News: Front Section
Posted: July 26, 2024
Press|Cuozzo brokers $1.12 million Orange St. historic office building sale
New Haven, CT According to Stephen Press, SIOR, and co-principal of Press|Cuozzo Commercial Services, the firm has competed the sale of 400 Orange St., a 4,775 s/f three-story historic office building, set on .29 acres that features 15 car off-street parking.
Constructed in 1857, the building has architectural elements representative of historic New Haven with the charm and function of a modern office building. The property offers immediate access to the CBD, Yale, courthouses, and Interstate I-91/I-95.
The transaction closed at $1.12 million with Press representing the two attorneys that had owned the building for over 30 years, William Clendenen and David Rosen. The buyers, that will be converting the building back to single family residential use, were represented by Michael Martinez of LHWD.
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