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May 13, 2024

New Haven’s historic ‘Nicoll House’ office building sold

Costar 27 Elm St., New Haven
By Hanna Snyder Gambini

A historic building used as office space in New Haven’s Central Business District has been sold for more than $1.5 million.

The Caroline Nicoll House building at 27 Elm St., dates back to 1883 and is on the National Register of Historic Places. It is located near the New Haven County Courthouse as well as busy commercial areas.

The building was sold by 27 Elm Street LLC and Joe Mirrione for $1.52 million to Soul of Elm LLC and principal Avi Lipsker in a deal recorded May 10, according to city land records.

The three-story 11,119-square-foot office building sits on a third of an acre with 30 on-site parking spaces behind the building.

It’s within walking distance to the New Haven Green, Yale University, restaurants, banks and shopping, as well as Union Station and interstates 91 and 95.

Lipsker had recently purchased at least two office properties in New Haven; one at 495 Orange St., which has been converted into residential, and 261 Bradley St., which is in the process of being converted into residential units. He could not be reached for comment as to his plans for the Elm Street building.

Brett A. Sherman, senior vice president at Angel Commercial LLC, was the listing broker for the seller.

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