peck's guidance, Property World has successfully ventured into commercial real estate, assisting businesses in finding their ideal spaces to flourish.

A Future of Excellence

As we look ahead, Arnold Peck's vision for Property World is one of continued excellence. Our upcoming projects and expansion plans reflect our dedication to serving Milford with integrity and professionalism.

Arnold Peck's journey and his impact on Property World have transformed the real estate experience in Milford. We are proud to continue his legacy, providing a blend of local insight, client dedication, and innovative thinking that sets us apart.

Join us at Property World as we navigate Milford's real estate landscape, one client, one property, and one commitment at a time.

Seize the Coastal Dream: 1410 S. Pine Creek Road, Fairfield, Connecticut 06824

Wed, 09 Aug 2023 17:15:01 GMT

Escape the ordinary and embrace a lifestyle of luxury, tranquility, and natural beauty at 1410 S. Pine Creek Road in Fairfield, Connecticut. Nestled along the picturesque shoreline, this exceptional waterfront property offers an unparalleled opportunity to own your very own coastal haven. Property World invites you to explore the allure of this unique residence and make it your own.

1. Coastal Elegance: Wake up to the soothing symphony of gentle waves and breathtaking views of Long Island Sound. Every moment spent at 1410 S. Pine Creek Road is an invitation to indulge in coastal elegance and tranquility, creating cherished memories that will last a lifetime.

2. Craftsmanship Beyond Compare: Step into a world of exquisite craftsmanship and attention to detail. The property's Federal Colonial architecture, Tiger wood decks, and mahogany posts are a testament to its superior quality and enduring beauty, ensuring that every inch of this residence reflects your refined taste.

3. Your Canvas of Possibilities: With its spacious and versatile floor plan, 1410 S. Pine Creek Road becomes your canvas to shape and design your dream home. Whether you're envisioning a serene retreat, a captivating entertainment space, or a harmonious blend of both, this property provides the backdrop for your imagination to flourish.

4. Private Waterfront Oasis: Beyond your doorstep lies a private sandy beach, your personal gateway to waterfront bliss. Create cherished moments as you unwind on the beach, take a refreshing swim, or gather around a bonfire under the starlit sky. This is coastal living at its finest.

5. Seamless City Access: Indulge in the best of both worlds - the peaceful sanctuary of waterfront living and the vibrant energy of New York City, just a short 60-minute journey away. At 1410 S. Pine Creek Road, you can effortlessly savor the excitement of the city and return to your coastal haven at day's end.

6. Safety and Security: Your peace of mind is of paramount importance. This property's elevations exceed the Flood Zone VE elevation of 15 feet, offering an added layer of protection against unforeseen weather events and ensuring your investment is safeguarded.

7. Exclusive Viewing Experience: In reverence to the current owners' privacy, interior photos are reserved for private viewings. Take advantage of this exclusive opportunity to immerse yourself in the charm and allure of 1410 S. Pine Creek Road during a personalized tour guided by Arnold Peck.

8. Your Trusted Guide: Arnold Peck is committed to helping you transf orm your dream of owning a waterfront haven into reality. With a wealth of experience and a passion for exceptional real estate, Arnold is your partner on this exciting journey.

Make 1410 S. Pine Creek Road Your Own

Don't let this extraordinary opportunity slip away. Embrace the enchantment of waterfront living, where every day is a celebration of natural beauty and refined living. To schedule your private tour with Arnold Peck, please call 203.314.6790 . Discover the magic of 1410 S. Pine Creek Road, Fairfield, Connecticut 06824, and open the door to your waterfront haven today.

Discover Milford, CT: A Charming Town with the Essence of Fairfield County!

Thu, 03 Aug 2023 18:58:21 GMT

Nestled along the picturesque Connecticut coastline, Milford stands as a hidden gem with a rich history and charming ambiance. Located in New Haven County, this quaint town effortlessly combines the allure of a coastal retreat with the sophistication of Fairfield County. With its beautiful beaches, historic landmarks, vibrant downtown, and welcoming community, Milford entices visitors and residents alike to experience its unique essence.

A Glimpse into Milford's History

Milford's story dates back to 1639 when English settlers established the town, making it one of Connecticut's oldest communities. Its colonial heritage is evident in the preserved architecture and landmarks, adding to the town's timeless appeal. Visitors can explore the Milford Historical Society and discover a trove of artifacts and documents, immersing themselves in the rich past of the area.

