Geenty of The Geenty Group arranges sale of 383 Orange St. - sold by Corporate Drive Holdings

New Haven, CT Kristin Geenty, SIOR of The Geenty Group, Realtors has completed sale of 383 Orange St., a mixed-use investment property. The property consists of a historic brick building featuring large apartments and professional office suites, along with the added benefit of off-street parking in a walkable urban location.
Strategically positioned along Orange St., the asset benefits from proximity to downtown, Yale University, and a mix of professional, retail, and residential uses. The building’s classic architectural character, including its bay windows and period detailing, contributes to its strong tenant appeal and long-term investment stability.
The seller, Corporate Drive Holdings, a local investment group, completed the transaction with buyer MJY & Associates, also an area investment group seeking to expand its footprint in the New Haven market.
Javyn Roundtree, principal broker of Roundtree Real Estate, represented the buyer in the transaction.
“383 Orange St. represents exactly the type of asset investors are continuing to pursue in New Haven. Character-rich buildings with a diversified income stream and strong location fundamentals,” said Geenty.