The City of New Haven has paid $900,000 to acquire 188-206 and 218-222 Bassett Street, New Haven. The property is a 46,119-square-foot office building with on-site parking for 77 vehicles, as well as an additional adjoining surface parking lot for 30 vehicles. The building is adjacent to the Farmington Canal Trail in New Haven.
The structure was built in 1960 and has housed a number of state agencies, most recently the Department of Social Services.
The seller was Bassett Properties Inc. of New York City.
Stephen Press, SIOR of Press/Cuozzo Commercial Services was sole broker in the transaction, which closed October 2.
TRANSACTIONS
139 Mill Rock Rd. East, Old Saybrook
Kevin Geenty, vice president of the Geenty Group, Realtors was sole broker in the lease of a 1,485-square-foot unit at 139 Mill Rock Road East, Old Saybrook. The tenant is Marcus Everard, who will use the space for the storage of antique furniture. The landlord is Mill Rock Leasing, LLC, whose principal is Gregory M. Cook of Chester. Geenty reports the availability of between 5,000 and 22,300 square feet vacant and available for lease at the property, part of the Old Saybrook Business Park.