The Enchanting Coastal Beauty

One of Milford's most significant draws is its breathtaking coastline. With miles of pristine sandy shores, residents and visitors can indulge in a variety of water-based activities. Silver Sands State Park, a beloved local spot, offers picturesque views, nature trails, and birdwatching opportunities, making it the ideal place for relaxation and recreation.

Embracing Nature and Outdoor Recreation

Beyond its beaches, Milford boasts an abundance of parks and green spaces. For outdoor enthusiasts, exploring the Charles Island Trail is a must-do. During low tide, visitors can walk across a tombolo to reach Charles Island, famous for its legends and stunning views of Long Island Sound. Additionally, the Connecticut Audubon Society Coastal Center at Milford Point presents a haven for birdwatchers and nature lovers.

A Vibrant Downtown Scene

Milford's downtown embodies the heart and soul of the town. From art galleries and boutique shops to delectable dining options, the area buzzes with activity throughout the year. The Milford Oyster Festival, an annual event held in August, showcases the town's affinity for seafood and celebrates its maritime roots, drawing locals and tourists alike to enjoy the festivities.

Historic Landmarks and Architecture

History enthusiasts will find delight in Milford's collection of historic landmarks and architectural wonders. The iconic Milford Green, a picturesque town square surrounded by historic buildings, serves as a focal point for community events and gatherings. The Eells-Stow House, built in 1640, stands as one of the oldest surviving houses in Connecticut, providing an insightful glimpse into early colonial life.

Arts and Culture Scene

Milford nurtures a vibrant arts and culture community. The Milford Arts Council curates a diverse array of visual and performing arts events, enriching the town's creative spirit. The MAC's Firehouse Art Gallery is a popular destination for art lovers, showcasing the works of local and regional artists.

Warm and Welcoming Community

Beyond its natural beauty and cultural offerings, Milford is known for its tight-knit and welcoming community. Residents take pride in their town and are enthusiastic about sharing its beauty and charm with visitors. The sense of camaraderie is evident in the town's numerous community events and volunteer activities.

Experience the allure of Milford, CT, by living and bringing your business to this charming coastal town! Whether you're looking to buy a house or rent a luxury apartment, our team is here to guide you every step of the way. Discover hidden gems, local events, and vibrant arts scenes while making Milford your home and business base. Contact us now to begin your extraordinary journey in Milford!

Simply Entheos: Transforming Fitness in Milford, Connecticut

Thu, 13 Jul 2023 18:12:12 GMT

Milford, Connecticut, welcomes Simply Entheos, a local gym that is redefining the fitness landscape. Brokered by Arnold Peck, this innovative facility combines physical fitness with mindfulness practices to promote holistic well-being. Simply Entheos is poised to revolutionize the fitness industry in Milford.

Pushing the Limits:

Simply Entheos thrives on pushing limits and exceeding expectations. It's a place where ordinary individuals transform into extraordinary beings. Prepare to tap into your untapped potential and unleash a level of toughness you never knew you possessed!

Arnold Peck's Vision:

Arnold Peck played a vital role in bringing Simply Entheos to the community. Peck recognized the potential and facilitated its establishment in Milford.

Simply Entheos, with its unique approach, the gym empowers members to lead healthier, more fulfilling lives. Thanks to Arnold Peck's deal-making skills, Milford residents now have access to a fitness sanctuary. Brace yourself for a fitness journey that will test your toughness!

Simply Entheos is located at 120 Boston Post Rd, Milford, CT 06460

Wow! New Big Wig Restaurant Now Open - Brokered By Arnold Peck

Thu, 06 Jul 2023 18:27:00 GMT

521 New Haven Avenue in Milford, Connecticut , has long been a witness to the changing tides of time, accommodating various businesses that have come and gone. Recently, a new establishment has breathed fresh life into 521 New Haven Avenue: Big Wigs Sports Bar. Owned by lifelong Milford resident and experienced restaurateur John Helwig, this bar has become a local favorite, revitalizing the historic address.

Arnold Peck, a prominent figure in Milford's real estate scene, played a vital role in the creation of Big Wigs Sports Bar. Representing both the landlord and the new tenant, Peck envisioned an establishment that captured the excitement of live sports while providing a welcoming ambiance for patrons of all backgrounds.

521 New Haven Avenue has been transformed into a cherished establishment under the ownership of John Helwig. As this historic address experiences a revival, Big Wigs Sports Bar thrives, bringing excitement and camaraderie to patrons and becoming a beloved part of the town's history.

https://www.restaurantji.com/ct/milford/big-wig-s-milford-/

Unlocking Success in Commercial Real Estate: The Arnold Peck Way

Wed, 12 Apr 2023 17:27:51 GMT

The key to unlocking success in commercial real estate is maintaining unwavering focus and continuously refining your expertise. Arnold Peck exemplifies this principle, as demonstrated by his accomplishments in the industry.

For instance, 16 Red Bush Lane, Milford, CT, a nine-unit commercial plaza constructed in 1975, had a history of fluctuating occupancy rates, often remaining 30% vacant over the past decade despite multiple real estate firms managing it.

Arnold's astute observation skills and proactive approach, including cold calling during brokerage gaps, led him to take on the property. With swift action, he filled the vacancies with new businesses, pleasing the out-of-town owner and stabilizing the property. Over the years, Arnold maintained a fruitful relationship with the owner.

When another client sought a property for a 1031 Exchange, Arnold faced limited options in the current market. However, his in-depth knowledge of the real estate landscape and willingness to ask the right questions led him back to the out-of-town owner of the aforementioned commercial center. Thanks to their long-term relationship and Arnold's adept handling of transactions of all sizes, he secured another listing and successful sale.

Arnold Peck's success in commercial real estate is a testament to the importance of keen observation, comprehensive knowledge, and a proactive approach. By staying focused and continuously perfecting one's skills, one can achieve remarkable results in this competitive field.

Tips for First-Time Home Buyers in Milford, CT

Thu, 23 Feb 2023 18:36:56 GMT

Purchasing your first home is an exciting milestone, but it can also be a daunting process. There are many factors to consider, such as location, budget, and home type. If you're a first-time home buyer in Milford, CT, there are some specific tips you should keep in mind to make the process smoother and more successful.

Milford is a charming coastal town in southwestern Connecticut. It offers a unique blend of natural beauty, history, and modern amenities. The town has a diverse range of neighborhoods and homes, from historic colonial houses to modern apartments. Milford also has a strong sense of community, with many events and activities throughout the year. Here are some tips to help you navigate the Milford real estate market as a first-time home buyer.

Determine your budget

Before you start house hunting, it's important to determine your budget. This will help you narrow down your search and avoid wasting time looking at homes that are outside of your price range. Consider your income, debt, and other expenses when setting your budget. You should also factor in the costs associated with buying a home, such as closing costs, property taxes, and home insurance.

Get pre-approved for a mortgage

Getting pre-approved for a mortgage is an essential step in the home buying process. It will give you a clear idea of how much you can afford to spend on a home, and it will also make you a more attractive buyer to sellers. To get pre-approved, you'll need to provide your lender with documentation of your income, assets, and debts. Your lender will then review your financial information and provide you with a pre-approval letter.

Choose the right neighborhood

Milford has a diverse range of neighborhoods, each with its own unique character and amenities. Some of the most popular neighborhoods include Woodmont, Downtown Milford, and Devon. Consider what's important to you in a neighborhood, such as proximity to schools, parks, and shopping. You should also research the crime rate and the quality of the schools in the area.

Consider the type of home you want

Milford offers a range of housing options, from historic colonial houses to modern apartments. Consider what type of home would best suit your needs and lifestyle. For example, if you're a first-time home buyer, a condominium or townhouse might be a good option since they typically require less maintenance than a single-family home. However, if you're looking for more space or privacy, a single-family home might be a better fit.

Hire a reputable real estate agent

Working with a reputable real estate agent can make the home buying process much smoother and less stressful. A good agent will be able to guide you through the process, help you find homes that meet your criteria, and negotiate on your behalf. Look for an agent with a proven track record in Milford and who has good reviews from previous clients.

Attend open houses and viewings

Attending open houses and viewings is an important part of the home buying process. This is your chance to see the home in person, ask questions, and get a sense of what it would be like to live there. Take your time during the viewing and don't be afraid to ask the agent or seller any questions you may have.

Don't rush into a decision

Buying a home is a big decision, and it's important to take your time and make an informed choice. Don't rush into a decision just because you feel pressure to buy. Take the time to consider all of your options, weigh the pros and cons of each home, and make an offer only when you're confident it's the right choice for you.

Consider a home inspection

A home inspection is a crucial step in the home buying process. It allows you to identify any issues or potential problems with the home before you make a final decision. Hire a reputable home inspector to perform a thorough inspection of the property. The inspector will look for issues such as structural problems, electrical and plumbing issues, and potential hazards like mold or lead paint.

Negotiate the price and terms

Once you've found a home you're interested in, it's time to negotiate the price and terms of the sale. Your real estate agent can help you with this process and provide guidance on what is reasonable and fair. Don't be afraid to negotiate on the price, closing costs, or other terms of the sale. Remember, everything is negotiable.

Get everything in writing

When you've agreed on the price and terms of the sale, make sure to get everything in writing. This includes the purchase agreement, any addendums, and any other agreements or disclosures. Read everything carefully and make sure you understand what you're agreeing to before signing anything.

Prepare for closing day

Closing day is the day when the sale is finalized and the ownership of the home is transferred to you. Before closing day, you'll need to review and sign several documents, including the settlement statement, mortgage documents, and title documents. Make sure you have all the necessary funds for the closing costs and any other expenses associated with the sale.

Enjoy your new home

Congratulations, you're now a homeowner! Take some time to enjoy your new home and explore everything Milford has to offer. Join local community groups or organizations to meet new people and get involved in the community. Remember, owning a home is a big responsibility, but it's also a rewarding experience.

In conclusion, buying your first home in Milford, CT can be an exciting and rewarding experience. By following these tips and working with a reputable real estate agent, you can navigate the Milford real estate market with confidence and find a home that meets your needs and budget. Remember to take your time, consider all of your options, and don't rush into a decision. With a little patience and preparation, you can find your dream home in Milford.

10 Reasons Why Milford, Connecticut is a Great Place to Buy a Home

Wed, 08 Feb 2023 15:35:30 GMT

Milford, Connecticut is a beautiful and vibrant city that has a lot to offer to those who are looking for a new home. Whether you are a young family or a retiree, Milford has something for everyone. In this article, we will go over 10 reasons why Milford is a great place to buy a home.

1. Beautiful Coastal Location

Milford is located on the coast of Connecticut and has stunning views of Long Island Sound. It has a beautiful sandy beach and a popular boardwalk that provides plenty of opportunities for outdoor recreation and relaxation. Whether you love to swim, sunbathe, fish, or simply enjoy a stroll along the shore, Milford has something for you.

2. Strong Economy

Milford has a strong economy with a diverse range of industries. There are many job opportunities available in the city, making it a great place for those who are looking for employment. The city also has a low unemployment rate and a growing population, which is a sign of a healthy and thriving community.

3. Excellent School System

Milford has an excellent school system, with a number of highly-rated public schools and private schools. This makes it a great place to raise a family and ensure that your children receive a top-notch education.

4. Vibrant Arts and Culture Scene

Milford has a vibrant arts and culture scene, with a number of galleries, theaters, and museums. The city also hosts a number of festivals and events throughout the year, such as the Milford Oyster Festival, which is a popular event that celebrates the city's maritime heritage.

5. Rich Historical Legacy

Milford has a rich historical legacy, with a number of historic buildings and landmarks. It was founded in 1639 and has a rich history dating back over three centuries. Whether you are a history buff or simply appreciate the charm of historic buildings, Milford has something for you.

6. Plenty of Outdoor Activities

Milford has plenty of outdoor activities for those who love to spend time in nature. The city has several parks and nature preserves, as well as hiking trails, camping sites, and fishing spots. Whether you are looking for a quiet place to relax or an exciting adventure, Milford has something for you.

7. Access to Major Cities

Milford is located just a short drive from several major cities, such as New Haven and New York City. This makes it a great place for those who want to live in a quiet and peaceful environment while still having easy access to all of the excitement and opportunities of larger cities.

8. Affordable Housing

Milford has a range of affordable housing options, from single-family homes to apartments and condos. Whether you are looking for a starter home or a luxurious estate, Milford has something for you.

9. Safe and Secure Community

Milford is a safe and secure community, with a low crime rate and a strong sense of community. It is a great place to raise a family or to retire, as you can feel confident in the safety and security of your neighborhood.

10. Friendly and Welcoming Community

Finally, Milford is a friendly and welcoming community, with a strong sense of community and a welcoming atmosphere. Whether you are a lifelong resident or a newcomer, you will quickly feel at home in Milford.

Milford, Connecticut is a thriving community that offers its residents a combination of small-town charm and big-city conveniences. With its diverse economy, abundant recreational opportunities, and excellent schools, it's easy to see why this city is a great place to buy a home. Whether you're a first-time home buyer, a growing family, or a retiree, Milford has something to offer everyone.

So, if you're considering a move to this part of the country, be sure to add Milford to your list of potential destinations. With its many benefits and beautiful surroundings, you're sure to fall in love with this city just as many others have before.

Milford Downtown Tailor Shop Plan Approved

Tue, 12 Apr 2022 18:52:49 GMT

The city Planning and Zoning Commission approved a plan to expand a Broad Street property, which will become a tailor and retail business.

MILFORD, CT — The Planning and Zoning Commission approved a plan to expand and add an apartment unit to a downtown building. The mixed-use building will become the home of a tailoring and retail business.

The plan calls for expanding 240 Broad St., which currently has retail space on the first floor and a single apartment on the second floor. The plan is to add a second apartment to the second floor.

The building was constructed in 1900 and is currently in a dilapidated state, said attorney Thomas Lynch, who represented the applicant, Mia Case Properties LLC. Unit recently, it was a package store.

The first floor would be used as a tailoring business with some retail space, Lynch said during the Planning and Zoning Commission meeting April 5. The business is currently housed in a River Street location.

Arnold Peck - The Real Estate Man of the decade in Southern New England

Wed, 03 Mar 2021 17:09:59 GMT

At an early age, Arnold Peck started his uphill climb in renovating an old house in Milford, Connecticut. He then went on to specialize in the rehabilitation of beach cottages on the Milford shoreline.

Arnold continued to rehab small buildings and sell residential properties as a licensed agent.

In 1967, he founded his own company, Arnold Peck Realty.

He trained his employees to feel as if they were running their own business. He set the pace for his staff to be decisive and encouraged them to be inventive and creative.

As one leading bank so stated... "His leader-ship and company growth in the past ten years has been truly outstanding" Thus, establishing Arnold Peck as the Real Estate Man of the decade in Southern New England.

Arnold is now on the hunt to repurpose old buildings into something new with more use.

Not only are these buildings going to be transformed, but this second life is going to be drastically different in purpose from the first.

Arnold talks about factories being converted into offices, warehouses into shopping markets, outdated

schools into rehab facilities, and much more.

Adaptive reuse allows Arnold to take a second look at old spaces, especially those that are abandoned or located along struggling, industrial waterfronts. It can also be a key way to preserve historic spaces and reduce urban sprawl; why build a new office space or hotel in the suburbs when you could breathe new life into an old structure?

While Property World is focused on existing projects, they know there are a lot in development (CT Post Mall, we’re looking at you). Have suggestions we should consider? Let us know by filling out the contact form on our website at https://www.propertyworldusa.com/contact or by giving us a call at 203-877-1221 .

DEAL OF THE YEAR AWARDS FOR 2020 in the Commercial Investment Division of CT

Mon, 15 Feb 2021 16:20:58 GMT

Arnold Peck, Broker, Owner of Property World received the Deal of the Year for 2020 in the Industrial Sales Designation for 2 Boston Post Road, Orange.

Previous location for Sam's Club, consisting of 13.65 Acres on Boston Post Road, approximately 140,000 SF of warehouse space.

Arnold Peck also shared the Largest Land Sale Award with Steven Miller of Levey Miller Maretz LLC. The property was a farm straddling the two towns of North Haven and North Branford. 100 acres in North Branford, and 20+/- acres in North Haven, CT. The property is being considered for innovative usage.

Masterfully elegant Orange retreat

Tue, 15 Sep 2020 16:34:02 GMT

Ensconced behind a gated entry and at the end of a cul-de-sac, lies this enchanting contemporary estate spanning 10,500 square feet brimming with every amenity imaginable. The six-bedroom home caters to a luxurious lifestyle and is ideally suited for guests and multi- generational living offering an in-law suite, au pair suite and barn with guest suite.

Resort-style living abounds among the property’s glorious 5.35 acres encompassed by lush grounds, stone walls, a half basketball court with stadium lighting, and an Infinity Edge Gunite pool with waterfall and spa surrounded by a granite patio and stellar outdoor kitchen and bar for the ultimate in outdoor entertaining and recreation.

“When we renovated this home, we spared no expense knowing that we would be here for many years and wanted the functionality and amenities that both our family and friends would enjoy,” said owner Kendra Montano.

“It is a true gathering place, warm and welcoming with plenty of room for guests to stay, kids to have their friends over, and inlaw space for extended family.”

From the moment one approaches the covered stone portico and enters through the massive wood and curved glass double doors, it is evident that something special awaits inside. The marble foyer with grand curved staircase and vaulted ceilings opens into an elegant spacious living room with 16- foot ceilings, an impressive marble fireplace with cherry surround and walls of windows bringing the beauty of the outdoors right in. The living room is open to the formal dining room, created to seat 14 among a custom china credenza, and recessed ceiling with center chandelier enhancing the ambiance of fine dining.

The beautifully designed kitchen with custom crafted cabinetry and dining area offers double the pleasure among two marble islands, two Sub-Zero refrigerators, dual Asko dishwashers and two sets of Wolf double ovens.

Enjoy an inviting space in the family room, centered on a striking circular stone fireplace as its focal point. The family room connects to a spacious billiards room boasting vaulted ceilings, a full wet bar with custom wall treatments, coffered ceilings and raised fielded wainscoting. There is also a media room.

“The family room and bar area allow for large gatherings with extended family and is one of our favorite spaces in the home ” Montano said.

French doors lead to the outside stone firepit, which sits adjacent to the outdoor full kitchen and cabana bar.

“We will miss spending summer days and nights in the pool, meals outside and gathering around the firepit at night,” she added.

“This was the home that always hosted family holidays, school functions for sports teams, weddings and bridal/baby showers. It was the home where everyone gathered and made memories that will last a lifetime.”

The luxurious master bedroom suite affords a true escape adorned with a recessed tray ceiling, sitting area with fireplace, private balcony, walls of windows, his and hers walk-in closets with custom cabinetry and built-ins, and a pampering spa bath with inlaid limestone and marble floor, oversized glass enclosed multi-head limestone shower, spa tub and two water closets.

A third-floor loft features an exercise area and full bath. There is ample room for extended family including a main level in-law suite with living room, dining room, kitchenette, bedroom with walk-in closet, full bath, office, porch and separate entrance. A detached barn offers an additional guest suite. There is also a five-car garage, with additional garage space.

Listing agent: Arnold Peck, Property World, 203-314-6790 and 203-641-2327.

Details

Address: 133 Wild Rose Road, Orange
Price: $2.3 million

Features: This 10,500 square foot estate sits on 5.35 acres with stone walls, Gunite pool with waterfall and spa, outdoor kitchen and cabana bar, half basketball court and barn with guest suite. This exquisite 16 room home features six bedrooms, gourmet kitchen, formal living and dining room, family room, three fireplaces, billiards room and bar, media room, exercise room, main level in-law suite, and luxe master suite.

Schools: Amity Middle School, Amity Regional High School

North Country Boatworks to Relocate to Milford, CT

Tue, 25 Aug 2020 15:02:45 GMT

Milford, CT - It was announced today that North Country Boatworks presently located in Stratford, will be relocating to a 4,000 SF building at 36 Higgins Drive in Milford, CT.

The lease term is for five years. Arnold Peck, Owner/Broker at Arnold Peck's Commercial World representing the Higgins property and Bruce Wettenstein, SIOR, and partner with Vidal/Wetterstein represented North Country.

Simple Tips For The Nervous Homebuyer

Mon, 30 Mar 2020 15:19:58 GMT

Having the opportunity to envision themselves in a new place, with new amenities, and starting a new chapter in their lives with each viewing of each home can be exhilarating. They expect the “this is the one!” feeling as soon as they drive down the driveway, and until they have that first reaction, they keep looking.

For other homeowners, the undertaking of house shopping fills them with dread and concern: all the options, the pros and cons of each home, and wondering, as they drive down each driveway, “is this the one?”

Regardless of which buyer you might consider yourself, the “enthusiastic” or the more “cautious” - or somewhere in the middle - here are three simple suggestions to make the hunt for a new home a more informed, and hopefully, confident and enjoyable one.

There’s good reason that upwards of 90 percent of home buyers start their search online

It’s said that “knowledge is power,” and the internet can offer a solid foundation in your education about your local market, the home buying process, and resources that are available to you.

From the comfort of your laptop or your mobile device you have the ability to read general home information, get directions to visit a house and do a drive-by, compare prices and features of homes, contact a brokerage or locate a local real estate agent, research mortgage financing, or watch an online video about a specific home. You can feel more confident and educated by doing a bit of online research before even booking your first showing.

Do a drive-by of a home before requesting a showing

A quick drive-by of a home can give you a realistic idea of traffic on the street and activity level, or busyness of the neighborhood. You’ll be offered a first glimpse of the condition of the home and the pride of ownership of the house for sale, which can give some insight on what you might expect for the condition on the interior of the home, too. If the house doesn’t get a “maybe” or better on your drive-by assessment, you’ve saved yourself time by not bothering to have to schedule a showing of the interior of the house, and allowing you to focus your efforts on the houses that do call for them.

Find out how much money you can borrow before you even start looking

Pre-qualification is an early step in the home buying process, getting an estimate of what you might be able to borrow. You will give information about your finances and complete a credit check. During this stage of the process is when you’ll have the chance to learn more about different mortgage options and working with your lender to determine which is the best choice for you and your situation.

[Real Estate] Connecticut’s housing market headed for a slowdown in a coronavirus economy but there’s hope it could get back on track later this year »

Pre-approval is as close to confirming your creditworthiness without having an actual purchase and sale contract in place. You’ll complete a full mortgage application which will be verified by your lender, who will also do a credit check. If you’re pre-approved, you’ll receive a pre-approval letter, which is an offer (but not a commitment) to lend you a specific amount, good for 90 days.

Regardless of whether you’re gung-ho about your house hunt, or a bit more reserved, doing some legwork before starting the search will make the home buying journey a more informed, confident, and enjoyable one.

Tips to Navigate Leasing Challenges Amid COVID-19

Mon, 30 Mar 2020 15:09:25 GMT

From a pandemic virus to a drop in interest rates by the Federal Reserve, it’s been a rough start for 2020

Whether the turbulence proves to be short-lived or not, this change in volatility just underscores the value of being well prepared to handle any unexpected economic challenge as a business owner. That includes the leasing challenges one may face when leasing commercial real estate space.

Despite the disruptions in the market and economy due to COVID-19, it’s important to remember that challenges can bring new opportunities. The actions you take during this time could affect the future of your business. I’ve included a few tips that I hope will be useful for businesses that are searching for their dream office and negotiating a lease:

• Hire an experienced tenant representation to guide you through the entire lease transaction – at NO cost to you so you can have your dream office without breaking the bank.

• Define a lease transaction timeline from touring to move-in, allowing at least 6 months from your initial tenant rep meeting.

• To be sustainable, the office needs to support the business and be less than 12% of your operating expenses.

• Understand the balance between economics and location. A high-profile location is sexy and costly, yet not always necessary to conduct a successful business.

• Define your space requirements ahead of time. Poor utilization of space is where companies lose a lot of money. Often the landlord will pay for a space plan.

• Everything in a lease is negotiable. Don’t settle for an ok deal.

• Always have agreed upon lease terms in writing! In disputes, the written lease rules.

It is too soon to know the outcome of the pandemic and how the country will fair. One thing is for sure. It’s never a bad idea to take control of your long-term interests and feel confident knowing your business is protected.

Five Tips To Start Investing In Residential Real Estate (Even If You Think You Can't)

Mon, 30 Mar 2020 14:57:51 GMT

Luckily, investing doesn’t have to be an either/or situation, and real estate can enhance a diverse range of investment portfolios

Though millennials have been slower to invest in real estate than previous generations, more young adults are prioritizing investment properties over stocks and even cryptocurrency. In fact, 36% of millennials say real estate is their preferred investment strategy. They aren’t the only ones; the majority of Americans (31%) from different age and socioeconomic groups agree that real estate is the premier investment choice, compared to just 20% who prefer stocks.

Luckily, investing doesn’t have to be an either/or situation, and real estate can enhance a diverse range of investment portfolios. Unfortunately, however, many people learn to believe that this type of investment isn’t accessible to them. Unless you’re close friends or family with a real estate investor, the topic can feel unapproachable. But there are many ways you can empower yourself with knowledge.

With this in mind, here are a few essential strategies you can use to determine if investing in real estate could be a good way for you to build wealth and, if so, how you can get started.

Assess your situation

Clearly establishing your intended career path and lifestyle goals is the best way to determine not only the best investment but also the best loan structure for your unique situation. Most people assume the best way to buy a home is with the standard 30-year fixed mortgage, and while the 30-year mortgage can be a great product – especially for W-2 employees with a regular paycheck and plans for a relatively stable career – it’s not the only (and may not be the best) option for you.

If you work on commission, have a large bonus structure or earn a unique source of income, you may benefit from choosing a different type of loan. Other lifestyle factors, such as whether you plan to travel and/or grow a family, can help you determine which products you may qualify for.

Learn about leverage

Educating yourself about the different ways you can finance a home will naturally demystify the process. While a fixed-rate mortgage requires you to regularly pay principal at the same interest rate for the duration of the loan, an adjustable-rate mortgage (ARM) has a fixed interest rate for a period of time, after which the interest rate can be adjusted annually. Different ARMs appeal to investors with different levels of risk tolerance. While a 3/1 ARM guarantees interest rates for just three years, a 10/1 ARM guarantees rates for 10 years – which is longer than many people spend in a home before selling or refinancing.

Interest-only mortgages are 30-year fixed mortgages with an initial seven to ten year period with fixed interest-only payments, after which the loan’s principal and remaining interest are paid at an adjustable rate. These loans can be a good choice for people with rising incomes, such as those in commission-based businesses, but they’re not a means to buy more house than you can afford, especially since interest-only loans have strict qualification standards, such as a higher credit score and household income.

Do the math

Ultimately, you want to select a product that offers the lowest interest rates with the appropriate level of stability. Mortgage calculators and amortization tables offer a fast and efficient way to see how different products could work for you in the long term. Just a .5% difference in interest rates can add up to hundreds of dollars a month and thousands of dollars a year.

Hire a strong team

Not surprisingly, most people who think they can’t invest in real estate also don’t think they need a financial advisor. While a financial advisor is an excellent asset for real estate investors, there are many other resources. If you don’t have a financial advisor, a strong real estate agent can ask you the right questions about your goals and piece together the right information to formulate the most lucrative financing option for you. No matter which type of loan you ultimately select, you should also maintain an ongoing relationship with your mortgage loan officer, who can monitor the market and let you know when it might be wise to refinance.

Plan for the future

One of the best aspects of investing in real estate is that rental properties can be a source of cash flow and appreciation. When planning to invest in real estate, think about whether you’re investing primarily for regular cash flow or appreciation over time. Either way, it’s essential to calculate your projected net returns on a potential investment property to make sure it realistically aligns with your goals and expectations ahead of time.

Because you only lose money on a real estate investment if you’re forced to sell it (or if its expenses exceed its generated income), you should prepare to ride out any potential storm. Purchasing real estate in an area’s median price range can be the safest bet for weathering a recession. Even if you’re investing in property you intend to use as your primary residence, a quick search of apartment listings in your area can help you determine if you’ll be able to cover the mortgage by collecting rent, in the event that you need or want to move out.

Buying a strong home that generates cash flow can also set you up for a 1031 Exchange on a duplex or fourplex rental property down the line. This way, you can grow the potential of your investment, while safeguarding yourself by staggering lease renewals to cover mortgage costs. Ultimately, successful real estate investing comes down to education. Knowledge is your most lucrative asset, and a smart investment strategy can grow a great deal of wealth – no matter how big or small your initial investment may be.

5 Tips For Selling Your Home During The Coronavirus Pandemic

Mon, 30 Mar 2020 14:46:54 GMT

Life is changing incredibly fast during the coronavirus pandemic and many industries are following suit, including real estate

While some sellers are deciding to pull their homes off the market and try to sell at a different time, that may not be an option for everyone.

With that in mind, if you are trying to sell your home in this market, there are some things that you can do to help keep everyone involved as safe and healthy as possible. Read on below to learn more.

Cancel any open houses

Unfortunately, even though open houses are typically an efficient tool to show your home to many people at once, they are just not advisable right now, given the current restrictions around large gatherings.

Put simply, there’s no easy way to regulate how many people come into your home at once during one of these events. Rather than risking creating an unsafe environment, it’s better just to cancel these events and to use other methods to market your home.

Ask your agent about creating a video tour

To that end, it may be a good idea to ask your agent to create a video tour of your home as part of their marketing process. Many MLS websites allow agents to upload video files to listings in addition to photos.

Watching a video tour will allow potential buyers to get a sense for the layout of your home before they see it in person. Ultimately, it will help give them a better idea of whether or not your home could be a good fit for them.

On your end, it will also help to limit the amount of traffic going through your home to only those buyers who have serious interest in your property.

Clean your home before and after showings

While you should always clean your home before showings, these days, this task is taking on a new level of importance. Be sure to clean your home as thoroughly as you can before and after any scheduled showings in order to create the safest possible environment for everyone involved.

You may also want to have a selection of personal hygiene products like hand sanitizer available for buyers to use while they are viewing your home.

Use teleconferencing and e-signing programs to negotiate contracts

Once you do get an offer, you can handle it digitally. Thanks to technology, there are many different e-signing programs that you can use to sign contracts without having to go into an office and meet with your agent.

If you’re unfamiliar with this process, lean on your agent for assistance. Ask him or her to teleconference with you as you sign the documents. That way, you can get your questions answered before you sign on the dotted line.

Don’t be afraid to take a break

There’s so much uncertainty around the virus that everyone has to use their best judgement on how to stay safe. Don’t be afraid to take a break from marketing your home if you feel that’s what’s best, especially if you or someone in your family is feeling ill.